FOSSHEIM TURISTHOTELL AS

2686 LOM

Finances

Return on Equity

168,1 %

Current Ratio

1,55

Debt-to-Equity Ratio

2,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 002 000	16 892 000	14 722 000	15 925 000
Net Income	1 681 000	2 123 000	2 048 000	539 000
Total Assets	10 392 000	9 732 000	8 723 000	5 542 000
Total Equity	1 000 000	2 731 000	2 688 000	2 747 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 002 000	16 892 000	14 722 000	15 925 000
Expenditure	14 795 000	14 135 000	12 049 000	15 216 000
Operating Profit	2 207 000	2 758 000	2 673 000	709 000
Financial Income	10 000	2 000	10 000	1 000
Financial Costs	30 000	50 000	40 000	19 000
Financial Balance	−20 000	−48 000	−30 000	−18 000
Earnings Before Tax	2 187 000	2 710 000	2 643 000	691 000
Tax	505 000	587 000	594 000	152 000
Net Income	1 681 000	2 123 000	2 048 000	539 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	430 000	625 000	2 071 000	1 917 000
Total Current Assets	9 962 000	9 107 000	6 652 000	3 625 000
Total Assets	10 392 000	9 732 000	8 723 000	5 542 000
Total Retained Equity	0	1 731 000	1 688 000	1 747 000
Total Equity	1 000 000	2 731 000	2 688 000	2 747 000
Total Long-Term Debt	2 944 000	2 395 000	1 640 000	0
Total Current Debt	6 447 000	4 605 000	4 395 000	2 795 000
Total Equity and Debt	10 392 000	9 732 000	8 723 000	5 542 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 002 000	16 641 000	14 301 000	15 925 000
Other Income	0	251 000	420 000	0
Revenue	17 002 000	16 892 000	14 722 000	15 925 000
Cost of Goods Sold	2 335 000	2 455 000	2 182 000	2 536 000
Salary Costs	5 918 000	5 742 000	5 054 000	6 725 000
Depreciation	241 000	216 000	221 000	277 000
Impairment	0	0	0	0
Expenditure	14 795 000	14 135 000	12 049 000	15 216 000
Operating Profit	2 207 000	2 758 000	2 673 000	709 000
Financial Income	10 000	2 000	10 000	1 000
Financial Costs	30 000	50 000	40 000	19 000
Financial Balance	−20 000	−48 000	−30 000	−18 000
Dividends	2 040 000	0	0	0
Net Income	1 681 000	2 123 000	2 048 000	539 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	145 000	254 000	363 000	474 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	269 000	355 000	302 000	255 000
Total Tangible Assets	415 000	610 000	665 000	729 000
Total Fiancial Fixed Assets	15 000	15 000	1 406 000	1 187 000
Total Fixed Assets	430 000	625 000	2 071 000	1 917 000
Stock	664 000	552 000	422 000	657 000
Total Investments	0	0	0	0
Cash, Bank	8 959 000	8 131 000	5 715 000	2 141 000
Total Current Assets	9 962 000	9 107 000	6 652 000	3 625 000
Total Assets	10 392 000	9 732 000	8 723 000	5 542 000
Total Equity	1 000 000	2 731 000	2 688 000	2 747 000
Short-Term Group Debt	1 758 000	2 667 000	2 702 000	692 000
Total Long-Term Debt	2 944 000	2 395 000	1 640 000	0
Creditors	500 000	229 000	970 000	420 000
Unpaid Taxes	279 000	250 000	118 000	277 000
Dividends	2 040 000	0	0	0
Other Current Debt	1 751 000	1 460 000	606 000	1 406 000
Total Current Debt	6 447 000	4 605 000	4 395 000	2 795 000
Total Equity and Debt	10 392 000	9 732 000	8 723 000	5 542 000

Financial indicators	2022	2021	2020	2019
Return on Equity	168,1 %	77,74 %	76,19 %	19,62 %
Debt-to-Equity Ratio	2,94	0,88	0,61	0
Operating Profit Margin	12,98 %	16,33 %	18,16 %	4,45 %
Current Ratio	1,55	1,98	1,51	1,3
Quick Ratio	1,72	2,25	1,67	1,7
Equity Ratio	0,1	0,28	0,31	0,5
Gross Profit Margin	86,27 %	85,47 %	85,18 %	84,08 %