GRONG HOTELL AS

7870 GRONG

Finances

Share Ownership

Return on Equity

50,07 %

Current Ratio

2,37

Debt-to-Equity Ratio

1,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 939 000	10 958 000	9 640 000	11 588 000
Net Income	1 380 000	580 000	658 000	876 000
Total Assets	7 940 000	7 534 000	6 556 000	6 951 000
Total Equity	2 756 000	2 606 000	2 025 000	1 668 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 939 000	10 958 000	9 640 000	11 588 000
Expenditure	10 080 000	10 056 000	8 585 000	10 251 000
Operating Profit	1 859 000	901 000	1 056 000	1 336 000
Financial Income	77 000	3 000	3 000	3 000
Financial Costs	167 000	160 000	213 000	216 000
Financial Balance	−90 000	−157 000	−210 000	−213 000
Earnings Before Tax	1 769 000	745 000	845 000	1 124 000
Tax	389 000	164 000	188 000	248 000
Net Income	1 380 000	580 000	658 000	876 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 729 000	3 884 000	4 189 000	4 502 000
Total Current Assets	4 211 000	3 650 000	2 368 000	2 449 000
Total Assets	7 940 000	7 534 000	6 556 000	6 951 000
Total Retained Equity	2 061 000	1 611 000	1 031 000	673 000
Total Equity	2 756 000	2 606 000	2 025 000	1 668 000
Total Long-Term Debt	3 404 000	3 681 000	3 724 000	3 931 000
Total Current Debt	1 780 000	1 247 000	807 000	1 353 000
Total Equity and Debt	7 940 000	7 534 000	6 556 000	6 951 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 847 000	10 825 000	9 468 000	11 588 000
Other Income	92 000	132 000	172 000	0
Revenue	11 939 000	10 958 000	9 640 000	11 588 000
Cost of Goods Sold	1 989 000	1 938 000	1 903 000	3 130 000
Salary Costs	4 028 000	4 138 000	3 681 000	4 160 000
Depreciation	344 000	344 000	337 000	320 000
Impairment	0	0	0	0
Expenditure	10 080 000	10 056 000	8 585 000	10 251 000
Operating Profit	1 859 000	901 000	1 056 000	1 336 000
Financial Income	77 000	3 000	3 000	3 000
Financial Costs	167 000	160 000	213 000	216 000
Financial Balance	−90 000	−157 000	−210 000	−213 000
Dividends	0	0	0	0
Net Income	1 380 000	580 000	658 000	876 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	21 000	0	0
Real Eastate	3 424 000	3 485 000	3 698 000	3 911 000
Machinery and Plant Facilities	6 000	8 000	9 000	11 000
Fixtures	240 000	369 000	481 000	580 000
Total Tangible Assets	3 669 000	3 862 000	4 189 000	4 502 000
Total Fiancial Fixed Assets	1 000	1 000	0	0
Total Fixed Assets	3 729 000	3 884 000	4 189 000	4 502 000
Stock	174 000	182 000	202 000	290 000
Total Investments	0	0	0	0
Cash, Bank	2 904 000	2 229 000	1 001 000	1 356 000
Total Current Assets	4 211 000	3 650 000	2 368 000	2 449 000
Total Assets	7 940 000	7 534 000	6 556 000	6 951 000
Total Equity	2 756 000	2 606 000	2 025 000	1 668 000
Short-Term Group Debt	167 000	0	0	0
Total Long-Term Debt	3 404 000	3 681 000	3 724 000	3 931 000
Creditors	278 000	366 000	140 000	531 000
Unpaid Taxes	196 000	227 000	87 000	180 000
Dividends	0	0	0	0
Other Current Debt	750 000	450 000	368 000	494 000
Total Current Debt	1 780 000	1 247 000	807 000	1 353 000
Total Equity and Debt	7 940 000	7 534 000	6 556 000	6 951 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,07 %	22,26 %	32,49 %	52,52 %
Debt-to-Equity Ratio	1,24	1,41	1,84	2,36
Operating Profit Margin	15,57 %	8,22 %	10,95 %	11,53 %
Current Ratio	2,37	2,93	2,93	1,81
Quick Ratio	2,62	3,43	3,91	2,3
Equity Ratio	0,35	0,35	0,31	0,24
Gross Profit Margin	83,34 %	82,31 %	80,26 %	72,99 %