CORNER HOTELL AS

8900 BRØNNØYSUND

Finances

Share Ownership

Return on Equity

0,95 %

Current Ratio

3,61

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 492 000	3 993 000	4 128 000	4 044 000
Net Income	36 000	872 000	1 096 000	816 000
Total Assets	8 864 000	8 908 000	9 237 000	9 947 000
Total Equity	3 794 000	3 758 000	3 787 000	3 290 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 492 000	3 993 000	4 128 000	4 044 000
Expenditure	3 207 000	2 695 000	2 518 000	2 782 000
Operating Profit	284 000	1 297 000	1 610 000	1 263 000
Financial Income	0	1 000	6 000	11 000
Financial Costs	228 000	176 000	210 000	228 000
Financial Balance	−228 000	−175 000	−204 000	−217 000
Earnings Before Tax	57 000	1 122 000	1 405 000	1 046 000
Tax	21 000	250 000	309 000	230 000
Net Income	36 000	872 000	1 096 000	816 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 944 000	7 939 000	8 202 000	8 531 000
Total Current Assets	920 000	969 000	1 035 000	1 417 000
Total Assets	8 864 000	8 908 000	9 237 000	9 947 000
Total Retained Equity	3 694 000	3 658 000	3 687 000	3 190 000
Total Equity	3 794 000	3 758 000	3 787 000	3 290 000
Total Long-Term Debt	4 814 000	4 572 000	4 882 000	6 155 000
Total Current Debt	255 000	577 000	568 000	502 000
Total Equity and Debt	8 864 000	8 908 000	9 237 000	9 947 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	278 000	284 000	298 000	278 000
Other Income	3 213 000	3 709 000	3 830 000	3 767 000
Revenue	3 492 000	3 993 000	4 128 000	4 044 000
Cost of Goods Sold	192 000	149 000	144 000	108 000
Salary Costs	1 315 000	1 161 000	991 000	1 079 000
Depreciation	325 000	324 000	328 000	327 000
Impairment	0	0	0	0
Expenditure	3 207 000	2 695 000	2 518 000	2 782 000
Operating Profit	284 000	1 297 000	1 610 000	1 263 000
Financial Income	0	1 000	6 000	11 000
Financial Costs	228 000	176 000	210 000	228 000
Financial Balance	−228 000	−175 000	−204 000	−217 000
Dividends	0	900 000	600 000	600 000
Net Income	36 000	872 000	1 096 000	816 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 758 000	7 729 000	7 945 000	8 225 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	186 000	210 000	257 000	306 000
Total Tangible Assets	7 944 000	7 939 000	8 202 000	8 531 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 944 000	7 939 000	8 202 000	8 531 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	628 000	700 000	803 000	883 000
Total Current Assets	920 000	969 000	1 035 000	1 417 000
Total Assets	8 864 000	8 908 000	9 237 000	9 947 000
Total Equity	3 794 000	3 758 000	3 787 000	3 290 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 814 000	4 572 000	4 882 000	6 155 000
Creditors	−4 000	39 000	29 000	33 000
Unpaid Taxes	110 000	123 000	80 000	89 000
Dividends	0	900 000	600 000	600 000
Other Current Debt	141 000	184 000	177 000	189 000
Total Current Debt	255 000	577 000	568 000	502 000
Total Equity and Debt	8 864 000	8 908 000	9 237 000	9 947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,95 %	23,2 %	28,94 %	24,8 %
Debt-to-Equity Ratio	1,27	1,22	1,29	1,87
Operating Profit Margin	8,13 %	32,48 %	39 %	31,23 %
Current Ratio	3,61	1,68	1,82	2,82
Quick Ratio	3,61	1,68	1,82	2,82
Equity Ratio	0,43	0,42	0,41	0,33
Gross Profit Margin	94,5 %	96,27 %	96,51 %	97,33 %