KINN HOTELL FLORØ AS

6905 FLORØ

Finances

Share Ownership

Return on Equity

33,2 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 902 000	16 843 000	13 419 000	11 189 000
Net Income	4 895 000	3 250 000	2 722 000	1 608 000
Total Assets	26 718 000	23 022 000	20 841 000	18 495 000
Total Equity	14 743 000	9 849 000	6 599 000	3 877 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 902 000	16 843 000	13 419 000	11 189 000
Expenditure	21 330 000	12 362 000	9 543 000	8 764 000
Operating Profit	6 581 000	4 478 000	3 896 000	2 428 000
Financial Income	56 000	0	0	0
Financial Costs	356 000	294 000	396 000	367 000
Financial Balance	−300 000	−294 000	−396 000	−367 000
Earnings Before Tax	6 281 000	4 184 000	3 500 000	2 062 000
Tax	1 387 000	935 000	778 000	454 000
Net Income	4 895 000	3 250 000	2 722 000	1 608 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 221 000	20 674 000	18 770 000	17 080 000
Total Current Assets	5 497 000	2 348 000	2 071 000	1 415 000
Total Assets	26 718 000	23 022 000	20 841 000	18 495 000
Total Retained Equity	13 268 000	8 374 000	5 124 000	2 402 000
Total Equity	14 743 000	9 849 000	6 599 000	3 877 000
Total Long-Term Debt	7 756 000	10 767 000	12 251 000	13 208 000
Total Current Debt	4 219 000	2 406 000	1 991 000	1 410 000
Total Equity and Debt	26 718 000	23 022 000	20 841 000	18 495 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 917 000	16 842 000	13 417 000	11 189 000
Other Income	−16 000	1 000	2 000	1 000
Revenue	27 902 000	16 843 000	13 419 000	11 189 000
Cost of Goods Sold	6 023 000	2 359 000	1 722 000	1 369 000
Salary Costs	7 290 000	4 701 000	3 079 000	3 298 000
Depreciation	2 276 000	1 086 000	1 053 000	844 000
Impairment	0	0	0	0
Expenditure	21 330 000	12 362 000	9 543 000	8 764 000
Operating Profit	6 581 000	4 478 000	3 896 000	2 428 000
Financial Income	56 000	0	0	0
Financial Costs	356 000	294 000	396 000	367 000
Financial Balance	−300 000	−294 000	−396 000	−367 000
Dividends	0	0	0	0
Net Income	4 895 000	3 250 000	2 722 000	1 608 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	58 000	170 000	292 000
Total Intangible Assets	0	58 000	170 000	292 000
Real Eastate	20 100 000	19 605 000	17 812 000	15 946 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 121 000	1 010 000	787 000	841 000
Total Tangible Assets	21 221 000	20 615 000	18 599 000	16 787 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 221 000	20 674 000	18 770 000	17 080 000
Stock	37 000	28 000	31 000	12 000
Total Investments	0	0	0	0
Cash, Bank	4 191 000	713 000	1 345 000	842 000
Total Current Assets	5 497 000	2 348 000	2 071 000	1 415 000
Total Assets	26 718 000	23 022 000	20 841 000	18 495 000
Total Equity	14 743 000	9 849 000	6 599 000	3 877 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 756 000	10 767 000	12 251 000	13 208 000
Creditors	1 251 000	185 000	359 000	195 000
Unpaid Taxes	291 000	596 000	186 000	212 000
Dividends	0	0	0	0
Other Current Debt	1 013 000	649 000	605 000	512 000
Total Current Debt	4 219 000	2 406 000	1 991 000	1 410 000
Total Equity and Debt	26 718 000	23 022 000	20 841 000	18 495 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,2 %	33 %	41,25 %	41,48 %
Debt-to-Equity Ratio	0,53	1,09	1,86	3,41
Operating Profit Margin	23,59 %	26,59 %	29,03 %	21,7 %
Current Ratio	1,3	0,98	1,04	1
Quick Ratio	1,31	0,99	1,06	1,01
Equity Ratio	0,55	0,43	0,32	0,21
Gross Profit Margin	78,41 %	85,99 %	87,17 %	87,76 %