HOTEL FREDRIKSTAD AS

1607 FREDRIKSTAD

Finances

Return on Equity

39,39 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 637 000	56 521 000	26 169 000	53 274 000
Net Income	4 991 000	6 977 000	−2 172 000	2 918 000
Total Assets	27 892 000	30 353 000	20 482 000	29 415 000
Total Equity	12 672 000	13 304 000	13 574 000	12 872 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 637 000	56 521 000	26 169 000	53 274 000
Expenditure	61 199 000	47 375 000	28 756 000	49 431 000
Operating Profit	6 438 000	9 146 000	−2 587 000	3 842 000
Financial Income	222 000	21 000	17 000	90 000
Financial Costs	246 000	211 000	200 000	177 000
Financial Balance	−24 000	−190 000	−183 000	−87 000
Earnings Before Tax	6 413 000	8 956 000	−2 770 000	3 754 000
Tax	1 422 000	1 979 000	−599 000	836 000
Net Income	4 991 000	6 977 000	−2 172 000	2 918 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 517 000	12 534 000	14 784 000	14 906 000
Total Current Assets	17 376 000	17 819 000	5 698 000	14 509 000
Total Assets	27 892 000	30 353 000	20 482 000	29 415 000
Total Retained Equity	−3 902 000	−3 269 000	−3 000 000	−828 000
Total Equity	12 672 000	13 304 000	13 574 000	12 872 000
Total Long-Term Debt	0	14 000	79 000	0
Total Current Debt	15 220 000	17 035 000	6 829 000	16 543 000
Total Equity and Debt	27 892 000	30 353 000	20 482 000	29 415 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	67 637 000	56 521 000	26 169 000	53 274 000
Revenue	67 637 000	56 521 000	26 169 000	53 274 000
Cost of Goods Sold	6 892 000	5 226 000	2 546 000	5 802 000
Salary Costs	18 747 000	14 985 000	10 320 000	18 141 000
Depreciation	2 249 000	2 442 000	808 000	557 000
Impairment	0	0	0	0
Expenditure	61 199 000	47 375 000	28 756 000	49 431 000
Operating Profit	6 438 000	9 146 000	−2 587 000	3 842 000
Financial Income	222 000	21 000	17 000	90 000
Financial Costs	246 000	211 000	200 000	177 000
Financial Balance	−24 000	−190 000	−183 000	−87 000
Dividends	0	0	0	0
Net Income	4 991 000	6 977 000	−2 172 000	2 918 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	149 000	0	0	133 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 364 000	12 530 000	14 780 000	14 769 000
Total Tangible Assets	10 364 000	12 530 000	14 780 000	14 769 000
Total Fiancial Fixed Assets	4 000	4 000	4 000	4 000
Total Fixed Assets	10 517 000	12 534 000	14 784 000	14 906 000
Stock	549 000	719 000	333 000	555 000
Total Investments	0	0	0	0
Cash, Bank	152 000	14 000	58 000	206 000
Total Current Assets	17 376 000	17 819 000	5 698 000	14 509 000
Total Assets	27 892 000	30 353 000	20 482 000	29 415 000
Total Equity	12 672 000	13 304 000	13 574 000	12 872 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	14 000	79 000	0
Creditors	1 741 000	1 971 000	1 077 000	2 163 000
Unpaid Taxes	1 633 000	1 336 000	428 000	1 120 000
Dividends	0	0	0	0
Other Current Debt	11 846 000	13 728 000	5 324 000	13 260 000
Total Current Debt	15 220 000	17 035 000	6 829 000	16 543 000
Total Equity and Debt	27 892 000	30 353 000	20 482 000	29 415 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,39 %	52,44 %	−16 %	22,67 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	9,52 %	16,18 %	−9,89 %	7,21 %
Current Ratio	1,14	1,05	0,83	0,88
Quick Ratio	1,18	1,09	0,88	0,91
Equity Ratio	0,45	0,44	0,66	0,44
Gross Profit Margin	89,81 %	90,75 %	90,27 %	89,11 %