Financial report
Overview of
financial development
Basel Youth Hostel, © Timo Orubolo
The accounting by the Swiss Youth Hostels complies with the Swiss GAAP ARR professional recommendations and gives a true and fair view of the financial position, the cash flows and the results of operations.
Organisational capital
No Data Found
No Data Found
* in thousands, in CHF
In 2023, all loans taken out during the pandemic were repaid. Liabilities were thus reduced to CHF 11,933,081. In 2023, the Swiss Youth Hostels achieved an annual result of CHF 1,503,411 (prior year: CHF 3,435,095). The organisational capital was CHF 2,282,804 after allocation.
Economic equity capital
2021 | 2022 | 2023 | |
|---|---|---|---|
Economic equity capital in CHF | 2,844,297 | 5,696,052 | 2,282,804 |
Organisational capital in CHF | -2,655,703 | 779,392 | 2,282,804 |
COVID-19 credit in CHF | 500,000 | 416,660 | 0 |
COVID-19 loans in CHF | 5,000,000 | 4,500,000 | 0 |
2022* | 2023* | |
|---|---|---|
Economic equity capital in CHF | 5,696.1 | 2,282.8 |
Organisational capital in CHF | 779.4 | 2,282.8 |
COVID-19 credit in CHF | 416.7 | 0 |
COVID-19 loans in CHF | 4,500.0 | 0 |
* in thousands
Liquidity ratio III in %
No Data Found
No Data Found
* in thousands
The liquidity ratio III amounted to 97% (prior year 200%) during the reporting year. The reduction compared to the previous year is due to the repayment of all long-term liabilities.
