VESTLIA RESORT AS

3580 GEILO

Finances

Return on Equity

1,1 %

Current Ratio

0,69

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	184 778 000	130 123 000	114 435 000	149 680 000
Net Income	118 000	−3 975 000	3 256 000	1 808 000
Total Assets	73 123 000	62 545 000	53 335 000	48 993 000
Total Equity	10 681 000	12 405 000	12 802 000	13 424 000

Income (NOK)	2022	2021	2020	2019
Revenue	184 778 000	130 123 000	114 435 000	149 680 000
Expenditure	184 036 000	135 470 000	110 206 000	147 412 000
Operating Profit	743 000	−5 347 000	4 228 000	2 268 000
Financial Income	25 000	396 000	17 000	74 000
Financial Costs	94 000	117 000	28 000	11 000
Financial Balance	−69 000	279 000	−11 000	63 000
Earnings Before Tax	674 000	−5 068 000	4 217 000	2 331 000
Tax	556 000	−1 093 000	961 000	523 000
Net Income	118 000	−3 975 000	3 256 000	1 808 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 405 000	22 943 000	27 930 000	12 900 000
Total Current Assets	42 718 000	39 602 000	25 406 000	36 093 000
Total Assets	73 123 000	62 545 000	53 335 000	48 993 000
Total Retained Equity	1 343 000	3 067 000	7 042 000	7 664 000
Total Equity	10 681 000	12 405 000	12 802 000	13 424 000
Total Long-Term Debt	797 000	7 861 000	0	0
Total Current Debt	61 644 000	42 278 000	40 534 000	35 569 000
Total Equity and Debt	73 123 000	62 545 000	53 335 000	48 993 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	160 049 000	115 562 000	104 785 000	137 705 000
Other Income	24 729 000	14 562 000	9 650 000	11 975 000
Revenue	184 778 000	130 123 000	114 435 000	149 680 000
Cost of Goods Sold	29 277 000	20 939 000	19 256 000	27 900 000
Salary Costs	75 713 000	54 431 000	45 296 000	62 430 000
Depreciation	1 536 000	1 578 000	2 356 000	1 658 000
Impairment	0	0	0	0
Expenditure	184 036 000	135 470 000	110 206 000	147 412 000
Operating Profit	743 000	−5 347 000	4 228 000	2 268 000
Financial Income	25 000	396 000	17 000	74 000
Financial Costs	94 000	117 000	28 000	11 000
Financial Balance	−69 000	279 000	−11 000	63 000
Dividends	0	0	0	0
Net Income	118 000	−3 975 000	3 256 000	1 808 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	651 000	688 000	604 000	471 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 207 000	3 588 000	3 921 000	4 862 000
Total Tangible Assets	10 207 000	3 588 000	3 921 000	4 862 000
Total Fiancial Fixed Assets	19 547 000	18 667 000	23 404 000	7 567 000
Total Fixed Assets	30 405 000	22 943 000	27 930 000	12 900 000
Stock	4 443 000	4 116 000	4 582 000	4 631 000
Total Investments	0	0	0	0
Cash, Bank	7 851 000	10 236 000	6 861 000	8 017 000
Total Current Assets	42 718 000	39 602 000	25 406 000	36 093 000
Total Assets	73 123 000	62 545 000	53 335 000	48 993 000
Total Equity	10 681 000	12 405 000	12 802 000	13 424 000
Short-Term Group Debt	0	0	6 842 000	16 000
Total Long-Term Debt	797 000	7 861 000	0	0
Creditors	34 481 000	20 500 000	19 312 000	16 485 000
Unpaid Taxes	4 976 000	5 688 000	3 223 000	4 917 000
Dividends	0	0	0	0
Other Current Debt	22 186 000	16 090 000	11 157 000	14 151 000
Total Current Debt	61 644 000	42 278 000	40 534 000	35 569 000
Total Equity and Debt	73 123 000	62 545 000	53 335 000	48 993 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,1 %	−32,04 %	25,43 %	13,47 %
Debt-to-Equity Ratio	0,07	0,63	0	0
Operating Profit Margin	0,4 %	−4,11 %	3,69 %	1,52 %
Current Ratio	0,69	0,94	0,63	1,01
Quick Ratio	0,75	1,04	0,71	1,17
Equity Ratio	0,15	0,2	0,24	0,27
Gross Profit Margin	84,16 %	83,91 %	83,17 %	81,36 %