QUALITY HOTEL GRAND KRISTIANSUND AS

6509 KRISTIANSUND N

Finances

Return on Equity

648,66 %

Current Ratio

0,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 180 000	44 486 000	47 410 000	41 734 000
Net Income	3 866 000	3 942 000	4 614 000	892 000
Total Assets	17 774 000	13 678 000	13 613 000	7 877 000
Total Equity	596 000	583 000	529 000	600 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 180 000	44 486 000	47 410 000	41 734 000
Expenditure	47 182 000	39 168 000	41 464 000	40 509 000
Operating Profit	4 997 000	5 318 000	5 946 000	1 225 000
Financial Income	216 000	6 000	17 000	6 000
Financial Costs	223 000	249 000	29 000	58 000
Financial Balance	−7 000	−243 000	−12 000	−52 000
Earnings Before Tax	4 990 000	5 076 000	5 935 000	1 173 000
Tax	1 124 000	1 133 000	1 321 000	281 000
Net Income	3 866 000	3 942 000	4 614 000	892 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 397 000	1 610 000	2 953 000	4 415 000
Total Current Assets	16 378 000	12 068 000	10 660 000	3 462 000
Total Assets	17 774 000	13 678 000	13 613 000	7 877 000
Total Retained Equity	−4 606 000	−4 620 000	−4 673 000	−4 603 000
Total Equity	596 000	583 000	529 000	600 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	17 178 000	13 096 000	13 084 000	7 277 000
Total Equity and Debt	17 774 000	13 678 000	13 613 000	7 877 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	52 180 000	44 486 000	47 410 000	41 734 000
Revenue	52 180 000	44 486 000	47 410 000	41 734 000
Cost of Goods Sold	4 178 000	3 113 000	3 688 000	3 705 000
Salary Costs	16 095 000	12 963 000	13 641 000	14 358 000
Depreciation	1 014 000	1 422 000	1 719 000	1 900 000
Impairment	0	0	0	0
Expenditure	47 182 000	39 168 000	41 464 000	40 509 000
Operating Profit	4 997 000	5 318 000	5 946 000	1 225 000
Financial Income	216 000	6 000	17 000	6 000
Financial Costs	223 000	249 000	29 000	58 000
Financial Balance	−7 000	−243 000	−12 000	−52 000
Dividends	0	0	0	0
Net Income	3 866 000	3 942 000	4 614 000	892 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	92 000	130 000	167 000	166 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 293 000	1 469 000	2 775 000	4 188 000
Total Tangible Assets	1 293 000	1 469 000	2 775 000	4 188 000
Total Fiancial Fixed Assets	11 000	11 000	11 000	61 000
Total Fixed Assets	1 397 000	1 610 000	2 953 000	4 415 000
Stock	343 000	312 000	277 000	378 000
Total Investments	0	0	0	0
Cash, Bank	1 000	5 000	10 000	37 000
Total Current Assets	16 378 000	12 068 000	10 660 000	3 462 000
Total Assets	17 774 000	13 678 000	13 613 000	7 877 000
Total Equity	596 000	583 000	529 000	600 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 570 000	1 473 000	3 933 000	1 616 000
Unpaid Taxes	1 321 000	1 177 000	1 020 000	1 067 000
Dividends	0	0	0	0
Other Current Debt	13 287 000	10 447 000	8 132 000	4 594 000
Total Current Debt	17 178 000	13 096 000	13 084 000	7 277 000
Total Equity and Debt	17 774 000	13 678 000	13 613 000	7 877 000

Financial indicators	2022	2021	2020	2019
Return on Equity	648,66 %	676,16 %	872,21 %	148,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,58 %	11,95 %	12,54 %	2,94 %
Current Ratio	0,95	0,92	0,81	0,48
Quick Ratio	0,97	0,94	0,83	0,5
Equity Ratio	0,03	0,04	0,04	0,08
Gross Profit Margin	91,99 %	93 %	92,22 %	91,12 %