OLAVSGAARD HOTELL AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

−0,28 %

Current Ratio

0,58

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 962 000	71 081 000	50 394 000	74 854 000
Net Income	−58 000	9 204 000	2 066 000	135 000
Total Assets	45 233 000	45 995 000	39 521 000	35 426 000
Total Equity	20 899 000	20 838 000	11 634 000	11 669 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 962 000	71 081 000	50 394 000	74 854 000
Expenditure	87 977 000	59 093 000	47 394 000	74 404 000
Operating Profit	−15 000	11 987 000	3 001 000	450 000
Financial Income	470 000	392 000	11 000	292 000
Financial Costs	528 000	565 000	362 000	569 000
Financial Balance	−58 000	−173 000	−351 000	−277 000
Earnings Before Tax	−73 000	11 814 000	2 649 000	173 000
Tax	−15 000	2 610 000	583 000	38 000
Net Income	−58 000	9 204 000	2 066 000	135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 092 000	23 259 000	24 853 000	22 665 000
Total Current Assets	8 140 000	22 737 000	14 668 000	12 760 000
Total Assets	45 233 000	45 995 000	39 521 000	35 426 000
Total Retained Equity	11 699 000	11 638 000	2 434 000	2 469 000
Total Equity	20 899 000	20 838 000	11 634 000	11 669 000
Total Long-Term Debt	10 290 000	8 635 000	10 000 000	0
Total Current Debt	14 043 000	16 522 000	17 886 000	23 757 000
Total Equity and Debt	45 233 000	45 995 000	39 521 000	35 426 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 688 000	13 704 000	41 830 000	74 854 000
Other Income	51 274 000	57 377 000	8 564 000	0
Revenue	87 962 000	71 081 000	50 394 000	74 854 000
Cost of Goods Sold	12 956 000	4 283 000	5 429 000	11 830 000
Salary Costs	29 829 000	17 566 000	15 539 000	31 470 000
Depreciation	110 000	147 000	346 000	271 000
Impairment	0	0	0	0
Expenditure	87 977 000	59 093 000	47 394 000	74 404 000
Operating Profit	−15 000	11 987 000	3 001 000	450 000
Financial Income	470 000	392 000	11 000	292 000
Financial Costs	528 000	565 000	362 000	569 000
Financial Balance	−58 000	−173 000	−351 000	−277 000
Dividends	0	0	0	0
Net Income	−58 000	9 204 000	2 066 000	135 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	242 000	261 000	282 000	272 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 168 000	3 129 000	3 276 000	3 622 000
Total Tangible Assets	3 168 000	3 129 000	3 276 000	3 622 000
Total Fiancial Fixed Assets	33 682 000	19 869 000	21 295 000	18 771 000
Total Fixed Assets	37 092 000	23 259 000	24 853 000	22 665 000
Stock	820 000	668 000	482 000	710 000
Total Investments	0	0	0	0
Cash, Bank	1 326 000	18 492 000	2 472 000	1 265 000
Total Current Assets	8 140 000	22 737 000	14 668 000	12 760 000
Total Assets	45 233 000	45 995 000	39 521 000	35 426 000
Total Equity	20 899 000	20 838 000	11 634 000	11 669 000
Short-Term Group Debt	797 000	2 860 000	9 254 000	6 504 000
Total Long-Term Debt	10 290 000	8 635 000	10 000 000	0
Creditors	5 439 000	6 396 000	1 868 000	2 966 000
Unpaid Taxes	3 699 000	1 960 000	1 089 000	3 877 000
Dividends	0	0	0	0
Other Current Debt	4 109 000	2 716 000	1 934 000	3 646 000
Total Current Debt	14 043 000	16 522 000	17 886 000	23 757 000
Total Equity and Debt	45 233 000	45 995 000	39 521 000	35 426 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,28 %	44,17 %	17,76 %	1,16 %
Debt-to-Equity Ratio	0,49	0,41	0,86	0
Operating Profit Margin	−0,02 %	16,86 %	5,96 %	0,6 %
Current Ratio	0,58	1,38	0,82	0,54
Quick Ratio	0,62	1,43	0,84	0,55
Equity Ratio	0,46	0,45	0,29	0,33
Gross Profit Margin	85,27 %	93,97 %	89,23 %	84,2 %