HORTEN HOTELL EIENDOM AS

3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

67,32 %

Current Ratio

0,23

Debt-to-Equity Ratio

14,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 221 000	7 488 000	7 434 000	7 314 000
Net Income	3 929 000	2 861 000	2 926 000	2 645 000
Total Assets	94 020 000	42 853 000	44 309 000	45 097 000
Total Equity	5 836 000	5 919 000	5 721 000	5 495 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 221 000	7 488 000	7 434 000	7 314 000
Expenditure	2 070 000	2 826 000	2 692 000	2 384 000
Operating Profit	6 151 000	4 662 000	4 743 000	4 930 000
Financial Income	2 309 000	2 000	36 000	35 000
Financial Costs	3 423 000	996 000	1 028 000	1 575 000
Financial Balance	−1 114 000	−994 000	−992 000	−1 540 000
Earnings Before Tax	5 037 000	3 668 000	3 751 000	3 391 000
Tax	1 108 000	807 000	825 000	746 000
Net Income	3 929 000	2 861 000	2 926 000	2 645 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	92 705 000	42 518 000	43 337 000	44 493 000
Total Current Assets	1 315 000	336 000	972 000	604 000
Total Assets	94 020 000	42 853 000	44 309 000	45 097 000
Total Retained Equity	1 639 000	1 723 000	1 525 000	1 299 000
Total Equity	5 836 000	5 919 000	5 721 000	5 495 000
Total Long-Term Debt	82 464 000	3 903 000	33 362 000	33 765 000
Total Current Debt	5 720 000	33 032 000	5 227 000	5 837 000
Total Equity and Debt	94 020 000	42 853 000	44 309 000	45 097 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 221 000	7 488 000	7 434 000	7 314 000
Other Income	0	0	0	0
Revenue	8 221 000	7 488 000	7 434 000	7 314 000
Cost of Goods Sold	82 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 508 000	1 508 000	1 465 000	1 465 000
Impairment	0	0	0	0
Expenditure	2 070 000	2 826 000	2 692 000	2 384 000
Operating Profit	6 151 000	4 662 000	4 743 000	4 930 000
Financial Income	2 309 000	2 000	36 000	35 000
Financial Costs	3 423 000	996 000	1 028 000	1 575 000
Financial Balance	−1 114 000	−994 000	−992 000	−1 540 000
Dividends	0	0	0	0
Net Income	3 929 000	2 861 000	2 926 000	2 645 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	44 095 000	41 185 000	42 358 000	43 327 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 117 000	1 333 000	979 000	1 166 000
Total Tangible Assets	45 212 000	42 518 000	43 337 000	44 493 000
Total Fiancial Fixed Assets	47 493 000	0	0	0
Total Fixed Assets	92 705 000	42 518 000	43 337 000	44 493 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 115 000	280 000	774 000	519 000
Total Current Assets	1 315 000	336 000	972 000	604 000
Total Assets	94 020 000	42 853 000	44 309 000	45 097 000
Total Equity	5 836 000	5 919 000	5 721 000	5 495 000
Short-Term Group Debt	5 070 000	32 719 000	4 962 000	5 503 000
Total Long-Term Debt	82 464 000	3 903 000	33 362 000	33 765 000
Creditors	367 000	28 000	5 000	133 000
Unpaid Taxes	213 000	284 000	260 000	200 000
Dividends	0	0	0	0
Other Current Debt	70 000	0	0	0
Total Current Debt	5 720 000	33 032 000	5 227 000	5 837 000
Total Equity and Debt	94 020 000	42 853 000	44 309 000	45 097 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,32 %	48,34 %	51,14 %	48,13 %
Debt-to-Equity Ratio	14,13	0,66	5,83	6,14
Operating Profit Margin	74,82 %	62,26 %	63,8 %	67,4 %
Current Ratio	0,23	0,01	0,19	0,1
Quick Ratio	0,23	0,01	0,19	0,1
Equity Ratio	0,06	0,14	0,13	0,12
Gross Profit Margin	99 %	100 %	100 %	100 %