STAVANGER TURISTFORENING

4005 STAVANGER

Finances

Return on Equity

−10,76 %

Current Ratio

3,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 464 000	79 721 000	68 223 000	76 128 000
Net Income	−6 779 000	−3 001 000	864 000	59 132 000
Total Assets	80 853 000	90 417 000	89 354 000	87 173 000
Total Equity	63 015 000	69 793 000	72 794 000	71 930 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 464 000	79 721 000	68 223 000	76 128 000
Expenditure	84 928 000	75 577 000	61 969 000	71 833 000
Operating Profit	−4 464 000	4 143 000	6 254 000	4 294 000
Financial Income	857 000	503 000	254 000	61 000
Financial Costs	380 000	269 000	215 000	1 440 000
Financial Balance	477 000	234 000	39 000	−1 379 000
Earnings Before Tax	−3 987 000	4 377 000	6 294 000	2 915 000
Tax	0	0	0	0
Net Income	−6 779 000	−3 001 000	864 000	59 132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 382 000	26 757 000	28 582 000	31 906 000
Total Current Assets	57 471 000	63 660 000	60 773 000	55 267 000
Total Assets	80 853 000	90 417 000	89 354 000	87 173 000
Total Retained Equity	0	0	0	0
Total Equity	63 015 000	69 793 000	72 794 000	71 930 000
Total Long-Term Debt	200 000	200 000	200 000	200 000
Total Current Debt	17 638 000	20 424 000	16 361 000	15 043 000
Total Equity and Debt	80 853 000	90 417 000	89 354 000	87 173 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	80 464 000	79 721 000	68 223 000	76 128 000
Other Income	0	0	0	0
Revenue	80 464 000	79 721 000	68 223 000	76 128 000
Cost of Goods Sold	18 502 000	16 617 000	14 945 000	17 097 000
Salary Costs	39 122 000	34 981 000	30 280 000	34 260 000
Depreciation	1 804 000	1 791 000	1 753 000	2 308 000
Impairment	0	0	0	0
Expenditure	84 928 000	75 577 000	61 969 000	71 833 000
Operating Profit	−4 464 000	4 143 000	6 254 000	4 294 000
Financial Income	857 000	503 000	254 000	61 000
Financial Costs	380 000	269 000	215 000	1 440 000
Financial Balance	477 000	234 000	39 000	−1 379 000
Dividends	0	0	0	0
Net Income	−6 779 000	−3 001 000	864 000	59 132 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	18 603 000	20 407 000	20 660 000	22 413 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 603 000	20 407 000	20 660 000	22 413 000
Total Fiancial Fixed Assets	4 779 000	6 350 000	7 922 000	9 493 000
Total Fixed Assets	23 382 000	26 757 000	28 582 000	31 906 000
Stock	1 597 000	2 211 000	2 783 000	3 127 000
Total Investments	34 629 000	33 788 000	0	0
Cash, Bank	13 309 000	19 628 000	53 442 000	46 287 000
Total Current Assets	57 471 000	63 660 000	60 773 000	55 267 000
Total Assets	80 853 000	90 417 000	89 354 000	87 173 000
Total Equity	63 015 000	69 793 000	72 794 000	71 930 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	200 000	200 000	200 000	200 000
Creditors	3 800 000	5 444 000	3 854 000	3 673 000
Unpaid Taxes	1 973 000	1 982 000	1 727 000	1 681 000
Dividends	0	0	0	0
Other Current Debt	9 047 000	10 459 000	8 401 000	7 513 000
Total Current Debt	17 638 000	20 424 000	16 361 000	15 043 000
Total Equity and Debt	80 853 000	90 417 000	89 354 000	87 173 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,76 %	−4,3 %	1,19 %	82,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,55 %	5,2 %	9,17 %	5,64 %
Current Ratio	3,26	3,12	3,71	3,67
Quick Ratio	3,58	3,5	4,48	4,64
Equity Ratio	0,78	0,77	0,81	0,83
Gross Profit Margin	77,01 %	79,16 %	78,09 %	77,54 %