RAFTEVOLD HOTEL AS

6092 FOSNAVÅG

Finances

Return on Equity

36,45 %

Current Ratio

0,3

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 628 000	3 412 000	4 398 000	11 709 000
Net Income	−2 842 000	−2 744 000	−5 954 000	−2 482 000
Total Assets	3 795 000	5 721 000	4 872 000	4 901 000
Total Equity	−7 796 000	−4 954 000	−2 210 000	−1 822 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 628 000	3 412 000	4 398 000	11 709 000
Expenditure	7 377 000	6 154 000	10 915 000	14 019 000
Operating Profit	−2 749 000	−2 741 000	−6 516 000	−2 310 000
Financial Income	1 000	0	1 000	4 000
Financial Costs	94 000	3 000	13 000	175 000
Financial Balance	−93 000	−3 000	−12 000	−171 000
Earnings Before Tax	−2 842 000	−2 744 000	−6 529 000	−2 482 000
Tax	0	0	−575 000	0
Net Income	−2 842 000	−2 744 000	−5 954 000	−2 482 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	331 000	609 000	1 138 000	4 171 000
Total Current Assets	3 464 000	5 112 000	3 735 000	730 000
Total Assets	3 795 000	5 721 000	4 872 000	4 901 000
Total Retained Equity	−11 572 000	−8 730 000	−5 986 000	−2 102 000
Total Equity	−7 796 000	−4 954 000	−2 210 000	−1 822 000
Total Long-Term Debt	0	0	0	5 072 000
Total Current Debt	11 591 000	10 674 000	7 082 000	1 651 000
Total Equity and Debt	3 795 000	5 721 000	4 872 000	4 901 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 512 000	3 135 000	4 281 000	11 520 000
Other Income	116 000	277 000	118 000	189 000
Revenue	4 628 000	3 412 000	4 398 000	11 709 000
Cost of Goods Sold	670 000	351 000	848 000	2 629 000
Salary Costs	2 064 000	1 868 000	3 158 000	6 019 000
Depreciation	294 000	385 000	371 000	506 000
Impairment	0	0	0	0
Expenditure	7 377 000	6 154 000	10 915 000	14 019 000
Operating Profit	−2 749 000	−2 741 000	−6 516 000	−2 310 000
Financial Income	1 000	0	1 000	4 000
Financial Costs	94 000	3 000	13 000	175 000
Financial Balance	−93 000	−3 000	−12 000	−171 000
Dividends	0	0	0	0
Net Income	−2 842 000	−2 744 000	−5 954 000	−2 482 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 000	20 000	25 000	2 892 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	267 000	556 000	850 000	1 247 000
Total Tangible Assets	282 000	577 000	876 000	4 139 000
Total Fiancial Fixed Assets	48 000	32 000	262 000	32 000
Total Fixed Assets	331 000	609 000	1 138 000	4 171 000
Stock	87 000	118 000	142 000	156 000
Total Investments	0	0	0	0
Cash, Bank	258 000	333 000	541 000	282 000
Total Current Assets	3 464 000	5 112 000	3 735 000	730 000
Total Assets	3 795 000	5 721 000	4 872 000	4 901 000
Total Equity	−7 796 000	−4 954 000	−2 210 000	−1 822 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	5 072 000
Creditors	11 313 000	10 209 000	6 670 000	389 000
Unpaid Taxes	27 000	77 000	97 000	251 000
Dividends	0	0	0	0
Other Current Debt	251 000	389 000	315 000	1 011 000
Total Current Debt	11 591 000	10 674 000	7 082 000	1 651 000
Total Equity and Debt	3 795 000	5 721 000	4 872 000	4 901 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,45 %	55,39 %	269,41 %	136,22 %
Debt-to-Equity Ratio	−0	−0	−0	−2,78
Operating Profit Margin	−59,4 %	−80,33 %	−148,16 %	−19,73 %
Current Ratio	0,3	0,48	0,53	0,44
Quick Ratio	0,3	0,48	0,54	0,49
Equity Ratio	−2,05	−0,87	−0,45	−0,37
Gross Profit Margin	85,52 %	89,71 %	80,72 %	77,55 %