FARSUND FJORDHOTELL AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

−15,28 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 546 000	14 269 000	9 028 000	12 308 000
Net Income	−868 000	−105 000	−1 856 000	−2 291 000
Total Assets	14 715 000	9 607 000	2 381 000	2 751 000
Total Equity	5 680 000	2 999 000	−3 442 000	−1 586 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 546 000	14 269 000	9 028 000	12 308 000
Expenditure	21 388 000	14 319 000	10 816 000	14 558 000
Operating Profit	−842 000	−50 000	−1 789 000	−2 250 000
Financial Income	0	0	0	0
Financial Costs	26 000	55 000	67 000	41 000
Financial Balance	−26 000	−55 000	−67 000	−41 000
Earnings Before Tax	−868 000	−105 000	−1 856 000	−2 291 000
Tax	0	0	0	0
Net Income	−868 000	−105 000	−1 856 000	−2 291 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 000	107 000	1 643 000	1 687 000
Total Current Assets	14 634 000	9 500 000	738 000	1 064 000
Total Assets	14 715 000	9 607 000	2 381 000	2 751 000
Total Retained Equity	−16 807 000	−15 939 000	−15 834 000	−13 978 000
Total Equity	5 680 000	2 999 000	−3 442 000	−1 586 000
Total Long-Term Debt	0	0	1 832 000	532 000
Total Current Debt	9 035 000	6 608 000	3 991 000	3 805 000
Total Equity and Debt	14 715 000	9 607 000	2 381 000	2 751 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 873 000	13 922 000	8 599 000	12 431 000
Other Income	3 673 000	347 000	429 000	−123 000
Revenue	20 546 000	14 269 000	9 028 000	12 308 000
Cost of Goods Sold	4 297 000	2 074 000	1 150 000	2 256 000
Salary Costs	9 229 000	7 202 000	6 392 000	7 973 000
Depreciation	27 000	24 000	44 000	29 000
Impairment	0	0	0	0
Expenditure	21 388 000	14 319 000	10 816 000	14 558 000
Operating Profit	−842 000	−50 000	−1 789 000	−2 250 000
Financial Income	0	0	0	0
Financial Costs	26 000	55 000	67 000	41 000
Financial Balance	−26 000	−55 000	−67 000	−41 000
Dividends	0	0	0	0
Net Income	−868 000	−105 000	−1 856 000	−2 291 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 536 000	1 536 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	80 000	106 000	106 000	150 000
Total Tangible Assets	80 000	106 000	106 000	150 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	81 000	107 000	1 643 000	1 687 000
Stock	237 000	241 000	132 000	137 000
Total Investments	0	0	0	0
Cash, Bank	1 273 000	410 000	332 000	351 000
Total Current Assets	14 634 000	9 500 000	738 000	1 064 000
Total Assets	14 715 000	9 607 000	2 381 000	2 751 000
Total Equity	5 680 000	2 999 000	−3 442 000	−1 586 000
Short-Term Group Debt	5 183 000	3 820 000	1 420 000	0
Total Long-Term Debt	0	0	1 832 000	532 000
Creditors	1 174 000	562 000	7 000	644 000
Unpaid Taxes	437 000	531 000	507 000	791 000
Dividends	0	0	0	0
Other Current Debt	2 241 000	1 460 000	722 000	1 109 000
Total Current Debt	9 035 000	6 608 000	3 991 000	3 805 000
Total Equity and Debt	14 715 000	9 607 000	2 381 000	2 751 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,28 %	−3,5 %	53,92 %	144,45 %
Debt-to-Equity Ratio	0	0	−0,53	−0,34
Operating Profit Margin	−4,1 %	−0,35 %	−19,82 %	−18,28 %
Current Ratio	1,62	1,44	0,18	0,28
Quick Ratio	1,66	1,49	0,19	0,29
Equity Ratio	0,39	0,31	−1,45	−0,58
Gross Profit Margin	79,09 %	85,46 %	87,26 %	81,67 %