KVITFJELL HOTEL AS

2634 FÅVANG

Finances

Share Ownership

Return on Equity

−11,63 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 130 000	6 284 000	6 527 000	10 495 000
Net Income	−307 000	−1 498 000	−1 189 000	−24 000
Total Assets	5 412 000	4 384 000	5 502 000	4 274 000
Total Equity	2 640 000	2 645 000	2 625 000	2 603 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 130 000	6 284 000	6 527 000	10 495 000
Expenditure	10 534 000	8 205 000	8 055 000	10 544 000
Operating Profit	−405 000	−1 921 000	−1 529 000	−48 000
Financial Income	15 000	1 000	6 000	18 000
Financial Costs	2 000	1 000	0	1 000
Financial Balance	13 000	0	6 000	17 000
Earnings Before Tax	−392 000	−1 921 000	−1 524 000	−31 000
Tax	−85 000	−422 000	−335 000	−7 000
Net Income	−307 000	−1 498 000	−1 189 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	265 000	360 000	458 000	570 000
Total Current Assets	5 146 000	4 024 000	5 044 000	3 705 000
Total Assets	5 412 000	4 384 000	5 502 000	4 274 000
Total Retained Equity	−230 000	−225 000	−245 000	−267 000
Total Equity	2 640 000	2 645 000	2 625 000	2 603 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 771 000	1 739 000	2 878 000	1 671 000
Total Equity and Debt	5 412 000	4 384 000	5 502 000	4 274 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 808 000	4 958 000	5 829 000	10 495 000
Other Income	322 000	1 326 000	697 000	0
Revenue	10 130 000	6 284 000	6 527 000	10 495 000
Cost of Goods Sold	2 263 000	1 712 000	1 480 000	2 485 000
Salary Costs	3 889 000	3 003 000	3 054 000	4 146 000
Depreciation	90 000	190 000	191 000	173 000
Impairment	0	0	0	0
Expenditure	10 534 000	8 205 000	8 055 000	10 544 000
Operating Profit	−405 000	−1 921 000	−1 529 000	−48 000
Financial Income	15 000	1 000	6 000	18 000
Financial Costs	2 000	1 000	0	1 000
Financial Balance	13 000	0	6 000	17 000
Dividends	0	0	0	0
Net Income	−307 000	−1 498 000	−1 189 000	−24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	38 000	44 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	212 000	301 000	408 000	473 000
Total Tangible Assets	212 000	301 000	408 000	473 000
Total Fiancial Fixed Assets	15 000	21 000	6 000	46 000
Total Fixed Assets	265 000	360 000	458 000	570 000
Stock	315 000	267 000	215 000	226 000
Total Investments	0	0	0	0
Cash, Bank	1 200 000	593 000	1 003 000	1 236 000
Total Current Assets	5 146 000	4 024 000	5 044 000	3 705 000
Total Assets	5 412 000	4 384 000	5 502 000	4 274 000
Total Equity	2 640 000	2 645 000	2 625 000	2 603 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 412 000	1 021 000	2 353 000	1 172 000
Unpaid Taxes	363 000	219 000	174 000	219 000
Dividends	0	0	0	0
Other Current Debt	997 000	498 000	351 000	280 000
Total Current Debt	2 771 000	1 739 000	2 878 000	1 671 000
Total Equity and Debt	5 412 000	4 384 000	5 502 000	4 274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,63 %	−56,64 %	−45,3 %	−0,92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4 %	−30,57 %	−23,43 %	−0,46 %
Current Ratio	1,86	2,31	1,75	2,22
Quick Ratio	2,1	2,73	1,89	2,56
Equity Ratio	0,49	0,6	0,48	0,61
Gross Profit Margin	77,66 %	72,76 %	77,32 %	76,32 %