VESTERÅLEN KYSTHOTELL AS

8450 STOKMARKNES

Finances

Return on Equity

372,59 %

Current Ratio

1,59

Debt-to-Equity Ratio

23,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 831 000	7 372 000	9 728 000	14 330 000
Net Income	2 012 000	−3 254 000	1 091 000	−501 000
Total Assets	15 874 000	12 785 000	15 067 000	14 811 000
Total Equity	540 000	−1 412 000	944 000	219 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 831 000	7 372 000	9 728 000	14 330 000
Expenditure	10 741 000	10 805 000	8 338 000	14 973 000
Operating Profit	2 091 000	−3 433 000	1 390 000	−643 000
Financial Income	72 000	70 000	78 000	390 000
Financial Costs	82 000	72 000	69 000	387 000
Financial Balance	−10 000	−2 000	9 000	3 000
Earnings Before Tax	2 081 000	−3 434 000	1 399 000	−640 000
Tax	69 000	−181 000	308 000	−139 000
Net Income	2 012 000	−3 254 000	1 091 000	−501 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 809 000	10 534 000	11 999 000	11 977 000
Total Current Assets	4 066 000	2 251 000	3 068 000	2 835 000
Total Assets	15 874 000	12 785 000	15 067 000	14 811 000
Total Retained Equity	0	−1 952 000	404 000	−321 000
Total Equity	540 000	−1 412 000	944 000	219 000
Total Long-Term Debt	12 770 000	12 707 000	13 048 000	13 576 000
Total Current Debt	2 564 000	1 490 000	1 075 000	1 016 000
Total Equity and Debt	15 874 000	12 785 000	15 067 000	14 811 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 558 000	1 856 000	1 502 000	4 517 000
Other Income	11 273 000	5 516 000	8 225 000	9 813 000
Revenue	12 831 000	7 372 000	9 728 000	14 330 000
Cost of Goods Sold	906 000	1 741 000	590 000	1 560 000
Salary Costs	3 642 000	3 452 000	3 018 000	6 620 000
Depreciation	31 000	37 000	98 000	222 000
Impairment	0	0	0	0
Expenditure	10 741 000	10 805 000	8 338 000	14 973 000
Operating Profit	2 091 000	−3 433 000	1 390 000	−643 000
Financial Income	72 000	70 000	78 000	390 000
Financial Costs	82 000	72 000	69 000	387 000
Financial Balance	−10 000	−2 000	9 000	3 000
Dividends	0	0	0	0
Net Income	2 012 000	−3 254 000	1 091 000	−501 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	72 000	71 000
Real Eastate	28 000	48 000	0	0
Machinery and Plant Facilities	119 000	0	0	0
Fixtures	18 000	0	24 000	122 000
Total Tangible Assets	165 000	48 000	24 000	122 000
Total Fiancial Fixed Assets	11 644 000	10 486 000	11 903 000	11 784 000
Total Fixed Assets	11 809 000	10 534 000	11 999 000	11 977 000
Stock	59 000	37 000	107 000	139 000
Total Investments	0	0	0	0
Cash, Bank	3 382 000	517 000	2 505 000	1 450 000
Total Current Assets	4 066 000	2 251 000	3 068 000	2 835 000
Total Assets	15 874 000	12 785 000	15 067 000	14 811 000
Total Equity	540 000	−1 412 000	944 000	219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 770 000	12 707 000	13 048 000	13 576 000
Creditors	1 717 000	1 031 000	297 000	190 000
Unpaid Taxes	181 000	92 000	150 000	200 000
Dividends	0	0	0	0
Other Current Debt	614 000	368 000	421 000	626 000
Total Current Debt	2 564 000	1 490 000	1 075 000	1 016 000
Total Equity and Debt	15 874 000	12 785 000	15 067 000	14 811 000

Financial indicators	2022	2021	2020	2019
Return on Equity	372,59 %	230,45 %	115,57 %	−228,77 %
Debt-to-Equity Ratio	23,65	−9	13,82	61,99
Operating Profit Margin	16,3 %	−46,57 %	14,29 %	−4,49 %
Current Ratio	1,59	1,51	2,85	2,79
Quick Ratio	1,62	1,55	3,17	3,23
Equity Ratio	0,03	−0,11	0,06	0,01
Gross Profit Margin	92,94 %	76,38 %	93,94 %	89,11 %