GARDERMOEN AIRPORT HOTEL AS

2060 GARDERMOEN

Finances

Return on Equity

72,31 %

Current Ratio

2,69

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2021	2020	2019	2018
Revenue	80 725 000	32 864 000	64 663 000	60 243 000
Net Income	14 653 000	−5 070 000	3 351 000	2 583 000
Total Assets	45 339 000	24 070 000	15 062 000	14 873 000
Total Equity	20 263 000	5 610 000	5 451 000	4 543 000

Income (NOK)	2021	2020	2019	2018
Revenue	80 725 000	32 864 000	64 663 000	60 243 000
Expenditure	62 373 000	39 382 000	60 361 000	56 861 000
Operating Profit	18 351 000	−6 519 000	4 302 000	3 382 000
Financial Income	830 000	81 000	8 000	4 000
Financial Costs	430 000	57 000	3 000	2 000
Financial Balance	400 000	24 000	5 000	2 000
Earnings Before Tax	18 751 000	−6 494 000	4 308 000	3 383 000
Tax	4 098 000	−1 424 000	957 000	801 000
Net Income	14 653 000	−5 070 000	3 351 000	2 583 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	4 234 000	3 217 000	2 560 000	945 000
Total Current Assets	41 104 000	20 852 000	12 502 000	13 929 000
Total Assets	45 339 000	24 070 000	15 062 000	14 873 000
Total Retained Equity	12 934 000	−1 719 000	3 351 000	1 725 000
Total Equity	20 263 000	5 610 000	5 451 000	4 543 000
Total Long-Term Debt	9 792 000	9 430 000	0	0
Total Current Debt	15 284 000	9 029 000	9 611 000	10 330 000
Total Equity and Debt	45 339 000	24 070 000	15 062 000	14 873 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	41 180 000	21 953 000	63 632 000	59 413 000
Other Income	39 545 000	10 910 000	1 031 000	829 000
Revenue	80 725 000	32 864 000	64 663 000	60 243 000
Cost of Goods Sold	4 021 000	3 359 000	7 243 000	7 903 000
Salary Costs	10 341 000	10 341 000	22 466 000	20 740 000
Depreciation	705 000	490 000	545 000	339 000
Impairment	0	0	0	0
Expenditure	62 373 000	39 382 000	60 361 000	56 861 000
Operating Profit	18 351 000	−6 519 000	4 302 000	3 382 000
Financial Income	830 000	81 000	8 000	4 000
Financial Costs	430 000	57 000	3 000	2 000
Financial Balance	400 000	24 000	5 000	2 000
Dividends	0	0	2 443 000	0
Net Income	14 653 000	−5 070 000	3 351 000	2 583 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	115 000	166 000	216 000
Real Eastate	205 000	132 000	132 000	90 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 999 000	2 970 000	2 263 000	638 000
Total Tangible Assets	4 204 000	3 102 000	2 394 000	728 000
Total Fiancial Fixed Assets	30 000	0	0	0
Total Fixed Assets	4 234 000	3 217 000	2 560 000	945 000
Stock	193 000	247 000	430 000	337 000
Total Investments	708 000	0	0	0
Cash, Bank	5 342 000	2 716 000	7 558 000	9 861 000
Total Current Assets	41 104 000	20 852 000	12 502 000	13 929 000
Total Assets	45 339 000	24 070 000	15 062 000	14 873 000
Total Equity	20 263 000	5 610 000	5 451 000	4 543 000
Short-Term Group Debt	0	0	0	1 561 000
Total Long-Term Debt	9 792 000	9 430 000	0	0
Creditors	8 228 000	7 094 000	2 781 000	3 390 000
Unpaid Taxes	747 000	620 000	1 336 000	1 275 000
Dividends	0	0	2 443 000	0
Other Current Debt	2 329 000	1 315 000	2 145 000	2 478 000
Total Current Debt	15 284 000	9 029 000	9 611 000	10 330 000
Total Equity and Debt	45 339 000	24 070 000	15 062 000	14 873 000

Financial indicators	2021	2020	2019	2018
Return on Equity	72,31 %	−90,37 %	61,47 %	56,86 %
Debt-to-Equity Ratio	0,48	1,68	0	0
Operating Profit Margin	22,73 %	−19,84 %	6,65 %	5,61 %
Current Ratio	2,69	2,31	1,3	1,35
Quick Ratio	2,72	2,37	1,36	1,39
Equity Ratio	0,45	0,23	0,36	0,31
Gross Profit Margin	95,02 %	89,78 %	88,8 %	86,88 %