LINNE HOTEL AS

0598 OSLO

Finances

Return on Equity

11,82 %

Current Ratio

0,34

Debt-to-Equity Ratio

−0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	104 294 000	74 884 000	54 946 000	83 043 000
Net Income	−1 526 000	−2 646 000	−3 114 000	−540 000
Total Assets	20 400 000	22 620 000	16 584 000	14 615 000
Total Equity	−12 911 000	−11 385 000	−8 739 000	−5 625 000

Income (NOK)	2022	2021	2020	2019
Revenue	104 294 000	74 884 000	54 946 000	83 043 000
Expenditure	106 193 000	78 237 000	58 761 000	83 616 000
Operating Profit	−1 898 000	−3 353 000	−3 815 000	−573 000
Financial Income	12 000	−2 000	−9 000	1 000
Financial Costs	32 000	22 000	142 000	66 000
Financial Balance	−20 000	−24 000	−151 000	−65 000
Earnings Before Tax	−1 919 000	−3 377 000	−3 966 000	−638 000
Tax	−393 000	−731 000	−851 000	−98 000
Net Income	−1 526 000	−2 646 000	−3 114 000	−540 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 197 000	7 970 000	6 507 000	5 469 000
Total Current Assets	11 202 000	14 650 000	10 077 000	9 146 000
Total Assets	20 400 000	22 620 000	16 584 000	14 615 000
Total Retained Equity	−20 111 000	−18 586 000	−15 940 000	−12 826 000
Total Equity	−12 911 000	−11 385 000	−8 739 000	−5 625 000
Total Long-Term Debt	666 000	1 630 000	2 357 000	3 049 000
Total Current Debt	32 645 000	32 375 000	22 967 000	17 191 000
Total Equity and Debt	20 400 000	22 620 000	16 584 000	14 615 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	102 991 000	74 119 000	53 396 000	83 022 000
Other Income	1 304 000	766 000	1 550 000	21 000
Revenue	104 294 000	74 884 000	54 946 000	83 043 000
Cost of Goods Sold	11 104 000	7 679 000	5 000 000	8 599 000
Salary Costs	35 971 000	28 162 000	22 804 000	30 916 000
Depreciation	1 393 000	965 000	852 000	782 000
Impairment	0	0	0	0
Expenditure	106 193 000	78 237 000	58 761 000	83 616 000
Operating Profit	−1 898 000	−3 353 000	−3 815 000	−573 000
Financial Income	12 000	−2 000	−9 000	1 000
Financial Costs	32 000	22 000	142 000	66 000
Financial Balance	−20 000	−24 000	−151 000	−65 000
Dividends	0	0	0	0
Net Income	−1 526 000	−2 646 000	−3 114 000	−540 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 148 000	4 755 000	4 025 000	3 173 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 039 000	3 205 000	2 472 000	2 286 000
Total Tangible Assets	4 039 000	3 205 000	2 472 000	2 286 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	9 197 000	7 970 000	6 507 000	5 469 000
Stock	566 000	531 000	419 000	493 000
Total Investments	0	0	0	0
Cash, Bank	5 996 000	4 420 000	4 910 000	4 251 000
Total Current Assets	11 202 000	14 650 000	10 077 000	9 146 000
Total Assets	20 400 000	22 620 000	16 584 000	14 615 000
Total Equity	−12 911 000	−11 385 000	−8 739 000	−5 625 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	666 000	1 630 000	2 357 000	3 049 000
Creditors	22 788 000	24 891 000	15 931 000	9 813 000
Unpaid Taxes	2 309 000	1 490 000	1 413 000	1 453 000
Dividends	0	0	0	0
Other Current Debt	7 549 000	5 995 000	5 622 000	5 925 000
Total Current Debt	32 645 000	32 375 000	22 967 000	17 191 000
Total Equity and Debt	20 400 000	22 620 000	16 584 000	14 615 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,82 %	23,24 %	35,63 %	9,6 %
Debt-to-Equity Ratio	−0,05	−0,14	−0,27	−0,54
Operating Profit Margin	−1,82 %	−4,48 %	−6,94 %	−0,69 %
Current Ratio	0,34	0,45	0,44	0,53
Quick Ratio	0,35	0,46	0,45	0,55
Equity Ratio	−0,63	−0,5	−0,53	−0,38
Gross Profit Margin	89,35 %	89,75 %	90,9 %	89,65 %