GRANDE FJORD HOTEL & HYTTER AS

6216 GEIRANGER

Finances

Return on Equity

−14,77 %

Current Ratio

1,36

Debt-to-Equity Ratio

5,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 688 000	9 167 000	7 366 000	13 641 000
Net Income	−464 000	−659 000	−1 842 000	1 104 000
Total Assets	21 722 000	21 110 000	20 604 000	21 070 000
Total Equity	3 141 000	3 605 000	4 264 000	6 105 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 688 000	9 167 000	7 366 000	13 641 000
Expenditure	17 423 000	9 399 000	9 063 000	11 986 000
Operating Profit	265 000	−232 000	−1 697 000	1 654 000
Financial Income	3 000	12 000	6 000	31 000
Financial Costs	732 000	439 000	399 000	276 000
Financial Balance	−729 000	−427 000	−393 000	−245 000
Earnings Before Tax	−464 000	−659 000	−2 089 000	1 410 000
Tax	0	0	−248 000	306 000
Net Income	−464 000	−659 000	−1 842 000	1 104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 744 000	18 668 000	19 300 000	15 808 000
Total Current Assets	978 000	2 442 000	1 305 000	5 262 000
Total Assets	21 722 000	21 110 000	20 604 000	21 070 000
Total Retained Equity	2 891 000	3 355 000	4 014 000	5 855 000
Total Equity	3 141 000	3 605 000	4 264 000	6 105 000
Total Long-Term Debt	17 863 000	17 201 000	16 011 000	12 463 000
Total Current Debt	719 000	304 000	329 000	2 502 000
Total Equity and Debt	21 722 000	21 110 000	20 604 000	21 070 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 530 000	9 127 000	7 334 000	13 561 000
Other Income	159 000	40 000	32 000	80 000
Revenue	17 688 000	9 167 000	7 366 000	13 641 000
Cost of Goods Sold	2 781 000	1 607 000	1 652 000	2 473 000
Salary Costs	6 737 000	2 980 000	2 517 000	4 151 000
Depreciation	1 798 000	1 841 000	1 716 000	1 512 000
Impairment	0	0	0	0
Expenditure	17 423 000	9 399 000	9 063 000	11 986 000
Operating Profit	265 000	−232 000	−1 697 000	1 654 000
Financial Income	3 000	12 000	6 000	31 000
Financial Costs	732 000	439 000	399 000	276 000
Financial Balance	−729 000	−427 000	−393 000	−245 000
Dividends	0	0	0	0
Net Income	−464 000	−659 000	−1 842 000	1 104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	16 900 000	13 934 000	13 520 000	9 546 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 793 000	4 683 000	5 729 000	6 211 000
Total Tangible Assets	20 693 000	18 617 000	19 249 000	15 757 000
Total Fiancial Fixed Assets	51 000	51 000	51 000	51 000
Total Fixed Assets	20 744 000	18 668 000	19 300 000	15 808 000
Stock	203 000	197 000	171 000	99 000
Total Investments	0	0	0	0
Cash, Bank	122 000	1 868 000	1 010 000	4 215 000
Total Current Assets	978 000	2 442 000	1 305 000	5 262 000
Total Assets	21 722 000	21 110 000	20 604 000	21 070 000
Total Equity	3 141 000	3 605 000	4 264 000	6 105 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 863 000	17 201 000	16 011 000	12 463 000
Creditors	406 000	169 000	103 000	2 245 000
Unpaid Taxes	129 000	47 000	17 000	92 000
Dividends	0	0	0	0
Other Current Debt	184 000	87 000	210 000	165 000
Total Current Debt	719 000	304 000	329 000	2 502 000
Total Equity and Debt	21 722 000	21 110 000	20 604 000	21 070 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,77 %	−18,28 %	−43,2 %	18,08 %
Debt-to-Equity Ratio	5,69	4,77	3,75	2,04
Operating Profit Margin	1,5 %	−2,53 %	−23,04 %	12,13 %
Current Ratio	1,36	8,03	3,97	2,1
Quick Ratio	1,9	22,82	8,26	2,19
Equity Ratio	0,14	0,17	0,21	0,29
Gross Profit Margin	84,28 %	82,47 %	77,57 %	81,87 %