HAI GAO HOTELL AS

3660 RJUKAN

Finances

Share Ownership

Return on Equity

−26,62 %

Current Ratio

3,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 593 000	4 660 000	6 444 000	5 323 000
Net Income	−657 000	193 000	778 000	67 000
Total Assets	3 399 000	1 603 000	1 435 000	977 000
Total Equity	2 468 000	1 128 000	935 000	156 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 593 000	4 660 000	6 444 000	5 323 000
Expenditure	3 435 000	4 400 000	5 427 000	5 890 000
Operating Profit	−841 000	260 000	1 017 000	−566 000
Financial Income	0	2 000	23 000	583 000
Financial Costs	1 000	8 000	39 000	94 000
Financial Balance	−1 000	−6 000	−16 000	489 000
Earnings Before Tax	−842 000	255 000	1 001 000	−77 000
Tax	−185 000	61 000	223 000	−144 000
Net Income	−657 000	193 000	778 000	67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	96 000	115 000	135 000	389 000
Total Current Assets	3 303 000	1 489 000	1 300 000	588 000
Total Assets	3 399 000	1 603 000	1 435 000	977 000
Total Retained Equity	315 000	972 000	778 000	−769 000
Total Equity	2 468 000	1 128 000	935 000	156 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	931 000	475 000	500 000	821 000
Total Equity and Debt	3 399 000	1 603 000	1 435 000	977 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 593 000	4 158 000	5 912 000	5 283 000
Other Income	0	502 000	532 000	41 000
Revenue	2 593 000	4 660 000	6 444 000	5 323 000
Cost of Goods Sold	342 000	606 000	849 000	811 000
Salary Costs	1 403 000	1 498 000	1 530 000	2 207 000
Depreciation	17 000	17 000	35 000	79 000
Impairment	0	0	0	0
Expenditure	3 435 000	4 400 000	5 427 000	5 890 000
Operating Profit	−841 000	260 000	1 017 000	−566 000
Financial Income	0	2 000	23 000	583 000
Financial Costs	1 000	8 000	39 000	94 000
Financial Balance	−1 000	−6 000	−16 000	489 000
Dividends	0	0	0	0
Net Income	−657 000	193 000	778 000	67 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	11 000	14 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	87 000	104 000	121 000	156 000
Total Tangible Assets	87 000	104 000	121 000	156 000
Total Fiancial Fixed Assets	0	0	0	219 000
Total Fixed Assets	96 000	115 000	135 000	389 000
Stock	8 000	8 000	19 000	16 000
Total Investments	0	0	0	0
Cash, Bank	493 000	1 284 000	1 004 000	50 000
Total Current Assets	3 303 000	1 489 000	1 300 000	588 000
Total Assets	3 399 000	1 603 000	1 435 000	977 000
Total Equity	2 468 000	1 128 000	935 000	156 000
Short-Term Group Debt	0	100 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	79 000	37 000	37 000	214 000
Unpaid Taxes	94 000	131 000	80 000	109 000
Dividends	0	0	0	0
Other Current Debt	383 000	149 000	161 000	240 000
Total Current Debt	931 000	475 000	500 000	821 000
Total Equity and Debt	3 399 000	1 603 000	1 435 000	977 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,62 %	17,11 %	83,21 %	42,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−32,43 %	5,58 %	15,78 %	−10,63 %
Current Ratio	3,55	3,13	2,6	0,72
Quick Ratio	3,58	3,19	2,7	0,73
Equity Ratio	0,73	0,7	0,65	0,16
Gross Profit Margin	86,81 %	87 %	86,82 %	84,76 %