QUALITY AIRPORT HOTEL STAVANGER AS

4055 SOLA

Finances

Return on Equity

307,3 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	93 709 000	104 368 000	77 648 000	73 300 000
Net Income	10 728 000	18 116 000	12 778 000	404 000
Total Assets	41 199 000	43 421 000	25 391 000	14 658 000
Total Equity	3 491 000	3 160 000	1 885 000	1 818 000

Income (NOK)	2022	2021	2020	2019
Revenue	93 709 000	104 368 000	77 648 000	73 300 000
Expenditure	80 023 000	80 930 000	61 034 000	72 309 000
Operating Profit	13 685 000	23 439 000	16 615 000	991 000
Financial Income	374 000	42 000	9 000	2 000
Financial Costs	271 000	235 000	224 000	429 000
Financial Balance	103 000	−193 000	−215 000	−427 000
Earnings Before Tax	13 789 000	23 246 000	16 400 000	565 000
Tax	3 062 000	5 130 000	3 623 000	161 000
Net Income	10 728 000	18 116 000	12 778 000	404 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 703 000	2 055 000	2 864 000	3 882 000
Total Current Assets	39 496 000	41 366 000	22 527 000	10 777 000
Total Assets	41 199 000	43 421 000	25 391 000	14 658 000
Total Retained Equity	−14 958 000	−15 289 000	−16 524 000	−16 591 000
Total Equity	3 491 000	3 160 000	1 885 000	1 818 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	37 709 000	40 261 000	23 506 000	12 840 000
Total Equity and Debt	41 199 000	43 421 000	25 391 000	14 658 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	93 709 000	104 368 000	77 648 000	73 300 000
Revenue	93 709 000	104 368 000	77 648 000	73 300 000
Cost of Goods Sold	10 131 000	9 687 000	6 605 000	9 638 000
Salary Costs	29 327 000	27 242 000	19 456 000	24 477 000
Depreciation	542 000	675 000	980 000	4 261 000
Impairment	0	0	0	0
Expenditure	80 023 000	80 930 000	61 034 000	72 309 000
Operating Profit	13 685 000	23 439 000	16 615 000	991 000
Financial Income	374 000	42 000	9 000	2 000
Financial Costs	271 000	235 000	224 000	429 000
Financial Balance	103 000	−193 000	−215 000	−427 000
Dividends	0	0	0	0
Net Income	10 728 000	18 116 000	12 778 000	404 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	708 000	837 000	1 206 000	1 243 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	986 000	1 208 000	1 649 000	2 629 000
Total Tangible Assets	986 000	1 208 000	1 649 000	2 629 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	1 703 000	2 055 000	2 864 000	3 882 000
Stock	1 556 000	1 586 000	934 000	1 376 000
Total Investments	0	0	0	0
Cash, Bank	3 000	19 000	15 000	16 000
Total Current Assets	39 496 000	41 366 000	22 527 000	10 777 000
Total Assets	41 199 000	43 421 000	25 391 000	14 658 000
Total Equity	3 491 000	3 160 000	1 885 000	1 818 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 300 000	3 681 000	2 571 000	3 964 000
Unpaid Taxes	3 025 000	2 535 000	1 807 000	2 422 000
Dividends	0	0	0	0
Other Current Debt	30 383 000	34 045 000	19 128 000	6 455 000
Total Current Debt	37 709 000	40 261 000	23 506 000	12 840 000
Total Equity and Debt	41 199 000	43 421 000	25 391 000	14 658 000

Financial indicators	2022	2021	2020	2019
Return on Equity	307,3 %	573,29 %	677,88 %	22,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,6 %	22,46 %	21,4 %	1,35 %
Current Ratio	1,05	1,03	0,96	0,84
Quick Ratio	1,09	1,07	1	0,94
Equity Ratio	0,08	0,07	0,07	0,12
Gross Profit Margin	89,19 %	90,72 %	91,49 %	86,85 %