HOTEL 1904 AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

−65,9 %

Current Ratio

0,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 592 000	17 916 000	15 836 000	16 113 000
Net Income	−429 000	−971 000	−2 042 000	39 000
Total Assets	5 381 000	4 997 000	2 973 000	3 330 000
Total Equity	651 000	1 080 000	−1 950 000	92 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 592 000	17 916 000	15 836 000	16 113 000
Expenditure	27 153 000	19 119 000	18 438 000	16 046 000
Operating Profit	−561 000	−1 202 000	−2 602 000	67 000
Financial Income	21 000	6 000	5 000	3 000
Financial Costs	9 000	48 000	21 000	20 000
Financial Balance	12 000	−42 000	−16 000	−17 000
Earnings Before Tax	−549 000	−1 244 000	−2 618 000	50 000
Tax	−120 000	−274 000	−576 000	11 000
Net Income	−429 000	−971 000	−2 042 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 229 000	1 832 000	1 665 000	1 284 000
Total Current Assets	3 151 000	3 164 000	1 308 000	2 045 000
Total Assets	5 381 000	4 997 000	2 973 000	3 330 000
Total Retained Equity	0	0	−2 044 000	−2 000
Total Equity	651 000	1 080 000	−1 950 000	92 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 730 000	3 917 000	4 923 000	3 237 000
Total Equity and Debt	5 381 000	4 997 000	2 973 000	3 330 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 456 000	17 129 000	14 350 000	16 113 000
Other Income	136 000	787 000	1 486 000	0
Revenue	26 592 000	17 916 000	15 836 000	16 113 000
Cost of Goods Sold	5 367 000	3 222 000	2 969 000	2 409 000
Salary Costs	11 443 000	8 329 000	7 629 000	7 751 000
Depreciation	532 000	483 000	405 000	181 000
Impairment	0	0	0	0
Expenditure	27 153 000	19 119 000	18 438 000	16 046 000
Operating Profit	−561 000	−1 202 000	−2 602 000	67 000
Financial Income	21 000	6 000	5 000	3 000
Financial Costs	9 000	48 000	21 000	20 000
Financial Balance	12 000	−42 000	−16 000	−17 000
Dividends	0	0	0	0
Net Income	−429 000	−971 000	−2 042 000	39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	972 000	852 000	578 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 258 000	960 000	1 067 000	1 262 000
Total Tangible Assets	1 258 000	960 000	1 067 000	1 262 000
Total Fiancial Fixed Assets	0	20 000	20 000	20 000
Total Fixed Assets	2 229 000	1 832 000	1 665 000	1 284 000
Stock	711 000	741 000	589 000	454 000
Total Investments	0	0	0	0
Cash, Bank	377 000	344 000	287 000	188 000
Total Current Assets	3 151 000	3 164 000	1 308 000	2 045 000
Total Assets	5 381 000	4 997 000	2 973 000	3 330 000
Total Equity	651 000	1 080 000	−1 950 000	92 000
Short-Term Group Debt	0	0	1 655 000	596 000
Total Long-Term Debt	0	0	0	0
Creditors	1 559 000	1 562 000	1 248 000	512 000
Unpaid Taxes	952 000	646 000	494 000	773 000
Dividends	0	0	0	0
Other Current Debt	2 220 000	1 709 000	1 525 000	1 355 000
Total Current Debt	4 730 000	3 917 000	4 923 000	3 237 000
Total Equity and Debt	5 381 000	4 997 000	2 973 000	3 330 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−65,9 %	−89,91 %	104,72 %	42,39 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	−2,11 %	−6,71 %	−16,43 %	0,42 %
Current Ratio	0,67	0,81	0,27	0,63
Quick Ratio	0,78	1	0,3	0,73
Equity Ratio	0,12	0,22	−0,66	0,03
Gross Profit Margin	79,82 %	82,02 %	81,25 %	85,05 %