FJORD & FJELL HOTEL VOSS AS

5713 VOSSESTRAND

Finances

Share Ownership

Return on Equity

49,75 %

Current Ratio

2,29

Debt-to-Equity Ratio

−2,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	205 000	342 000	997 000	3 214 000
Net Income	−697 000	−828 000	−790 000	−490 000
Total Assets	3 025 000	3 306 000	3 263 000	4 506 000
Total Equity	−1 401 000	−705 000	123 000	913 000

Income (NOK)	2022	2021	2020	2019
Revenue	205 000	342 000	997 000	3 214 000
Expenditure	792 000	1 077 000	1 537 000	3 802 000
Operating Profit	−588 000	−735 000	−540 000	−589 000
Financial Income	16 000	13 000	50 000	8 000
Financial Costs	125 000	106 000	75 000	47 000
Financial Balance	−109 000	−93 000	−25 000	−39 000
Earnings Before Tax	−697 000	−828 000	−565 000	−628 000
Tax	0	0	225 000	−138 000
Net Income	−697 000	−828 000	−790 000	−490 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 761 000	2 288 000	2 498 000	2 409 000
Total Current Assets	1 264 000	1 019 000	765 000	2 097 000
Total Assets	3 025 000	3 306 000	3 263 000	4 506 000
Total Retained Equity	−2 406 000	−1 709 000	−881 000	−91 000
Total Equity	−1 401 000	−705 000	123 000	913 000
Total Long-Term Debt	3 874 000	3 896 000	2 892 000	1 769 000
Total Current Debt	553 000	115 000	248 000	1 824 000
Total Equity and Debt	3 025 000	3 306 000	3 263 000	4 506 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 000	267 000	997 000	3 214 000
Other Income	200 000	75 000	0	0
Revenue	205 000	342 000	997 000	3 214 000
Cost of Goods Sold	0	114 000	216 000	401 000
Salary Costs	7 000	44 000	421 000	2 041 000
Depreciation	231 000	229 000	215 000	165 000
Impairment	0	0	0	0
Expenditure	792 000	1 077 000	1 537 000	3 802 000
Operating Profit	−588 000	−735 000	−540 000	−589 000
Financial Income	16 000	13 000	50 000	8 000
Financial Costs	125 000	106 000	75 000	47 000
Financial Balance	−109 000	−93 000	−25 000	−39 000
Dividends	0	0	0	0
Net Income	−697 000	−828 000	−790 000	−490 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	225 000
Real Eastate	1 610 000	1 758 000	1 880 000	1 933 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	151 000	235 000	318 000	251 000
Total Tangible Assets	1 761 000	1 993 000	2 198 000	2 184 000
Total Fiancial Fixed Assets	0	295 000	300 000	0
Total Fixed Assets	1 761 000	2 288 000	2 498 000	2 409 000
Stock	0	45 000	45 000	45 000
Total Investments	0	0	0	0
Cash, Bank	26 000	187 000	393 000	1 697 000
Total Current Assets	1 264 000	1 019 000	765 000	2 097 000
Total Assets	3 025 000	3 306 000	3 263 000	4 506 000
Total Equity	−1 401 000	−705 000	123 000	913 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 874 000	3 896 000	2 892 000	1 769 000
Creditors	223 000	76 000	147 000	102 000
Unpaid Taxes	0	0	49 000	82 000
Dividends	0	0	0	0
Other Current Debt	330 000	39 000	51 000	1 639 000
Total Current Debt	553 000	115 000	248 000	1 824 000
Total Equity and Debt	3 025 000	3 306 000	3 263 000	4 506 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,75 %	117,45 %	−642,28 %	−53,67 %
Debt-to-Equity Ratio	−2,77	−5,53	23,51	1,94
Operating Profit Margin	−286,83 %	−214,91 %	−54,16 %	−18,33 %
Current Ratio	2,29	8,86	3,08	1,15
Quick Ratio	2,29	14,56	3,77	1,18
Equity Ratio	−0,46	−0,21	0,04	0,2
Gross Profit Margin	100 %	66,67 %	78,34 %	87,52 %