VESTNORSK HOTEL AS

5058 BERGEN

Finances

Share Ownership

Return on Equity

6,54 %

Current Ratio

1,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 310 000	57 434 000	57 472 000	13 213 000
Net Income	67 704 000	22 054 000	−23 032 000	5 420 000
Total Assets	1 132 060 000	1 082 372 000	1 050 032 000	1 102 020 000
Total Equity	1 034 994 000	1 034 994 000	1 034 994 000	1 058 018 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 310 000	57 434 000	57 472 000	13 213 000
Expenditure	−26 175 000	29 082 000	87 199 000	6 398 000
Operating Profit	85 485 000	28 352 000	−29 727 000	6 815 000
Financial Income	1 583 000	89 000	427 000	349 000
Financial Costs	267 000	167 000	227 000	215 000
Financial Balance	1 316 000	−78 000	200 000	134 000
Earnings Before Tax	86 800 000	28 274 000	−29 528 000	6 949 000
Tax	19 096 000	6 220 000	−6 496 000	1 529 000
Net Income	67 704 000	22 054 000	−23 032 000	5 420 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	986 768 000	956 470 000	966 241 000	1 014 068 000
Total Current Assets	145 292 000	125 902 000	83 792 000	87 953 000
Total Assets	1 132 060 000	1 082 372 000	1 050 032 000	1 102 020 000
Total Retained Equity	0	0	0	0
Total Equity	1 034 994 000	1 034 994 000	1 034 994 000	1 058 018 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	97 066 000	47 378 000	15 038 000	44 002 000
Total Equity and Debt	1 132 060 000	1 082 372 000	1 050 032 000	1 102 020 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 759 000	56 380 000	56 060 000	0
Other Income	1 551 000	1 055 000	1 412 000	13 213 000
Revenue	59 310 000	57 434 000	57 472 000	13 213 000
Cost of Goods Sold	0	0	0	0
Salary Costs	−53 045 000	0	0	0
Depreciation	17 366 000	17 346 000	17 221 000	4 280 000
Impairment	0	0	53 045 000	0
Expenditure	−26 175 000	29 082 000	87 199 000	6 398 000
Operating Profit	85 485 000	28 352 000	−29 727 000	6 815 000
Financial Income	1 583 000	89 000	427 000	349 000
Financial Costs	267 000	167 000	227 000	215 000
Financial Balance	1 316 000	−78 000	200 000	134 000
Dividends	39 875 000	35 491 000	31 869 000	0
Net Income	67 704 000	22 054 000	−23 032 000	5 420 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 367 000	20 216 000	16 426 000	942 000
Real Eastate	974 401 000	936 254 000	949 814 000	1 013 126 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	974 401 000	936 254 000	949 814 000	1 013 126 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	986 768 000	956 470 000	966 241 000	1 014 068 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	145 292 000	125 902 000	83 792 000	87 953 000
Total Assets	1 132 060 000	1 082 372 000	1 050 032 000	1 102 020 000
Total Equity	1 034 994 000	1 034 994 000	1 034 994 000	1 058 018 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	1 757 000	2 205 000	4 167 000	253 000
Dividends	39 875 000	35 491 000	31 869 000	0
Other Current Debt	95 310 000	45 173 000	10 871 000	43 748 000
Total Current Debt	97 066 000	47 378 000	15 038 000	44 002 000
Total Equity and Debt	1 132 060 000	1 082 372 000	1 050 032 000	1 102 020 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,54 %	2,13 %	−2,23 %	0,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	144,13 %	49,36 %	−51,72 %	51,58 %
Current Ratio	1,5	2,66	5,57	2
Quick Ratio	1,5	2,66	5,57	2
Equity Ratio	0,91	0,96	0,99	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %