FJORD & FJELL HOTEL ULVIK AS

5730 ULVIK

Finances

Share Ownership

Return on Equity

67,59 %

Current Ratio

2,46

Debt-to-Equity Ratio

−4,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	421 000	0	53 000	4 946 000
Net Income	−930 000	−1 537 000	−1 710 000	−320 000
Total Assets	5 420 000	5 656 000	5 955 000	8 422 000
Total Equity	−1 376 000	−446 000	1 091 000	2 800 000

Income (NOK)	2022	2021	2020	2019
Revenue	421 000	0	53 000	4 946 000
Expenditure	1 197 000	1 420 000	1 678 000	5 277 000
Operating Profit	−776 000	−1 420 000	−1 624 000	−330 000
Financial Income	23 000	24 000	20 000	62 000
Financial Costs	177 000	141 000	105 000	51 000
Financial Balance	−154 000	−117 000	−85 000	11 000
Earnings Before Tax	−930 000	−1 537 000	−1 710 000	−320 000
Tax	0	0	0	0
Net Income	−930 000	−1 537 000	−1 710 000	−320 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 073 000	4 312 000	4 651 000	4 990 000
Total Current Assets	1 347 000	1 344 000	1 304 000	3 432 000
Total Assets	5 420 000	5 656 000	5 955 000	8 422 000
Total Retained Equity	−1 406 000	−476 000	−2 029 000	−320 000
Total Equity	−1 376 000	−446 000	1 091 000	2 800 000
Total Long-Term Debt	6 250 000	5 781 000	4 393 000	2 312 000
Total Current Debt	547 000	321 000	472 000	3 309 000
Total Equity and Debt	5 420 000	5 656 000	5 955 000	8 422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	4 946 000
Other Income	421 000	0	53 000	0
Revenue	421 000	0	53 000	4 946 000
Cost of Goods Sold	21 000	239 000	336 000	861 000
Salary Costs	0	39 000	367 000	2 535 000
Depreciation	239 000	339 000	339 000	310 000
Impairment	0	0	0	0
Expenditure	1 197 000	1 420 000	1 678 000	5 277 000
Operating Profit	−776 000	−1 420 000	−1 624 000	−330 000
Financial Income	23 000	24 000	20 000	62 000
Financial Costs	177 000	141 000	105 000	51 000
Financial Balance	−154 000	−117 000	−85 000	11 000
Dividends	0	0	0	0
Net Income	−930 000	−1 537 000	−1 710 000	−320 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 009 000	4 148 000	4 287 000	4 426 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	64 000	164 000	364 000	564 000
Total Tangible Assets	4 073 000	4 312 000	4 651 000	4 990 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 073 000	4 312 000	4 651 000	4 990 000
Stock	0	0	239 000	41 000
Total Investments	0	0	0	0
Cash, Bank	37 000	436 000	197 000	2 788 000
Total Current Assets	1 347 000	1 344 000	1 304 000	3 432 000
Total Assets	5 420 000	5 656 000	5 955 000	8 422 000
Total Equity	−1 376 000	−446 000	1 091 000	2 800 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 250 000	5 781 000	4 393 000	2 312 000
Creditors	359 000	103 000	206 000	355 000
Unpaid Taxes	0	0	9 000	123 000
Dividends	0	0	0	0
Other Current Debt	188 000	218 000	256 000	2 831 000
Total Current Debt	547 000	321 000	472 000	3 309 000
Total Equity and Debt	5 420 000	5 656 000	5 955 000	8 422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,59 %	344,62 %	−156,74 %	−11,43 %
Debt-to-Equity Ratio	−4,54	−12,96	4,03	0,83
Operating Profit Margin	−184,32 %	-	−3 064,15 %	−6,67 %
Current Ratio	2,46	4,19	2,76	1,04
Quick Ratio	2,46	4,19	5,6	1,05
Equity Ratio	−0,25	−0,08	0,18	0,33
Gross Profit Margin	95,01 %	-	−533,96 %	82,59 %