FLORØ HOTELLEIENDOM AS

6856 SOGNDAL

Finances

Return on Equity

14,47 %

Current Ratio

0,39

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 159 000	8 598 000	8 212 000	8 089 000
Net Income	4 058 000	4 166 000	4 137 000	3 269 000
Total Assets	46 448 000	45 444 000	45 355 000	49 714 000
Total Equity	28 043 000	23 985 000	23 367 000	23 748 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 159 000	8 598 000	8 212 000	8 089 000
Expenditure	3 370 000	2 805 000	2 394 000	3 278 000
Operating Profit	5 789 000	5 793 000	5 818 000	4 811 000
Financial Income	22 000	6 000	11 000	16 000
Financial Costs	447 000	457 000	525 000	636 000
Financial Balance	−425 000	−451 000	−514 000	−620 000
Earnings Before Tax	5 364 000	5 342 000	5 303 000	4 191 000
Tax	1 306 000	1 175 000	1 167 000	922 000
Net Income	4 058 000	4 166 000	4 137 000	3 269 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 125 000	42 592 000	43 568 000	44 800 000
Total Current Assets	4 323 000	2 852 000	1 787 000	4 914 000
Total Assets	46 448 000	45 444 000	45 355 000	49 714 000
Total Retained Equity	24 654 000	20 596 000	19 978 000	20 359 000
Total Equity	28 043 000	23 985 000	23 367 000	23 748 000
Total Long-Term Debt	7 232 000	9 479 000	12 387 000	14 583 000
Total Current Debt	11 172 000	11 980 000	9 601 000	11 382 000
Total Equity and Debt	46 448 000	45 444 000	45 355 000	49 714 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	9 159 000	8 598 000	8 212 000	8 089 000
Revenue	9 159 000	8 598 000	8 212 000	8 089 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 464 000	1 429 000	1 415 000	1 402 000
Impairment	0	0	0	0
Expenditure	3 370 000	2 805 000	2 394 000	3 278 000
Operating Profit	5 789 000	5 793 000	5 818 000	4 811 000
Financial Income	22 000	6 000	11 000	16 000
Financial Costs	447 000	457 000	525 000	636 000
Financial Balance	−425 000	−451 000	−514 000	−620 000
Dividends	0	0	0	0
Net Income	4 058 000	4 166 000	4 137 000	3 269 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 300 000	21 614 000	22 439 000	23 714 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	291 000	443 000	595 000	552 000
Total Tangible Assets	21 591 000	22 058 000	23 034 000	24 265 000
Total Fiancial Fixed Assets	20 534 000	20 534 000	20 534 000	20 534 000
Total Fixed Assets	42 125 000	42 592 000	43 568 000	44 800 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 503 000	1 906 000	1 388 000	1 401 000
Total Current Assets	4 323 000	2 852 000	1 787 000	4 914 000
Total Assets	46 448 000	45 444 000	45 355 000	49 714 000
Total Equity	28 043 000	23 985 000	23 367 000	23 748 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 232 000	9 479 000	12 387 000	14 583 000
Creditors	123 000	258 000	14 000	60 000
Unpaid Taxes	365 000	437 000	347 000	437 000
Dividends	0	0	0	0
Other Current Debt	513 000	101 000	152 000	362 000
Total Current Debt	11 172 000	11 980 000	9 601 000	11 382 000
Total Equity and Debt	46 448 000	45 444 000	45 355 000	49 714 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,47 %	17,37 %	17,7 %	13,77 %
Debt-to-Equity Ratio	0,26	0,4	0,53	0,61
Operating Profit Margin	63,21 %	67,38 %	70,85 %	59,48 %
Current Ratio	0,39	0,24	0,19	0,43
Quick Ratio	0,39	0,24	0,19	0,43
Equity Ratio	0,6	0,53	0,52	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %