HOTEL NORGE AS

4610 KRISTIANSAND S

Finances

Return on Equity

53,81 %

Current Ratio

0,8

Debt-to-Equity Ratio

2,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 555 000	41 158 000	25 093 000	22 659 000
Net Income	1 463 000	−325 000	−5 559 000	6 969 000
Total Assets	25 180 000	22 705 000	20 625 000	15 217 000
Total Equity	2 719 000	1 256 000	1 581 000	7 140 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 555 000	41 158 000	25 093 000	22 659 000
Expenditure	53 258 000	41 248 000	32 091 000	13 671 000
Operating Profit	2 297 000	−90 000	−6 998 000	8 988 000
Financial Income	62 000	68 000	29 000	2 000
Financial Costs	479 000	389 000	157 000	55 000
Financial Balance	−417 000	−321 000	−128 000	−53 000
Earnings Before Tax	1 879 000	−412 000	−7 127 000	8 935 000
Tax	416 000	−87 000	−1 568 000	1 966 000
Net Income	1 463 000	−325 000	−5 559 000	6 969 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 804 000	13 220 000	13 587 000	12 912 000
Total Current Assets	12 376 000	9 485 000	7 038 000	2 305 000
Total Assets	25 180 000	22 705 000	20 625 000	15 217 000
Total Retained Equity	−2 781 000	−4 244 000	−3 919 000	1 640 000
Total Equity	2 719 000	1 256 000	1 581 000	7 140 000
Total Long-Term Debt	7 000 000	7 000 000	3 000 000	0
Total Current Debt	15 461 000	14 449 000	16 044 000	8 077 000
Total Equity and Debt	25 180 000	22 705 000	20 625 000	15 217 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 555 000	41 158 000	25 093 000	22 659 000
Other Income	0	0	0	0
Revenue	55 555 000	41 158 000	25 093 000	22 659 000
Cost of Goods Sold	4 826 000	3 064 000	5 236 000	1 379 000
Salary Costs	7 460 000	5 206 000	3 516 000	5 707 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	53 258 000	41 248 000	32 091 000	13 671 000
Operating Profit	2 297 000	−90 000	−6 998 000	8 988 000
Financial Income	62 000	68 000	29 000	2 000
Financial Costs	479 000	389 000	157 000	55 000
Financial Balance	−417 000	−321 000	−128 000	−53 000
Dividends	0	0	0	0
Net Income	1 463 000	−325 000	−5 559 000	6 969 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 524 000	4 940 000	4 853 000	3 286 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	8 280 000	8 280 000	8 733 000	9 627 000
Total Fixed Assets	12 804 000	13 220 000	13 587 000	12 912 000
Stock	2 392 000	6 001 000	989 000	0
Total Investments	0	0	0	0
Cash, Bank	2 381 000	755 000	761 000	1 716 000
Total Current Assets	12 376 000	9 485 000	7 038 000	2 305 000
Total Assets	25 180 000	22 705 000	20 625 000	15 217 000
Total Equity	2 719 000	1 256 000	1 581 000	7 140 000
Short-Term Group Debt	2 600 000	2 600 000	2 634 000	2 600 000
Total Long-Term Debt	7 000 000	7 000 000	3 000 000	0
Creditors	1 379 000	1 812 000	1 437 000	189 000
Unpaid Taxes	653 000	490 000	438 000	263 000
Dividends	0	0	0	0
Other Current Debt	7 129 000	5 838 000	5 945 000	5 025 000
Total Current Debt	15 461 000	14 449 000	16 044 000	8 077 000
Total Equity and Debt	25 180 000	22 705 000	20 625 000	15 217 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,81 %	−25,88 %	−351,61 %	97,61 %
Debt-to-Equity Ratio	2,57	5,57	1,9	0
Operating Profit Margin	4,13 %	−0,22 %	−27,89 %	39,67 %
Current Ratio	0,8	0,66	0,44	0,29
Quick Ratio	0,95	1,12	0,47	0,29
Equity Ratio	0,11	0,06	0,08	0,47
Gross Profit Margin	91,31 %	92,56 %	79,13 %	93,91 %