OLDEN FJORDHOTEL AS

6788 OLDEN

Finances

Share Ownership

Return on Equity

241,2 %

Current Ratio

0,4

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 131 000	6 282 000	4 432 000	6 708 000
Net Income	−1 001 000	26 000	29 000	39 000
Total Assets	1 710 000	2 602 000	2 409 000	3 410 000
Total Equity	−415 000	586 000	560 000	530 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 131 000	6 282 000	4 432 000	6 708 000
Expenditure	9 429 000	6 263 000	4 413 000	6 693 000
Operating Profit	−1 299 000	19 000	19 000	14 000
Financial Income	18 000	18 000	22 000	36 000
Financial Costs	2 000	1 000	3 000	0
Financial Balance	16 000	17 000	19 000	36 000
Earnings Before Tax	−1 283 000	36 000	38 000	50 000
Tax	−282 000	10 000	9 000	11 000
Net Income	−1 001 000	26 000	29 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	856 000	354 000	330 000	397 000
Total Current Assets	853 000	2 248 000	2 079 000	3 013 000
Total Assets	1 710 000	2 602 000	2 409 000	3 410 000
Total Retained Equity	−445 000	116 000	90 000	60 000
Total Equity	−415 000	586 000	560 000	530 000
Total Long-Term Debt	0	18 000	17 000	15 000
Total Current Debt	2 124 000	1 998 000	1 832 000	2 864 000
Total Equity and Debt	1 710 000	2 602 000	2 409 000	3 410 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 918 000	6 150 000	4 384 000	6 505 000
Other Income	212 000	131 000	48 000	203 000
Revenue	8 131 000	6 282 000	4 432 000	6 708 000
Cost of Goods Sold	1 201 000	669 000	305 000	814 000
Salary Costs	4 305 000	2 297 000	1 112 000	2 727 000
Depreciation	104 000	66 000	66 000	13 000
Impairment	0	0	0	0
Expenditure	9 429 000	6 263 000	4 413 000	6 693 000
Operating Profit	−1 299 000	19 000	19 000	14 000
Financial Income	18 000	18 000	22 000	36 000
Financial Costs	2 000	1 000	3 000	0
Financial Balance	16 000	17 000	19 000	36 000
Dividends	0	0	0	0
Net Income	−1 001 000	26 000	29 000	39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	264 000	0	0	0
Real Eastate	223 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	365 000	349 000	325 000	392 000
Total Tangible Assets	588 000	349 000	325 000	392 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	856 000	354 000	330 000	397 000
Stock	54 000	23 000	16 000	29 000
Total Investments	0	0	0	0
Cash, Bank	177 000	1 900 000	1 840 000	2 650 000
Total Current Assets	853 000	2 248 000	2 079 000	3 013 000
Total Assets	1 710 000	2 602 000	2 409 000	3 410 000
Total Equity	−415 000	586 000	560 000	530 000
Short-Term Group Debt	1 636 000	1 636 000	1 639 000	1 947 000
Total Long-Term Debt	0	18 000	17 000	15 000
Creditors	167 000	99 000	75 000	610 000
Unpaid Taxes	55 000	24 000	2 000	43 000
Dividends	0	0	0	0
Other Current Debt	266 000	230 000	109 000	252 000
Total Current Debt	2 124 000	1 998 000	1 832 000	2 864 000
Total Equity and Debt	1 710 000	2 602 000	2 409 000	3 410 000

Financial indicators	2022	2021	2020	2019
Return on Equity	241,2 %	4,44 %	5,18 %	7,36 %
Debt-to-Equity Ratio	−0	0,03	0,03	0,03
Operating Profit Margin	−15,98 %	0,3 %	0,43 %	0,21 %
Current Ratio	0,4	1,13	1,13	1,05
Quick Ratio	0,41	1,14	1,14	1,06
Equity Ratio	−0,24	0,23	0,23	0,16
Gross Profit Margin	85,23 %	89,35 %	93,12 %	87,87 %