ØRSKOGFJELL SKISENTER AS

6392 VIKEBUKT

Finances

Return on Equity

−11,88 %

Current Ratio

14,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	200 000	150 000	200 000	209 000
Net Income	−176 000	−226 000	−158 000	−186 000
Total Assets	1 500 000	1 682 000	1 945 000	2 073 000
Total Equity	1 482 000	1 658 000	1 884 000	2 042 000

Income (NOK)	2022	2021	2020	2019
Revenue	200 000	150 000	200 000	209 000
Expenditure	381 000	381 000	369 000	400 000
Operating Profit	−181 000	−231 000	−169 000	−190 000
Financial Income	5 000	5 000	11 000	5 000
Financial Costs	0	0	0	0
Financial Balance	5 000	5 000	11 000	5 000
Earnings Before Tax	−176 000	−226 000	−158 000	−186 000
Tax	0	0	0	0
Net Income	−176 000	−226 000	−158 000	−186 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 230 000	1 234 000	1 478 000	1 727 000
Total Current Assets	269 000	448 000	467 000	346 000
Total Assets	1 500 000	1 682 000	1 945 000	2 073 000
Total Retained Equity	−5 368 000	−5 192 000	−4 966 000	−4 808 000
Total Equity	1 482 000	1 658 000	1 884 000	2 042 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 000	24 000	61 000	30 000
Total Equity and Debt	1 500 000	1 682 000	1 945 000	2 073 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	200 000	150 000	200 000	209 000
Other Income	0	0	0	0
Revenue	200 000	150 000	200 000	209 000
Cost of Goods Sold	0	0	0	2 000
Salary Costs	0	0	0	0
Depreciation	239 000	244 000	248 000	255 000
Impairment	0	0	0	0
Expenditure	381 000	381 000	369 000	400 000
Operating Profit	−181 000	−231 000	−169 000	−190 000
Financial Income	5 000	5 000	11 000	5 000
Financial Costs	0	0	0	0
Financial Balance	5 000	5 000	11 000	5 000
Dividends	0	0	0	0
Net Income	−176 000	−226 000	−158 000	−186 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	738 000	762 000	806 000	853 000
Machinery and Plant Facilities	492 000	455 000	630 000	807 000
Fixtures	1 000	17 000	42 000	67 000
Total Tangible Assets	1 230 000	1 234 000	1 478 000	1 727 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 230 000	1 234 000	1 478 000	1 727 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	269 000	385 000	203 000	190 000
Total Current Assets	269 000	448 000	467 000	346 000
Total Assets	1 500 000	1 682 000	1 945 000	2 073 000
Total Equity	1 482 000	1 658 000	1 884 000	2 042 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	12 000	12 000	22 000
Unpaid Taxes	0	12 000	49 000	8 000
Dividends	0	0	0	0
Other Current Debt	16 000	0	0	0
Total Current Debt	18 000	24 000	61 000	30 000
Total Equity and Debt	1 500 000	1 682 000	1 945 000	2 073 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,88 %	−13,63 %	−8,39 %	−9,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−90,5 %	−154 %	−84,5 %	−90,91 %
Current Ratio	14,94	18,67	7,66	11,53
Quick Ratio	14,94	18,67	7,66	11,53
Equity Ratio	0,99	0,99	0,97	0,99
Gross Profit Margin	100 %	100 %	100 %	99,04 %