SKITORGET KVITFJELL AS

2634 FÅVANG

Finances

Return on Equity

−85,97 %

Current Ratio

0,17

Debt-to-Equity Ratio

16,39

Key figures (NOK)	2023	2022	2021	2020
Revenue	4 462 000	4 330 000	0	0
Net Income	−6 386 000	−749 000	−814 000	−6 000
Total Assets	181 414 000	129 471 000	92 087 000	2 094 000
Total Equity	7 428 000	5 818 000	1 517 000	1 551 000

Income (NOK)	2023	2022	2021	2020
Revenue	4 462 000	4 330 000	0	0
Expenditure	7 265 000	3 772 000	1 035 000	31 000
Operating Profit	−2 803 000	559 000	−1 035 000	−31 000
Financial Income	42 000	7 000	7 000	25 000
Financial Costs	5 429 000	1 526 000	15 000	1 000
Financial Balance	−5 387 000	−1 519 000	−8 000	24 000
Earnings Before Tax	−8 189 000	−960 000	−1 043 000	−8 000
Tax	−1 803 000	−211 000	−230 000	−1 000
Net Income	−6 386 000	−749 000	−814 000	−6 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	172 327 000	119 196 000	85 610 000	1 000 000
Total Current Assets	9 087 000	10 275 000	6 477 000	1 094 000
Total Assets	181 414 000	129 471 000	92 087 000	2 094 000
Total Retained Equity	−6 898 000	−512 000	237 000	1 051 000
Total Equity	7 428 000	5 818 000	1 517 000	1 551 000
Total Long-Term Debt	121 782 000	122 634 000	615 000	0
Total Current Debt	52 204 000	1 019 000	89 955 000	543 000
Total Equity and Debt	181 414 000	129 471 000	92 087 000	2 094 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	0	0	0	0
Other Income	4 462 000	4 330 000	0	0
Revenue	4 462 000	4 330 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	145 000	406 000	0	0
Depreciation	5 162 000	2 571 000	0	0
Impairment	0	0	0	0
Expenditure	7 265 000	3 772 000	1 035 000	31 000
Operating Profit	−2 803 000	559 000	−1 035 000	−31 000
Financial Income	42 000	7 000	7 000	25 000
Financial Costs	5 429 000	1 526 000	15 000	1 000
Financial Balance	−5 387 000	−1 519 000	−8 000	24 000
Dividends	0	0	0	0
Net Income	−6 386 000	−749 000	−814 000	−6 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	0	0	12 000	2 000
Real Eastate	164 622 000	110 649 000	85 598 000	998 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 705 000	8 547 000	0	0
Total Tangible Assets	172 327 000	119 196 000	85 598 000	998 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	172 327 000	119 196 000	85 610 000	1 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	9 087 000	10 275 000	6 477 000	1 094 000
Total Assets	181 414 000	129 471 000	92 087 000	2 094 000
Total Equity	7 428 000	5 818 000	1 517 000	1 551 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	121 782 000	122 634 000	615 000	0
Creditors	5 458 000	188 000	9 037 000	543 000
Unpaid Taxes	0	149 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 046 000	680 000	0	0
Total Current Debt	52 204 000	1 019 000	89 955 000	543 000
Total Equity and Debt	181 414 000	129 471 000	92 087 000	2 094 000

Financial indicators	2023	2022	2021	2020
Return on Equity	−85,97 %	−12,87 %	−53,66 %	−0,39 %
Debt-to-Equity Ratio	16,39	21,08	0,41	0
Operating Profit Margin	−62,82 %	12,91 %	-	-
Current Ratio	0,17	10,08	0,07	2,01
Quick Ratio	0,17	10,08	0,07	2,01
Equity Ratio	0,04	0,04	0,02	0,74
Gross Profit Margin	100 %	100 %	-	-