HOVDEN ALPIN RESORT AS

4755 HOVDEN I SETESDAL

Finances

Return on Equity

5,62 %

Current Ratio

0,09

Debt-to-Equity Ratio

5,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 753 000	3 326 000	2 234 000	1 000 000
Net Income	224 000	−228 000	1 174 000	337 000
Total Assets	41 524 000	45 183 000	39 209 000	35 572 000
Total Equity	3 988 000	3 764 000	3 991 000	2 817 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 753 000	3 326 000	2 234 000	1 000 000
Expenditure	7 605 000	3 761 000	2 170 000	1 686 000
Operating Profit	148 000	−435 000	63 000	−686 000
Financial Income	84 000	208 000	1 500 000	1 265 000
Financial Costs	8 000	0	58 000	222 000
Financial Balance	76 000	208 000	1 442 000	1 043 000
Earnings Before Tax	224 000	−228 000	1 506 000	357 000
Tax	0	0	331 000	21 000
Net Income	224 000	−228 000	1 174 000	337 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 004 000	37 426 000	35 040 000	32 875 000
Total Current Assets	1 520 000	7 758 000	4 170 000	2 697 000
Total Assets	41 524 000	45 183 000	39 209 000	35 572 000
Total Retained Equity	3 888 000	3 664 000	3 891 000	2 717 000
Total Equity	3 988 000	3 764 000	3 991 000	2 817 000
Total Long-Term Debt	20 759 000	36 693 000	33 032 000	32 340 000
Total Current Debt	16 777 000	4 726 000	2 186 000	414 000
Total Equity and Debt	41 524 000	45 183 000	39 209 000	35 572 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 370 000	870 000	52 000	0
Other Income	6 383 000	2 456 000	2 182 000	1 000 000
Revenue	7 753 000	3 326 000	2 234 000	1 000 000
Cost of Goods Sold	163 000	147 000	19 000	0
Salary Costs	6 470 000	2 971 000	2 024 000	1 443 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 605 000	3 761 000	2 170 000	1 686 000
Operating Profit	148 000	−435 000	63 000	−686 000
Financial Income	84 000	208 000	1 500 000	1 265 000
Financial Costs	8 000	0	58 000	222 000
Financial Balance	76 000	208 000	1 442 000	1 043 000
Dividends	0	0	0	0
Net Income	224 000	−228 000	1 174 000	337 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	67 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	67 000	0	0	0
Total Fiancial Fixed Assets	39 937 000	37 426 000	35 040 000	32 875 000
Total Fixed Assets	40 004 000	37 426 000	35 040 000	32 875 000
Stock	0	426 000	426 000	426 000
Total Investments	0	0	0	0
Cash, Bank	173 000	2 256 000	59 000	6 000
Total Current Assets	1 520 000	7 758 000	4 170 000	2 697 000
Total Assets	41 524 000	45 183 000	39 209 000	35 572 000
Total Equity	3 988 000	3 764 000	3 991 000	2 817 000
Short-Term Group Debt	−2 000	0	1 505 000	93 000
Total Long-Term Debt	20 759 000	36 693 000	33 032 000	32 340 000
Creditors	87 000	1 937 000	−10 000	41 000
Unpaid Taxes	432 000	268 000	544 000	150 000
Dividends	0	0	0	0
Other Current Debt	16 261 000	2 521 000	147 000	130 000
Total Current Debt	16 777 000	4 726 000	2 186 000	414 000
Total Equity and Debt	41 524 000	45 183 000	39 209 000	35 572 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,62 %	−6,06 %	29,42 %	11,96 %
Debt-to-Equity Ratio	5,21	9,75	8,28	11,48
Operating Profit Margin	1,91 %	−13,08 %	2,82 %	−68,6 %
Current Ratio	0,09	1,64	1,91	6,51
Quick Ratio	0,09	1,8	2,37	−224,75
Equity Ratio	0,1	0,08	0,1	0,08
Gross Profit Margin	97,9 %	95,58 %	99,15 %	100 %