KINSARVIK FJORDHOTELL HOLDING AS

5782 KINSARVIK

Finances

Return on Equity

69,46 %

Current Ratio

1,81

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 916 000	1 292 000	1 410 000	1 840 000
Net Income	9 723 000	−1 292 000	−412 000	−1 030 000
Total Assets	24 607 000	11 663 000	13 336 000	13 834 000
Total Equity	13 998 000	4 275 000	4 943 000	7 850 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 916 000	1 292 000	1 410 000	1 840 000
Expenditure	1 744 000	1 159 000	1 759 000	1 286 000
Operating Profit	12 173 000	133 000	−348 000	553 000
Financial Income	283 000	41 000	53 000	−1 306 000
Financial Costs	9 000	1 394 000	112 000	109 000
Financial Balance	274 000	−1 353 000	−59 000	−1 415 000
Earnings Before Tax	12 447 000	−1 219 000	−407 000	−862 000
Tax	2 724 000	72 000	6 000	168 000
Net Income	9 723 000	−1 292 000	−412 000	−1 030 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 523 000	6 867 000	8 236 000	8 390 000
Total Current Assets	18 084 000	4 796 000	5 100 000	5 445 000
Total Assets	24 607 000	11 663 000	13 336 000	13 834 000
Total Retained Equity	12 346 000	2 624 000	3 291 000	6 198 000
Total Equity	13 998 000	4 275 000	4 943 000	7 850 000
Total Long-Term Debt	600 000	5 653 000	5 655 000	5 544 000
Total Current Debt	10 009 000	1 735 000	2 738 000	441 000
Total Equity and Debt	24 607 000	11 663 000	13 336 000	13 834 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	13 916 000	1 292 000	1 410 000	1 840 000
Revenue	13 916 000	1 292 000	1 410 000	1 840 000
Cost of Goods Sold	0	60 000	60 000	51 000
Salary Costs	0	0	0	0
Depreciation	427 000	420 000	493 000	514 000
Impairment	0	0	0	0
Expenditure	1 744 000	1 159 000	1 759 000	1 286 000
Operating Profit	12 173 000	133 000	−348 000	553 000
Financial Income	283 000	41 000	53 000	−1 306 000
Financial Costs	9 000	1 394 000	112 000	109 000
Financial Balance	274 000	−1 353 000	−59 000	−1 415 000
Dividends	0	0	0	0
Net Income	9 723 000	−1 292 000	−412 000	−1 030 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 803 000	5 566 000	4 829 000	5 233 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	84 000	123 000	158 000	214 000
Total Tangible Assets	5 888 000	5 689 000	4 987 000	5 447 000
Total Fiancial Fixed Assets	635 000	1 179 000	3 249 000	2 943 000
Total Fixed Assets	6 523 000	6 867 000	8 236 000	8 390 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	1 500 000	2 381 000	3 342 000
Total Current Assets	18 084 000	4 796 000	5 100 000	5 445 000
Total Assets	24 607 000	11 663 000	13 336 000	13 834 000
Total Equity	13 998 000	4 275 000	4 943 000	7 850 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	600 000	5 653 000	5 655 000	5 544 000
Creditors	32 000	72 000	16 000	205 000
Unpaid Taxes	3 356 000	31 000	161 000	68 000
Dividends	0	0	0	0
Other Current Debt	3 898 000	1 601 000	2 562 000	0
Total Current Debt	10 009 000	1 735 000	2 738 000	441 000
Total Equity and Debt	24 607 000	11 663 000	13 336 000	13 834 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,46 %	−30,22 %	−8,34 %	−13,12 %
Debt-to-Equity Ratio	0,04	1,32	1,14	0,71
Operating Profit Margin	87,47 %	10,29 %	−24,68 %	30,05 %
Current Ratio	1,81	2,76	1,86	12,35
Quick Ratio	1,81	2,76	1,86	12,35
Equity Ratio	0,57	0,37	0,37	0,57
Gross Profit Margin	100 %	95,36 %	95,74 %	97,23 %