QUALITY HOTEL GRAND AS

3611 KONGSBERG

Finances

Share Ownership

Return on Equity

−89,29 %

Current Ratio

0,83

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 142 000	61 258 000	52 357 000	81 712 000
Net Income	−4 793 000	−5 083 000	−853 000	6 642 000
Total Assets	18 037 000	22 003 000	17 686 000	24 452 000
Total Equity	5 368 000	6 108 000	1 977 000	2 830 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 142 000	61 258 000	52 357 000	81 712 000
Expenditure	75 651 000	65 835 000	53 439 000	72 961 000
Operating Profit	−4 510 000	−4 577 000	−1 082 000	8 751 000
Financial Income	0	1 000	6 000	24 000
Financial Costs	262 000	223 000	14 000	251 000
Financial Balance	−262 000	−222 000	−8 000	−227 000
Earnings Before Tax	−4 772 000	−4 799 000	−1 090 000	8 524 000
Tax	21 000	284 000	−237 000	1 882 000
Net Income	−4 793 000	−5 083 000	−853 000	6 642 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 631 000	7 737 000	5 376 000	6 394 000
Total Current Assets	10 406 000	14 266 000	12 311 000	18 058 000
Total Assets	18 037 000	22 003 000	17 686 000	24 452 000
Total Retained Equity	−8 198 000	−3 406 000	1 677 000	2 530 000
Total Equity	5 368 000	6 108 000	1 977 000	2 830 000
Total Long-Term Debt	184 000	0	0	0
Total Current Debt	12 486 000	15 895 000	15 709 000	21 622 000
Total Equity and Debt	18 037 000	22 003 000	17 686 000	24 452 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	70 908 000	57 847 000	44 665 000	81 712 000
Other Income	234 000	3 411 000	7 692 000	0
Revenue	71 142 000	61 258 000	52 357 000	81 712 000
Cost of Goods Sold	9 939 000	6 857 000	5 123 000	9 053 000
Salary Costs	29 339 000	22 829 000	17 631 000	26 921 000
Depreciation	1 685 000	1 934 000	2 024 000	2 052 000
Impairment	0	0	0	0
Expenditure	75 651 000	65 835 000	53 439 000	72 961 000
Operating Profit	−4 510 000	−4 577 000	−1 082 000	8 751 000
Financial Income	0	1 000	6 000	24 000
Financial Costs	262 000	223 000	14 000	251 000
Financial Balance	−262 000	−222 000	−8 000	−227 000
Dividends	0	0	0	0
Net Income	−4 793 000	−5 083 000	−853 000	6 642 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	21 000	305 000	68 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 631 000	7 716 000	5 071 000	6 326 000
Total Tangible Assets	7 631 000	7 716 000	5 071 000	6 326 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 631 000	7 737 000	5 376 000	6 394 000
Stock	819 000	954 000	766 000	955 000
Total Investments	0	0	0	0
Cash, Bank	3 687 000	9 324 000	6 062 000	12 014 000
Total Current Assets	10 406 000	14 266 000	12 311 000	18 058 000
Total Assets	18 037 000	22 003 000	17 686 000	24 452 000
Total Equity	5 368 000	6 108 000	1 977 000	2 830 000
Short-Term Group Debt	0	0	0	8 586 000
Total Long-Term Debt	184 000	0	0	0
Creditors	6 509 000	8 912 000	9 942 000	4 745 000
Unpaid Taxes	2 842 000	3 198 000	1 550 000	3 695 000
Dividends	0	0	0	0
Other Current Debt	3 136 000	3 786 000	4 218 000	4 595 000
Total Current Debt	12 486 000	15 895 000	15 709 000	21 622 000
Total Equity and Debt	18 037 000	22 003 000	17 686 000	24 452 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−89,29 %	−83,22 %	−43,15 %	234,7 %
Debt-to-Equity Ratio	0,03	0	0	0
Operating Profit Margin	−6,34 %	−7,47 %	−2,07 %	10,71 %
Current Ratio	0,83	0,9	0,78	0,84
Quick Ratio	0,89	0,95	0,82	0,87
Equity Ratio	0,3	0,28	0,11	0,12
Gross Profit Margin	86,03 %	88,81 %	90,22 %	88,92 %