GLOPPEN HOTELL AS

6823 SANDANE

Finances

Return on Equity

−524,09 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 479 000	22 596 000	21 159 000	26 462 000
Net Income	−3 328 000	−1 788 000	−1 368 000	−751 000
Total Assets	9 826 000	5 071 000	4 950 000	7 888 000
Total Equity	635 000	63 000	1 071 000	2 438 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 479 000	22 596 000	21 159 000	26 462 000
Expenditure	33 618 000	24 865 000	22 854 000	27 343 000
Operating Profit	−4 139 000	−2 269 000	−1 695 000	−882 000
Financial Income	10 000	5 000	1 000	9 000
Financial Costs	135 000	26 000	53 000	90 000
Financial Balance	−125 000	−21 000	−52 000	−81 000
Earnings Before Tax	−4 264 000	−2 290 000	−1 748 000	−962 000
Tax	−935 000	−502 000	−380 000	−212 000
Net Income	−3 328 000	−1 788 000	−1 368 000	−751 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	774 000	1 231 000	1 043 000	493 000
Total Current Assets	9 052 000	3 839 000	3 908 000	7 395 000
Total Assets	9 826 000	5 071 000	4 950 000	7 888 000
Total Retained Equity	−1 381 000	−1 953 000	−945 000	0
Total Equity	635 000	63 000	1 071 000	2 438 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 191 000	5 008 000	3 879 000	5 450 000
Total Equity and Debt	9 826 000	5 071 000	4 950 000	7 888 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 378 000	21 279 000	18 982 000	25 531 000
Other Income	101 000	1 317 000	2 176 000	930 000
Revenue	29 479 000	22 596 000	21 159 000	26 462 000
Cost of Goods Sold	7 609 000	5 027 000	4 541 000	5 846 000
Salary Costs	13 513 000	9 519 000	8 342 000	9 209 000
Depreciation	178 000	173 000	140 000	113 000
Impairment	0	0	0	0
Expenditure	33 618 000	24 865 000	22 854 000	27 343 000
Operating Profit	−4 139 000	−2 269 000	−1 695 000	−882 000
Financial Income	10 000	5 000	1 000	9 000
Financial Costs	135 000	26 000	53 000	90 000
Financial Balance	−125 000	−21 000	−52 000	−81 000
Dividends	0	0	0	0
Net Income	−3 328 000	−1 788 000	−1 368 000	−751 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	504 000	669 000	387 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	189 000	507 000	601 000	431 000
Total Tangible Assets	189 000	507 000	601 000	431 000
Total Fiancial Fixed Assets	82 000	55 000	55 000	55 000
Total Fixed Assets	774 000	1 231 000	1 043 000	493 000
Stock	1 253 000	1 043 000	1 226 000	1 453 000
Total Investments	0	0	0	0
Cash, Bank	463 000	372 000	554 000	366 000
Total Current Assets	9 052 000	3 839 000	3 908 000	7 395 000
Total Assets	9 826 000	5 071 000	4 950 000	7 888 000
Total Equity	635 000	63 000	1 071 000	2 438 000
Short-Term Group Debt	4 386 000	1 948 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 221 000	925 000	2 072 000	658 000
Unpaid Taxes	701 000	564 000	490 000	684 000
Dividends	0	0	0	0
Other Current Debt	1 884 000	1 570 000	1 317 000	1 296 000
Total Current Debt	9 191 000	5 008 000	3 879 000	5 450 000
Total Equity and Debt	9 826 000	5 071 000	4 950 000	7 888 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−524,09 %	−2 838,1 %	−127,73 %	−30,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−14,04 %	−10,04 %	−8,01 %	−3,33 %
Current Ratio	0,98	0,77	1,01	1,36
Quick Ratio	1,14	0,97	1,47	1,85
Equity Ratio	0,06	0,01	0,22	0,31
Gross Profit Margin	74,19 %	77,75 %	78,54 %	77,91 %