FIRST HOTELS INTERNATIONAL AS

0255 OSLO

Finances

Share Ownership

Return on Equity

108,64 %

Current Ratio

0,41

Debt-to-Equity Ratio

−0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 680 000	1 634 000	1 517 000	2 605 000
Net Income	−18 323 000	−15 587 000	1 570 000	1 880 000
Total Assets	4 523 000	14 780 000	14 412 000	12 974 000
Total Equity	−16 866 000	−2 044 000	9 318 000	9 318 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 680 000	1 634 000	1 517 000	2 605 000
Expenditure	4 358 000	902 000	39 000	72 000
Operating Profit	−1 678 000	731 000	1 479 000	2 534 000
Financial Income	434 000	565 000	628 000	7 000
Financial Costs	17 079 000	16 666 000	94 000	131 000
Financial Balance	−16 645 000	−16 101 000	534 000	−124 000
Earnings Before Tax	−18 323 000	−15 369 000	2 013 000	2 410 000
Tax	0	218 000	443 000	530 000
Net Income	−18 323 000	−15 587 000	1 570 000	1 880 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	215 000	13 102 000	14 406 000	10 378 000
Total Current Assets	4 308 000	1 678 000	6 000	2 596 000
Total Assets	4 523 000	14 780 000	14 412 000	12 974 000
Total Retained Equity	−17 214 000	−2 372 000	9 153 000	9 153 000
Total Equity	−16 866 000	−2 044 000	9 318 000	9 318 000
Total Long-Term Debt	10 847 000	10 233 000	0	495 000
Total Current Debt	10 543 000	6 591 000	5 094 000	3 161 000
Total Equity and Debt	4 523 000	14 780 000	14 412 000	12 974 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 683 000	1 038 000	1 517 000	2 605 000
Other Income	−3 000	596 000	0	0
Revenue	2 680 000	1 634 000	1 517 000	2 605 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 741 000	0	0	0
Depreciation	16 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 358 000	902 000	39 000	72 000
Operating Profit	−1 678 000	731 000	1 479 000	2 534 000
Financial Income	434 000	565 000	628 000	7 000
Financial Costs	17 079 000	16 666 000	94 000	131 000
Financial Balance	−16 645 000	−16 101 000	534 000	−124 000
Dividends	0	0	0	0
Net Income	−18 323 000	−15 587 000	1 570 000	1 880 000

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	65 000	0	0	0
Total Tangible Assets	65 000	0	0	0
Total Fiancial Fixed Assets	150 000	13 102 000	14 406 000	10 378 000
Total Fixed Assets	215 000	13 102 000	14 406 000	10 378 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	32 000	7 000	0	8 000
Total Current Assets	4 308 000	1 678 000	6 000	2 596 000
Total Assets	4 523 000	14 780 000	14 412 000	12 974 000
Total Equity	−16 866 000	−2 044 000	9 318 000	9 318 000
Short-Term Group Debt	4 705 000	0	0	0
Total Long-Term Debt	10 847 000	10 233 000	0	495 000
Creditors	76 000	276 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	70 000	1 161 000	4 564 000	2 631 000
Total Current Debt	10 543 000	6 591 000	5 094 000	3 161 000
Total Equity and Debt	4 523 000	14 780 000	14 412 000	12 974 000

Financial indicators	2022	2021	2020	2019
Return on Equity	108,64 %	762,57 %	16,85 %	20,18 %
Debt-to-Equity Ratio	−0,64	−5,01	0	0,05
Operating Profit Margin	−62,61 %	44,74 %	97,5 %	97,27 %
Current Ratio	0,41	0,25	0	0,82
Quick Ratio	0,41	0,25	0	0,82
Equity Ratio	−3,73	−0,14	0,65	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %