QUALITY AIRPORT HOTEL VÆRNES AS

7500 STJØRDAL

Finances

Share Ownership

Return on Equity

4,6 %

Current Ratio

0,42

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 138 000	35 877 000	27 549 000	41 428 000
Net Income	273 000	−1 801 000	582 000	344 000
Total Assets	17 766 000	20 918 000	14 983 000	19 096 000
Total Equity	5 933 000	6 137 000	5 046 000	5 242 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 138 000	35 877 000	27 549 000	41 428 000
Expenditure	60 034 000	37 926 000	26 687 000	40 867 000
Operating Profit	1 104 000	−2 050 000	862 000	561 000
Financial Income	2 000	17 000	32 000	73 000
Financial Costs	754 000	274 000	142 000	179 000
Financial Balance	−752 000	−257 000	−110 000	−106 000
Earnings Before Tax	352 000	−2 308 000	753 000	455 000
Tax	79 000	−507 000	171 000	111 000
Net Income	273 000	−1 801 000	582 000	344 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 773 000	12 532 000	2 661 000	3 742 000
Total Current Assets	4 993 000	8 386 000	12 322 000	15 354 000
Total Assets	17 766 000	20 918 000	14 983 000	19 096 000
Total Retained Equity	−3 862 000	−3 659 000	−1 858 000	−1 662 000
Total Equity	5 933 000	6 137 000	5 046 000	5 242 000
Total Long-Term Debt	47 000	102 000	0	0
Total Current Debt	11 786 000	14 680 000	9 937 000	13 854 000
Total Equity and Debt	17 766 000	20 918 000	14 983 000	19 096 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	61 138 000	35 877 000	27 549 000	41 428 000
Revenue	61 138 000	35 877 000	27 549 000	41 428 000
Cost of Goods Sold	6 680 000	3 547 000	1 921 000	3 405 000
Salary Costs	22 839 000	14 466 000	9 551 000	17 046 000
Depreciation	2 491 000	952 000	1 388 000	1 507 000
Impairment	0	0	0	0
Expenditure	60 034 000	37 926 000	26 687 000	40 867 000
Operating Profit	1 104 000	−2 050 000	862 000	561 000
Financial Income	2 000	17 000	32 000	73 000
Financial Costs	754 000	274 000	142 000	179 000
Financial Balance	−752 000	−257 000	−110 000	−106 000
Dividends	0	0	0	0
Net Income	273 000	−1 801 000	582 000	344 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	207 000	159 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 773 000	12 532 000	2 453 000	3 583 000
Total Tangible Assets	12 773 000	12 532 000	2 453 000	3 583 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 773 000	12 532 000	2 661 000	3 742 000
Stock	400 000	360 000	271 000	317 000
Total Investments	0	0	0	0
Cash, Bank	165 000	165 000	139 000	106 000
Total Current Assets	4 993 000	8 386 000	12 322 000	15 354 000
Total Assets	17 766 000	20 918 000	14 983 000	19 096 000
Total Equity	5 933 000	6 137 000	5 046 000	5 242 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	47 000	102 000	0	0
Creditors	2 167 000	1 455 000	271 000	3 273 000
Unpaid Taxes	1 885 000	1 655 000	650 000	1 370 000
Dividends	0	0	0	0
Other Current Debt	7 734 000	11 569 000	9 016 000	9 211 000
Total Current Debt	11 786 000	14 680 000	9 937 000	13 854 000
Total Equity and Debt	17 766 000	20 918 000	14 983 000	19 096 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,6 %	−29,35 %	11,53 %	6,56 %
Debt-to-Equity Ratio	0,01	0,02	0	0
Operating Profit Margin	1,81 %	−5,71 %	3,13 %	1,35 %
Current Ratio	0,42	0,57	1,24	1,11
Quick Ratio	0,44	0,59	1,27	1,13
Equity Ratio	0,33	0,29	0,34	0,27
Gross Profit Margin	89,07 %	90,11 %	93,03 %	91,78 %