FLORØ HOTELL BYGG AS

6800 FØRDE

Finances

Return on Equity

4,76 %

Current Ratio

1,07

Debt-to-Equity Ratio

3,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 774 000	7 766 000	8 334 000	5 971 000
Net Income	470 000	1 428 000	1 728 000	910 000
Total Assets	48 555 000	52 035 000	51 139 000	49 213 000
Total Equity	9 878 000	9 408 000	7 980 000	1 932 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 774 000	7 766 000	8 334 000	5 971 000
Expenditure	7 580 000	4 420 000	4 362 000	3 196 000
Operating Profit	2 194 000	3 347 000	3 971 000	2 775 000
Financial Income	0	0	1 000	85 000
Financial Costs	1 592 000	1 515 000	1 757 000	1 691 000
Financial Balance	−1 592 000	−1 515 000	−1 756 000	−1 606 000
Earnings Before Tax	603 000	1 832 000	2 215 000	1 169 000
Tax	133 000	404 000	487 000	258 000
Net Income	470 000	1 428 000	1 728 000	910 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 020 000	49 449 000	44 760 000	48 332 000
Total Current Assets	1 535 000	2 586 000	6 379 000	881 000
Total Assets	48 555 000	52 035 000	51 139 000	49 213 000
Total Retained Equity	3 800 000	3 329 000	1 901 000	174 000
Total Equity	9 878 000	9 408 000	7 980 000	1 932 000
Total Long-Term Debt	37 238 000	39 806 000	41 792 000	41 067 000
Total Current Debt	1 439 000	2 821 000	1 367 000	6 214 000
Total Equity and Debt	48 555 000	52 035 000	51 139 000	49 213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 527 000	7 716 000	8 277 000	4 881 000
Other Income	247 000	50 000	57 000	1 090 000
Revenue	9 774 000	7 766 000	8 334 000	5 971 000
Cost of Goods Sold	0	0	0	0
Salary Costs	315 000	0	4 000	4 000
Depreciation	2 093 000	1 861 000	1 596 000	1 307 000
Impairment	3 015 000	0	0	0
Expenditure	7 580 000	4 420 000	4 362 000	3 196 000
Operating Profit	2 194 000	3 347 000	3 971 000	2 775 000
Financial Income	0	0	1 000	85 000
Financial Costs	1 592 000	1 515 000	1 757 000	1 691 000
Financial Balance	−1 592 000	−1 515 000	−1 756 000	−1 606 000
Dividends	0	0	0	0
Net Income	470 000	1 428 000	1 728 000	910 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	45 311 000	47 722 000	42 668 000	43 480 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 709 000	1 727 000	1 959 000	2 009 000
Total Tangible Assets	47 020 000	49 449 000	44 627 000	45 489 000
Total Fiancial Fixed Assets	0	0	133 000	2 843 000
Total Fixed Assets	47 020 000	49 449 000	44 760 000	48 332 000
Stock	0	0	0	0
Total Investments	30 000	30 000	30 000	30 000
Cash, Bank	483 000	475 000	389 000	191 000
Total Current Assets	1 535 000	2 586 000	6 379 000	881 000
Total Assets	48 555 000	52 035 000	51 139 000	49 213 000
Total Equity	9 878 000	9 408 000	7 980 000	1 932 000
Short-Term Group Debt	0	25 000	900 000	4 249 000
Total Long-Term Debt	37 238 000	39 806 000	41 792 000	41 067 000
Creditors	489 000	2 582 000	273 000	1 631 000
Unpaid Taxes	115 000	0	171 000	0
Dividends	0	0	0	0
Other Current Debt	120 000	207 000	24 000	333 000
Total Current Debt	1 439 000	2 821 000	1 367 000	6 214 000
Total Equity and Debt	48 555 000	52 035 000	51 139 000	49 213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,76 %	15,18 %	21,65 %	47,1 %
Debt-to-Equity Ratio	3,77	4,23	5,24	21,26
Operating Profit Margin	22,45 %	43,1 %	47,65 %	46,47 %
Current Ratio	1,07	0,92	4,67	0,14
Quick Ratio	1,07	0,92	4,67	0,14
Equity Ratio	0,2	0,18	0,16	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %