CLARION HOTEL ENERGY AS

4021 STAVANGER

Finances

Return on Equity

−26,72 %

Current Ratio

2,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	129 708 000	109 283 000	89 220 000	88 813 000
Net Income	−6 807 000	−4 699 000	−13 056 000	−22 248 000
Total Assets	40 381 000	33 924 000	57 501 000	39 873 000
Total Equity	25 480 000	20 547 000	18 931 000	237 000

Income (NOK)	2022	2021	2020	2019
Revenue	129 708 000	109 283 000	89 220 000	88 813 000
Expenditure	137 094 000	113 898 000	104 438 000	115 559 000
Operating Profit	−7 385 000	−4 615 000	−15 218 000	−26 746 000
Financial Income	46 000	7 000	3 000	3 000
Financial Costs	1 262 000	1 381 000	1 500 000	1 754 000
Financial Balance	−1 216 000	−1 374 000	−1 497 000	−1 751 000
Earnings Before Tax	−8 601 000	−5 990 000	−16 715 000	−28 496 000
Tax	−1 794 000	−1 291 000	−3 659 000	−6 248 000
Net Income	−6 807 000	−4 699 000	−13 056 000	−22 248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 399 000	1 747 000	2 216 000	6 960 000
Total Current Assets	38 982 000	32 177 000	55 285 000	32 912 000
Total Assets	40 381 000	33 924 000	57 501 000	39 873 000
Total Retained Equity	−146 829 000	−140 022 000	−135 323 000	−122 267 000
Total Equity	25 480 000	20 547 000	18 931 000	237 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 901 000	13 376 000	38 569 000	39 636 000
Total Equity and Debt	40 381 000	33 924 000	57 501 000	39 873 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	129 708 000	109 283 000	89 220 000	88 813 000
Revenue	129 708 000	109 283 000	89 220 000	88 813 000
Cost of Goods Sold	16 704 000	13 191 000	9 685 000	11 853 000
Salary Costs	41 423 000	31 521 000	24 907 000	33 043 000
Depreciation	16 000	6 000	1 519 000	4 662 000
Impairment	0	0	4 230 000	0
Expenditure	137 094 000	113 898 000	104 438 000	115 559 000
Operating Profit	−7 385 000	−4 615 000	−15 218 000	−26 746 000
Financial Income	46 000	7 000	3 000	3 000
Financial Costs	1 262 000	1 381 000	1 500 000	1 754 000
Financial Balance	−1 216 000	−1 374 000	−1 497 000	−1 751 000
Dividends	0	0	0	0
Net Income	−6 807 000	−4 699 000	−13 056 000	−22 248 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 337 000	1 726 000	2 216 000	1 281 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	62 000	22 000	0	5 680 000
Total Tangible Assets	62 000	22 000	0	5 680 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 399 000	1 747 000	2 216 000	6 960 000
Stock	1 229 000	976 000	1 075 000	970 000
Total Investments	0	0	0	0
Cash, Bank	5 000	0	5 000	0
Total Current Assets	38 982 000	32 177 000	55 285 000	32 912 000
Total Assets	40 381 000	33 924 000	57 501 000	39 873 000
Total Equity	25 480 000	20 547 000	18 931 000	237 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 110 000	5 207 000	9 553 000	2 471 000
Unpaid Taxes	3 636 000	3 046 000	2 034 000	2 716 000
Dividends	0	0	0	0
Other Current Debt	8 154 000	5 124 000	26 982 000	34 449 000
Total Current Debt	14 901 000	13 376 000	38 569 000	39 636 000
Total Equity and Debt	40 381 000	33 924 000	57 501 000	39 873 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,72 %	−22,87 %	−68,97 %	−9 387,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,69 %	−4,22 %	−17,06 %	−30,11 %
Current Ratio	2,62	2,41	1,43	0,83
Quick Ratio	2,85	2,59	1,47	0,85
Equity Ratio	0,63	0,61	0,33	0,01
Gross Profit Margin	87,12 %	87,93 %	89,14 %	86,65 %