PARK HOTEL VOSSEVANGEN AS

5700 VOSS

Finances

Share Ownership

Return on Equity

−0,47 %

Current Ratio

2,39

Debt-to-Equity Ratio

2,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 491 000	39 020 000	28 093 000	56 306 000
Net Income	−24 000	−1 252 000	−5 067 000	−2 540 000
Total Assets	30 517 000	25 380 000	26 735 000	27 754 000
Total Equity	5 140 000	2 825 000	2 725 000	6 977 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 491 000	39 020 000	28 093 000	56 306 000
Expenditure	38 138 000	30 842 000	27 209 000	46 795 000
Operating Profit	876 000	−633 000	−6 010 000	−3 088 000
Financial Income	9 000	17 000	0	17 000
Financial Costs	885 000	989 000	473 000	189 000
Financial Balance	−876 000	−972 000	−473 000	−172 000
Earnings Before Tax	0	−1 605 000	−6 482 000	−3 260 000
Tax	24 000	−353 000	−1 415 000	−720 000
Net Income	−24 000	−1 252 000	−5 067 000	−2 540 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 936 000	4 453 000	4 452 000	1 897 000
Total Current Assets	26 580 000	20 928 000	22 282 000	25 857 000
Total Assets	30 517 000	25 380 000	26 735 000	27 754 000
Total Retained Equity	−2 842 000	−5 157 000	−3 905 000	0
Total Equity	5 140 000	2 825 000	2 725 000	6 977 000
Total Long-Term Debt	14 254 000	5 371 000	0	0
Total Current Debt	11 122 000	17 184 000	24 010 000	20 776 000
Total Equity and Debt	30 517 000	25 380 000	26 735 000	27 754 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 491 000	32 734 000	24 284 000	55 869 000
Other Income	0	6 286 000	3 809 000	437 000
Revenue	50 491 000	39 020 000	28 093 000	56 306 000
Cost of Goods Sold	0	0	0	0
Salary Costs	24 068 000	14 799 000	14 415 000	27 373 000
Depreciation	548 000	324 000	353 000	274 000
Impairment	0	0	0	0
Expenditure	38 138 000	30 842 000	27 209 000	46 795 000
Operating Profit	876 000	−633 000	−6 010 000	−3 088 000
Financial Income	9 000	17 000	0	17 000
Financial Costs	885 000	989 000	473 000	189 000
Financial Balance	−876 000	−972 000	−473 000	−172 000
Dividends	0	0	0	0
Net Income	−24 000	−1 252 000	−5 067 000	−2 540 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	593 000	1 276 000	1 304 000	119 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 218 000	3 051 000	3 023 000	1 653 000
Total Tangible Assets	3 218 000	3 051 000	3 023 000	1 653 000
Total Fiancial Fixed Assets	125 000	125 000	125 000	125 000
Total Fixed Assets	3 936 000	4 453 000	4 452 000	1 897 000
Stock	20 449 000	17 031 000	16 117 000	15 548 000
Total Investments	0	0	0	0
Cash, Bank	891 000	586 000	452 000	1 723 000
Total Current Assets	26 580 000	20 928 000	22 282 000	25 857 000
Total Assets	30 517 000	25 380 000	26 735 000	27 754 000
Total Equity	5 140 000	2 825 000	2 725 000	6 977 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 254 000	5 371 000	0	0
Creditors	2 883 000	1 916 000	2 994 000	3 350 000
Unpaid Taxes	2 538 000	1 454 000	1 396 000	2 283 000
Dividends	0	0	0	0
Other Current Debt	5 702 000	11 594 000	10 103 000	13 116 000
Total Current Debt	11 122 000	17 184 000	24 010 000	20 776 000
Total Equity and Debt	30 517 000	25 380 000	26 735 000	27 754 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,47 %	−44,32 %	−185,94 %	−36,41 %
Debt-to-Equity Ratio	2,77	1,9	0	0
Operating Profit Margin	1,73 %	−1,62 %	−21,39 %	−5,48 %
Current Ratio	2,39	1,22	0,93	1,24
Quick Ratio	−2,85	136,78	2,82	4,95
Equity Ratio	0,17	0,11	0,1	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %