TOWER HOTEL NORWAY AS

8004 BODØ

Finances

Share Ownership

Return on Equity

8,11 %

Current Ratio

−350

Debt-to-Equity Ratio

−2,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−263 000	−271 000	−212 000	−3 935 000
Total Assets	6 179 000	6 606 000	5 902 000	5 797 000
Total Equity	−3 243 000	−3 243 000	−3 583 000	−3 371 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	44 000	52 000	75 000	5 044 000
Operating Profit	−44 000	−52 000	−75 000	−5 044 000
Financial Income	0	0	0	0
Financial Costs	294 000	295 000	197 000	0
Financial Balance	−294 000	−295 000	−197 000	0
Earnings Before Tax	−338 000	−347 000	−272 000	−5 044 000
Tax	−74 000	−76 000	−60 000	−1 110 000
Net Income	−263 000	−271 000	−212 000	−3 935 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 829 000	5 773 000	5 856 000	5 778 000
Total Current Assets	350 000	833 000	46 000	20 000
Total Assets	6 179 000	6 606 000	5 902 000	5 797 000
Total Retained Equity	−3 523 000	−4 133 000	−3 863 000	−3 651 000
Total Equity	−3 243 000	−3 243 000	−3 583 000	−3 371 000
Total Long-Term Debt	9 423 000	9 848 000	9 484 000	9 112 000
Total Current Debt	−1 000	1 000	0	56 000
Total Equity and Debt	6 179 000	6 606 000	5 902 000	5 797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	5 000 000
Expenditure	44 000	52 000	75 000	5 044 000
Operating Profit	−44 000	−52 000	−75 000	−5 044 000
Financial Income	0	0	0	0
Financial Costs	294 000	295 000	197 000	0
Financial Balance	−294 000	−295 000	−197 000	0
Dividends	0	0	0	0
Net Income	−263 000	−271 000	−212 000	−3 935 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 100 000	1 100 000	1 196 000	1 136 000
Real Eastate	2 766 000	2 729 000	2 729 000	2 729 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 766 000	2 729 000	2 729 000	2 729 000
Total Fiancial Fixed Assets	1 964 000	1 945 000	1 932 000	1 913 000
Total Fixed Assets	5 829 000	5 773 000	5 856 000	5 778 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	49 000	45 000	20 000
Total Current Assets	350 000	833 000	46 000	20 000
Total Assets	6 179 000	6 606 000	5 902 000	5 797 000
Total Equity	−3 243 000	−3 243 000	−3 583 000	−3 371 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 423 000	9 848 000	9 484 000	9 112 000
Creditors	0	2 000	0	56 000
Unpaid Taxes	−1 000	−1 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	−1 000	1 000	0	56 000
Total Equity and Debt	6 179 000	6 606 000	5 902 000	5 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,11 %	8,36 %	5,92 %	116,73 %
Debt-to-Equity Ratio	−2,91	−3,04	−2,65	−2,7
Operating Profit Margin	-	-	-	-
Current Ratio	−350	833	-	0,36
Quick Ratio	−350	833	-	0,36
Equity Ratio	−0,52	−0,49	−0,61	−0,58
Gross Profit Margin	-	-	-	-