HOTEL GRAND OLAV AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

102,27 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 829 000	28 017 000	17 426 000	33 282 000
Net Income	4 361 000	2 153 000	−970 000	2 944 000
Total Assets	15 139 000	10 713 000	8 425 000	12 973 000
Total Equity	4 264 000	4 218 000	4 278 000	4 448 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 829 000	28 017 000	17 426 000	33 282 000
Expenditure	29 287 000	25 177 000	18 621 000	29 485 000
Operating Profit	5 542 000	2 841 000	−1 195 000	3 797 000
Financial Income	150 000	10 000	28 000	67 000
Financial Costs	97 000	86 000	68 000	62 000
Financial Balance	53 000	−76 000	−40 000	5 000
Earnings Before Tax	5 595 000	2 765 000	−1 235 000	3 802 000
Tax	1 234 000	612 000	−265 000	858 000
Net Income	4 361 000	2 153 000	−970 000	2 944 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	687 000	499 000	702 000	890 000
Total Current Assets	14 452 000	10 214 000	7 723 000	12 084 000
Total Assets	15 139 000	10 713 000	8 425 000	12 973 000
Total Retained Equity	−1 320 000	−1 366 000	−1 307 000	−337 000
Total Equity	4 264 000	4 218 000	4 278 000	4 448 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 875 000	6 495 000	4 147 000	8 526 000
Total Equity and Debt	15 139 000	10 713 000	8 425 000	12 973 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	34 829 000	28 017 000	17 426 000	33 282 000
Revenue	34 829 000	28 017 000	17 426 000	33 282 000
Cost of Goods Sold	3 028 000	2 698 000	1 571 000	3 308 000
Salary Costs	9 148 000	8 300 000	5 125 000	9 386 000
Depreciation	181 000	304 000	320 000	347 000
Impairment	0	0	0	0
Expenditure	29 287 000	25 177 000	18 621 000	29 485 000
Operating Profit	5 542 000	2 841 000	−1 195 000	3 797 000
Financial Income	150 000	10 000	28 000	67 000
Financial Costs	97 000	86 000	68 000	62 000
Financial Balance	53 000	−76 000	−40 000	5 000
Dividends	0	0	0	0
Net Income	4 361 000	2 153 000	−970 000	2 944 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	77 000	95 000	83 000	43 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	609 000	405 000	619 000	847 000
Total Tangible Assets	609 000	405 000	619 000	847 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	687 000	499 000	702 000	890 000
Stock	127 000	122 000	89 000	158 000
Total Investments	0	0	0	0
Cash, Bank	0	0	5 000	5 000
Total Current Assets	14 452 000	10 214 000	7 723 000	12 084 000
Total Assets	15 139 000	10 713 000	8 425 000	12 973 000
Total Equity	4 264 000	4 218 000	4 278 000	4 448 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 041 000	722 000	3 052 000	794 000
Unpaid Taxes	546 000	709 000	455 000	695 000
Dividends	0	0	0	0
Other Current Debt	9 288 000	5 064 000	640 000	7 036 000
Total Current Debt	10 875 000	6 495 000	4 147 000	8 526 000
Total Equity and Debt	15 139 000	10 713 000	8 425 000	12 973 000

Financial indicators	2022	2021	2020	2019
Return on Equity	102,27 %	51,04 %	−22,67 %	66,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,91 %	10,14 %	−6,86 %	11,41 %
Current Ratio	1,33	1,57	1,86	1,42
Quick Ratio	1,34	1,6	1,9	1,44
Equity Ratio	0,28	0,39	0,51	0,34
Gross Profit Margin	91,31 %	90,37 %	90,98 %	90,06 %