GRAND HOTEL LARVIK AS

3256 LARVIK

Finances

Share Ownership

Return on Equity

255,11 %

Current Ratio

0,61

Debt-to-Equity Ratio

−2,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 255 000	11 424 000	25 934 000	34 355 000
Net Income	−5 786 000	−5 541 000	−4 179 000	−1 978 000
Total Assets	14 653 000	5 853 000	7 953 000	4 776 000
Total Equity	−2 268 000	−9 279 000	−3 738 000	441 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 255 000	11 424 000	25 934 000	34 355 000
Expenditure	48 650 000	18 499 000	31 257 000	36 831 000
Operating Profit	−7 395 000	−7 074 000	−5 323 000	−2 476 000
Financial Income	3 000	0	0	1 000
Financial Costs	27 000	19 000	26 000	24 000
Financial Balance	−24 000	−19 000	−26 000	−23 000
Earnings Before Tax	−7 419 000	−7 093 000	−5 349 000	−2 499 000
Tax	−1 633 000	−1 551 000	−1 170 000	−521 000
Net Income	−5 786 000	−5 541 000	−4 179 000	−1 978 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 312 000	4 228 000	2 686 000	1 992 000
Total Current Assets	7 340 000	1 625 000	5 267 000	2 785 000
Total Assets	14 653 000	5 853 000	7 953 000	4 776 000
Total Retained Equity	−5 884 000	−12 824 000	−7 283 000	−3 104 000
Total Equity	−2 268 000	−9 279 000	−3 738 000	441 000
Total Long-Term Debt	4 805 000	12 803 000	8 840 000	38 000
Total Current Debt	12 115 000	2 330 000	2 851 000	4 297 000
Total Equity and Debt	14 653 000	5 853 000	7 953 000	4 776 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 255 000	11 424 000	25 934 000	34 355 000
Other Income	0	0	0	0
Revenue	41 255 000	11 424 000	25 934 000	34 355 000
Cost of Goods Sold	7 153 000	4 222 000	6 666 000	8 146 000
Salary Costs	19 967 000	7 264 000	13 016 000	17 465 000
Depreciation	301 000	423 000	520 000	480 000
Impairment	0	0	0	0
Expenditure	48 650 000	18 499 000	31 257 000	36 831 000
Operating Profit	−7 395 000	−7 074 000	−5 323 000	−2 476 000
Financial Income	3 000	0	0	1 000
Financial Costs	27 000	19 000	26 000	24 000
Financial Balance	−24 000	−19 000	−26 000	−23 000
Dividends	0	0	0	0
Net Income	−5 786 000	−5 541 000	−4 179 000	−1 978 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 077 000	3 444 000	1 892 000	723 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 235 000	784 000	794 000	1 269 000
Total Tangible Assets	2 235 000	784 000	794 000	1 269 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 312 000	4 228 000	2 686 000	1 992 000
Stock	984 000	293 000	280 000	611 000
Total Investments	0	0	0	0
Cash, Bank	2 673 000	494 000	3 965 000	487 000
Total Current Assets	7 340 000	1 625 000	5 267 000	2 785 000
Total Assets	14 653 000	5 853 000	7 953 000	4 776 000
Total Equity	−2 268 000	−9 279 000	−3 738 000	441 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 805 000	12 803 000	8 840 000	38 000
Creditors	5 609 000	485 000	556 000	1 043 000
Unpaid Taxes	2 789 000	745 000	837 000	1 283 000
Dividends	0	0	0	0
Other Current Debt	3 718 000	822 000	1 459 000	1 944 000
Total Current Debt	12 115 000	2 330 000	2 851 000	4 297 000
Total Equity and Debt	14 653 000	5 853 000	7 953 000	4 776 000

Financial indicators	2022	2021	2020	2019
Return on Equity	255,11 %	59,72 %	111,8 %	−448,53 %
Debt-to-Equity Ratio	−2,12	−1,38	−2,36	0,09
Operating Profit Margin	−17,93 %	−61,92 %	−20,53 %	−7,21 %
Current Ratio	0,61	0,7	1,85	0,65
Quick Ratio	0,66	0,8	2,05	0,76
Equity Ratio	−0,15	−1,59	−0,47	0,09
Gross Profit Margin	82,66 %	63,04 %	74,3 %	76,29 %