NETTVAREHOTELLET AS

1878 HÆRLAND

Finances

Return on Equity

−6,42 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 443 000	41 466 000	35 929 000	34 148 000
Net Income	−439 000	4 330 000	5 726 000	2 152 000
Total Assets	18 300 000	17 201 000	23 382 000	15 194 000
Total Equity	6 840 000	7 279 000	17 949 000	12 223 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 443 000	41 466 000	35 929 000	34 148 000
Expenditure	43 844 000	37 379 000	30 488 000	31 819 000
Operating Profit	1 599 000	4 088 000	5 440 000	2 329 000
Financial Income	109 000	363 000	416 000	18 000
Financial Costs	2 147 000	120 000	130 000	194 000
Financial Balance	−2 038 000	243 000	286 000	−176 000
Earnings Before Tax	−439 000	4 330 000	5 726 000	2 152 000
Tax	0	0	0	0
Net Income	−439 000	4 330 000	5 726 000	2 152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	512 000	2 283 000	132 000	0
Total Current Assets	17 788 000	14 919 000	23 250 000	15 194 000
Total Assets	18 300 000	17 201 000	23 382 000	15 194 000
Total Retained Equity	0	0	7 877 000	2 152 000
Total Equity	6 840 000	7 279 000	17 949 000	12 223 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 460 000	9 922 000	5 433 000	2 971 000
Total Equity and Debt	18 300 000	17 201 000	23 382 000	15 194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 210 000	34 669 000	30 252 000	28 631 000
Other Income	7 233 000	6 797 000	5 676 000	5 517 000
Revenue	45 443 000	41 466 000	35 929 000	34 148 000
Cost of Goods Sold	19 825 000	16 316 000	13 546 000	11 095 000
Salary Costs	10 462 000	10 181 000	9 267 000	7 530 000
Depreciation	71 000	14 000	2 000	0
Impairment	0	0	0	0
Expenditure	43 844 000	37 379 000	30 488 000	31 819 000
Operating Profit	1 599 000	4 088 000	5 440 000	2 329 000
Financial Income	109 000	363 000	416 000	18 000
Financial Costs	2 147 000	120 000	130 000	194 000
Financial Balance	−2 038 000	243 000	286 000	−176 000
Dividends	0	0	0	0
Net Income	−439 000	4 330 000	5 726 000	2 152 000

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	512 000	36 000	49 000	0
Fixtures	0	247 000	0	0
Total Tangible Assets	512 000	283 000	49 000	0
Total Fiancial Fixed Assets	0	2 000 000	84 000	0
Total Fixed Assets	512 000	2 283 000	132 000	0
Stock	250 000	250 000	200 000	0
Total Investments	0	0	0	0
Cash, Bank	2 590 000	363 000	864 000	333 000
Total Current Assets	17 788 000	14 919 000	23 250 000	15 194 000
Total Assets	18 300 000	17 201 000	23 382 000	15 194 000
Total Equity	6 840 000	7 279 000	17 949 000	12 223 000
Short-Term Group Debt	0	5 264 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 142 000	2 397 000	1 795 000	886 000
Unpaid Taxes	1 571 000	594 000	1 895 000	1 182 000
Dividends	0	0	0	0
Other Current Debt	2 747 000	1 450 000	1 743 000	904 000
Total Current Debt	11 460 000	9 922 000	5 433 000	2 971 000
Total Equity and Debt	18 300 000	17 201 000	23 382 000	15 194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,42 %	59,49 %	31,9 %	17,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,52 %	9,86 %	15,14 %	6,82 %
Current Ratio	1,55	1,5	4,28	5,11
Quick Ratio	1,59	1,54	4,44	5,11
Equity Ratio	0,37	0,42	0,77	0,8
Gross Profit Margin	56,37 %	60,65 %	62,3 %	67,51 %