VICTORIA HOTELL AS

3916 PORSGRUNN

Finances

Return on Equity

−13,05 %

Current Ratio

1,01

Debt-to-Equity Ratio

1,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 657 000	16 750 000	6 950 000	15 987 000
Net Income	−1 662 000	−1 926 000	−5 202 000	−4 097 000
Total Assets	29 335 000	30 425 000	29 051 000	28 965 000
Total Equity	12 738 000	14 401 000	16 327 000	21 530 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 657 000	16 750 000	6 950 000	15 987 000
Expenditure	25 046 000	18 424 000	13 014 000	21 130 000
Operating Profit	−1 389 000	−1 674 000	−6 064 000	−5 143 000
Financial Income	2 000	1 000	1 000	2 000
Financial Costs	275 000	253 000	121 000	109 000
Financial Balance	−273 000	−252 000	−120 000	−107 000
Earnings Before Tax	−1 662 000	−1 926 000	−6 184 000	−5 250 000
Tax	0	0	−982 000	−1 153 000
Net Income	−1 662 000	−1 926 000	−5 202 000	−4 097 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 328 000	26 811 000	27 641 000	27 749 000
Total Current Assets	3 007 000	3 614 000	1 410 000	1 217 000
Total Assets	29 335 000	30 425 000	29 051 000	28 965 000
Total Retained Equity	2 147 000	3 810 000	5 736 000	10 939 000
Total Equity	12 738 000	14 401 000	16 327 000	21 530 000
Total Long-Term Debt	13 616 000	13 511 000	11 711 000	5 076 000
Total Current Debt	2 981 000	2 514 000	1 013 000	2 360 000
Total Equity and Debt	29 335 000	30 425 000	29 051 000	28 965 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 958 000	15 506 000	6 925 000	15 987 000
Other Income	698 000	1 244 000	25 000	0
Revenue	23 657 000	16 750 000	6 950 000	15 987 000
Cost of Goods Sold	2 137 000	1 427 000	775 000	1 517 000
Salary Costs	11 629 000	9 529 000	6 418 000	9 694 000
Depreciation	991 000	1 009 000	996 000	975 000
Impairment	0	0	0	0
Expenditure	25 046 000	18 424 000	13 014 000	21 130 000
Operating Profit	−1 389 000	−1 674 000	−6 064 000	−5 143 000
Financial Income	2 000	1 000	1 000	2 000
Financial Costs	275 000	253 000	121 000	109 000
Financial Balance	−273 000	−252 000	−120 000	−107 000
Dividends	0	0	0	0
Net Income	−1 662 000	−1 926 000	−5 202 000	−4 097 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	25 665 000	26 222 000	26 841 000	26 715 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	658 000	585 000	795 000	1 028 000
Total Tangible Assets	26 323 000	26 806 000	27 636 000	27 742 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	6 000
Total Fixed Assets	26 328 000	26 811 000	27 641 000	27 749 000
Stock	137 000	161 000	82 000	119 000
Total Investments	0	0	0	0
Cash, Bank	1 936 000	2 640 000	934 000	617 000
Total Current Assets	3 007 000	3 614 000	1 410 000	1 217 000
Total Assets	29 335 000	30 425 000	29 051 000	28 965 000
Total Equity	12 738 000	14 401 000	16 327 000	21 530 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 616 000	13 511 000	11 711 000	5 076 000
Creditors	1 135 000	759 000	49 000	1 004 000
Unpaid Taxes	749 000	832 000	391 000	468 000
Dividends	0	0	0	0
Other Current Debt	1 096 000	923 000	573 000	888 000
Total Current Debt	2 981 000	2 514 000	1 013 000	2 360 000
Total Equity and Debt	29 335 000	30 425 000	29 051 000	28 965 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,05 %	−13,37 %	−31,86 %	−19,03 %
Debt-to-Equity Ratio	1,07	0,94	0,72	0,24
Operating Profit Margin	−5,87 %	−9,99 %	−87,25 %	−32,17 %
Current Ratio	1,01	1,44	1,39	0,52
Quick Ratio	1,06	1,54	1,51	0,54
Equity Ratio	0,43	0,47	0,56	0,74
Gross Profit Margin	90,97 %	91,48 %	88,85 %	90,51 %