FRICH'S HOTEL & SPISERI KONGSVOLD AS

7345 DRIVDALEN

Finances

Share Ownership

Return on Equity

23,21 %

Current Ratio

2,95

Debt-to-Equity Ratio

2,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 733 000	6 925 000	5 851 000	1 233 000
Net Income	133 000	789 000	164 000	96 000
Total Assets	2 264 000	2 468 000	1 400 000	2 255 000
Total Equity	573 000	440 000	440 000	463 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 733 000	6 925 000	5 851 000	1 233 000
Expenditure	5 544 000	5 898 000	5 613 000	1 110 000
Operating Profit	190 000	1 026 000	237 000	123 000
Financial Income	3 000	2 000	1 000	0
Financial Costs	20 000	18 000	28 000	0
Financial Balance	−17 000	−16 000	−27 000	0
Earnings Before Tax	173 000	1 011 000	210 000	123 000
Tax	39 000	222 000	46 000	27 000
Net Income	133 000	789 000	164 000	96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	906 000	236 000	354 000	562 000
Total Current Assets	1 359 000	2 232 000	1 047 000	1 692 000
Total Assets	2 264 000	2 468 000	1 400 000	2 255 000
Total Retained Equity	198 000	65 000	65 000	88 000
Total Equity	573 000	440 000	440 000	463 000
Total Long-Term Debt	1 231 000	381 000	464 000	500 000
Total Current Debt	460 000	1 646 000	497 000	1 292 000
Total Equity and Debt	2 264 000	2 468 000	1 400 000	2 255 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 588 000	6 856 000	6 061 000	482 000
Other Income	145 000	68 000	−210 000	751 000
Revenue	5 733 000	6 925 000	5 851 000	1 233 000
Cost of Goods Sold	1 062 000	1 143 000	1 412 000	69 000
Salary Costs	2 156 000	2 545 000	2 171 000	315 000
Depreciation	137 000	118 000	118 000	9 000
Impairment	0	0	0	0
Expenditure	5 544 000	5 898 000	5 613 000	1 110 000
Operating Profit	190 000	1 026 000	237 000	123 000
Financial Income	3 000	2 000	1 000	0
Financial Costs	20 000	18 000	28 000	0
Financial Balance	−17 000	−16 000	−27 000	0
Dividends	0	0	0	0
Net Income	133 000	789 000	164 000	96 000

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	394 000	236 000	354 000	562 000
Total Tangible Assets	394 000	236 000	354 000	562 000
Total Fiancial Fixed Assets	511 000	0	0	0
Total Fixed Assets	906 000	236 000	354 000	562 000
Stock	234 000	45 000	50 000	185 000
Total Investments	0	0	0	0
Cash, Bank	659 000	1 841 000	842 000	576 000
Total Current Assets	1 359 000	2 232 000	1 047 000	1 692 000
Total Assets	2 264 000	2 468 000	1 400 000	2 255 000
Total Equity	573 000	440 000	440 000	463 000
Short-Term Group Debt	135 000	1 023 000	240 000	567 000
Total Long-Term Debt	1 231 000	381 000	464 000	500 000
Creditors	29 000	235 000	97 000	569 000
Unpaid Taxes	51 000	56 000	−40 000	−103 000
Dividends	0	0	0	0
Other Current Debt	187 000	332 000	200 000	259 000
Total Current Debt	460 000	1 646 000	497 000	1 292 000
Total Equity and Debt	2 264 000	2 468 000	1 400 000	2 255 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,21 %	179,32 %	37,27 %	20,73 %
Debt-to-Equity Ratio	2,15	0,87	1,05	1,08
Operating Profit Margin	3,31 %	14,82 %	4,05 %	9,98 %
Current Ratio	2,95	1,36	2,11	1,31
Quick Ratio	6,01	1,39	2,34	1,53
Equity Ratio	0,25	0,18	0,31	0,21
Gross Profit Margin	81,48 %	83,49 %	75,87 %	94,4 %