HOTEL EXPRESS INTERNATIONAL AS

4611 KRISTIANSAND S

Finances

Return on Equity

−54,01 %

Current Ratio

2,07

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 816 000	4 213 000	2 251 000	15 080 000
Net Income	−1 319 000	−282 000	−1 689 000	4 417 000
Total Assets	5 361 000	5 554 000	4 626 000	8 444 000
Total Equity	2 442 000	3 761 000	4 043 000	5 732 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 816 000	4 213 000	2 251 000	15 080 000
Expenditure	10 316 000	4 514 000	4 316 000	9 537 000
Operating Profit	−1 501 000	−300 000	−2 067 000	5 543 000
Financial Income	430 000	59 000	120 000	59 000
Financial Costs	249 000	40 000	57 000	78 000
Financial Balance	181 000	19 000	63 000	−19 000
Earnings Before Tax	−1 319 000	−282 000	−2 004 000	5 523 000
Tax	0	0	−315 000	1 106 000
Net Income	−1 319 000	−282 000	−1 689 000	4 417 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 418 000	2 694 000	2 853 000	5 703 000
Total Current Assets	2 943 000	2 860 000	1 773 000	2 741 000
Total Assets	5 361 000	5 554 000	4 626 000	8 444 000
Total Retained Equity	1 808 000	3 127 000	3 409 000	5 098 000
Total Equity	2 442 000	3 761 000	4 043 000	5 732 000
Total Long-Term Debt	1 500 000	750 000	0	1 294 000
Total Current Debt	1 420 000	1 043 000	583 000	1 418 000
Total Equity and Debt	5 361 000	5 554 000	4 626 000	8 444 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 816 000	4 213 000	2 251 000	7 080 000
Other Income	0	0	0	8 000 000
Revenue	8 816 000	4 213 000	2 251 000	15 080 000
Cost of Goods Sold	7 513 000	2 085 000	1 530 000	5 734 000
Salary Costs	1 637 000	1 378 000	1 411 000	2 447 000
Depreciation	419 000	416 000	437 000	409 000
Impairment	0	0	0	188 000
Expenditure	10 316 000	4 514 000	4 316 000	9 537 000
Operating Profit	−1 501 000	−300 000	−2 067 000	5 543 000
Financial Income	430 000	59 000	120 000	59 000
Financial Costs	249 000	40 000	57 000	78 000
Financial Balance	181 000	19 000	63 000	−19 000
Dividends	0	0	0	0
Net Income	−1 319 000	−282 000	−1 689 000	4 417 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 050 000	2 469 000	2 628 000	2 779 000
Real Eastate	0	0	0	2 700 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	2 700 000
Total Fiancial Fixed Assets	368 000	225 000	225 000	225 000
Total Fixed Assets	2 418 000	2 694 000	2 853 000	5 703 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 911 000	2 131 000	935 000	2 094 000
Total Current Assets	2 943 000	2 860 000	1 773 000	2 741 000
Total Assets	5 361 000	5 554 000	4 626 000	8 444 000
Total Equity	2 442 000	3 761 000	4 043 000	5 732 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 500 000	750 000	0	1 294 000
Creditors	575 000	473 000	29 000	439 000
Unpaid Taxes	101 000	99 000	98 000	103 000
Dividends	0	0	0	0
Other Current Debt	743 000	471 000	456 000	876 000
Total Current Debt	1 420 000	1 043 000	583 000	1 418 000
Total Equity and Debt	5 361 000	5 554 000	4 626 000	8 444 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−54,01 %	−7,5 %	−41,78 %	77,06 %
Debt-to-Equity Ratio	0,61	0,2	0	0,23
Operating Profit Margin	−17,03 %	−7,12 %	−91,83 %	36,76 %
Current Ratio	2,07	2,74	3,04	1,93
Quick Ratio	2,07	2,74	3,04	1,93
Equity Ratio	0,46	0,68	0,87	0,68
Gross Profit Margin	14,78 %	50,51 %	32,03 %	61,98 %