HEMSEDAL SKI LODGE AS

0151 OSLO

Finances

Return on Equity

−0,13 %

Current Ratio

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	10 000	1 756 000	3 708 000
Net Income	−24 000	−154 000	1 251 000	2 345 000
Total Assets	21 185 000	21 307 000	25 525 000	26 384 000
Total Equity	18 560 000	18 584 000	22 738 000	21 487 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	10 000	1 756 000	3 708 000
Expenditure	31 000	161 000	175 000	721 000
Operating Profit	−31 000	−151 000	1 580 000	2 987 000
Financial Income	0	0	57 000	96 000
Financial Costs	0	46 000	34 000	146 000
Financial Balance	0	−46 000	23 000	−50 000
Earnings Before Tax	−31 000	−197 000	1 604 000	2 937 000
Tax	−7 000	−43 000	353 000	592 000
Net Income	−24 000	−154 000	1 251 000	2 345 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	21 184 000	20 781 000	50 000	1 373 000
Total Current Assets	1 000	526 000	25 474 000	25 011 000
Total Assets	21 185 000	21 307 000	25 525 000	26 384 000
Total Retained Equity	3 560 000	3 584 000	7 738 000	6 487 000
Total Equity	18 560 000	18 584 000	22 738 000	21 487 000
Total Long-Term Debt	2 133 000	2 140 000	2 183 000	1 830 000
Total Current Debt	492 000	583 000	603 000	3 067 000
Total Equity and Debt	21 185 000	21 307 000	25 525 000	26 384 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	251 000
Other Income	0	10 000	1 756 000	3 457 000
Revenue	0	10 000	1 756 000	3 708 000
Cost of Goods Sold	0	50 000	0	386 000
Salary Costs	0	0	0	0
Depreciation	0	0	8 000	84 000
Impairment	0	0	0	0
Expenditure	31 000	161 000	175 000	721 000
Operating Profit	−31 000	−151 000	1 580 000	2 987 000
Financial Income	0	0	57 000	96 000
Financial Costs	0	46 000	34 000	146 000
Financial Balance	0	−46 000	23 000	−50 000
Dividends	0	0	0	0
Net Income	−24 000	−154 000	1 251 000	2 345 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	1 322 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	50 000	50 000
Total Tangible Assets	0	0	50 000	1 373 000
Total Fiancial Fixed Assets	21 184 000	20 781 000	0	0
Total Fixed Assets	21 184 000	20 781 000	50 000	1 373 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	526 000	11 000	14 000
Total Current Assets	1 000	526 000	25 474 000	25 011 000
Total Assets	21 185 000	21 307 000	25 525 000	26 384 000
Total Equity	18 560 000	18 584 000	22 738 000	21 487 000
Short-Term Group Debt	490 000	583 000	603 000	598 000
Total Long-Term Debt	2 133 000	2 140 000	2 183 000	1 830 000
Creditors	0	0	0	9 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	0	0	0
Total Current Debt	492 000	583 000	603 000	3 067 000
Total Equity and Debt	21 185 000	21 307 000	25 525 000	26 384 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−0,13 %	−0,83 %	5,5 %	10,91 %
Debt-to-Equity Ratio	0,11	0,12	0,1	0,09
Operating Profit Margin	-	−1 510 %	89,98 %	80,56 %
Current Ratio	0	0,9	42,25	8,15
Quick Ratio	0	0,9	42,25	8,15
Equity Ratio	0,88	0,87	0,89	0,81
Gross Profit Margin	-	−400 %	100 %	89,59 %