HERANGTUNET BOUTIQUE HOTEL NORWAY AS

2940 HEGGENES

Finances

Return on Equity

22,88 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 805 000	8 443 000	7 552 000	6 795 000
Net Income	868 000	1 276 000	1 752 000	1 476 000
Total Assets	5 543 000	4 244 000	7 725 000	5 740 000
Total Equity	3 793 000	2 925 000	4 194 000	2 441 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 805 000	8 443 000	7 552 000	6 795 000
Expenditure	7 720 000	6 822 000	5 240 000	4 822 000
Operating Profit	1 084 000	1 621 000	2 312 000	1 973 000
Financial Income	38 000	17 000	16 000	7 000
Financial Costs	1 000	2 000	80 000	88 000
Financial Balance	37 000	15 000	−64 000	−81 000
Earnings Before Tax	1 121 000	1 636 000	2 248 000	1 893 000
Tax	253 000	360 000	495 000	417 000
Net Income	868 000	1 276 000	1 752 000	1 476 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 493 000	2 146 000	2 360 000	2 454 000
Total Current Assets	3 050 000	2 098 000	5 365 000	3 286 000
Total Assets	5 543 000	4 244 000	7 725 000	5 740 000
Total Retained Equity	3 737 000	2 869 000	4 163 000	2 410 000
Total Equity	3 793 000	2 925 000	4 194 000	2 441 000
Total Long-Term Debt	0	0	1 982 000	2 132 000
Total Current Debt	1 750 000	1 318 000	1 549 000	1 166 000
Total Equity and Debt	5 543 000	4 244 000	7 725 000	5 740 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 655 000	8 447 000	7 426 000	6 369 000
Other Income	150 000	−4 000	127 000	427 000
Revenue	8 805 000	8 443 000	7 552 000	6 795 000
Cost of Goods Sold	1 449 000	1 538 000	1 139 000	825 000
Salary Costs	3 319 000	2 565 000	1 579 000	2 152 000
Depreciation	37 000	33 000	218 000	222 000
Impairment	0	0	0	0
Expenditure	7 720 000	6 822 000	5 240 000	4 822 000
Operating Profit	1 084 000	1 621 000	2 312 000	1 973 000
Financial Income	38 000	17 000	16 000	7 000
Financial Costs	1 000	2 000	80 000	88 000
Financial Balance	37 000	15 000	−64 000	−81 000
Dividends	0	2 300 000	0	0
Net Income	868 000	1 276 000	1 752 000	1 476 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	23 000	54 000	43 000
Real Eastate	0	0	1 970 000	2 089 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	143 000	157 000	112 000	100 000
Total Tangible Assets	143 000	157 000	2 082 000	2 189 000
Total Fiancial Fixed Assets	2 334 000	1 966 000	224 000	223 000
Total Fixed Assets	2 493 000	2 146 000	2 360 000	2 454 000
Stock	151 000	186 000	242 000	269 000
Total Investments	0	0	41 000	41 000
Cash, Bank	2 648 000	1 548 000	4 603 000	2 699 000
Total Current Assets	3 050 000	2 098 000	5 365 000	3 286 000
Total Assets	5 543 000	4 244 000	7 725 000	5 740 000
Total Equity	3 793 000	2 925 000	4 194 000	2 441 000
Short-Term Group Debt	3 000	1 000	40 000	33 000
Total Long-Term Debt	0	0	1 982 000	2 132 000
Creditors	434 000	286 000	363 000	251 000
Unpaid Taxes	182 000	202 000	156 000	189 000
Dividends	0	2 300 000	0	0
Other Current Debt	884 000	468 000	483 000	271 000
Total Current Debt	1 750 000	1 318 000	1 549 000	1 166 000
Total Equity and Debt	5 543 000	4 244 000	7 725 000	5 740 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,88 %	43,62 %	41,77 %	60,47 %
Debt-to-Equity Ratio	0	0	0,47	0,87
Operating Profit Margin	12,31 %	19,2 %	30,61 %	29,04 %
Current Ratio	1,74	1,59	3,46	2,82
Quick Ratio	1,91	1,85	4,1	3,66
Equity Ratio	0,68	0,69	0,54	0,43
Gross Profit Margin	83,54 %	81,78 %	84,92 %	87,86 %