KINSARVIK HOTELLDRIFT AS

5782 KINSARVIK

Finances

Share Ownership

Return on Equity

−95,35 %

Current Ratio

0,91

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	28 908 000	6 163 000	4 440 000
Net Income	287 000	168 000	−850 000
Total Assets	9 000 000	681 000	792 000
Total Equity	−301 000	−588 000	−756 000

Income (NOK)	2022	2021	2020
Revenue	28 908 000	6 163 000	4 440 000
Expenditure	28 649 000	5 844 000	4 893 000
Operating Profit	508 000	190 000	−849 000
Financial Income	4 000	4 000	0
Financial Costs	225 000	26 000	1 000
Financial Balance	−221 000	−22 000	−1 000
Earnings Before Tax	287 000	168 000	−850 000
Tax	0	0	0
Net Income	287 000	168 000	−850 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	497 000	68 000	56 000
Total Current Assets	8 503 000	613 000	736 000
Total Assets	9 000 000	681 000	792 000
Total Retained Equity	−395 000	−682 000	−850 000
Total Equity	−301 000	−588 000	−756 000
Total Long-Term Debt	0	740 000	690 000
Total Current Debt	9 300 000	529 000	858 000
Total Equity and Debt	9 000 000	681 000	792 000

Cash flow (NOK)	2022	2021	2020
Sales Income	28 831 000	5 388 000	4 260 000
Other Income	77 000	775 000	180 000
Revenue	28 908 000	6 163 000	4 440 000
Cost of Goods Sold	2 361 000	0	0
Salary Costs	4 811 000	2 501 000	2 512 000
Depreciation	63 000	7 000	3 000
Impairment	0	0	0
Expenditure	28 649 000	5 844 000	4 893 000
Operating Profit	508 000	190 000	−849 000
Financial Income	4 000	4 000	0
Financial Costs	225 000	26 000	1 000
Financial Balance	−221 000	−22 000	−1 000
Dividends	0	0	0
Net Income	287 000	168 000	−850 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	476 000	48 000	22 000
Total Tangible Assets	476 000	48 000	22 000
Total Fiancial Fixed Assets	21 000	20 000	34 000
Total Fixed Assets	497 000	68 000	56 000
Stock	249 000	0	61 000
Total Investments	0	0	0
Cash, Bank	4 545 000	133 000	399 000
Total Current Assets	8 503 000	613 000	736 000
Total Assets	9 000 000	681 000	792 000
Total Equity	−301 000	−588 000	−756 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	740 000	690 000
Creditors	5 907 000	323 000	683 000
Unpaid Taxes	560 000	95 000	66 000
Dividends	0	0	0
Other Current Debt	2 834 000	111 000	109 000
Total Current Debt	9 300 000	529 000	858 000
Total Equity and Debt	9 000 000	681 000	792 000

Financial indicators	2022	2021	2020
Return on Equity	−95,35 %	−28,57 %	112,43 %
Debt-to-Equity Ratio	−0	−1,26	−0,91
Operating Profit Margin	1,76 %	3,08 %	−19,12 %
Current Ratio	0,91	1,16	0,86
Quick Ratio	0,94	1,16	0,92
Equity Ratio	−0,03	−0,86	−0,95
Gross Profit Margin	91,83 %	100 %	100 %