KONGSVINGER BUDGET HOTEL AS

2212 KONGSVINGER

Finances

Return on Equity

41,69 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 211 000	4 777 000	3 810 000	4 753 000
Net Income	276 000	710 000	827 000	−583 000
Total Assets	1 939 000	1 674 000	610 000	349 000
Total Equity	662 000	581 000	197 000	−629 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 211 000	4 777 000	3 810 000	4 753 000
Expenditure	4 760 000	3 843 000	2 874 000	5 258 000
Operating Profit	448 000	933 000	940 000	−528 000
Financial Income	11 000	0	0	1 000
Financial Costs	54 000	5 000	16 000	56 000
Financial Balance	−43 000	−5 000	−16 000	−55 000
Earnings Before Tax	405 000	928 000	924 000	−583 000
Tax	129 000	218 000	97 000	0
Net Income	276 000	710 000	827 000	−583 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	611 000	945 000	109 000	231 000
Total Current Assets	1 328 000	729 000	501 000	118 000
Total Assets	1 939 000	1 674 000	610 000	349 000
Total Retained Equity	632 000	561 000	177 000	−649 000
Total Equity	662 000	581 000	197 000	−629 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 277 000	1 094 000	413 000	978 000
Total Equity and Debt	1 939 000	1 674 000	610 000	349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 211 000	4 775 000	3 810 000	4 747 000
Other Income	0	2 000	0	5 000
Revenue	5 211 000	4 777 000	3 810 000	4 753 000
Cost of Goods Sold	267 000	203 000	200 000	695 000
Salary Costs	2 052 000	1 837 000	1 066 000	2 210 000
Depreciation	45 000	64 000	69 000	69 000
Impairment	0	0	0	0
Expenditure	4 760 000	3 843 000	2 874 000	5 258 000
Operating Profit	448 000	933 000	940 000	−528 000
Financial Income	11 000	0	0	1 000
Financial Costs	54 000	5 000	16 000	56 000
Financial Balance	−43 000	−5 000	−16 000	−55 000
Dividends	195 000	327 000	0	0
Net Income	276 000	710 000	827 000	−583 000

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	0	45 000	109 000	178 000
Total Tangible Assets	0	45 000	109 000	178 000
Total Fiancial Fixed Assets	611 000	900 000	0	53 000
Total Fixed Assets	611 000	945 000	109 000	231 000
Stock	0	3 000	4 000	0
Total Investments	0	0	0	0
Cash, Bank	986 000	615 000	287 000	3 000
Total Current Assets	1 328 000	729 000	501 000	118 000
Total Assets	1 939 000	1 674 000	610 000	349 000
Total Equity	662 000	581 000	197 000	−629 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	293 000	83 000	66 000	370 000
Unpaid Taxes	92 000	115 000	53 000	144 000
Dividends	195 000	327 000	0	0
Other Current Debt	568 000	350 000	196 000	313 000
Total Current Debt	1 277 000	1 094 000	413 000	978 000
Total Equity and Debt	1 939 000	1 674 000	610 000	349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,69 %	122,2 %	419,8 %	92,69 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	8,6 %	19,53 %	24,67 %	−11,11 %
Current Ratio	1,04	0,67	1,21	0,12
Quick Ratio	1,04	0,67	1,22	0,12
Equity Ratio	0,34	0,35	0,32	−1,8
Gross Profit Margin	94,88 %	95,75 %	94,75 %	85,38 %