GOLF HEMSEDAL AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

−18,13 %

Current Ratio

8,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	133 000	400 000	310 000	345 000
Net Income	−875 000	−19 000	−337 000	−113 000
Total Assets	4 979 000	7 423 000	7 437 000	7 610 000
Total Equity	4 827 000	5 702 000	5 721 000	6 058 000

Income (NOK)	2022	2021	2020	2019
Revenue	133 000	400 000	310 000	345 000
Expenditure	993 000	337 000	623 000	383 000
Operating Profit	−860 000	63 000	−313 000	−38 000
Financial Income	6 000	4 000	4 000	3 000
Financial Costs	21 000	85 000	81 000	78 000
Financial Balance	−15 000	−81 000	−77 000	−75 000
Earnings Before Tax	−875 000	−19 000	−390 000	−113 000
Tax	0	0	−53 000	0
Net Income	−875 000	−19 000	−337 000	−113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 730 000	7 349 000	7 345 000	7 399 000
Total Current Assets	1 248 000	73 000	91 000	211 000
Total Assets	4 979 000	7 423 000	7 437 000	7 610 000
Total Retained Equity	−96 000	779 000	798 000	1 135 000
Total Equity	4 827 000	5 702 000	5 721 000	6 058 000
Total Long-Term Debt	0	1 204 000	1 086 000	1 178 000
Total Current Debt	152 000	518 000	630 000	373 000
Total Equity and Debt	4 979 000	7 423 000	7 437 000	7 610 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−358 000	28 000	3 000	0
Other Income	491 000	372 000	307 000	345 000
Revenue	133 000	400 000	310 000	345 000
Cost of Goods Sold	168 000	7 000	14 000	32 000
Salary Costs	254 000	85 000	88 000	85 000
Depreciation	43 000	55 000	57 000	20 000
Impairment	0	0	0	0
Expenditure	993 000	337 000	623 000	383 000
Operating Profit	−860 000	63 000	−313 000	−38 000
Financial Income	6 000	4 000	4 000	3 000
Financial Costs	21 000	85 000	81 000	78 000
Financial Balance	−15 000	−81 000	−77 000	−75 000
Dividends	0	0	0	0
Net Income	−875 000	−19 000	−337 000	−113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	8 000	8 000	8 000
Real Eastate	3 657 000	3 678 000	3 643 000	3 663 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	65 000	88 000	122 000	159 000
Total Tangible Assets	3 722 000	3 766 000	3 765 000	3 822 000
Total Fiancial Fixed Assets	0	3 576 000	3 572 000	3 569 000
Total Fixed Assets	3 730 000	7 349 000	7 345 000	7 399 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 191 000	5 000	9 000	53 000
Total Current Assets	1 248 000	73 000	91 000	211 000
Total Assets	4 979 000	7 423 000	7 437 000	7 610 000
Total Equity	4 827 000	5 702 000	5 721 000	6 058 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 204 000	1 086 000	1 178 000
Creditors	35 000	13 000	87 000	83 000
Unpaid Taxes	14 000	23 000	5 000	5 000
Dividends	0	0	0	0
Other Current Debt	102 000	388 000	358 000	286 000
Total Current Debt	152 000	518 000	630 000	373 000
Total Equity and Debt	4 979 000	7 423 000	7 437 000	7 610 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,13 %	−0,33 %	−5,89 %	−1,87 %
Debt-to-Equity Ratio	0	0,21	0,19	0,19
Operating Profit Margin	−646,62 %	15,75 %	−100,97 %	−11,01 %
Current Ratio	8,21	0,14	0,14	0,57
Quick Ratio	8,21	0,14	0,14	0,57
Equity Ratio	0,97	0,77	0,77	0,8
Gross Profit Margin	−26,32 %	98,25 %	95,48 %	90,72 %