BALESTRAND HOTELL AS

6899 BALESTRAND

Finances

Return on Equity

36,72 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 913 000	157 000	154 000	3 876 000
Net Income	675 000	−270 000	−357 000	280 000
Total Assets	4 773 000	3 321 000	3 592 000	4 092 000
Total Equity	1 838 000	1 636 000	1 905 000	2 262 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 913 000	157 000	154 000	3 876 000
Expenditure	4 977 000	440 000	542 000	3 433 000
Operating Profit	934 000	−283 000	−390 000	443 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	71 000	63 000	68 000	82 000
Financial Balance	−70 000	−63 000	−67 000	−81 000
Earnings Before Tax	865 000	−346 000	−457 000	362 000
Tax	190 000	−76 000	−100 000	82 000
Net Income	675 000	−270 000	−357 000	280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 152 000	3 122 000	3 152 000	3 179 000
Total Current Assets	1 621 000	198 000	439 000	912 000
Total Assets	4 773 000	3 321 000	3 592 000	4 092 000
Total Retained Equity	573 000	371 000	640 000	997 000
Total Equity	1 838 000	1 636 000	1 905 000	2 262 000
Total Long-Term Debt	1 423 000	1 618 000	1 656 000	1 671 000
Total Current Debt	1 511 000	67 000	31 000	159 000
Total Equity and Debt	4 773 000	3 321 000	3 592 000	4 092 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 167 000	157 000	51 000	3 861 000
Other Income	745 000	0	102 000	15 000
Revenue	5 913 000	157 000	154 000	3 876 000
Cost of Goods Sold	1 678 000	0	6 000	263 000
Salary Costs	855 000	1 000	89 000	1 890 000
Depreciation	151 000	132 000	127 000	127 000
Impairment	0	0	0	0
Expenditure	4 977 000	440 000	542 000	3 433 000
Operating Profit	934 000	−283 000	−390 000	443 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	71 000	63 000	68 000	82 000
Financial Balance	−70 000	−63 000	−67 000	−81 000
Dividends	0	0	0	0
Net Income	675 000	−270 000	−357 000	280 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	153 000	100 000	0
Real Eastate	3 035 000	2 928 000	3 032 000	3 136 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	106 000	31 000	20 000	44 000
Total Tangible Assets	3 142 000	2 959 000	3 052 000	3 179 000
Total Fiancial Fixed Assets	10 000	10 000	0	0
Total Fixed Assets	3 152 000	3 122 000	3 152 000	3 179 000
Stock	74 000	7 000	7 000	8 000
Total Investments	0	0	10 000	10 000
Cash, Bank	872 000	121 000	391 000	844 000
Total Current Assets	1 621 000	198 000	439 000	912 000
Total Assets	4 773 000	3 321 000	3 592 000	4 092 000
Total Equity	1 838 000	1 636 000	1 905 000	2 262 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 423 000	1 618 000	1 656 000	1 671 000
Creditors	841 000	47 000	8 000	24 000
Unpaid Taxes	53 000	0	0	10 000
Dividends	0	0	0	0
Other Current Debt	617 000	20 000	22 000	124 000
Total Current Debt	1 511 000	67 000	31 000	159 000
Total Equity and Debt	4 773 000	3 321 000	3 592 000	4 092 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,72 %	−16,5 %	−18,74 %	12,38 %
Debt-to-Equity Ratio	0,77	0,99	0,87	0,74
Operating Profit Margin	15,8 %	−180,25 %	−253,25 %	11,43 %
Current Ratio	1,07	2,96	14,16	5,74
Quick Ratio	1,13	3,3	18,29	6,04
Equity Ratio	0,39	0,49	0,53	0,55
Gross Profit Margin	71,62 %	100 %	96,1 %	93,21 %