HOSPITALITY CONCEPT DEVELOPMENT AS

1170 OSLO

Finances

Return on Equity

−812,64 %

Current Ratio

1,23

Debt-to-Equity Ratio

−17,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	521 000	619 000	396 000	1 978 000
Net Income	707 000	−324 000	−72 000	−611 000
Total Assets	6 324 000	5 981 000	320 000	676 000
Total Equity	−87 000	−793 000	−470 000	−398 000

Income (NOK)	2022	2021	2020	2019
Revenue	521 000	619 000	396 000	1 978 000
Expenditure	567 000	986 000	474 000	2 731 000
Operating Profit	−45 000	−366 000	−78 000	−753 000
Financial Income	752 000	0	0	0
Financial Costs	0	6 000	12 000	12 000
Financial Balance	752 000	−6 000	−12 000	−12 000
Earnings Before Tax	707 000	−372 000	−90 000	−765 000
Tax	0	−49 000	−18 000	−154 000
Net Income	707 000	−324 000	−72 000	−611 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	263 000	253 000	281 000	339 000
Total Current Assets	6 061 000	5 728 000	39 000	337 000
Total Assets	6 324 000	5 981 000	320 000	676 000
Total Retained Equity	−117 000	−823 000	−500 000	−428 000
Total Equity	−87 000	−793 000	−470 000	−398 000
Total Long-Term Debt	1 500 000	1 500 000	74 000	117 000
Total Current Debt	4 911 000	5 274 000	716 000	957 000
Total Equity and Debt	6 324 000	5 981 000	320 000	676 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	521 000	619 000	396 000	1 978 000
Other Income	0	0	0	0
Revenue	521 000	619 000	396 000	1 978 000
Cost of Goods Sold	124 000	261 000	0	14 000
Salary Costs	20 000	20 000	19 000	1 887 000
Depreciation	0	76 000	76 000	84 000
Impairment	0	0	0	0
Expenditure	567 000	986 000	474 000	2 731 000
Operating Profit	−45 000	−366 000	−78 000	−753 000
Financial Income	752 000	0	0	0
Financial Costs	0	6 000	12 000	12 000
Financial Balance	752 000	−6 000	−12 000	−12 000
Dividends	0	0	0	0
Net Income	707 000	−324 000	−72 000	−611 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	223 000	223 000	174 000	156 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	76 000	152 000
Total Tangible Assets	0	0	76 000	152 000
Total Fiancial Fixed Assets	40 000	30 000	30 000	30 000
Total Fixed Assets	263 000	253 000	281 000	339 000
Stock	0	0	0	0
Total Investments	5 627 000	5 627 000	0	0
Cash, Bank	86 000	94 000	23 000	125 000
Total Current Assets	6 061 000	5 728 000	39 000	337 000
Total Assets	6 324 000	5 981 000	320 000	676 000
Total Equity	−87 000	−793 000	−470 000	−398 000
Short-Term Group Debt	21 000	26 000	26 000	14 000
Total Long-Term Debt	1 500 000	1 500 000	74 000	117 000
Creditors	−21 000	24 000	21 000	25 000
Unpaid Taxes	4 000	−6 000	14 000	287 000
Dividends	0	0	0	0
Other Current Debt	4 906 000	5 230 000	655 000	631 000
Total Current Debt	4 911 000	5 274 000	716 000	957 000
Total Equity and Debt	6 324 000	5 981 000	320 000	676 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−812,64 %	40,86 %	15,32 %	153,52 %
Debt-to-Equity Ratio	−17,24	−1,89	−0,16	−0,29
Operating Profit Margin	−8,64 %	−59,13 %	−19,7 %	−38,07 %
Current Ratio	1,23	1,09	0,05	0,35
Quick Ratio	1,23	1,09	0,05	0,35
Equity Ratio	−0,01	−0,13	−1,47	−0,59
Gross Profit Margin	76,2 %	57,84 %	100 %	99,29 %