QUALITY HOTEL RESIDENCE AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

−21,44 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 202 000	35 642 000	19 130 000	38 418 000
Net Income	−1 156 000	−639 000	−4 510 000	−1 551 000
Total Assets	17 420 000	12 966 000	23 199 000	15 637 000
Total Equity	5 392 000	5 706 000	6 158 000	1 349 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 202 000	35 642 000	19 130 000	38 418 000
Expenditure	50 586 000	35 506 000	24 285 000	40 021 000
Operating Profit	−1 384 000	137 000	−5 156 000	−1 603 000
Financial Income	47 000	2 000	1 000	27 000
Financial Costs	136 000	950 000	613 000	383 000
Financial Balance	−89 000	−948 000	−612 000	−356 000
Earnings Before Tax	−1 473 000	−812 000	−5 768 000	−1 959 000
Tax	−317 000	−172 000	−1 258 000	−407 000
Net Income	−1 156 000	−639 000	−4 510 000	−1 551 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 144 000	4 746 000	6 535 000	8 503 000
Total Current Assets	14 276 000	8 220 000	16 664 000	7 134 000
Total Assets	17 420 000	12 966 000	23 199 000	15 637 000
Total Retained Equity	−13 373 000	−12 217 000	−11 577 000	−7 067 000
Total Equity	5 392 000	5 706 000	6 158 000	1 349 000
Total Long-Term Debt	0	0	45 000	150 000
Total Current Debt	12 028 000	7 260 000	16 996 000	14 138 000
Total Equity and Debt	17 420 000	12 966 000	23 199 000	15 637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	49 202 000	35 642 000	19 130 000	38 418 000
Revenue	49 202 000	35 642 000	19 130 000	38 418 000
Cost of Goods Sold	5 202 000	2 883 000	1 682 000	5 047 000
Salary Costs	17 027 000	12 597 000	6 967 000	14 185 000
Depreciation	1 722 000	1 965 000	2 016 000	2 023 000
Impairment	0	0	0	0
Expenditure	50 586 000	35 506 000	24 285 000	40 021 000
Operating Profit	−1 384 000	137 000	−5 156 000	−1 603 000
Financial Income	47 000	2 000	1 000	27 000
Financial Costs	136 000	950 000	613 000	383 000
Financial Balance	−89 000	−948 000	−612 000	−356 000
Dividends	0	0	0	0
Net Income	−1 156 000	−639 000	−4 510 000	−1 551 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	154 000	74 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 990 000	4 672 000	6 535 000	8 503 000
Total Tangible Assets	2 990 000	4 672 000	6 535 000	8 503 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 144 000	4 746 000	6 535 000	8 503 000
Stock	534 000	458 000	291 000	350 000
Total Investments	0	0	0	0
Cash, Bank	4 310 000	1 802 000	1 776 000	1 778 000
Total Current Assets	14 276 000	8 220 000	16 664 000	7 134 000
Total Assets	17 420 000	12 966 000	23 199 000	15 637 000
Total Equity	5 392 000	5 706 000	6 158 000	1 349 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	45 000	150 000
Creditors	2 745 000	1 870 000	1 453 000	3 706 000
Unpaid Taxes	1 356 000	1 239 000	598 000	1 107 000
Dividends	0	0	0	0
Other Current Debt	7 927 000	4 151 000	14 946 000	9 325 000
Total Current Debt	12 028 000	7 260 000	16 996 000	14 138 000
Total Equity and Debt	17 420 000	12 966 000	23 199 000	15 637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,44 %	−11,2 %	−73,24 %	−114,97 %
Debt-to-Equity Ratio	0	0	0,01	0,11
Operating Profit Margin	−2,81 %	0,38 %	−26,95 %	−4,17 %
Current Ratio	1,19	1,13	0,98	0,5
Quick Ratio	1,24	1,21	1	0,52
Equity Ratio	0,31	0,44	0,27	0,09
Gross Profit Margin	89,43 %	91,91 %	91,21 %	86,86 %