VALNESFJORD KATTEHOTELL AS

8215 VALNESFJORD

Finances

Share Ownership

Return on Equity

164,5 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	580 000	262 000	206 000	84 000
Net Income	278 000	113 000	100 000	50 000
Total Assets	418 000	218 000	211 000	99 000
Total Equity	169 000	168 000	180 000	80 000

Income (NOK)	2022	2021	2020	2019
Revenue	580 000	262 000	206 000	84 000
Expenditure	225 000	120 000	78 000	18 000
Operating Profit	355 000	142 000	128 000	66 000
Financial Income	2 000	2 000	0	0
Financial Costs	0	0	0	2 000
Financial Balance	2 000	2 000	0	−2 000
Earnings Before Tax	357 000	144 000	128 000	64 000
Tax	79 000	32 000	28 000	14 000
Net Income	278 000	113 000	100 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	49 000	21 000	0
Total Current Assets	374 000	169 000	190 000	99 000
Total Assets	418 000	218 000	211 000	99 000
Total Retained Equity	139 000	138 000	150 000	50 000
Total Equity	169 000	168 000	180 000	80 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	248 000	50 000	31 000	19 000
Total Equity and Debt	418 000	218 000	211 000	99 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	580 000	262 000	206 000	84 000
Other Income	0	0	0	0
Revenue	580 000	262 000	206 000	84 000
Cost of Goods Sold	37 000	29 000	20 000	9 000
Salary Costs	52 000	18 000	2 000	0
Depreciation	5 000	5 000	1 000	0
Impairment	0	0	0	0
Expenditure	225 000	120 000	78 000	18 000
Operating Profit	355 000	142 000	128 000	66 000
Financial Income	2 000	2 000	0	0
Financial Costs	0	0	0	2 000
Financial Balance	2 000	2 000	0	−2 000
Dividends	277 000	125 000	0	0
Net Income	278 000	113 000	100 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	43 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	49 000	21 000	0
Total Tangible Assets	43 000	49 000	21 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	43 000	49 000	21 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	204 000	26 000	33 000	71 000
Total Current Assets	374 000	169 000	190 000	99 000
Total Assets	418 000	218 000	211 000	99 000
Total Equity	169 000	168 000	180 000	80 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	7 000	3 000	0
Unpaid Taxes	17 000	10 000	0	4 000
Dividends	277 000	125 000	0	0
Other Current Debt	5 000	2 000	0	0
Total Current Debt	248 000	50 000	31 000	19 000
Total Equity and Debt	418 000	218 000	211 000	99 000

Financial indicators	2022	2021	2020	2019
Return on Equity	164,5 %	67,26 %	55,56 %	62,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	61,21 %	54,2 %	62,14 %	78,57 %
Current Ratio	1,51	3,38	6,13	5,21
Quick Ratio	1,51	3,38	6,13	5,21
Equity Ratio	0,4	0,77	0,85	0,81
Gross Profit Margin	93,62 %	88,93 %	90,29 %	89,29 %