GRAND ROYAL HOTEL AS

8514 NARVIK

Finances

Return on Equity

259,58 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 063 000	37 558 000	29 226 000	46 308 000
Net Income	2 588 000	2 490 000	464 000	1 887 000
Total Assets	11 455 000	8 881 000	6 728 000	9 445 000
Total Equity	997 000	1 100 000	1 100 000	1 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 063 000	37 558 000	29 226 000	46 308 000
Expenditure	48 716 000	34 364 000	28 626 000	43 884 000
Operating Profit	3 347 000	3 194 000	600 000	2 424 000
Financial Income	5 000	1 000	2 000	5 000
Financial Costs	0	1 000	1 000	6 000
Financial Balance	5 000	0	1 000	−1 000
Earnings Before Tax	3 352 000	3 195 000	601 000	2 423 000
Tax	764 000	705 000	137 000	536 000
Net Income	2 588 000	2 490 000	464 000	1 887 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	779 000	506 000	782 000	1 080 000
Total Current Assets	10 676 000	8 375 000	5 946 000	8 365 000
Total Assets	11 455 000	8 881 000	6 728 000	9 445 000
Total Retained Equity	967 000	1 070 000	1 070 000	970 000
Total Equity	997 000	1 100 000	1 100 000	1 000 000
Total Long-Term Debt	0	0	16 000	48 000
Total Current Debt	10 458 000	7 781 000	5 612 000	8 397 000
Total Equity and Debt	11 455 000	8 881 000	6 728 000	9 445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 906 000	36 464 000	27 237 000	46 308 000
Other Income	156 000	1 094 000	1 989 000	0
Revenue	52 063 000	37 558 000	29 226 000	46 308 000
Cost of Goods Sold	10 033 000	5 737 000	4 872 000	8 206 000
Salary Costs	18 979 000	12 439 000	11 313 000	17 472 000
Depreciation	332 000	299 000	317 000	281 000
Impairment	0	0	0	0
Expenditure	48 716 000	34 364 000	28 626 000	43 884 000
Operating Profit	3 347 000	3 194 000	600 000	2 424 000
Financial Income	5 000	1 000	2 000	5 000
Financial Costs	0	1 000	1 000	6 000
Financial Balance	5 000	0	1 000	−1 000
Dividends	0	50 000	7 000	30 000
Net Income	2 588 000	2 490 000	464 000	1 887 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	23 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	618 000	320 000	593 000	868 000
Fixtures	128 000	148 000	173 000	196 000
Total Tangible Assets	746 000	468 000	767 000	1 065 000
Total Fiancial Fixed Assets	16 000	16 000	16 000	16 000
Total Fixed Assets	779 000	506 000	782 000	1 080 000
Stock	916 000	742 000	462 000	627 000
Total Investments	0	0	0	0
Cash, Bank	7 580 000	5 123 000	2 450 000	4 771 000
Total Current Assets	10 676 000	8 375 000	5 946 000	8 365 000
Total Assets	11 455 000	8 881 000	6 728 000	9 445 000
Total Equity	997 000	1 100 000	1 100 000	1 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	16 000	48 000
Creditors	2 857 000	1 724 000	1 479 000	2 895 000
Unpaid Taxes	1 807 000	1 331 000	870 000	1 673 000
Dividends	0	50 000	7 000	30 000
Other Current Debt	2 343 000	1 492 000	2 731 000	1 795 000
Total Current Debt	10 458 000	7 781 000	5 612 000	8 397 000
Total Equity and Debt	11 455 000	8 881 000	6 728 000	9 445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	259,58 %	226,36 %	42,18 %	188,7 %
Debt-to-Equity Ratio	0	0	0,01	0,05
Operating Profit Margin	6,43 %	8,5 %	2,05 %	5,23 %
Current Ratio	1,02	1,08	1,06	1
Quick Ratio	1,12	1,19	1,15	1,08
Equity Ratio	0,09	0,12	0,16	0,11
Gross Profit Margin	80,73 %	84,72 %	83,33 %	82,28 %