FOSEN FJORDHOTELL AS

7170 ÅFJORD

Finances

Share Ownership

Return on Equity

90,62 %

Current Ratio

0,54

Debt-to-Equity Ratio

−0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 890 000	15 812 000	12 207 000	12 484 000
Net Income	−1 739 000	−1 977 000	−2 061 000	−1 521 000
Total Assets	2 418 000	7 485 000	8 473 000	6 295 000
Total Equity	−1 919 000	−180 000	1 797 000	1 905 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 890 000	15 812 000	12 207 000	12 484 000
Expenditure	18 399 000	17 685 000	14 756 000	14 356 000
Operating Profit	−1 508 000	−1 873 000	−2 550 000	−1 872 000
Financial Income	13 000	10 000	17 000	17 000
Financial Costs	245 000	113 000	80 000	81 000
Financial Balance	−232 000	−103 000	−63 000	−64 000
Earnings Before Tax	−1 739 000	−1 977 000	−2 612 000	−1 936 000
Tax	0	0	−551 000	−415 000
Net Income	−1 739 000	−1 977 000	−2 061 000	−1 521 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	230 000	360 000	409 000	379 000
Total Current Assets	2 188 000	7 125 000	8 064 000	5 916 000
Total Assets	2 418 000	7 485 000	8 473 000	6 295 000
Total Retained Equity	−4 244 000	−2 504 000	−528 000	−419 000
Total Equity	−1 919 000	−180 000	1 797 000	1 905 000
Total Long-Term Debt	288 000	8 000	8 000	8 000
Total Current Debt	4 049 000	7 657 000	6 669 000	4 382 000
Total Equity and Debt	2 418 000	7 485 000	8 473 000	6 295 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 151 000	13 763 000	11 889 000	12 381 000
Other Income	740 000	2 049 000	318 000	103 000
Revenue	16 890 000	15 812 000	12 207 000	12 484 000
Cost of Goods Sold	4 597 000	3 390 000	2 736 000	2 851 000
Salary Costs	5 854 000	5 801 000	6 374 000	6 764 000
Depreciation	133 000	120 000	114 000	111 000
Impairment	0	0	0	0
Expenditure	18 399 000	17 685 000	14 756 000	14 356 000
Operating Profit	−1 508 000	−1 873 000	−2 550 000	−1 872 000
Financial Income	13 000	10 000	17 000	17 000
Financial Costs	245 000	113 000	80 000	81 000
Financial Balance	−232 000	−103 000	−63 000	−64 000
Dividends	0	0	0	0
Net Income	−1 739 000	−1 977 000	−2 061 000	−1 521 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	228 000	360 000	409 000	379 000
Total Tangible Assets	228 000	360 000	409 000	379 000
Total Fiancial Fixed Assets	2 000	0	0	0
Total Fixed Assets	230 000	360 000	409 000	379 000
Stock	774 000	495 000	338 000	421 000
Total Investments	0	0	0	0
Cash, Bank	383 000	215 000	716 000	1 277 000
Total Current Assets	2 188 000	7 125 000	8 064 000	5 916 000
Total Assets	2 418 000	7 485 000	8 473 000	6 295 000
Total Equity	−1 919 000	−180 000	1 797 000	1 905 000
Short-Term Group Debt	1 041 000	3 999 000	2 892 000	1 402 000
Total Long-Term Debt	288 000	8 000	8 000	8 000
Creditors	1 537 000	1 573 000	2 690 000	1 582 000
Unpaid Taxes	488 000	441 000	301 000	683 000
Dividends	0	0	0	0
Other Current Debt	982 000	1 644 000	785 000	715 000
Total Current Debt	4 049 000	7 657 000	6 669 000	4 382 000
Total Equity and Debt	2 418 000	7 485 000	8 473 000	6 295 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,62 %	1 098,33 %	−114,69 %	−79,84 %
Debt-to-Equity Ratio	−0,15	−0,04	0	0
Operating Profit Margin	−8,93 %	−11,85 %	−20,89 %	−15 %
Current Ratio	0,54	0,93	1,21	1,35
Quick Ratio	0,67	0,99	1,27	1,49
Equity Ratio	−0,79	−0,02	0,21	0,3
Gross Profit Margin	72,78 %	78,56 %	77,59 %	77,16 %