ARENDAL HOTELL AS

4836 ARENDAL

Finances

Return on Equity

−11,42 %

Current Ratio

3,44

Debt-to-Equity Ratio

8,63

Key figures (NOK)	2022	2021	2020
Revenue	6 889 000	5 217 000	0
Net Income	−778 000	−1 387 000	−349 000
Total Assets	66 399 000	67 680 000	36 120 000
Total Equity	6 812 000	7 590 000	664 000

Income (NOK)	2022	2021	2020
Revenue	6 889 000	5 217 000	0
Expenditure	5 466 000	4 960 000	116 000
Operating Profit	1 422 000	256 000	−116 000
Financial Income	0	0	0
Financial Costs	2 201 000	1 642 000	233 000
Financial Balance	−2 201 000	−1 642 000	−233 000
Earnings Before Tax	−778 000	−1 387 000	−349 000
Tax	0	0	0
Net Income	−778 000	−1 387 000	−349 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	63 693 000	64 980 000	33 079 000
Total Current Assets	2 706 000	2 700 000	3 041 000
Total Assets	66 399 000	67 680 000	36 120 000
Total Retained Equity	−1 188 000	−410 000	−336 000
Total Equity	6 812 000	7 590 000	664 000
Total Long-Term Debt	58 801 000	58 801 000	12 885 000
Total Current Debt	787 000	1 290 000	22 571 000
Total Equity and Debt	66 399 000	67 680 000	36 120 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 796 000	5 104 000	0
Other Income	93 000	112 000	0
Revenue	6 889 000	5 217 000	0
Cost of Goods Sold	199 000	208 000	0
Salary Costs	1 475 000	629 000	0
Depreciation	1 345 000	1 333 000	0
Impairment	0	0	0
Expenditure	5 466 000	4 960 000	116 000
Operating Profit	1 422 000	256 000	−116 000
Financial Income	0	0	0
Financial Costs	2 201 000	1 642 000	233 000
Financial Balance	−2 201 000	−1 642 000	−233 000
Dividends	0	0	0
Net Income	−778 000	−1 387 000	−349 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	61 010 000	62 026 000	33 079 000
Machinery and Plant Facilities	0	0	0
Fixtures	2 662 000	2 954 000	0
Total Tangible Assets	63 672 000	64 980 000	33 079 000
Total Fiancial Fixed Assets	21 000	0	0
Total Fixed Assets	63 693 000	64 980 000	33 079 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	2 503 000	2 449 000	1 117 000
Total Current Assets	2 706 000	2 700 000	3 041 000
Total Assets	66 399 000	67 680 000	36 120 000
Total Equity	6 812 000	7 590 000	664 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	58 801 000	58 801 000	12 885 000
Creditors	93 000	888 000	3 134 000
Unpaid Taxes	60 000	38 000	0
Dividends	0	0	0
Other Current Debt	634 000	363 000	0
Total Current Debt	787 000	1 290 000	22 571 000
Total Equity and Debt	66 399 000	67 680 000	36 120 000

Financial indicators	2022	2021	2020
Return on Equity	−11,42 %	−18,27 %	−52,56 %
Debt-to-Equity Ratio	8,63	7,75	19,41
Operating Profit Margin	20,64 %	4,91 %	-
Current Ratio	3,44	2,09	0,13
Quick Ratio	3,44	2,09	0,13
Equity Ratio	0,1	0,11	0,02
Gross Profit Margin	97,11 %	96,01 %	-