WESTLAND HOTEL AS

5955 LINDÅS

Finances

Share Ownership

Return on Equity

−30,39 %

Current Ratio

1,83

Debt-to-Equity Ratio

5,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 470 000	14 625 000	13 255 000	16 058 000
Net Income	−995 000	654 000	1 058 000	1 153 000
Total Assets	24 409 000	26 165 000	24 984 000	22 770 000
Total Equity	3 274 000	4 269 000	3 615 000	3 725 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 470 000	14 625 000	13 255 000	16 058 000
Expenditure	13 973 000	13 079 000	11 251 000	13 935 000
Operating Profit	−503 000	1 546 000	2 004 000	2 124 000
Financial Income	53 000	18 000	22 000	6 000
Financial Costs	824 000	649 000	650 000	617 000
Financial Balance	−771 000	−631 000	−628 000	−611 000
Earnings Before Tax	−1 274 000	915 000	1 376 000	1 513 000
Tax	−278 000	261 000	318 000	360 000
Net Income	−995 000	654 000	1 058 000	1 153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 119 000	19 534 000	19 302 000	19 341 000
Total Current Assets	4 290 000	6 632 000	5 682 000	3 429 000
Total Assets	24 409 000	26 165 000	24 984 000	22 770 000
Total Retained Equity	2 389 000	3 384 000	2 730 000	2 840 000
Total Equity	3 274 000	4 269 000	3 615 000	3 725 000
Total Long-Term Debt	18 796 000	18 356 000	17 667 000	15 311 000
Total Current Debt	2 339 000	3 540 000	3 702 000	3 734 000
Total Equity and Debt	24 409 000	26 165 000	24 984 000	22 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 968 000	13 658 000	12 577 000	15 914 000
Other Income	503 000	967 000	679 000	144 000
Revenue	13 470 000	14 625 000	13 255 000	16 058 000
Cost of Goods Sold	1 963 000	2 104 000	2 133 000	2 430 000
Salary Costs	7 877 000	7 666 000	5 817 000	7 706 000
Depreciation	217 000	223 000	274 000	378 000
Impairment	0	0	0	0
Expenditure	13 973 000	13 079 000	11 251 000	13 935 000
Operating Profit	−503 000	1 546 000	2 004 000	2 124 000
Financial Income	53 000	18 000	22 000	6 000
Financial Costs	824 000	649 000	650 000	617 000
Financial Balance	−771 000	−631 000	−628 000	−611 000
Dividends	0	0	0	0
Net Income	−995 000	654 000	1 058 000	1 153 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	231 000	0	0	0
Real Eastate	16 985 000	17 183 000	17 381 000	17 612 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	180 000	29 000	55 000	71 000
Total Tangible Assets	17 164 000	17 212 000	17 435 000	17 683 000
Total Fiancial Fixed Assets	2 723 000	2 322 000	1 867 000	1 658 000
Total Fixed Assets	20 119 000	19 534 000	19 302 000	19 341 000
Stock	359 000	311 000	272 000	358 000
Total Investments	0	0	0	0
Cash, Bank	3 340 000	4 814 000	2 901 000	2 074 000
Total Current Assets	4 290 000	6 632 000	5 682 000	3 429 000
Total Assets	24 409 000	26 165 000	24 984 000	22 770 000
Total Equity	3 274 000	4 269 000	3 615 000	3 725 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 796 000	18 356 000	17 667 000	15 311 000
Creditors	370 000	304 000	295 000	200 000
Unpaid Taxes	474 000	617 000	577 000	791 000
Dividends	0	0	0	0
Other Current Debt	1 495 000	2 351 000	2 830 000	2 743 000
Total Current Debt	2 339 000	3 540 000	3 702 000	3 734 000
Total Equity and Debt	24 409 000	26 165 000	24 984 000	22 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,39 %	15,32 %	29,27 %	30,95 %
Debt-to-Equity Ratio	5,74	4,3	4,89	4,11
Operating Profit Margin	−3,73 %	10,57 %	15,12 %	13,23 %
Current Ratio	1,83	1,87	1,53	0,92
Quick Ratio	2,17	2,05	1,66	1,02
Equity Ratio	0,13	0,16	0,14	0,16
Gross Profit Margin	85,43 %	85,61 %	83,91 %	84,87 %