PARK HOTEL HOLDING AS

5700 VOSS

Finances

Return on Equity

−6,67 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	28 755 000	59 036 000
Net Income	−2 702 000	51 021 000	−4 023 000	163 000
Total Assets	42 140 000	59 810 000	65 307 000	66 326 000
Total Equity	40 497 000	43 699 000	360 000	4 362 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	28 755 000	59 036 000
Expenditure	366 000	458 000	31 334 000	56 003 000
Operating Profit	−366 000	−458 000	−2 578 000	3 033 000
Financial Income	590 000	51 442 000	19 000	59 000
Financial Costs	2 876 000	6 000	2 546 000	2 842 000
Financial Balance	−2 286 000	51 436 000	−2 527 000	−2 783 000
Earnings Before Tax	−2 652 000	50 978 000	−5 105 000	249 000
Tax	50 000	−44 000	−1 083 000	86 000
Net Income	−2 702 000	51 021 000	−4 023 000	163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 327 000	26 963 000	33 968 000	35 867 000
Total Current Assets	2 813 000	32 847 000	31 339 000	30 459 000
Total Assets	42 140 000	59 810 000	65 307 000	66 326 000
Total Retained Equity	40 197 000	43 399 000	0	127 000
Total Equity	40 497 000	43 699 000	360 000	4 362 000
Total Long-Term Debt	0	1 521 000	47 977 000	50 288 000
Total Current Debt	1 643 000	14 589 000	16 970 000	11 676 000
Total Equity and Debt	42 140 000	59 810 000	65 307 000	66 326 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	24 284 000	55 869 000
Other Income	0	0	4 471 000	3 166 000
Revenue	0	0	28 755 000	59 036 000
Cost of Goods Sold	0	0	6 894 000	12 600 000
Salary Costs	0	0	14 415 000	27 373 000
Depreciation	0	0	2 089 000	2 010 000
Impairment	0	0	0	0
Expenditure	366 000	458 000	31 334 000	56 003 000
Operating Profit	−366 000	−458 000	−2 578 000	3 033 000
Financial Income	590 000	51 442 000	19 000	59 000
Financial Costs	2 876 000	6 000	2 546 000	2 842 000
Financial Balance	−2 286 000	51 436 000	−2 527 000	−2 783 000
Dividends	500 000	11 500 000	0	0
Net Income	−2 702 000	51 021 000	−4 023 000	163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	191 000	0
Real Eastate	0	0	30 554 000	34 014 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	3 023 000	1 653 000
Total Tangible Assets	0	0	33 577 000	35 667 000
Total Fiancial Fixed Assets	39 327 000	26 963 000	200 000	200 000
Total Fixed Assets	39 327 000	26 963 000	33 968 000	35 867 000
Stock	0	0	16 117 000	15 548 000
Total Investments	0	0	0	0
Cash, Bank	2 718 000	21 274 000	3 532 000	3 981 000
Total Current Assets	2 813 000	32 847 000	31 339 000	30 459 000
Total Assets	42 140 000	59 810 000	65 307 000	66 326 000
Total Equity	40 497 000	43 699 000	360 000	4 362 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 521 000	47 977 000	50 288 000
Creditors	89 000	892 000	3 018 000	3 363 000
Unpaid Taxes	0	0	1 868 000	3 161 000
Dividends	500 000	11 500 000	0	0
Other Current Debt	1 554 000	12 345 000	2 375 000	3 124 000
Total Current Debt	1 643 000	14 589 000	16 970 000	11 676 000
Total Equity and Debt	42 140 000	59 810 000	65 307 000	66 326 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,67 %	116,76 %	−1 117,5 %	3,74 %
Debt-to-Equity Ratio	0	0,03	133,27	11,53
Operating Profit Margin	-	-	−8,97 %	5,14 %
Current Ratio	1,71	2,25	1,85	2,61
Quick Ratio	1,71	2,25	36,74	−7,87
Equity Ratio	0,96	0,73	0,01	0,07
Gross Profit Margin	-	-	76,03 %	78,66 %