ÅLESUND LAGERHOTELL AS

6013 ÅLESUND

Finances

Share Ownership

Return on Equity

29,61 %

Current Ratio

1,12

Debt-to-Equity Ratio

2,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 635 000	2 915 000	2 068 000	1 942 000
Net Income	1 343 000	1 040 000	389 000	550 000
Total Assets	19 340 000	19 792 000	18 492 000	18 107 000
Total Equity	4 535 000	2 987 000	1 974 000	1 609 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 635 000	2 915 000	2 068 000	1 942 000
Expenditure	1 381 000	1 152 000	1 040 000	646 000
Operating Profit	2 253 000	1 763 000	1 029 000	1 297 000
Financial Income	4 000	1 000	0	1 000
Financial Costs	535 000	430 000	531 000	593 000
Financial Balance	−531 000	−429 000	−531 000	−592 000
Earnings Before Tax	1 722 000	1 334 000	498 000	705 000
Tax	379 000	293 000	110 000	155 000
Net Income	1 343 000	1 040 000	389 000	550 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 963 000	19 058 000	17 769 000	17 475 000
Total Current Assets	1 377 000	734 000	723 000	633 000
Total Assets	19 340 000	19 792 000	18 492 000	18 107 000
Total Retained Equity	4 197 000	2 887 000	1 874 000	1 509 000
Total Equity	4 535 000	2 987 000	1 974 000	1 609 000
Total Long-Term Debt	13 576 000	14 720 000	14 641 000	15 346 000
Total Current Debt	1 229 000	2 085 000	1 878 000	1 152 000
Total Equity and Debt	19 340 000	19 792 000	18 492 000	18 107 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 000	−54 000	143 000	0
Other Income	3 592 000	2 969 000	1 925 000	1 942 000
Revenue	3 635 000	2 915 000	2 068 000	1 942 000
Cost of Goods Sold	1 000	6 000	0	0
Salary Costs	0	0	0	0
Depreciation	980 000	620 000	535 000	466 000
Impairment	0	0	0	0
Expenditure	1 381 000	1 152 000	1 040 000	646 000
Operating Profit	2 253 000	1 763 000	1 029 000	1 297 000
Financial Income	4 000	1 000	0	1 000
Financial Costs	535 000	430 000	531 000	593 000
Financial Balance	−531 000	−429 000	−531 000	−592 000
Dividends	0	0	0	0
Net Income	1 343 000	1 040 000	389 000	550 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	17 635 000	18 749 000	17 769 000	17 475 000
Machinery and Plant Facilities	143 000	127 000	0	0
Fixtures	185 000	182 000	0	0
Total Tangible Assets	17 963 000	19 058 000	17 769 000	17 475 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 963 000	19 058 000	17 769 000	17 475 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 071 000	252 000	434 000	609 000
Total Current Assets	1 377 000	734 000	723 000	633 000
Total Assets	19 340 000	19 792 000	18 492 000	18 107 000
Total Equity	4 535 000	2 987 000	1 974 000	1 609 000
Short-Term Group Debt	0	0	1 209 000	479 000
Total Long-Term Debt	13 576 000	14 720 000	14 641 000	15 346 000
Creditors	27 000	154 000	538 000	300 000
Unpaid Taxes	563 000	1 634 000	0	13 000
Dividends	0	0	0	0
Other Current Debt	58 000	37 000	38 000	244 000
Total Current Debt	1 229 000	2 085 000	1 878 000	1 152 000
Total Equity and Debt	19 340 000	19 792 000	18 492 000	18 107 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,61 %	34,82 %	19,71 %	34,18 %
Debt-to-Equity Ratio	2,99	4,93	7,42	9,54
Operating Profit Margin	61,98 %	60,48 %	49,76 %	66,79 %
Current Ratio	1,12	0,35	0,38	0,55
Quick Ratio	1,12	0,35	0,38	0,55
Equity Ratio	0,23	0,15	0,11	0,09
Gross Profit Margin	99,97 %	99,79 %	100 %	100 %