TURTAGRØ HOTEL AS

6877 FORTUN

Finances

Return on Equity

0,18 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 756 000	14 186 000	11 510 000	12 325 000
Net Income	15 000	993 000	694 000	989 000
Total Assets	10 343 000	11 267 000	10 215 000	9 914 000
Total Equity	8 293 000	8 878 000	9 184 000	8 791 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 756 000	14 186 000	11 510 000	12 325 000
Expenditure	12 685 000	12 871 000	10 569 000	10 981 000
Operating Profit	71 000	1 315 000	941 000	1 345 000
Financial Income	23 000	24 000	21 000	67 000
Financial Costs	6 000	2 000	14 000	98 000
Financial Balance	17 000	22 000	7 000	−31 000
Earnings Before Tax	88 000	1 337 000	949 000	1 314 000
Tax	73 000	343 000	255 000	325 000
Net Income	15 000	993 000	694 000	989 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 167 000	7 033 000	7 575 000	8 146 000
Total Current Assets	3 176 000	4 235 000	2 641 000	1 769 000
Total Assets	10 343 000	11 267 000	10 215 000	9 914 000
Total Retained Equity	6 193 000	6 778 000	7 084 000	6 691 000
Total Equity	8 293 000	8 878 000	9 184 000	8 791 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 051 000	2 389 000	1 031 000	1 124 000
Total Equity and Debt	10 343 000	11 267 000	10 215 000	9 914 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 275 000	13 649 000	11 159 000	11 856 000
Other Income	481 000	537 000	352 000	469 000
Revenue	12 756 000	14 186 000	11 510 000	12 325 000
Cost of Goods Sold	2 563 000	2 842 000	2 183 000	2 106 000
Salary Costs	5 940 000	5 859 000	4 938 000	5 087 000
Depreciation	689 000	647 000	638 000	672 000
Impairment	0	0	0	0
Expenditure	12 685 000	12 871 000	10 569 000	10 981 000
Operating Profit	71 000	1 315 000	941 000	1 345 000
Financial Income	23 000	24 000	21 000	67 000
Financial Costs	6 000	2 000	14 000	98 000
Financial Balance	17 000	22 000	7 000	−31 000
Dividends	600 000	1 300 000	300 000	0
Net Income	15 000	993 000	694 000	989 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 929 000	6 888 000	7 449 000	7 941 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	203 000	143 000	124 000	201 000
Total Tangible Assets	7 132 000	7 032 000	7 573 000	8 142 000
Total Fiancial Fixed Assets	35 000	1 000	1 000	4 000
Total Fixed Assets	7 167 000	7 033 000	7 575 000	8 146 000
Stock	246 000	277 000	191 000	177 000
Total Investments	0	35 000	35 000	35 000
Cash, Bank	2 612 000	3 633 000	2 128 000	906 000
Total Current Assets	3 176 000	4 235 000	2 641 000	1 769 000
Total Assets	10 343 000	11 267 000	10 215 000	9 914 000
Total Equity	8 293 000	8 878 000	9 184 000	8 791 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	560 000	159 000	118 000	79 000
Unpaid Taxes	110 000	128 000	189 000	113 000
Dividends	600 000	1 300 000	300 000	0
Other Current Debt	708 000	1 759 000	468 000	606 000
Total Current Debt	2 051 000	2 389 000	1 031 000	1 124 000
Total Equity and Debt	10 343 000	11 267 000	10 215 000	9 914 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,18 %	11,18 %	7,56 %	11,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,56 %	9,27 %	8,18 %	10,91 %
Current Ratio	1,55	1,77	2,56	1,57
Quick Ratio	1,76	2,01	3,14	1,87
Equity Ratio	0,8	0,79	0,9	0,89
Gross Profit Margin	79,91 %	79,97 %	81,03 %	82,91 %