VØRINGFOSS HOTEL AS

5783 EIDFJORD

Finances

Share Ownership

Return on Equity

−337,56 %

Current Ratio

1,56

Debt-to-Equity Ratio

3,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 055 000	21 225 000	14 505 000	20 374 000
Net Income	−2 076 000	1 151 000	450 000	415 000
Total Assets	5 560 000	8 013 000	5 215 000	5 638 000
Total Equity	615 000	2 691 000	1 540 000	1 090 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 055 000	21 225 000	14 505 000	20 374 000
Expenditure	21 064 000	19 673 000	13 851 000	19 729 000
Operating Profit	−2 009 000	1 553 000	654 000	646 000
Financial Income	0	0	1 000	3 000
Financial Costs	77 000	66 000	74 000	109 000
Financial Balance	−77 000	−66 000	−73 000	−106 000
Earnings Before Tax	−2 086 000	1 487 000	581 000	540 000
Tax	−10 000	335 000	131 000	125 000
Net Income	−2 076 000	1 151 000	450 000	415 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	956 000	920 000	609 000	789 000
Total Current Assets	4 604 000	7 093 000	4 606 000	4 849 000
Total Assets	5 560 000	8 013 000	5 215 000	5 638 000
Total Retained Equity	585 000	2 661 000	1 510 000	1 060 000
Total Equity	615 000	2 691 000	1 540 000	1 090 000
Total Long-Term Debt	2 000 000	2 010 000	2 015 000	2 020 000
Total Current Debt	2 945 000	3 312 000	1 660 000	2 528 000
Total Equity and Debt	5 560 000	8 013 000	5 215 000	5 638 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 866 000	20 224 000	12 545 000	20 374 000
Other Income	189 000	1 001 000	1 961 000	0
Revenue	19 055 000	21 225 000	14 505 000	20 374 000
Cost of Goods Sold	3 132 000	2 988 000	1 823 000	2 648 000
Salary Costs	8 615 000	8 143 000	5 677 000	8 718 000
Depreciation	440 000	242 000	209 000	169 000
Impairment	0	0	0	0
Expenditure	21 064 000	19 673 000	13 851 000	19 729 000
Operating Profit	−2 009 000	1 553 000	654 000	646 000
Financial Income	0	0	1 000	3 000
Financial Costs	77 000	66 000	74 000	109 000
Financial Balance	−77 000	−66 000	−73 000	−106 000
Dividends	0	0	0	0
Net Income	−2 076 000	1 151 000	450 000	415 000

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	956 000	920 000	580 000	789 000
Total Tangible Assets	956 000	920 000	580 000	789 000
Total Fiancial Fixed Assets	0	0	29 000	0
Total Fixed Assets	956 000	920 000	609 000	789 000
Stock	240 000	288 000	59 000	142 000
Total Investments	0	0	0	0
Cash, Bank	3 529 000	6 372 000	3 163 000	4 056 000
Total Current Assets	4 604 000	7 093 000	4 606 000	4 849 000
Total Assets	5 560 000	8 013 000	5 215 000	5 638 000
Total Equity	615 000	2 691 000	1 540 000	1 090 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000 000	2 010 000	2 015 000	2 020 000
Creditors	1 396 000	955 000	533 000	564 000
Unpaid Taxes	313 000	408 000	136 000	315 000
Dividends	0	0	0	0
Other Current Debt	1 236 000	1 608 000	855 000	1 246 000
Total Current Debt	2 945 000	3 312 000	1 660 000	2 528 000
Total Equity and Debt	5 560 000	8 013 000	5 215 000	5 638 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−337,56 %	42,77 %	29,22 %	38,07 %
Debt-to-Equity Ratio	3,25	0,75	1,31	1,85
Operating Profit Margin	−10,54 %	7,32 %	4,51 %	3,17 %
Current Ratio	1,56	2,14	2,77	1,92
Quick Ratio	1,7	2,35	2,88	2,03
Equity Ratio	0,11	0,34	0,3	0,19
Gross Profit Margin	83,56 %	85,92 %	87,43 %	87 %