MMC HOTELS AS

2821 GJØVIK

Finances

Return on Equity

32,66 %

Current Ratio

1,06

Debt-to-Equity Ratio

5,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 276 000	7 067 000	8 252 000	7 672 000
Net Income	5 459 000	2 076 000	2 089 000	−5 454 000
Total Assets	111 761 000	117 854 000	99 784 000	104 455 000
Total Equity	16 715 000	11 256 000	11 134 000	9 425 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 276 000	7 067 000	8 252 000	7 672 000
Expenditure	5 449 000	3 531 000	3 261 000	11 074 000
Operating Profit	3 827 000	3 535 000	4 992 000	−3 403 000
Financial Income	6 562 000	1 987 000	1 153 000	1 097 000
Financial Costs	5 020 000	2 812 000	3 418 000	2 792 000
Financial Balance	1 542 000	−825 000	−2 265 000	−1 695 000
Earnings Before Tax	5 369 000	2 710 000	2 727 000	−5 098 000
Tax	−90 000	634 000	638 000	356 000
Net Income	5 459 000	2 076 000	2 089 000	−5 454 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	110 144 000	105 284 000	93 860 000	102 029 000
Total Current Assets	1 618 000	12 570 000	5 924 000	2 426 000
Total Assets	111 761 000	117 854 000	99 784 000	104 455 000
Total Retained Equity	6 734 000	1 275 000	1 154 000	−555 000
Total Equity	16 715 000	11 256 000	11 134 000	9 425 000
Total Long-Term Debt	93 514 000	96 105 000	84 534 000	89 961 000
Total Current Debt	1 533 000	10 493 000	4 116 000	5 069 000
Total Equity and Debt	111 761 000	117 854 000	99 784 000	104 455 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	7 065 000	8 208 000	7 672 000
Other Income	9 276 000	2 000	45 000	0
Revenue	9 276 000	7 067 000	8 252 000	7 672 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 457 000	980 000	629 000	603 000
Impairment	0	0	0	0
Expenditure	5 449 000	3 531 000	3 261 000	11 074 000
Operating Profit	3 827 000	3 535 000	4 992 000	−3 403 000
Financial Income	6 562 000	1 987 000	1 153 000	1 097 000
Financial Costs	5 020 000	2 812 000	3 418 000	2 792 000
Financial Balance	1 542 000	−825 000	−2 265 000	−1 695 000
Dividends	0	121 000	1 154 000	0
Net Income	5 459 000	2 076 000	2 089 000	−5 454 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	40 472 000	41 764 000	30 642 000	30 969 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	460 000	536 000	412 000	570 000
Total Tangible Assets	40 931 000	42 300 000	31 055 000	31 539 000
Total Fiancial Fixed Assets	69 212 000	62 984 000	62 805 000	70 489 000
Total Fixed Assets	110 144 000	105 284 000	93 860 000	102 029 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	54 000	2 837 000	96 000	91 000
Total Current Assets	1 618 000	12 570 000	5 924 000	2 426 000
Total Assets	111 761 000	117 854 000	99 784 000	104 455 000
Total Equity	16 715 000	11 256 000	11 134 000	9 425 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	93 514 000	96 105 000	84 534 000	89 961 000
Creditors	1 112 000	4 103 000	293 000	147 000
Unpaid Taxes	95 000	0	293 000	155 000
Dividends	0	121 000	1 154 000	0
Other Current Debt	325 000	6 390 000	3 530 000	4 551 000
Total Current Debt	1 533 000	10 493 000	4 116 000	5 069 000
Total Equity and Debt	111 761 000	117 854 000	99 784 000	104 455 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,66 %	18,44 %	18,76 %	−57,87 %
Debt-to-Equity Ratio	5,59	8,54	7,59	9,54
Operating Profit Margin	41,26 %	50,02 %	60,49 %	−44,36 %
Current Ratio	1,06	1,2	1,44	0,48
Quick Ratio	1,06	1,2	1,44	0,48
Equity Ratio	0,15	0,1	0,11	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %