QUALITY HOTEL EXPO AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

86,59 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	111 613 000	58 797 000	39 817 000	98 653 000
Net Income	6 758 000	8 477 000	−725 000	4 283 000
Total Assets	32 954 000	31 508 000	12 036 000	20 057 000
Total Equity	7 805 000	7 608 000	7 287 000	3 293 000

Income (NOK)	2022	2021	2020	2019
Revenue	111 613 000	58 797 000	39 817 000	98 653 000
Expenditure	102 728 000	47 359 000	40 266 000	92 714 000
Operating Profit	8 885 000	11 439 000	−449 000	5 939 000
Financial Income	373 000	31 000	32 000	85 000
Financial Costs	587 000	589 000	482 000	492 000
Financial Balance	−214 000	−558 000	−450 000	−407 000
Earnings Before Tax	8 671 000	10 880 000	−899 000	5 531 000
Tax	1 913 000	2 403 000	−175 000	1 248 000
Net Income	6 758 000	8 477 000	−725 000	4 283 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 697 000	1 125 000	2 164 000	3 419 000
Total Current Assets	31 258 000	30 383 000	9 873 000	16 638 000
Total Assets	32 954 000	31 508 000	12 036 000	20 057 000
Total Retained Equity	−424 000	−622 000	−942 000	−218 000
Total Equity	7 805 000	7 608 000	7 287 000	3 293 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	25 149 000	23 900 000	4 749 000	16 764 000
Total Equity and Debt	32 954 000	31 508 000	12 036 000	20 057 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	111 613 000	58 797 000	39 817 000	98 653 000
Revenue	111 613 000	58 797 000	39 817 000	98 653 000
Cost of Goods Sold	14 134 000	2 890 000	3 218 000	10 706 000
Salary Costs	34 975 000	15 130 000	15 085 000	35 853 000
Depreciation	432 000	1 032 000	1 233 000	1 392 000
Impairment	0	0	0	0
Expenditure	102 728 000	47 359 000	40 266 000	92 714 000
Operating Profit	8 885 000	11 439 000	−449 000	5 939 000
Financial Income	373 000	31 000	32 000	85 000
Financial Costs	587 000	589 000	482 000	492 000
Financial Balance	−214 000	−558 000	−450 000	−407 000
Dividends	0	0	0	0
Net Income	6 758 000	8 477 000	−725 000	4 283 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	500 000	563 000	666 000	711 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 197 000	562 000	1 498 000	2 708 000
Total Tangible Assets	1 197 000	562 000	1 498 000	2 708 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 697 000	1 125 000	2 164 000	3 419 000
Stock	1 006 000	910 000	599 000	980 000
Total Investments	0	0	0	0
Cash, Bank	35 000	57 000	30 000	29 000
Total Current Assets	31 258 000	30 383 000	9 873 000	16 638 000
Total Assets	32 954 000	31 508 000	12 036 000	20 057 000
Total Equity	7 805 000	7 608 000	7 287 000	3 293 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 169 000	3 541 000	467 000	2 678 000
Unpaid Taxes	3 150 000	2 404 000	1 065 000	2 976 000
Dividends	0	0	0	0
Other Current Debt	17 830 000	17 955 000	3 217 000	11 110 000
Total Current Debt	25 149 000	23 900 000	4 749 000	16 764 000
Total Equity and Debt	32 954 000	31 508 000	12 036 000	20 057 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,59 %	111,42 %	−9,95 %	130,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,96 %	19,46 %	−1,13 %	6,02 %
Current Ratio	1,24	1,27	2,08	0,99
Quick Ratio	1,29	1,32	2,38	1,05
Equity Ratio	0,24	0,24	0,61	0,16
Gross Profit Margin	87,34 %	95,08 %	91,92 %	89,15 %