HOTEL CO 51 NORWAY AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

−559,99 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	47 274 000	14 501 000	1 103 000
Net Income	−10 959 000	−8 235 000	−4 200 000
Total Assets	7 696 000	28 175 000	3 279 000
Total Equity	1 957 000	7 917 000	−4 170 000

Income (NOK)	2022	2021	2020
Revenue	47 274 000	14 501 000	1 103 000
Expenditure	58 148 000	22 644 000	5 284 000
Operating Profit	−10 874 000	−8 142 000	−4 181 000
Financial Income	17 000	9 000	4 000
Financial Costs	102 000	102 000	23 000
Financial Balance	−85 000	−93 000	−19 000
Earnings Before Tax	−10 959 000	−8 235 000	−4 200 000
Tax	0	0	0
Net Income	−10 959 000	−8 235 000	−4 200 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	90 000	12 000	18 000
Total Current Assets	7 606 000	28 163 000	3 261 000
Total Assets	7 696 000	28 175 000	3 279 000
Total Retained Equity	−23 395 000	−12 435 000	−4 200 000
Total Equity	1 957 000	7 917 000	−4 170 000
Total Long-Term Debt	0	0	0
Total Current Debt	5 738 000	20 258 000	7 449 000
Total Equity and Debt	7 696 000	28 175 000	3 279 000

Cash flow (NOK)	2022	2021	2020
Sales Income	47 173 000	14 499 000	1 094 000
Other Income	100 000	2 000	10 000
Revenue	47 274 000	14 501 000	1 103 000
Cost of Goods Sold	4 252 000	1 466 000	0
Salary Costs	10 384 000	3 768 000	832 000
Depreciation	13 000	6 000	3 000
Impairment	0	0	0
Expenditure	58 148 000	22 644 000	5 284 000
Operating Profit	−10 874 000	−8 142 000	−4 181 000
Financial Income	17 000	9 000	4 000
Financial Costs	102 000	102 000	23 000
Financial Balance	−85 000	−93 000	−19 000
Dividends	0	0	0
Net Income	−10 959 000	−8 235 000	−4 200 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	90 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	12 000	18 000
Total Tangible Assets	90 000	12 000	18 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	90 000	12 000	18 000
Stock	255 000	207 000	0
Total Investments	0	0	0
Cash, Bank	2 835 000	21 381 000	2 024 000
Total Current Assets	7 606 000	28 163 000	3 261 000
Total Assets	7 696 000	28 175 000	3 279 000
Total Equity	1 957 000	7 917 000	−4 170 000
Short-Term Group Debt	373 000	15 296 000	5 515 000
Total Long-Term Debt	0	0	0
Creditors	2 523 000	4 016 000	1 440 000
Unpaid Taxes	624 000	457 000	78 000
Dividends	0	0	0
Other Current Debt	2 218 000	488 000	416 000
Total Current Debt	5 738 000	20 258 000	7 449 000
Total Equity and Debt	7 696 000	28 175 000	3 279 000

Financial indicators	2022	2021	2020
Return on Equity	−559,99 %	−104,02 %	100,72 %
Debt-to-Equity Ratio	0	0	−0
Operating Profit Margin	−23 %	−56,15 %	−379,06 %
Current Ratio	1,33	1,39	0,44
Quick Ratio	1,39	1,4	0,44
Equity Ratio	0,25	0,28	−1,27
Gross Profit Margin	91,01 %	89,89 %	100 %