GRIMSTAD LAGERHOTEL AS

4886 GRIMSTAD

Finances

Share Ownership

Return on Equity

132,26 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 135 000	1 141 000	1 146 000	1 139 000
Net Income	41 000	10 000	60 000	90 000
Total Assets	522 000	402 000	458 000	253 000
Total Equity	31 000	31 000	33 000	85 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 135 000	1 141 000	1 146 000	1 139 000
Expenditure	1 083 000	1 135 000	1 071 000	1 026 000
Operating Profit	51 000	6 000	75 000	113 000
Financial Income	2 000	7 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	2 000	7 000	2 000	3 000
Earnings Before Tax	53 000	13 000	77 000	115 000
Tax	12 000	3 000	17 000	25 000
Net Income	41 000	10 000	60 000	90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	46 000	53 000	0
Total Current Assets	482 000	356 000	405 000	253 000
Total Assets	522 000	402 000	458 000	253 000
Total Retained Equity	1 000	1 000	3 000	55 000
Total Equity	31 000	31 000	33 000	85 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	492 000	372 000	425 000	167 000
Total Equity and Debt	522 000	402 000	458 000	253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 135 000	1 141 000	1 146 000	1 139 000
Revenue	1 135 000	1 141 000	1 146 000	1 139 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	6 000	8 000	10 000	0
Impairment	0	0	0	0
Expenditure	1 083 000	1 135 000	1 071 000	1 026 000
Operating Profit	51 000	6 000	75 000	113 000
Financial Income	2 000	7 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	2 000	7 000	2 000	3 000
Dividends	0	0	0	0
Net Income	41 000	10 000	60 000	90 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	15 000	15 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	31 000	38 000	0
Total Tangible Assets	24 000	31 000	38 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 000	46 000	53 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	41 000	104 000	44 000	86 000
Total Current Assets	482 000	356 000	405 000	253 000
Total Assets	522 000	402 000	458 000	253 000
Total Equity	31 000	31 000	33 000	85 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	104 000	33 000	120 000	24 000
Unpaid Taxes	12 000	4 000	10 000	5 000
Dividends	0	0	0	0
Other Current Debt	11 000	6 000	5 000	0
Total Current Debt	492 000	372 000	425 000	167 000
Total Equity and Debt	522 000	402 000	458 000	253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	132,26 %	32,26 %	181,82 %	105,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,49 %	0,53 %	6,54 %	9,92 %
Current Ratio	0,98	0,96	0,95	1,51
Quick Ratio	0,98	0,96	0,95	1,51
Equity Ratio	0,06	0,08	0,07	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %