QUALITY HOTEL PANORAMA AS

7075 TILLER

Finances

Share Ownership

Return on Equity

771,89 %

Current Ratio

0,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 199 000	42 666 000	35 499 000	32 302 000
Net Income	4 284 000	3 329 000	3 522 000	992 000
Total Assets	15 514 000	17 105 000	18 353 000	21 649 000
Total Equity	555 000	1 185 000	1 851 000	2 302 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 199 000	42 666 000	35 499 000	32 302 000
Expenditure	41 536 000	38 076 000	30 605 000	30 564 000
Operating Profit	5 662 000	4 590 000	4 894 000	1 737 000
Financial Income	25 000	0	1 000	5 000
Financial Costs	155 000	228 000	339 000	411 000
Financial Balance	−130 000	−228 000	−338 000	−406 000
Earnings Before Tax	5 532 000	4 362 000	4 555 000	1 331 000
Tax	1 248 000	1 034 000	1 033 000	339 000
Net Income	4 284 000	3 329 000	3 522 000	992 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 382 000	12 883 000	15 487 000	18 299 000
Total Current Assets	5 132 000	4 222 000	2 866 000	3 350 000
Total Assets	15 514 000	17 105 000	18 353 000	21 649 000
Total Retained Equity	−1 345 000	−715 000	−49 000	402 000
Total Equity	555 000	1 185 000	1 851 000	2 302 000
Total Long-Term Debt	0	0	0	53 000
Total Current Debt	14 960 000	15 920 000	16 502 000	19 294 000
Total Equity and Debt	15 514 000	17 105 000	18 353 000	21 649 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	47 199 000	42 666 000	35 499 000	32 302 000
Revenue	47 199 000	42 666 000	35 499 000	32 302 000
Cost of Goods Sold	4 051 000	3 296 000	2 742 000	2 681 000
Salary Costs	14 837 000	14 844 000	11 272 000	12 136 000
Depreciation	2 812 000	2 864 000	2 897 000	1 493 000
Impairment	0	0	0	0
Expenditure	41 536 000	38 076 000	30 605 000	30 564 000
Operating Profit	5 662 000	4 590 000	4 894 000	1 737 000
Financial Income	25 000	0	1 000	5 000
Financial Costs	155 000	228 000	339 000	411 000
Financial Balance	−130 000	−228 000	−338 000	−406 000
Dividends	0	0	0	0
Net Income	4 284 000	3 329 000	3 522 000	992 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	266 000	128 000	35 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 071 000	12 710 000	15 407 000	18 254 000
Total Tangible Assets	10 071 000	12 710 000	15 407 000	18 254 000
Total Fiancial Fixed Assets	45 000	45 000	45 000	45 000
Total Fixed Assets	10 382 000	12 883 000	15 487 000	18 299 000
Stock	150 000	348 000	166 000	336 000
Total Investments	0	0	0	0
Cash, Bank	208 000	2 000	2 000	2 000
Total Current Assets	5 132 000	4 222 000	2 866 000	3 350 000
Total Assets	15 514 000	17 105 000	18 353 000	21 649 000
Total Equity	555 000	1 185 000	1 851 000	2 302 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	53 000
Creditors	1 580 000	2 971 000	633 000	1 012 000
Unpaid Taxes	1 111 000	1 430 000	848 000	1 124 000
Dividends	0	0	0	0
Other Current Debt	12 269 000	11 520 000	15 020 000	17 157 000
Total Current Debt	14 960 000	15 920 000	16 502 000	19 294 000
Total Equity and Debt	15 514 000	17 105 000	18 353 000	21 649 000

Financial indicators	2022	2021	2020	2019
Return on Equity	771,89 %	280,93 %	190,28 %	43,09 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	12 %	10,76 %	13,79 %	5,38 %
Current Ratio	0,34	0,27	0,17	0,17
Quick Ratio	0,35	0,27	0,18	0,18
Equity Ratio	0,04	0,07	0,1	0,11
Gross Profit Margin	91,42 %	92,27 %	92,28 %	91,7 %