CITY HOTEL FREDRIKSTAD AS

1607 FREDRIKSTAD

Finances

Return on Equity

6,79 %

Current Ratio

0,97

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 064 000	40 920 000	28 265 000	42 699 000
Net Income	407 000	1 580 000	−4 915 000	−1 520 000
Total Assets	18 844 000	17 097 000	20 645 000	17 561 000
Total Equity	5 994 000	5 587 000	4 007 000	3 879 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 064 000	40 920 000	28 265 000	42 699 000
Expenditure	48 844 000	38 885 000	34 486 000	44 536 000
Operating Profit	220 000	2 034 000	−6 221 000	−1 838 000
Financial Income	266 000	38 000	42 000	36 000
Financial Costs	31 000	57 000	112 000	140 000
Financial Balance	235 000	−19 000	−70 000	−104 000
Earnings Before Tax	456 000	2 015 000	−6 291 000	−1 942 000
Tax	49 000	435 000	−1 376 000	−422 000
Net Income	407 000	1 580 000	−4 915 000	−1 520 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 160 000	9 242 000	8 803 000	6 738 000
Total Current Assets	10 684 000	7 856 000	11 842 000	10 823 000
Total Assets	18 844 000	17 097 000	20 645 000	17 561 000
Total Retained Equity	994 000	587 000	−993 000	−1 121 000
Total Equity	5 994 000	5 587 000	4 007 000	3 879 000
Total Long-Term Debt	1 799 000	1 758 000	5 515 000	5 668 000
Total Current Debt	11 051 000	9 753 000	11 123 000	8 014 000
Total Equity and Debt	18 844 000	17 097 000	20 645 000	17 561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 685 000	37 916 000	25 030 000	42 699 000
Other Income	379 000	3 004 000	3 235 000	0
Revenue	49 064 000	40 920 000	28 265 000	42 699 000
Cost of Goods Sold	5 708 000	3 716 000	2 834 000	5 550 000
Salary Costs	21 283 000	15 759 000	15 365 000	20 136 000
Depreciation	1 793 000	1 961 000	1 335 000	1 094 000
Impairment	0	0	0	0
Expenditure	48 844 000	38 885 000	34 486 000	44 536 000
Operating Profit	220 000	2 034 000	−6 221 000	−1 838 000
Financial Income	266 000	38 000	42 000	36 000
Financial Costs	31 000	57 000	112 000	140 000
Financial Balance	235 000	−19 000	−70 000	−104 000
Dividends	0	0	0	0
Net Income	407 000	1 580 000	−4 915 000	−1 520 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 802 000	4 428 000	3 045 000	1 051 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 288 000	4 745 000	5 688 000	5 618 000
Total Tangible Assets	8 090 000	9 172 000	8 733 000	6 668 000
Total Fiancial Fixed Assets	70 000	70 000	70 000	70 000
Total Fixed Assets	8 160 000	9 242 000	8 803 000	6 738 000
Stock	546 000	880 000	541 000	559 000
Total Investments	0	0	0	0
Cash, Bank	7 345 000	5 038 000	1 577 000	4 473 000
Total Current Assets	10 684 000	7 856 000	11 842 000	10 823 000
Total Assets	18 844 000	17 097 000	20 645 000	17 561 000
Total Equity	5 994 000	5 587 000	4 007 000	3 879 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 799 000	1 758 000	5 515 000	5 668 000
Creditors	3 147 000	2 218 000	5 836 000	2 409 000
Unpaid Taxes	2 992 000	2 555 000	1 165 000	2 791 000
Dividends	0	0	0	0
Other Current Debt	4 875 000	4 567 000	4 121 000	2 814 000
Total Current Debt	11 051 000	9 753 000	11 123 000	8 014 000
Total Equity and Debt	18 844 000	17 097 000	20 645 000	17 561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,79 %	28,28 %	−122,66 %	−39,19 %
Debt-to-Equity Ratio	0,3	0,31	1,38	1,46
Operating Profit Margin	0,45 %	4,97 %	−22,01 %	−4,3 %
Current Ratio	0,97	0,81	1,06	1,35
Quick Ratio	1,02	0,89	1,12	1,45
Equity Ratio	0,32	0,33	0,19	0,22
Gross Profit Margin	88,37 %	90,92 %	89,97 %	87 %