VESTNES FJORDHOTELL AS

6390 VESTNES

Finances

Share Ownership

Return on Equity

11,27 %

Current Ratio

2,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 991 000	13 725 000	10 332 000	17 390 000
Net Income	545 000	1 477 000	582 000	2 119 000
Total Assets	7 136 000	6 853 000	6 142 000	7 290 000
Total Equity	4 835 000	4 290 000	3 813 000	4 231 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 991 000	13 725 000	10 332 000	17 390 000
Expenditure	14 307 000	11 837 000	9 593 000	14 698 000
Operating Profit	683 000	1 889 000	739 000	2 692 000
Financial Income	21 000	10 000	12 000	26 000
Financial Costs	3 000	1 000	3 000	1 000
Financial Balance	18 000	9 000	9 000	25 000
Earnings Before Tax	701 000	1 897 000	748 000	2 717 000
Tax	156 000	420 000	165 000	598 000
Net Income	545 000	1 477 000	582 000	2 119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 396 000	2 642 000	2 767 000	3 050 000
Total Current Assets	5 740 000	4 211 000	3 375 000	4 240 000
Total Assets	7 136 000	6 853 000	6 142 000	7 290 000
Total Retained Equity	4 735 000	4 190 000	3 713 000	4 131 000
Total Equity	4 835 000	4 290 000	3 813 000	4 231 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 301 000	2 563 000	2 329 000	3 059 000
Total Equity and Debt	7 136 000	6 853 000	6 142 000	7 290 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 576 000	13 725 000	9 765 000	17 390 000
Other Income	415 000	0	567 000	0
Revenue	14 991 000	13 725 000	10 332 000	17 390 000
Cost of Goods Sold	1 854 000	1 463 000	1 186 000	2 196 000
Salary Costs	5 576 000	4 194 000	3 479 000	5 242 000
Depreciation	361 000	333 000	330 000	301 000
Impairment	0	0	0	0
Expenditure	14 307 000	11 837 000	9 593 000	14 698 000
Operating Profit	683 000	1 889 000	739 000	2 692 000
Financial Income	21 000	10 000	12 000	26 000
Financial Costs	3 000	1 000	3 000	1 000
Financial Balance	18 000	9 000	9 000	25 000
Dividends	0	1 000 000	1 000 000	1 000 000
Net Income	545 000	1 477 000	582 000	2 119 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	154 000	145 000	143 000
Real Eastate	0	1 162 000	1 162 000	1 162 000
Machinery and Plant Facilities	45 000	77 000	0	0
Fixtures	1 078 000	1 185 000	1 396 000	1 681 000
Total Tangible Assets	1 124 000	2 424 000	2 558 000	2 843 000
Total Fiancial Fixed Assets	215 000	65 000	65 000	65 000
Total Fixed Assets	1 396 000	2 642 000	2 767 000	3 050 000
Stock	111 000	89 000	56 000	107 000
Total Investments	0	0	0	0
Cash, Bank	3 114 000	3 620 000	2 567 000	3 664 000
Total Current Assets	5 740 000	4 211 000	3 375 000	4 240 000
Total Assets	7 136 000	6 853 000	6 142 000	7 290 000
Total Equity	4 835 000	4 290 000	3 813 000	4 231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	708 000	409 000	521 000	437 000
Unpaid Taxes	502 000	277 000	241 000	427 000
Dividends	0	1 000 000	1 000 000	1 000 000
Other Current Debt	1 030 000	448 000	399 000	610 000
Total Current Debt	2 301 000	2 563 000	2 329 000	3 059 000
Total Equity and Debt	7 136 000	6 853 000	6 142 000	7 290 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,27 %	34,43 %	15,26 %	50,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,56 %	13,76 %	7,15 %	15,48 %
Current Ratio	2,49	1,64	1,45	1,39
Quick Ratio	2,62	1,7	1,48	1,44
Equity Ratio	0,68	0,63	0,62	0,58
Gross Profit Margin	87,63 %	89,34 %	88,52 %	87,37 %