SNOWHOTEL KIRKENES AS

9910 BJØRNEVATN

Finances

Return on Equity

−172,68 %

Current Ratio

1,32

Debt-to-Equity Ratio

19,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 908 000	29 144 000	38 667 000	2 896 000
Net Income	−2 440 000	−5 734 000	−1 502 000	−2 108 000
Total Assets	42 119 000	21 018 000	27 731 000	16 544 000
Total Equity	1 413 000	853 000	2 522 000	−111 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 908 000	29 144 000	38 667 000	2 896 000
Expenditure	54 958 000	36 748 000	40 107 000	5 733 000
Operating Profit	−3 048 000	−7 604 000	−1 440 000	−2 838 000
Financial Income	42 000	1 000	22 000	0
Financial Costs	121 000	61 000	84 000	2 000
Financial Balance	−79 000	−60 000	−62 000	−2 000
Earnings Before Tax	−3 128 000	−7 664 000	−1 502 000	−2 839 000
Tax	−688 000	−1 929 000	0	−732 000
Net Income	−2 440 000	−5 734 000	−1 502 000	−2 108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 639 000	9 049 000	19 957 000	7 851 000
Total Current Assets	16 480 000	11 968 000	7 774 000	8 693 000
Total Assets	42 119 000	21 018 000	27 731 000	16 544 000
Total Retained Equity	413 000	−147 000	0	−141 000
Total Equity	1 413 000	853 000	2 522 000	−111 000
Total Long-Term Debt	28 218 000	14 524 000	20 788 000	9 567 000
Total Current Debt	12 488 000	5 641 000	4 421 000	7 088 000
Total Equity and Debt	42 119 000	21 018 000	27 731 000	16 544 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 671 000	16 587 000	37 690 000	2 656 000
Other Income	2 237 000	12 557 000	977 000	240 000
Revenue	51 908 000	29 144 000	38 667 000	2 896 000
Cost of Goods Sold	10 549 000	4 601 000	8 173 000	4 456 000
Salary Costs	20 521 000	13 897 000	16 866 000	0
Depreciation	1 440 000	1 864 000	1 852 000	937 000
Impairment	0	0	0	0
Expenditure	54 958 000	36 748 000	40 107 000	5 733 000
Operating Profit	−3 048 000	−7 604 000	−1 440 000	−2 838 000
Financial Income	42 000	1 000	22 000	0
Financial Costs	121 000	61 000	84 000	2 000
Financial Balance	−79 000	−60 000	−62 000	−2 000
Dividends	0	0	0	0
Net Income	−2 440 000	−5 734 000	−1 502 000	−2 108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 458 000	1 770 000	0	0
Real Eastate	0	0	6 320 000	5 390 000
Machinery and Plant Facilities	0	0	1 273 000	1 757 000
Fixtures	5 568 000	6 507 000	720 000	674 000
Total Tangible Assets	5 568 000	6 507 000	8 313 000	7 821 000
Total Fiancial Fixed Assets	17 613 000	772 000	11 644 000	30 000
Total Fixed Assets	25 639 000	9 049 000	19 957 000	7 851 000
Stock	1 759 000	1 244 000	1 404 000	2 294 000
Total Investments	0	0	0	0
Cash, Bank	858 000	638 000	988 000	31 000
Total Current Assets	16 480 000	11 968 000	7 774 000	8 693 000
Total Assets	42 119 000	21 018 000	27 731 000	16 544 000
Total Equity	1 413 000	853 000	2 522 000	−111 000
Short-Term Group Debt	0	0	0	1 349 000
Total Long-Term Debt	28 218 000	14 524 000	20 788 000	9 567 000
Creditors	6 181 000	2 127 000	1 359 000	607 000
Unpaid Taxes	836 000	574 000	335 000	0
Dividends	0	0	0	0
Other Current Debt	5 472 000	2 940 000	2 726 000	0
Total Current Debt	12 488 000	5 641 000	4 421 000	7 088 000
Total Equity and Debt	42 119 000	21 018 000	27 731 000	16 544 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−172,68 %	−672,22 %	−59,56 %	1 899,1 %
Debt-to-Equity Ratio	19,97	17,03	8,24	−86,19
Operating Profit Margin	−5,87 %	−26,09 %	−3,72 %	−98 %
Current Ratio	1,32	2,12	1,76	1,23
Quick Ratio	1,54	2,72	2,58	1,81
Equity Ratio	0,03	0,04	0,09	−0,01
Gross Profit Margin	79,68 %	84,21 %	78,86 %	−53,87 %