SCANDIC HOTELS AS

0667 OSLO

Finances

Return on Equity

29,43 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 738 663 000	3 695 622 000	2 610 748 000	4 934 484 000
Net Income	391 519 000	18 638 000	−453 756 000	−74 926 000
Total Assets	2 468 357 000	1 622 439 000	1 944 578 000	2 030 745 000
Total Equity	1 330 466 000	938 947 000	920 309 000	746 728 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 738 663 000	3 695 622 000	2 610 748 000	4 934 484 000
Expenditure	5 220 818 000	3 619 426 000	3 143 355 000	4 977 174 000
Operating Profit	517 845 000	76 197 000	−532 607 000	−42 691 000
Financial Income	11 280 000	1 251 000	2 740 000	7 232 000
Financial Costs	1 872 000	28 082 000	26 151 000	30 623 000
Financial Balance	9 408 000	−26 831 000	−23 411 000	−23 391 000
Earnings Before Tax	527 253 000	49 366 000	−556 017 000	−66 081 000
Tax	135 734 000	30 728 000	−102 261 000	8 844 000
Net Income	391 519 000	18 638 000	−453 756 000	−74 926 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	983 607 000	1 229 189 000	1 528 318 000	1 608 642 000
Total Current Assets	1 484 750 000	393 249 000	416 260 000	422 103 000
Total Assets	2 468 357 000	1 622 439 000	1 944 578 000	2 030 745 000
Total Retained Equity	−1 573 248 000	−1 964 768 000	−1 983 406 000	−1 529 650 000
Total Equity	1 330 466 000	938 947 000	920 309 000	746 728 000
Total Long-Term Debt	0	0	258 869 000	611 948 000
Total Current Debt	1 137 891 000	683 491 000	765 400 000	672 069 000
Total Equity and Debt	2 468 357 000	1 622 439 000	1 944 578 000	2 030 745 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 553 113 000	3 410 044 000	2 154 290 000	4 901 316 000
Other Income	185 550 000	285 578 000	456 458 000	33 168 000
Revenue	5 738 663 000	3 695 622 000	2 610 748 000	4 934 484 000
Cost of Goods Sold	492 056 000	291 616 000	206 737 000	502 209 000
Salary Costs	1 663 574 000	1 054 047 000	956 520 000	1 721 225 000
Depreciation	293 606 000	312 592 000	314 762 000	319 511 000
Impairment	42 000	5 421 000	0	12 862 000
Expenditure	5 220 818 000	3 619 426 000	3 143 355 000	4 977 174 000
Operating Profit	517 845 000	76 197 000	−532 607 000	−42 691 000
Financial Income	11 280 000	1 251 000	2 740 000	7 232 000
Financial Costs	1 872 000	28 082 000	26 151 000	30 623 000
Financial Balance	9 408 000	−26 831 000	−23 411 000	−23 391 000
Dividends	0	0	0	0
Net Income	391 519 000	18 638 000	−453 756 000	−74 926 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	138 036 000	250 611 000	374 293 000	499 323 000
Total Intangible Assets	141 291 000	323 923 000	478 333 000	501 102 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	830 466 000	889 300 000	1 032 178 000	1 087 900 000
Total Tangible Assets	830 466 000	889 300 000	1 032 178 000	1 087 900 000
Total Fiancial Fixed Assets	11 850 000	15 966 000	17 808 000	19 640 000
Total Fixed Assets	983 607 000	1 229 189 000	1 528 318 000	1 608 642 000
Stock	56 786 000	49 852 000	50 108 000	58 658 000
Total Investments	0	0	0	0
Cash, Bank	311 000	728 000	110 690 000	87 786 000
Total Current Assets	1 484 750 000	393 249 000	416 260 000	422 103 000
Total Assets	2 468 357 000	1 622 439 000	1 944 578 000	2 030 745 000
Total Equity	1 330 466 000	938 947 000	920 309 000	746 728 000
Short-Term Group Debt	26 374 000	30 380 000	441 877 000	51 217 000
Total Long-Term Debt	0	0	258 869 000	611 948 000
Creditors	198 029 000	144 151 000	35 749 000	181 234 000
Unpaid Taxes	152 415 000	119 221 000	57 792 000	135 355 000
Dividends	0	0	0	0
Other Current Debt	695 397 000	389 739 000	229 982 000	304 263 000
Total Current Debt	1 137 891 000	683 491 000	765 400 000	672 069 000
Total Equity and Debt	2 468 357 000	1 622 439 000	1 944 578 000	2 030 745 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,43 %	1,98 %	−49,3 %	−10,03 %
Debt-to-Equity Ratio	0	0	0,28	0,82
Operating Profit Margin	9,02 %	2,06 %	−20,4 %	−0,87 %
Current Ratio	1,3	0,58	0,54	0,63
Quick Ratio	1,37	0,62	0,58	0,69
Equity Ratio	0,54	0,58	0,47	0,37
Gross Profit Margin	91,43 %	92,11 %	92,08 %	89,82 %