KEY HOTELS AS

0252 OSLO

Finances

Share Ownership

Return on Equity

58,41 %

Current Ratio

0,75

Debt-to-Equity Ratio

−0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	397 000	236 000	61 000	14 000
Net Income	−1 643 000	−608 000	−350 000	−242 000
Total Assets	681 000	103 000	56 000	79 000
Total Equity	−2 813 000	−1 170 000	−562 000	−212 000

Income (NOK)	2022	2021	2020	2019
Revenue	397 000	236 000	61 000	14 000
Expenditure	2 038 000	842 000	411 000	251 000
Operating Profit	−1 641 000	−606 000	−350 000	−236 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	0	6 000
Financial Balance	−1 000	−2 000	0	−6 000
Earnings Before Tax	−1 643 000	−608 000	−350 000	−242 000
Tax	0	0	0	0
Net Income	−1 643 000	−608 000	−350 000	−242 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	681 000	103 000	56 000	79 000
Total Assets	681 000	103 000	56 000	79 000
Total Retained Equity	−2 871 000	−1 229 000	−621 000	−270 000
Total Equity	−2 813 000	−1 170 000	−562 000	−212 000
Total Long-Term Debt	2 585 000	1 117 000	464 000	228 000
Total Current Debt	908 000	156 000	154 000	63 000
Total Equity and Debt	681 000	103 000	56 000	79 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	397 000	0	61 000	14 000
Other Income	0	236 000	0	0
Revenue	397 000	236 000	61 000	14 000
Cost of Goods Sold	15 000	0	0	0
Salary Costs	1 175 000	673 000	316 000	0
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 038 000	842 000	411 000	251 000
Operating Profit	−1 641 000	−606 000	−350 000	−236 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	0	6 000
Financial Balance	−1 000	−2 000	0	−6 000
Dividends	0	0	0	0
Net Income	−1 643 000	−608 000	−350 000	−242 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	395 000	103 000	16 000	8 000
Total Current Assets	681 000	103 000	56 000	79 000
Total Assets	681 000	103 000	56 000	79 000
Total Equity	−2 813 000	−1 170 000	−562 000	−212 000
Short-Term Group Debt	278 000	15 000	0	0
Total Long-Term Debt	2 585 000	1 117 000	464 000	228 000
Creditors	184 000	16 000	49 000	63 000
Unpaid Taxes	112 000	83 000	59 000	0
Dividends	0	0	0	0
Other Current Debt	334 000	42 000	46 000	0
Total Current Debt	908 000	156 000	154 000	63 000
Total Equity and Debt	681 000	103 000	56 000	79 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,41 %	51,97 %	62,28 %	114,15 %
Debt-to-Equity Ratio	−0,92	−0,95	−0,83	−1,08
Operating Profit Margin	−413,35 %	−256,78 %	−573,77 %	−1 685,71 %
Current Ratio	0,75	0,66	0,36	1,25
Quick Ratio	0,75	0,66	0,36	1,25
Equity Ratio	−4,13	−11,36	−10,04	−2,68
Gross Profit Margin	96,22 %	100 %	100 %	100 %