KVIKNE'S HOTEL AS

6899 BALESTRAND

Finances

Return on Equity

−13,61 %

Current Ratio

0,91

Debt-to-Equity Ratio

4,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 056 000	31 184 000	24 533 000	49 389 000
Net Income	−1 797 000	−134 000	−1 008 000	337 000
Total Assets	73 999 000	79 239 000	79 784 000	81 360 000
Total Equity	13 207 000	15 004 000	15 137 000	11 145 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 056 000	31 184 000	24 533 000	49 389 000
Expenditure	47 266 000	29 889 000	24 293 000	47 049 000
Operating Profit	−210 000	1 295 000	240 000	2 340 000
Financial Income	14 000	6 000	5 000	1 000
Financial Costs	2 088 000	1 453 000	1 522 000	1 884 000
Financial Balance	−2 074 000	−1 447 000	−1 517 000	−1 883 000
Earnings Before Tax	−2 284 000	−153 000	−1 277 000	456 000
Tax	−487 000	−19 000	−269 000	119 000
Net Income	−1 797 000	−134 000	−1 008 000	337 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	70 106 000	72 705 000	75 820 000	77 385 000
Total Current Assets	3 893 000	6 534 000	3 964 000	3 975 000
Total Assets	73 999 000	79 239 000	79 784 000	81 360 000
Total Retained Equity	12 861 000	14 657 000	14 791 000	10 799 000
Total Equity	13 207 000	15 004 000	15 137 000	11 145 000
Total Long-Term Debt	56 496 000	56 506 000	58 643 000	65 119 000
Total Current Debt	4 296 000	7 729 000	6 004 000	5 096 000
Total Equity and Debt	73 999 000	79 239 000	79 784 000	81 360 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 640 000	24 977 000	22 208 000	48 542 000
Other Income	1 416 000	6 207 000	2 325 000	847 000
Revenue	47 056 000	31 184 000	24 533 000	49 389 000
Cost of Goods Sold	8 083 000	4 384 000	4 116 000	8 580 000
Salary Costs	23 506 000	14 540 000	12 483 000	23 248 000
Depreciation	3 373 000	3 349 000	1 677 000	3 282 000
Impairment	0	0	0	0
Expenditure	47 266 000	29 889 000	24 293 000	47 049 000
Operating Profit	−210 000	1 295 000	240 000	2 340 000
Financial Income	14 000	6 000	5 000	1 000
Financial Costs	2 088 000	1 453 000	1 522 000	1 884 000
Financial Balance	−2 074 000	−1 447 000	−1 517 000	−1 883 000
Dividends	0	0	0	0
Net Income	−1 797 000	−134 000	−1 008 000	337 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	60 278 000	61 794 000	63 607 000	64 546 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 715 000	10 798 000	12 153 000	12 779 000
Total Tangible Assets	69 993 000	72 592 000	75 760 000	77 325 000
Total Fiancial Fixed Assets	113 000	113 000	60 000	60 000
Total Fixed Assets	70 106 000	72 705 000	75 820 000	77 385 000
Stock	1 617 000	1 433 000	1 302 000	1 569 000
Total Investments	0	0	0	0
Cash, Bank	722 000	899 000	839 000	1 112 000
Total Current Assets	3 893 000	6 534 000	3 964 000	3 975 000
Total Assets	73 999 000	79 239 000	79 784 000	81 360 000
Total Equity	13 207 000	15 004 000	15 137 000	11 145 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	56 496 000	56 506 000	58 643 000	65 119 000
Creditors	1 898 000	1 165 000	1 080 000	1 363 000
Unpaid Taxes	538 000	847 000	783 000	1 442 000
Dividends	0	0	0	0
Other Current Debt	1 856 000	2 185 000	1 976 000	1 268 000
Total Current Debt	4 296 000	7 729 000	6 004 000	5 096 000
Total Equity and Debt	73 999 000	79 239 000	79 784 000	81 360 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,61 %	−0,89 %	−6,66 %	3,02 %
Debt-to-Equity Ratio	4,28	3,77	3,87	5,84
Operating Profit Margin	−0,45 %	4,15 %	0,98 %	4,74 %
Current Ratio	0,91	0,85	0,66	0,78
Quick Ratio	1,45	1,04	0,84	1,13
Equity Ratio	0,18	0,19	0,19	0,14
Gross Profit Margin	82,82 %	85,94 %	83,22 %	82,63 %