SØSTRENE STORAAS HOTELL AS

3614 KONGSBERG

Finances

Return on Equity

65,43 %

Current Ratio

1,36

Debt-to-Equity Ratio

3,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 001 000	19 185 000	11 582 000	18 540 000
Net Income	3 287 000	1 547 000	−1 650 000	1 883 000
Total Assets	31 906 000	26 856 000	24 671 000	27 321 000
Total Equity	5 024 000	2 342 000	2 489 000	4 139 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 001 000	19 185 000	11 582 000	18 540 000
Expenditure	25 271 000	16 740 000	11 243 000	16 497 000
Operating Profit	3 730 000	2 445 000	339 000	2 043 000
Financial Income	22 000	10 000	18 000	1 057 000
Financial Costs	−215 000	469 000	2 044 000	714 000
Financial Balance	237 000	−459 000	−2 026 000	343 000
Earnings Before Tax	3 966 000	1 985 000	−1 687 000	2 386 000
Tax	678 000	438 000	−37 000	503 000
Net Income	3 287 000	1 547 000	−1 650 000	1 883 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 668 000	19 401 000	19 519 000	21 584 000
Total Current Assets	10 238 000	7 456 000	5 152 000	5 737 000
Total Assets	31 906 000	26 856 000	24 671 000	27 321 000
Total Retained Equity	2 967 000	285 000	−226 000	1 424 000
Total Equity	5 024 000	2 342 000	2 489 000	4 139 000
Total Long-Term Debt	19 348 000	19 594 000	19 300 000	18 337 000
Total Current Debt	7 535 000	4 920 000	2 882 000	4 845 000
Total Equity and Debt	31 906 000	26 856 000	24 671 000	27 321 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 635 000	15 435 000	10 039 000	12 234 000
Other Income	3 366 000	3 750 000	1 542 000	6 306 000
Revenue	29 001 000	19 185 000	11 582 000	18 540 000
Cost of Goods Sold	5 516 000	2 894 000	1 874 000	3 480 000
Salary Costs	9 121 000	5 341 000	4 618 000	7 497 000
Depreciation	1 504 000	1 256 000	1 096 000	1 076 000
Impairment	0	0	0	0
Expenditure	25 271 000	16 740 000	11 243 000	16 497 000
Operating Profit	3 730 000	2 445 000	339 000	2 043 000
Financial Income	22 000	10 000	18 000	1 057 000
Financial Costs	−215 000	469 000	2 044 000	714 000
Financial Balance	237 000	−459 000	−2 026 000	343 000
Dividends	0	0	0	0
Net Income	3 287 000	1 547 000	−1 650 000	1 883 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 576 000	17 582 000	17 263 000	18 111 000
Machinery and Plant Facilities	0	31 000	614 000	195 000
Fixtures	3 192 000	1 785 000	1 125 000	1 246 000
Total Tangible Assets	20 768 000	19 398 000	19 001 000	19 552 000
Total Fiancial Fixed Assets	901 000	2 000	518 000	2 032 000
Total Fixed Assets	21 668 000	19 401 000	19 519 000	21 584 000
Stock	688 000	401 000	236 000	359 000
Total Investments	0	0	0	0
Cash, Bank	6 531 000	3 643 000	3 168 000	2 023 000
Total Current Assets	10 238 000	7 456 000	5 152 000	5 737 000
Total Assets	31 906 000	26 856 000	24 671 000	27 321 000
Total Equity	5 024 000	2 342 000	2 489 000	4 139 000
Short-Term Group Debt	2 617 000	1 841 000	512 000	1 166 000
Total Long-Term Debt	19 348 000	19 594 000	19 300 000	18 337 000
Creditors	1 860 000	1 120 000	353 000	766 000
Unpaid Taxes	577 000	444 000	322 000	718 000
Dividends	0	0	0	0
Other Current Debt	1 944 000	1 515 000	1 695 000	2 195 000
Total Current Debt	7 535 000	4 920 000	2 882 000	4 845 000
Total Equity and Debt	31 906 000	26 856 000	24 671 000	27 321 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,43 %	66,05 %	−66,29 %	45,49 %
Debt-to-Equity Ratio	3,85	8,37	7,75	4,43
Operating Profit Margin	12,86 %	12,74 %	2,93 %	11,02 %
Current Ratio	1,36	1,52	1,79	1,18
Quick Ratio	1,5	1,65	1,95	1,28
Equity Ratio	0,16	0,09	0,1	0,15
Gross Profit Margin	80,98 %	84,92 %	83,82 %	81,23 %