GRAND HOTELL ÅNDALSNES AS

6419 MOLDE

Finances

Share Ownership

Return on Equity

23,42 %

Current Ratio

0,58

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 208 000	6 279 000	5 660 000	5 746 000
Net Income	4 209 000	3 640 000	2 739 000	3 149 000
Total Assets	30 218 000	24 583 000	20 565 000	21 300 000
Total Equity	17 969 000	17 650 000	17 609 000	14 870 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 208 000	6 279 000	5 660 000	5 746 000
Expenditure	1 714 000	1 621 000	1 976 000	1 423 000
Operating Profit	5 494 000	4 658 000	3 685 000	4 323 000
Financial Income	10 000	9 000	8 000	9 000
Financial Costs	108 000	0	182 000	294 000
Financial Balance	−98 000	9 000	−174 000	−285 000
Earnings Before Tax	5 396 000	4 667 000	3 512 000	4 038 000
Tax	1 187 000	1 027 000	773 000	889 000
Net Income	4 209 000	3 640 000	2 739 000	3 149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 145 000	20 813 000	19 808 000	20 576 000
Total Current Assets	3 073 000	3 770 000	757 000	724 000
Total Assets	30 218 000	24 583 000	20 565 000	21 300 000
Total Retained Equity	15 078 000	14 759 000	14 719 000	11 980 000
Total Equity	17 969 000	17 650 000	17 609 000	14 870 000
Total Long-Term Debt	6 921 000	1 683 000	1 648 000	5 398 000
Total Current Debt	5 328 000	5 250 000	1 308 000	1 032 000
Total Equity and Debt	30 218 000	24 583 000	20 565 000	21 300 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 208 000	6 279 000	0	0
Other Income	0	0	5 660 000	5 746 000
Revenue	7 208 000	6 279 000	5 660 000	5 746 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	222 000	0
Depreciation	558 000	595 000	768 000	680 000
Impairment	0	0	0	0
Expenditure	1 714 000	1 621 000	1 976 000	1 423 000
Operating Profit	5 494 000	4 658 000	3 685 000	4 323 000
Financial Income	10 000	9 000	8 000	9 000
Financial Costs	108 000	0	182 000	294 000
Financial Balance	−98 000	9 000	−174 000	−285 000
Dividends	0	3 600 000	0	0
Net Income	4 209 000	3 640 000	2 739 000	3 149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	26 986 000	20 604 000	19 693 000	20 199 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	159 000	209 000	115 000	376 000
Total Tangible Assets	27 145 000	20 813 000	19 808 000	20 576 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 145 000	20 813 000	19 808 000	20 576 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 755 000	3 258 000	561 000	359 000
Total Current Assets	3 073 000	3 770 000	757 000	724 000
Total Assets	30 218 000	24 583 000	20 565 000	21 300 000
Total Equity	17 969 000	17 650 000	17 609 000	14 870 000
Short-Term Group Debt	4 987 000	0	50 000	0
Total Long-Term Debt	6 921 000	1 683 000	1 648 000	5 398 000
Creditors	215 000	608 000	417 000	43 000
Unpaid Taxes	78 000	51 000	12 000	0
Dividends	0	3 600 000	0	0
Other Current Debt	48 000	0	49 000	129 000
Total Current Debt	5 328 000	5 250 000	1 308 000	1 032 000
Total Equity and Debt	30 218 000	24 583 000	20 565 000	21 300 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,42 %	20,62 %	15,55 %	21,18 %
Debt-to-Equity Ratio	0,39	0,1	0,09	0,36
Operating Profit Margin	76,22 %	74,18 %	65,11 %	75,23 %
Current Ratio	0,58	0,72	0,58	0,7
Quick Ratio	0,58	0,72	0,58	0,7
Equity Ratio	0,59	0,72	0,86	0,7
Gross Profit Margin	100 %	100 %	100 %	100 %