HOTEL ULSTEIN AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

3,55 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 154 000	32 415 000	25 935 000	38 884 000
Net Income	142 000	−409 000	−1 516 000	−252 000
Total Assets	10 054 000	8 361 000	9 737 000	5 344 000
Total Equity	3 997 000	4 127 000	4 120 000	246 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 154 000	32 415 000	25 935 000	38 884 000
Expenditure	38 939 000	32 753 000	27 779 000	39 157 000
Operating Profit	215 000	−338 000	−1 843 000	−274 000
Financial Income	128 000	87 000	9 000	49 000
Financial Costs	121 000	269 000	96 000	83 000
Financial Balance	7 000	−182 000	−87 000	−34 000
Earnings Before Tax	222 000	−519 000	−1 930 000	−308 000
Tax	80 000	−111 000	−413 000	−56 000
Net Income	142 000	−409 000	−1 516 000	−252 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	452 000	563 000	492 000	545 000
Total Current Assets	9 602 000	7 798 000	9 245 000	4 799 000
Total Assets	10 054 000	8 361 000	9 737 000	5 344 000
Total Retained Equity	−2 689 000	−2 559 000	−2 151 000	−635 000
Total Equity	3 997 000	4 127 000	4 120 000	246 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 057 000	4 234 000	5 618 000	5 099 000
Total Equity and Debt	10 054 000	8 361 000	9 737 000	5 344 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	39 154 000	32 415 000	25 935 000	38 884 000
Revenue	39 154 000	32 415 000	25 935 000	38 884 000
Cost of Goods Sold	4 720 000	3 507 000	2 636 000	4 600 000
Salary Costs	16 799 000	13 343 000	10 391 000	16 437 000
Depreciation	152 000	233 000	174 000	175 000
Impairment	0	0	0	0
Expenditure	38 939 000	32 753 000	27 779 000	39 157 000
Operating Profit	215 000	−338 000	−1 843 000	−274 000
Financial Income	128 000	87 000	9 000	49 000
Financial Costs	121 000	269 000	96 000	83 000
Financial Balance	7 000	−182 000	−87 000	−34 000
Dividends	0	0	0	0
Net Income	142 000	−409 000	−1 516 000	−252 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	74 000	77 000	84 000	91 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	378 000	485 000	409 000	454 000
Total Tangible Assets	378 000	485 000	409 000	454 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	452 000	563 000	492 000	545 000
Stock	363 000	361 000	297 000	618 000
Total Investments	0	0	0	0
Cash, Bank	9 000	6 000	9 000	35 000
Total Current Assets	9 602 000	7 798 000	9 245 000	4 799 000
Total Assets	10 054 000	8 361 000	9 737 000	5 344 000
Total Equity	3 997 000	4 127 000	4 120 000	246 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 463 000	1 329 000	1 312 000	1 034 000
Unpaid Taxes	1 364 000	1 114 000	797 000	1 179 000
Dividends	0	0	0	0
Other Current Debt	3 229 000	1 791 000	3 509 000	2 886 000
Total Current Debt	6 057 000	4 234 000	5 618 000	5 099 000
Total Equity and Debt	10 054 000	8 361 000	9 737 000	5 344 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,55 %	−9,91 %	−36,8 %	−102,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,55 %	−1,04 %	−7,11 %	−0,7 %
Current Ratio	1,59	1,84	1,65	0,94
Quick Ratio	1,69	2,01	1,74	1,07
Equity Ratio	0,4	0,49	0,42	0,05
Gross Profit Margin	87,95 %	89,18 %	89,84 %	88,17 %