FINNEGAARDEN HOTELL & RESTAURANTER AS

5003 BERGEN

Finances

Return on Equity

−9,91 %

Current Ratio

2,59

Debt-to-Equity Ratio

38,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 338 000	17 152 000	14 017 000	26 365 000
Net Income	−99 000	−896 000	−3 008 000	−553 000
Total Assets	49 074 000	49 826 000	44 598 000	41 269 000
Total Equity	999 000	1 005 000	−652 000	−872 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 338 000	17 152 000	14 017 000	26 365 000
Expenditure	24 212 000	17 540 000	16 951 000	25 909 000
Operating Profit	1 126 000	−388 000	−2 933 000	456 000
Financial Income	1 000	10 000	0	6 000
Financial Costs	1 275 000	746 000	917 000	1 146 000
Financial Balance	−1 274 000	−736 000	−917 000	−1 140 000
Earnings Before Tax	−148 000	−1 124 000	−3 850 000	−684 000
Tax	−50 000	−228 000	−842 000	−131 000
Net Income	−99 000	−896 000	−3 008 000	−553 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 384 000	25 359 000	27 551 000	29 219 000
Total Current Assets	24 690 000	24 468 000	17 047 000	12 050 000
Total Assets	49 074 000	49 826 000	44 598 000	41 269 000
Total Retained Equity	−3 643 000	−3 544 000	−2 648 000	−2 868 000
Total Equity	999 000	1 005 000	−652 000	−872 000
Total Long-Term Debt	38 551 000	39 521 000	39 817 000	37 821 000
Total Current Debt	9 524 000	9 301 000	5 434 000	4 320 000
Total Equity and Debt	49 074 000	49 826 000	44 598 000	41 269 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 985 000	16 084 000	12 268 000	25 726 000
Other Income	352 000	1 067 000	1 748 000	639 000
Revenue	25 338 000	17 152 000	14 017 000	26 365 000
Cost of Goods Sold	7 782 000	5 258 000	3 078 000	5 508 000
Salary Costs	8 992 000	6 294 000	6 128 000	10 145 000
Depreciation	1 461 000	1 823 000	1 967 000	1 910 000
Impairment	0	0	0	0
Expenditure	24 212 000	17 540 000	16 951 000	25 909 000
Operating Profit	1 126 000	−388 000	−2 933 000	456 000
Financial Income	1 000	10 000	0	6 000
Financial Costs	1 275 000	746 000	917 000	1 146 000
Financial Balance	−1 274 000	−736 000	−917 000	−1 140 000
Dividends	0	0	0	0
Net Income	−99 000	−896 000	−3 008 000	−553 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 199 000	1 175 000	1 667 000	1 735 000
Real Eastate	22 605 000	23 597 000	25 017 000	26 320 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	581 000	586 000	867 000	1 164 000
Total Tangible Assets	23 185 000	24 184 000	25 884 000	27 483 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 384 000	25 359 000	27 551 000	29 219 000
Stock	415 000	420 000	501 000	507 000
Total Investments	0	0	0	0
Cash, Bank	56 000	531 000	336 000	456 000
Total Current Assets	24 690 000	24 468 000	17 047 000	12 050 000
Total Assets	49 074 000	49 826 000	44 598 000	41 269 000
Total Equity	999 000	1 005 000	−652 000	−872 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	38 551 000	39 521 000	39 817 000	37 821 000
Creditors	1 407 000	2 425 000	38 000	1 030 000
Unpaid Taxes	331 000	1 044 000	383 000	1 347 000
Dividends	0	0	0	0
Other Current Debt	7 785 000	5 831 000	3 817 000	1 014 000
Total Current Debt	9 524 000	9 301 000	5 434 000	4 320 000
Total Equity and Debt	49 074 000	49 826 000	44 598 000	41 269 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,91 %	−89,15 %	461,35 %	63,42 %
Debt-to-Equity Ratio	38,59	39,32	−61,07	−43,37
Operating Profit Margin	4,44 %	−2,26 %	−20,92 %	1,73 %
Current Ratio	2,59	2,63	3,14	2,79
Quick Ratio	2,71	2,76	3,46	3,16
Equity Ratio	0,02	0,02	−0,01	−0,02
Gross Profit Margin	69,29 %	69,34 %	78,04 %	79,11 %