FØRDE HOTELL AS

0352 OSLO

Finances

Return on Equity

11,45 %

Current Ratio

1,4

Debt-to-Equity Ratio

1,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 115 000	20 967 000	18 179 000	20 745 000
Net Income	1 078 000	−542 000	−1 199 000	−2 395 000
Total Assets	29 162 000	34 740 000	36 018 000	40 738 000
Total Equity	9 416 000	8 338 000	8 880 000	10 079 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 115 000	20 967 000	18 179 000	20 745 000
Expenditure	24 143 000	20 577 000	18 361 000	22 440 000
Operating Profit	1 973 000	390 000	−181 000	−1 694 000
Financial Income	2 000	1 000	6 000	3 000
Financial Costs	897 000	932 000	1 024 000	1 110 000
Financial Balance	−895 000	−931 000	−1 018 000	−1 107 000
Earnings Before Tax	1 078 000	−542 000	−1 199 000	−2 802 000
Tax	0	0	0	−407 000
Net Income	1 078 000	−542 000	−1 199 000	−2 395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 113 000	27 742 000	31 071 000	34 858 000
Total Current Assets	5 049 000	6 998 000	4 948 000	5 881 000
Total Assets	29 162 000	34 740 000	36 018 000	40 738 000
Total Retained Equity	−6 244 000	−7 322 000	−6 780 000	−5 581 000
Total Equity	9 416 000	8 338 000	8 880 000	10 079 000
Total Long-Term Debt	16 134 000	17 616 000	19 098 000	20 202 000
Total Current Debt	3 613 000	8 786 000	8 041 000	10 458 000
Total Equity and Debt	29 162 000	34 740 000	36 018 000	40 738 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 678 000	20 508 000	17 468 000	20 720 000
Other Income	438 000	459 000	711 000	25 000
Revenue	26 115 000	20 967 000	18 179 000	20 745 000
Cost of Goods Sold	2 929 000	2 548 000	2 193 000	3 262 000
Salary Costs	10 409 000	8 284 000	7 437 000	9 759 000
Depreciation	3 730 000	3 813 000	3 805 000	3 763 000
Impairment	0	0	0	25 000
Expenditure	24 143 000	20 577 000	18 361 000	22 440 000
Operating Profit	1 973 000	390 000	−181 000	−1 694 000
Financial Income	2 000	1 000	6 000	3 000
Financial Costs	897 000	932 000	1 024 000	1 110 000
Financial Balance	−895 000	−931 000	−1 018 000	−1 107 000
Dividends	0	0	0	0
Net Income	1 078 000	−542 000	−1 199 000	−2 395 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	23 172 000	25 238 000	27 348 000	29 359 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	935 000	2 499 000	3 717 000	5 494 000
Total Tangible Assets	24 108 000	27 737 000	31 066 000	34 853 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	24 113 000	27 742 000	31 071 000	34 858 000
Stock	130 000	129 000	141 000	240 000
Total Investments	0	0	0	0
Cash, Bank	3 032 000	5 755 000	4 064 000	3 248 000
Total Current Assets	5 049 000	6 998 000	4 948 000	5 881 000
Total Assets	29 162 000	34 740 000	36 018 000	40 738 000
Total Equity	9 416 000	8 338 000	8 880 000	10 079 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 134 000	17 616 000	19 098 000	20 202 000
Creditors	1 208 000	2 204 000	898 000	1 439 000
Unpaid Taxes	905 000	577 000	606 000	719 000
Dividends	0	0	0	0
Other Current Debt	1 500 000	6 005 000	6 537 000	8 300 000
Total Current Debt	3 613 000	8 786 000	8 041 000	10 458 000
Total Equity and Debt	29 162 000	34 740 000	36 018 000	40 738 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,45 %	−6,5 %	−13,5 %	−23,76 %
Debt-to-Equity Ratio	1,71	2,11	2,15	2
Operating Profit Margin	7,56 %	1,86 %	−1 %	−8,17 %
Current Ratio	1,4	0,8	0,62	0,56
Quick Ratio	1,45	0,81	0,63	0,58
Equity Ratio	0,32	0,24	0,25	0,25
Gross Profit Margin	88,78 %	87,85 %	87,94 %	84,28 %