GRAND HOTELL FLEKKEFJORD AS

4400 FLEKKEFJORD

Finances

Return on Equity

16,47 %

Current Ratio

0,43

Debt-to-Equity Ratio

1,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 190 000	15 967 000	12 925 000	16 723 000
Net Income	289 000	30 000	−589 000	141 000
Total Assets	10 213 000	6 852 000	7 972 000	9 173 000
Total Equity	1 755 000	1 466 000	1 436 000	2 025 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 190 000	15 967 000	12 925 000	16 723 000
Expenditure	19 549 000	15 697 000	13 379 000	16 117 000
Operating Profit	641 000	269 000	−454 000	606 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	270 000	231 000	302 000	428 000
Financial Balance	−269 000	−231 000	−301 000	−426 000
Earnings Before Tax	372 000	39 000	−755 000	180 000
Tax	83 000	9 000	−166 000	40 000
Net Income	289 000	30 000	−589 000	141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 734 000	5 331 000	6 231 000	7 022 000
Total Current Assets	2 479 000	1 522 000	1 741 000	2 151 000
Total Assets	10 213 000	6 852 000	7 972 000	9 173 000
Total Retained Equity	585 000	296 000	266 000	855 000
Total Equity	1 755 000	1 466 000	1 436 000	2 025 000
Total Long-Term Debt	2 732 000	2 582 000	3 305 000	3 032 000
Total Current Debt	5 726 000	2 804 000	3 230 000	4 116 000
Total Equity and Debt	10 213 000	6 852 000	7 972 000	9 173 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 853 000	14 980 000	11 913 000	16 597 000
Other Income	337 000	986 000	1 013 000	126 000
Revenue	20 190 000	15 967 000	12 925 000	16 723 000
Cost of Goods Sold	4 304 000	3 209 000	2 371 000	3 397 000
Salary Costs	8 494 000	7 199 000	6 599 000	7 406 000
Depreciation	788 000	608 000	605 000	598 000
Impairment	0	0	0	0
Expenditure	19 549 000	15 697 000	13 379 000	16 117 000
Operating Profit	641 000	269 000	−454 000	606 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	270 000	231 000	302 000	428 000
Financial Balance	−269 000	−231 000	−301 000	−426 000
Dividends	0	0	0	0
Net Income	289 000	30 000	−589 000	141 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 808 000	1 348 000	1 859 000	2 460 000
Fixtures	387 000	109 000	23 000	27 000
Total Tangible Assets	3 195 000	1 457 000	1 882 000	2 486 000
Total Fiancial Fixed Assets	4 538 000	3 874 000	4 349 000	4 536 000
Total Fixed Assets	7 734 000	5 331 000	6 231 000	7 022 000
Stock	570 000	523 000	427 000	462 000
Total Investments	0	0	0	0
Cash, Bank	548 000	302 000	203 000	389 000
Total Current Assets	2 479 000	1 522 000	1 741 000	2 151 000
Total Assets	10 213 000	6 852 000	7 972 000	9 173 000
Total Equity	1 755 000	1 466 000	1 436 000	2 025 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 732 000	2 582 000	3 305 000	3 032 000
Creditors	1 026 000	236 000	504 000	451 000
Unpaid Taxes	1 363 000	829 000	693 000	1 660 000
Dividends	0	0	0	0
Other Current Debt	1 884 000	1 084 000	1 028 000	1 133 000
Total Current Debt	5 726 000	2 804 000	3 230 000	4 116 000
Total Equity and Debt	10 213 000	6 852 000	7 972 000	9 173 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,47 %	2,05 %	−41,02 %	6,96 %
Debt-to-Equity Ratio	1,56	1,76	2,3	1,5
Operating Profit Margin	3,17 %	1,68 %	−3,51 %	3,62 %
Current Ratio	0,43	0,54	0,54	0,52
Quick Ratio	0,48	0,67	0,62	0,59
Equity Ratio	0,17	0,21	0,18	0,22
Gross Profit Margin	78,68 %	79,9 %	81,66 %	79,69 %