NORHOSTEL AS

6003 ÅLESUND

Finances

Return on Equity

−19,86 %

Current Ratio

1,14

Debt-to-Equity Ratio

−1,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 867 000	2 385 000	3 016 000	3 235 000
Net Income	88 000	−358 000	−695 000	95 000
Total Assets	1 784 000	1 553 000	1 578 000	3 329 000
Total Equity	−443 000	−531 000	−173 000	522 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 867 000	2 385 000	3 016 000	3 235 000
Expenditure	2 746 000	2 740 000	3 694 000	3 070 000
Operating Profit	120 000	−355 000	−679 000	164 000
Financial Income	0	0	0	0
Financial Costs	32 000	3 000	16 000	68 000
Financial Balance	−32 000	−3 000	−16 000	−68 000
Earnings Before Tax	88 000	−358 000	−695 000	95 000
Tax	0	0	0	0
Net Income	88 000	−358 000	−695 000	95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	98 000	98 000	79 000	33 000
Total Current Assets	1 686 000	1 454 000	1 499 000	3 296 000
Total Assets	1 784 000	1 553 000	1 578 000	3 329 000
Total Retained Equity	−943 000	−1 031 000	−673 000	22 000
Total Equity	−443 000	−531 000	−173 000	522 000
Total Long-Term Debt	742 000	742 000	742 000	0
Total Current Debt	1 485 000	1 342 000	1 009 000	2 807 000
Total Equity and Debt	1 784 000	1 553 000	1 578 000	3 329 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 867 000	2 385 000	3 016 000	3 235 000
Other Income	0	0	0	0
Revenue	2 867 000	2 385 000	3 016 000	3 235 000
Cost of Goods Sold	11 000	0	1 000	156 000
Salary Costs	0	48 000	616 000	364 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 746 000	2 740 000	3 694 000	3 070 000
Operating Profit	120 000	−355 000	−679 000	164 000
Financial Income	0	0	0	0
Financial Costs	32 000	3 000	16 000	68 000
Financial Balance	−32 000	−3 000	−16 000	−68 000
Dividends	0	0	0	0
Net Income	88 000	−358 000	−695 000	95 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	33 000
Total Tangible Assets	0	0	0	33 000
Total Fiancial Fixed Assets	98 000	98 000	79 000	0
Total Fixed Assets	98 000	98 000	79 000	33 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	127 000	26 000	150 000	678 000
Total Current Assets	1 686 000	1 454 000	1 499 000	3 296 000
Total Assets	1 784 000	1 553 000	1 578 000	3 329 000
Total Equity	−443 000	−531 000	−173 000	522 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	742 000	742 000	742 000	0
Creditors	708 000	790 000	686 000	1 760 000
Unpaid Taxes	−11 000	30 000	68 000	−52 000
Dividends	0	0	0	0
Other Current Debt	983 000	623 000	358 000	1 112 000
Total Current Debt	1 485 000	1 342 000	1 009 000	2 807 000
Total Equity and Debt	1 784 000	1 553 000	1 578 000	3 329 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,86 %	67,42 %	401,73 %	18,2 %
Debt-to-Equity Ratio	−1,67	−1,4	−4,29	0
Operating Profit Margin	4,19 %	−14,88 %	−22,51 %	5,07 %
Current Ratio	1,14	1,08	1,49	1,17
Quick Ratio	1,14	1,08	1,49	1,17
Equity Ratio	−0,25	−0,34	−0,11	0,16
Gross Profit Margin	99,62 %	100 %	99,97 %	95,18 %