RØVÆR KULTURHOTELL AS

5549 RØVÆR

Finances

Share Ownership

Return on Equity

−14,6 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 932 000	6 020 000	4 786 000	5 889 000
Net Income	−144 000	635 000	398 000	−171 000
Total Assets	1 480 000	1 543 000	795 000	803 000
Total Equity	986 000	1 130 000	495 000	96 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 932 000	6 020 000	4 786 000	5 889 000
Expenditure	6 174 000	5 379 000	4 376 000	6 051 000
Operating Profit	−242 000	641 000	410 000	−162 000
Financial Income	0	0	0	0
Financial Costs	5 000	6 000	12 000	10 000
Financial Balance	−5 000	−6 000	−12 000	−10 000
Earnings Before Tax	−248 000	635 000	398 000	−171 000
Tax	−103 000	0	0	0
Net Income	−144 000	635 000	398 000	−171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	587 000	69 000	76 000	84 000
Total Current Assets	893 000	1 474 000	719 000	720 000
Total Assets	1 480 000	1 543 000	795 000	803 000
Total Retained Equity	−252 000	−108 000	−743 000	−1 142 000
Total Equity	986 000	1 130 000	495 000	96 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	494 000	413 000	300 000	707 000
Total Equity and Debt	1 480 000	1 543 000	795 000	803 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 743 000	5 403 000	4 353 000	5 702 000
Other Income	189 000	617 000	432 000	187 000
Revenue	5 932 000	6 020 000	4 786 000	5 889 000
Cost of Goods Sold	1 514 000	1 365 000	1 144 000	1 746 000
Salary Costs	2 471 000	2 051 000	1 626 000	2 598 000
Depreciation	28 000	7 000	8 000	9 000
Impairment	0	0	0	0
Expenditure	6 174 000	5 379 000	4 376 000	6 051 000
Operating Profit	−242 000	641 000	410 000	−162 000
Financial Income	0	0	0	0
Financial Costs	5 000	6 000	12 000	10 000
Financial Balance	−5 000	−6 000	−12 000	−10 000
Dividends	0	0	0	0
Net Income	−144 000	635 000	398 000	−171 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	103 000	0	0	0
Real Eastate	47 000	69 000	76 000	84 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	436 000	0	0	0
Total Tangible Assets	483 000	69 000	76 000	84 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	587 000	69 000	76 000	84 000
Stock	237 000	169 000	145 000	149 000
Total Investments	0	0	0	0
Cash, Bank	418 000	913 000	280 000	66 000
Total Current Assets	893 000	1 474 000	719 000	720 000
Total Assets	1 480 000	1 543 000	795 000	803 000
Total Equity	986 000	1 130 000	495 000	96 000
Short-Term Group Debt	238 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	121 000	109 000	33 000	140 000
Unpaid Taxes	131 000	119 000	90 000	122 000
Dividends	0	0	0	0
Other Current Debt	3 000	185 000	177 000	231 000
Total Current Debt	494 000	413 000	300 000	707 000
Total Equity and Debt	1 480 000	1 543 000	795 000	803 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,6 %	56,19 %	80,4 %	−178,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,08 %	10,65 %	8,57 %	−2,75 %
Current Ratio	1,81	3,57	2,4	1,02
Quick Ratio	3,47	6,04	4,64	1,29
Equity Ratio	0,67	0,73	0,62	0,12
Gross Profit Margin	74,48 %	77,33 %	76,1 %	70,35 %