DESTINATION SETESDAL AS

4735 EVJE

Finances

Share Ownership

Return on Equity

509,09 %

Current Ratio

1,11

Debt-to-Equity Ratio

2,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 002 000	31 000	383 000	1 125 000
Net Income	112 000	−100 000	−67 000	236 000
Total Assets	683 000	98 000	78 000	198 000
Total Equity	22 000	−89 000	11 000	78 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 002 000	31 000	383 000	1 125 000
Expenditure	886 000	127 000	452 000	885 000
Operating Profit	114 000	−96 000	−69 000	240 000
Financial Income	1 000	0	0	1 000
Financial Costs	3 000	4 000	1 000	2 000
Financial Balance	−2 000	−4 000	−1 000	−1 000
Earnings Before Tax	112 000	−100 000	−71 000	239 000
Tax	0	0	−3 000	3 000
Net Income	112 000	−100 000	−67 000	236 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	18 000	43 000	69 000
Total Current Assets	679 000	80 000	35 000	128 000
Total Assets	683 000	98 000	78 000	198 000
Total Retained Equity	−278 000	−389 000	−289 000	−222 000
Total Equity	22 000	−89 000	11 000	78 000
Total Long-Term Debt	52 000	52 000	52 000	52 000
Total Current Debt	609 000	135 000	15 000	67 000
Total Equity and Debt	683 000	98 000	78 000	198 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 002 000	0	319 000	1 125 000
Other Income	0	31 000	64 000	0
Revenue	1 002 000	31 000	383 000	1 125 000
Cost of Goods Sold	667 000	5 000	247 000	579 000
Salary Costs	4 000	4 000	20 000	79 000
Depreciation	14 000	25 000	26 000	23 000
Impairment	0	0	0	0
Expenditure	886 000	127 000	452 000	885 000
Operating Profit	114 000	−96 000	−69 000	240 000
Financial Income	1 000	0	0	1 000
Financial Costs	3 000	4 000	1 000	2 000
Financial Balance	−2 000	−4 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	112 000	−100 000	−67 000	236 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	18 000	43 000	69 000
Total Tangible Assets	4 000	18 000	43 000	69 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 000	18 000	43 000	69 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	487 000	58 000	3 000	85 000
Total Current Assets	679 000	80 000	35 000	128 000
Total Assets	683 000	98 000	78 000	198 000
Total Equity	22 000	−89 000	11 000	78 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	52 000	52 000	52 000	52 000
Creditors	2 000	2 000	1 000	−3 000
Unpaid Taxes	11 000	0	0	2 000
Dividends	0	0	0	0
Other Current Debt	596 000	133 000	3 000	65 000
Total Current Debt	609 000	135 000	15 000	67 000
Total Equity and Debt	683 000	98 000	78 000	198 000

Financial indicators	2022	2021	2020	2019
Return on Equity	509,09 %	112,36 %	−609,09 %	302,56 %
Debt-to-Equity Ratio	2,36	−0,58	4,73	0,67
Operating Profit Margin	11,38 %	−309,68 %	−18,02 %	21,33 %
Current Ratio	1,11	0,59	2,33	1,91
Quick Ratio	1,11	0,59	2,33	1,91
Equity Ratio	0,03	−0,91	0,14	0,39
Gross Profit Margin	33,43 %	83,87 %	35,51 %	48,53 %