NORSK HOTELL & RESTAURANTUTVIKLING AS

4621 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−46,92 %

Current Ratio

3,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 847 000	5 127 000	3 800 000	178 000
Net Income	−595 000	1 099 000	838 000	−897 000
Total Assets	1 708 000	2 433 000	2 542 000	1 401 000
Total Equity	1 268 000	1 862 000	763 000	−75 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 847 000	5 127 000	3 800 000	178 000
Expenditure	3 608 000	3 694 000	2 675 000	1 037 000
Operating Profit	−761 000	1 432 000	1 126 000	−859 000
Financial Income	0	0	0	0
Financial Costs	1 000	11 000	52 000	235 000
Financial Balance	−1 000	−11 000	−52 000	−235 000
Earnings Before Tax	−762 000	1 421 000	1 074 000	−1 094 000
Tax	−168 000	321 000	236 000	−197 000
Net Income	−595 000	1 099 000	838 000	−897 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	141 000	1 000	1 079 000	1 322 000
Total Current Assets	1 567 000	2 432 000	1 464 000	79 000
Total Assets	1 708 000	2 433 000	2 542 000	1 401 000
Total Retained Equity	1 068 000	1 662 000	563 000	−275 000
Total Equity	1 268 000	1 862 000	763 000	−75 000
Total Long-Term Debt	0	28 000	876 000	725 000
Total Current Debt	441 000	543 000	903 000	751 000
Total Equity and Debt	1 708 000	2 433 000	2 542 000	1 401 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 846 000	3 593 000	3 676 000	178 000
Other Income	0	1 534 000	124 000	0
Revenue	2 847 000	5 127 000	3 800 000	178 000
Cost of Goods Sold	853 000	1 085 000	971 000	0
Salary Costs	2 151 000	1 949 000	1 092 000	570 000
Depreciation	0	7 000	7 000	16 000
Impairment	0	0	0	0
Expenditure	3 608 000	3 694 000	2 675 000	1 037 000
Operating Profit	−761 000	1 432 000	1 126 000	−859 000
Financial Income	0	0	0	0
Financial Costs	1 000	11 000	52 000	235 000
Financial Balance	−1 000	−11 000	−52 000	−235 000
Dividends	0	0	0	0
Net Income	−595 000	1 099 000	838 000	−897 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	140 000	0	294 000	530 000
Real Eastate	0	0	777 000	777 000
Machinery and Plant Facilities	0	0	7 000	14 000
Fixtures	0	0	0	0
Total Tangible Assets	1 000	1 000	785 000	792 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	141 000	1 000	1 079 000	1 322 000
Stock	0	0	223 000	0
Total Investments	0	0	0	0
Cash, Bank	1 499 000	2 256 000	1 064 000	17 000
Total Current Assets	1 567 000	2 432 000	1 464 000	79 000
Total Assets	1 708 000	2 433 000	2 542 000	1 401 000
Total Equity	1 268 000	1 862 000	763 000	−75 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	28 000	876 000	725 000
Creditors	6 000	9 000	28 000	5 000
Unpaid Taxes	104 000	89 000	26 000	54 000
Dividends	0	0	0	0
Other Current Debt	331 000	445 000	850 000	691 000
Total Current Debt	441 000	543 000	903 000	751 000
Total Equity and Debt	1 708 000	2 433 000	2 542 000	1 401 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−46,92 %	59,02 %	109,83 %	1 196 %
Debt-to-Equity Ratio	0	0,02	1,15	−9,67
Operating Profit Margin	−26,73 %	27,93 %	29,63 %	−482,58 %
Current Ratio	3,55	4,48	1,62	0,11
Quick Ratio	3,55	4,48	2,15	0,11
Equity Ratio	0,74	0,77	0,3	−0,05
Gross Profit Margin	70,04 %	78,84 %	74,45 %	100 %