FESTNINGEN HOTEL & RESORT AS

2213 KONGSVINGER

Finances

Share Ownership

Return on Equity

−2,6 %

Current Ratio

4,12

Debt-to-Equity Ratio

1,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 666 000	10 780 000	9 155 000	8 893 000
Net Income	−53 000	−1 476 000	133 000	109 000
Total Assets	5 678 000	4 571 000	5 245 000	6 004 000
Total Equity	2 042 000	613 000	2 089 000	1 956 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 666 000	10 780 000	9 155 000	8 893 000
Expenditure	11 638 000	12 601 000	8 898 000	8 745 000
Operating Profit	28 000	−1 821 000	256 000	147 000
Financial Income	6 000	2 000	2 000	7 000
Financial Costs	102 000	73 000	88 000	14 000
Financial Balance	−96 000	−71 000	−86 000	−7 000
Earnings Before Tax	−67 000	−1 892 000	170 000	140 000
Tax	−15 000	−416 000	37 000	31 000
Net Income	−53 000	−1 476 000	133 000	109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	135 000	589 000	204 000	95 000
Total Current Assets	5 543 000	3 982 000	5 041 000	5 909 000
Total Assets	5 678 000	4 571 000	5 245 000	6 004 000
Total Retained Equity	942 000	−487 000	989 000	856 000
Total Equity	2 042 000	613 000	2 089 000	1 956 000
Total Long-Term Debt	2 291 000	2 331 000	2 372 000	0
Total Current Debt	1 345 000	1 627 000	784 000	4 048 000
Total Equity and Debt	5 678 000	4 571 000	5 245 000	6 004 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 100 000	6 122 000	4 386 000	5 012 000
Other Income	5 566 000	4 659 000	4 769 000	3 881 000
Revenue	11 666 000	10 780 000	9 155 000	8 893 000
Cost of Goods Sold	2 288 000	1 695 000	1 708 000	1 576 000
Salary Costs	5 214 000	4 439 000	3 826 000	4 405 000
Depreciation	50 000	80 000	70 000	42 000
Impairment	0	0	0	0
Expenditure	11 638 000	12 601 000	8 898 000	8 745 000
Operating Profit	28 000	−1 821 000	256 000	147 000
Financial Income	6 000	2 000	2 000	7 000
Financial Costs	102 000	73 000	88 000	14 000
Financial Balance	−96 000	−71 000	−86 000	−7 000
Dividends	0	0	0	0
Net Income	−53 000	−1 476 000	133 000	109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	422 000	6 000	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	84 000	42 000	0	0
Fixtures	32 000	125 000	198 000	66 000
Total Tangible Assets	116 000	167 000	198 000	66 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	135 000	589 000	204 000	95 000
Stock	179 000	218 000	113 000	189 000
Total Investments	0	0	0	0
Cash, Bank	1 325 000	1 104 000	726 000	342 000
Total Current Assets	5 543 000	3 982 000	5 041 000	5 909 000
Total Assets	5 678 000	4 571 000	5 245 000	6 004 000
Total Equity	2 042 000	613 000	2 089 000	1 956 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 291 000	2 331 000	2 372 000	0
Creditors	149 000	439 000	282 000	1 216 000
Unpaid Taxes	499 000	414 000	153 000	275 000
Dividends	0	0	0	0
Other Current Debt	697 000	773 000	336 000	2 557 000
Total Current Debt	1 345 000	1 627 000	784 000	4 048 000
Total Equity and Debt	5 678 000	4 571 000	5 245 000	6 004 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,6 %	−240,78 %	6,37 %	5,57 %
Debt-to-Equity Ratio	1,12	3,8	1,14	0
Operating Profit Margin	0,24 %	−16,89 %	2,8 %	1,65 %
Current Ratio	4,12	2,45	6,43	1,46
Quick Ratio	4,75	2,83	7,51	1,53
Equity Ratio	0,36	0,13	0,4	0,33
Gross Profit Margin	80,39 %	84,28 %	81,34 %	82,28 %