HEMSEDAL GOLFALPIN GOLFBANE AS

3550 GOL

Finances

Return on Equity

−0,88 %

Current Ratio

2,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 695 000	3 629 000	2 907 000	1 816 000
Net Income	−57 000	295 000	968 000	−575 000
Total Assets	6 890 000	6 743 000	6 775 000	6 596 000
Total Equity	6 475 000	6 406 000	6 589 000	6 393 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 695 000	3 629 000	2 907 000	1 816 000
Expenditure	3 789 000	3 276 000	2 712 000	2 801 000
Operating Profit	−93 000	353 000	195 000	−984 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	0	1 000	0	0
Financial Balance	1 000	0	1 000	2 000
Earnings Before Tax	−93 000	353 000	196 000	−982 000
Tax	−35 000	58 000	−772 000	−407 000
Net Income	−57 000	295 000	968 000	−575 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 897 000	5 687 000	5 589 000	5 584 000
Total Current Assets	994 000	1 056 000	1 185 000	1 013 000
Total Assets	6 890 000	6 743 000	6 775 000	6 596 000
Total Retained Equity	0	0	0	0
Total Equity	6 475 000	6 406 000	6 589 000	6 393 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	416 000	336 000	185 000	203 000
Total Equity and Debt	6 890 000	6 743 000	6 775 000	6 596 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 695 000	3 629 000	2 907 000	1 816 000
Other Income	0	0	0	0
Revenue	3 695 000	3 629 000	2 907 000	1 816 000
Cost of Goods Sold	940 000	830 000	671 000	430 000
Salary Costs	1 536 000	1 245 000	945 000	982 000
Depreciation	110 000	86 000	171 000	281 000
Impairment	−475 000	−475 000	−475 000	−475 000
Expenditure	3 789 000	3 276 000	2 712 000	2 801 000
Operating Profit	−93 000	353 000	195 000	−984 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	0	1 000	0	0
Financial Balance	1 000	0	1 000	2 000
Dividends	0	0	0	0
Net Income	−57 000	295 000	968 000	−575 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 417 000	5 361 000	5 295 000	5 295 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	480 000	326 000	294 000	288 000
Total Tangible Assets	5 897 000	5 687 000	5 589 000	5 584 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 897 000	5 687 000	5 589 000	5 584 000
Stock	502 000	424 000	244 000	257 000
Total Investments	0	0	0	0
Cash, Bank	241 000	531 000	423 000	65 000
Total Current Assets	994 000	1 056 000	1 185 000	1 013 000
Total Assets	6 890 000	6 743 000	6 775 000	6 596 000
Total Equity	6 475 000	6 406 000	6 589 000	6 393 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	92 000	92 000	22 000	38 000
Unpaid Taxes	93 000	66 000	49 000	61 000
Dividends	0	0	0	0
Other Current Debt	231 000	121 000	114 000	104 000
Total Current Debt	416 000	336 000	185 000	203 000
Total Equity and Debt	6 890 000	6 743 000	6 775 000	6 596 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,88 %	4,61 %	14,69 %	−8,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,52 %	9,73 %	6,71 %	−54,19 %
Current Ratio	2,39	3,14	6,41	4,99
Quick Ratio	−11,56	−12	−20,08	−18,76
Equity Ratio	0,94	0,95	0,97	0,97
Gross Profit Margin	74,56 %	77,13 %	76,92 %	76,32 %