OLAVSGAARD HOTELL EIENDOM AS

2013 SKJETTEN

Finances

Return on Equity

28,54 %

Current Ratio

Debt-to-Equity Ratio

12,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 707 000	12 514 000	11 980 000	11 980 000
Net Income	3 216 000	3 405 000	3 093 000	854 000
Total Assets	178 196 000	118 418 000	123 362 000	128 113 000
Total Equity	11 269 000	11 053 000	13 647 000	15 614 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 707 000	12 514 000	11 980 000	11 980 000
Expenditure	5 179 000	4 967 000	5 008 000	7 893 000
Operating Profit	7 528 000	7 546 000	6 972 000	4 087 000
Financial Income	2 654 000	1 000	2 000	2 000
Financial Costs	6 058 000	3 181 000	3 009 000	2 995 000
Financial Balance	−3 404 000	−3 180 000	−3 007 000	−2 993 000
Earnings Before Tax	4 124 000	4 366 000	3 966 000	1 094 000
Tax	908 000	960 000	872 000	241 000
Net Income	3 216 000	3 405 000	3 093 000	854 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	178 159 000	114 189 000	118 389 000	122 589 000
Total Current Assets	37 000	4 228 000	4 973 000	5 524 000
Total Assets	178 196 000	118 418 000	123 362 000	128 113 000
Total Retained Equity	216 000	8 553 000	11 147 000	0
Total Equity	11 269 000	11 053 000	13 647 000	15 614 000
Total Long-Term Debt	144 853 000	86 001 000	93 175 000	79 327 000
Total Current Debt	22 074 000	21 364 000	16 541 000	33 173 000
Total Equity and Debt	178 196 000	118 418 000	123 362 000	128 113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	11 980 000
Other Income	12 707 000	12 514 000	11 980 000	0
Revenue	12 707 000	12 514 000	11 980 000	11 980 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 253 000	4 200 000	4 200 000	4 200 000
Impairment	0	0	0	0
Expenditure	5 179 000	4 967 000	5 008 000	7 893 000
Operating Profit	7 528 000	7 546 000	6 972 000	4 087 000
Financial Income	2 654 000	1 000	2 000	2 000
Financial Costs	6 058 000	3 181 000	3 009 000	2 995 000
Financial Balance	−3 404 000	−3 180 000	−3 007 000	−2 993 000
Dividends	3 000 000	6 000 000	3 000 000	0
Net Income	3 216 000	3 405 000	3 093 000	854 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	48 157 000	50 299 000	54 499 000	58 699 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	48 157 000	50 299 000	54 499 000	58 699 000
Total Fiancial Fixed Assets	130 003 000	63 890 000	63 890 000	63 890 000
Total Fixed Assets	178 159 000	114 189 000	118 389 000	122 589 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	37 000	52 000	7 000	37 000
Total Current Assets	37 000	4 228 000	4 973 000	5 524 000
Total Assets	178 196 000	118 418 000	123 362 000	128 113 000
Total Equity	11 269 000	11 053 000	13 647 000	15 614 000
Short-Term Group Debt	16 684 000	6 000	0	9 383 000
Total Long-Term Debt	144 853 000	86 001 000	93 175 000	79 327 000
Creditors	47 000	74 000	177 000	680 000
Unpaid Taxes	0	0	0	0
Dividends	3 000 000	6 000 000	3 000 000	0
Other Current Debt	766 000	793 000	3 456 000	18 074 000
Total Current Debt	22 074 000	21 364 000	16 541 000	33 173 000
Total Equity and Debt	178 196 000	118 418 000	123 362 000	128 113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,54 %	30,81 %	22,66 %	5,47 %
Debt-to-Equity Ratio	12,85	7,78	6,83	5,08
Operating Profit Margin	59,24 %	60,3 %	58,2 %	34,12 %
Current Ratio	0	0,2	0,3	0,17
Quick Ratio	0	0,2	0,3	0,17
Equity Ratio	0,06	0,09	0,11	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %