HOTELLET AS

7100 RISSA

Finances

Share Ownership

Return on Equity

−45,36 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 982 000	3 922 000	3 157 000	2 245 000
Net Income	−357 000	467 000	246 000	−900 000
Total Assets	1 537 000	2 125 000	4 533 000	4 110 000
Total Equity	787 000	1 143 000	676 000	229 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 982 000	3 922 000	3 157 000	2 245 000
Expenditure	3 439 000	3 340 000	2 906 000	3 130 000
Operating Profit	−457 000	581 000	252 000	−885 000
Financial Income	1 000	0	1 000	0
Financial Costs	1 000	3 000	6 000	16 000
Financial Balance	0	−3 000	−5 000	−16 000
Earnings Before Tax	−457 000	579 000	246 000	−900 000
Tax	−100 000	112 000	0	0
Net Income	−357 000	467 000	246 000	−900 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	143 000	58 000	24 000	30 000
Total Current Assets	1 394 000	2 067 000	4 509 000	4 081 000
Total Assets	1 537 000	2 125 000	4 533 000	4 110 000
Total Retained Equity	678 000	1 035 000	567 000	120 000
Total Equity	787 000	1 143 000	676 000	229 000
Total Long-Term Debt	0	17 000	94 000	169 000
Total Current Debt	751 000	966 000	3 762 000	3 713 000
Total Equity and Debt	1 537 000	2 125 000	4 533 000	4 110 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 982 000	3 911 000	3 157 000	2 245 000
Other Income	0	11 000	0	0
Revenue	2 982 000	3 922 000	3 157 000	2 245 000
Cost of Goods Sold	209 000	211 000	118 000	270 000
Salary Costs	977 000	923 000	580 000	684 000
Depreciation	15 000	14 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	3 439 000	3 340 000	2 906 000	3 130 000
Operating Profit	−457 000	581 000	252 000	−885 000
Financial Income	1 000	0	1 000	0
Financial Costs	1 000	3 000	6 000	16 000
Financial Balance	0	−3 000	−5 000	−16 000
Dividends	0	0	0	0
Net Income	−357 000	467 000	246 000	−900 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	115 000	15 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	43 000	24 000	30 000
Total Tangible Assets	28 000	43 000	24 000	30 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	143 000	58 000	24 000	30 000
Stock	0	0	8 000	20 000
Total Investments	0	0	0	0
Cash, Bank	442 000	1 146 000	425 000	316 000
Total Current Assets	1 394 000	2 067 000	4 509 000	4 081 000
Total Assets	1 537 000	2 125 000	4 533 000	4 110 000
Total Equity	787 000	1 143 000	676 000	229 000
Short-Term Group Debt	356 000	356 000	475 000	475 000
Total Long-Term Debt	0	17 000	94 000	169 000
Creditors	197 000	257 000	3 145 000	3 053 000
Unpaid Taxes	63 000	66 000	40 000	55 000
Dividends	0	0	0	0
Other Current Debt	135 000	160 000	102 000	130 000
Total Current Debt	751 000	966 000	3 762 000	3 713 000
Total Equity and Debt	1 537 000	2 125 000	4 533 000	4 110 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,36 %	40,86 %	36,39 %	−393,01 %
Debt-to-Equity Ratio	0	0,01	0,14	0,74
Operating Profit Margin	−15,33 %	14,81 %	7,98 %	−39,42 %
Current Ratio	1,86	2,14	1,2	1,1
Quick Ratio	1,86	2,14	1,2	1,11
Equity Ratio	0,51	0,54	0,15	0,06
Gross Profit Margin	92,99 %	94,62 %	96,26 %	87,97 %