GEIRANGER FJORD HOTELS AS

6216 GEIRANGER

Finances

Share Ownership

Return on Equity

124,46 %

Current Ratio

1,02

Debt-to-Equity Ratio

2,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 086 000	4 289 000	4 450 000	4 385 000
Net Income	3 964 000	1 014 000	875 000	858 000
Total Assets	22 027 000	18 579 000	16 975 000	14 875 000
Total Equity	3 185 000	3 967 000	4 569 000	4 930 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 086 000	4 289 000	4 450 000	4 385 000
Expenditure	2 639 000	2 616 000	2 951 000	2 818 000
Operating Profit	5 447 000	1 674 000	1 499 000	1 567 000
Financial Income	6 000	6 000	4 000	1 000
Financial Costs	371 000	379 000	382 000	380 000
Financial Balance	−365 000	−373 000	−378 000	−379 000
Earnings Before Tax	5 082 000	1 301 000	1 121 000	1 188 000
Tax	1 118 000	286 000	247 000	330 000
Net Income	3 964 000	1 014 000	875 000	858 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 596 000	11 091 000	13 012 000	14 489 000
Total Current Assets	11 430 000	7 487 000	3 963 000	387 000
Total Assets	22 027 000	18 579 000	16 975 000	14 875 000
Total Retained Equity	1 685 000	2 467 000	3 069 000	3 430 000
Total Equity	3 185 000	3 967 000	4 569 000	4 930 000
Total Long-Term Debt	7 600 000	8 000 000	7 996 000	8 192 000
Total Current Debt	11 241 000	6 612 000	4 409 000	1 754 000
Total Equity and Debt	22 027 000	18 579 000	16 975 000	14 875 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	4 299 000
Other Income	8 086 000	4 289 000	4 450 000	86 000
Revenue	8 086 000	4 289 000	4 450 000	4 385 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	3 000
Depreciation	2 189 000	2 090 000	2 522 000	1 455 000
Impairment	0	0	0	0
Expenditure	2 639 000	2 616 000	2 951 000	2 818 000
Operating Profit	5 447 000	1 674 000	1 499 000	1 567 000
Financial Income	6 000	6 000	4 000	1 000
Financial Costs	371 000	379 000	382 000	380 000
Financial Balance	−365 000	−373 000	−378 000	−379 000
Dividends	0	0	0	0
Net Income	3 964 000	1 014 000	875 000	858 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 460 000	1 240 000	1 070 000	968 000
Real Eastate	6 923 000	6 629 000	7 710 000	8 279 000
Machinery and Plant Facilities	261 000	307 000	354 000	401 000
Fixtures	1 952 000	2 915 000	3 878 000	4 841 000
Total Tangible Assets	9 136 000	9 852 000	11 942 000	13 521 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 596 000	11 091 000	13 012 000	14 489 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	753 000	1 798 000	191 000	265 000
Total Current Assets	11 430 000	7 487 000	3 963 000	387 000
Total Assets	22 027 000	18 579 000	16 975 000	14 875 000
Total Equity	3 185 000	3 967 000	4 569 000	4 930 000
Short-Term Group Debt	8 906 000	4 820 000	2 684 000	0
Total Long-Term Debt	7 600 000	8 000 000	7 996 000	8 192 000
Creditors	2 087 000	1 549 000	1 449 000	1 032 000
Unpaid Taxes	0	3 000	0	4 000
Dividends	0	0	0	0
Other Current Debt	248 000	241 000	277 000	455 000
Total Current Debt	11 241 000	6 612 000	4 409 000	1 754 000
Total Equity and Debt	22 027 000	18 579 000	16 975 000	14 875 000

Financial indicators	2022	2021	2020	2019
Return on Equity	124,46 %	25,56 %	19,15 %	17,4 %
Debt-to-Equity Ratio	2,39	2,02	1,75	1,66
Operating Profit Margin	67,36 %	39,03 %	33,69 %	35,74 %
Current Ratio	1,02	1,13	0,9	0,22
Quick Ratio	1,02	1,13	0,9	0,22
Equity Ratio	0,14	0,21	0,27	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %