VISITHESSDALEN AS

7380 ÅLEN

Finances

Share Ownership

Return on Equity

32,55 %

Current Ratio

3,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	186 000	256 000	131 000	161 000
Net Income	69 000	26 000	8 000	−39 000
Total Assets	242 000	185 000	143 000	167 000
Total Equity	212 000	143 000	118 000	110 000

Income (NOK)	2022	2021	2020	2019
Revenue	186 000	256 000	131 000	161 000
Expenditure	106 000	230 000	117 000	200 000
Operating Profit	80 000	26 000	14 000	−39 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	6 000	0
Financial Balance	0	−1 000	−6 000	0
Earnings Before Tax	80 000	26 000	8 000	−39 000
Tax	11 000	0	0	0
Net Income	69 000	26 000	8 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	145 000	145 000	72 000	78 000
Total Current Assets	96 000	39 000	71 000	90 000
Total Assets	242 000	185 000	143 000	167 000
Total Retained Equity	39 000	−30 000	−55 000	−63 000
Total Equity	212 000	143 000	118 000	110 000
Total Long-Term Debt	1 000	0	11 000	30 000
Total Current Debt	29 000	41 000	14 000	28 000
Total Equity and Debt	242 000	185 000	143 000	167 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	163 000	156 000	131 000	142 000
Other Income	23 000	100 000	0	20 000
Revenue	186 000	256 000	131 000	161 000
Cost of Goods Sold	17 000	115 000	47 000	71 000
Salary Costs	0	0	0	14 000
Depreciation	0	1 000	6 000	12 000
Impairment	0	0	0	0
Expenditure	106 000	230 000	117 000	200 000
Operating Profit	80 000	26 000	14 000	−39 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	6 000	0
Financial Balance	0	−1 000	−6 000	0
Dividends	0	0	0	0
Net Income	69 000	26 000	8 000	−39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	145 000	145 000	71 000	71 000
Machinery and Plant Facilities	0	0	0	2 000
Fixtures	0	0	1 000	5 000
Total Tangible Assets	145 000	145 000	72 000	78 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	145 000	145 000	72 000	78 000
Stock	35 000	27 000	25 000	26 000
Total Investments	0	0	0	0
Cash, Bank	35 000	40 000	70 000	57 000
Total Current Assets	96 000	39 000	71 000	90 000
Total Assets	242 000	185 000	143 000	167 000
Total Equity	212 000	143 000	118 000	110 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	11 000	30 000
Creditors	12 000	42 000	2 000	15 000
Unpaid Taxes	6 000	0	11 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	13 000
Total Current Debt	29 000	41 000	14 000	28 000
Total Equity and Debt	242 000	185 000	143 000	167 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,55 %	18,18 %	6,78 %	−35,45 %
Debt-to-Equity Ratio	0	0	0,09	0,27
Operating Profit Margin	43,01 %	10,16 %	10,69 %	−24,22 %
Current Ratio	3,31	0,95	5,07	3,21
Quick Ratio	−16	2,79	−6,45	45
Equity Ratio	0,88	0,77	0,83	0,66
Gross Profit Margin	90,86 %	55,08 %	64,12 %	55,9 %