GLOPPEN HOTELL EIGEDOM AS

6419 MOLDE

Finances

Share Ownership

Return on Equity

30,5 %

Current Ratio

0,98

Debt-to-Equity Ratio

2,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 683 000	5 297 000	5 259 000	5 000 000
Net Income	2 288 000	2 110 000	1 667 000	1 508 000
Total Assets	29 698 000	28 905 000	29 866 000	30 492 000
Total Equity	7 501 000	7 415 000	7 397 000	7 363 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 683 000	5 297 000	5 259 000	5 000 000
Expenditure	1 964 000	2 002 000	2 460 000	2 147 000
Operating Profit	3 718 000	3 295 000	2 800 000	2 853 000
Financial Income	36 000	14 000	13 000	16 000
Financial Costs	842 000	625 000	695 000	957 000
Financial Balance	−806 000	−611 000	−682 000	−941 000
Earnings Before Tax	2 912 000	2 684 000	2 117 000	1 912 000
Tax	624 000	574 000	449 000	404 000
Net Income	2 288 000	2 110 000	1 667 000	1 508 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 683 000	27 382 000	28 200 000	29 467 000
Total Current Assets	3 014 000	1 523 000	1 667 000	1 025 000
Total Assets	29 698 000	28 905 000	29 866 000	30 492 000
Total Retained Equity	4 272 000	4 186 000	4 168 000	4 134 000
Total Equity	7 501 000	7 415 000	7 397 000	7 363 000
Total Long-Term Debt	19 107 000	18 580 000	19 881 000	21 331 000
Total Current Debt	3 090 000	2 910 000	2 589 000	1 799 000
Total Equity and Debt	29 698 000	28 905 000	29 866 000	30 492 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 566 000	5 297 000	5 259 000	0
Other Income	117 000	0	0	5 000 000
Revenue	5 683 000	5 297 000	5 259 000	5 000 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 243 000	1 250 000	1 267 000	1 313 000
Impairment	0	0	0	0
Expenditure	1 964 000	2 002 000	2 460 000	2 147 000
Operating Profit	3 718 000	3 295 000	2 800 000	2 853 000
Financial Income	36 000	14 000	13 000	16 000
Financial Costs	842 000	625 000	695 000	957 000
Financial Balance	−806 000	−611 000	−682 000	−941 000
Dividends	0	0	0	0
Net Income	2 288 000	2 110 000	1 667 000	1 508 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	25 165 000	26 177 000	27 162 000	28 241 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 503 000	1 190 000	1 023 000	1 210 000
Total Tangible Assets	26 668 000	27 366 000	28 184 000	29 451 000
Total Fiancial Fixed Assets	16 000	16 000	16 000	16 000
Total Fixed Assets	26 683 000	27 382 000	28 200 000	29 467 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	624 000
Total Current Assets	3 014 000	1 523 000	1 667 000	1 025 000
Total Assets	29 698 000	28 905 000	29 866 000	30 492 000
Total Equity	7 501 000	7 415 000	7 397 000	7 363 000
Short-Term Group Debt	2 823 000	2 682 000	2 364 000	1 667 000
Total Long-Term Debt	19 107 000	18 580 000	19 881 000	21 331 000
Creditors	28 000	32 000	2 000	2 000
Unpaid Taxes	240 000	196 000	223 000	130 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	3 090 000	2 910 000	2 589 000	1 799 000
Total Equity and Debt	29 698 000	28 905 000	29 866 000	30 492 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,5 %	28,46 %	22,54 %	20,48 %
Debt-to-Equity Ratio	2,55	2,51	2,69	2,9
Operating Profit Margin	65,42 %	62,21 %	53,24 %	57,06 %
Current Ratio	0,98	0,52	0,64	0,57
Quick Ratio	0,98	0,52	0,64	0,57
Equity Ratio	0,25	0,26	0,25	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %