SORTLANDHOTELLENE AS

8400 SORTLAND

Finances

Return on Equity

−102,92 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 669 000	17 859 000	22 039 000	27 128 000
Net Income	−1 938 000	−1 557 000	1 908 000	2 869 000
Total Assets	7 989 000	5 828 000	5 640 000	6 946 000
Total Equity	1 883 000	2 236 000	2 272 000	3 498 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 669 000	17 859 000	22 039 000	27 128 000
Expenditure	24 148 000	19 847 000	19 680 000	23 368 000
Operating Profit	−2 479 000	−1 988 000	2 359 000	3 760 000
Financial Income	0	0	4 000	−105 000
Financial Costs	2 000	2 000	3 000	13 000
Financial Balance	−2 000	−2 000	1 000	−118 000
Earnings Before Tax	−2 482 000	−1 990 000	2 360 000	3 642 000
Tax	−544 000	−433 000	452 000	772 000
Net Income	−1 938 000	−1 557 000	1 908 000	2 869 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 543 000	1 403 000	1 479 000	1 326 000
Total Current Assets	6 446 000	4 424 000	4 161 000	5 620 000
Total Assets	7 989 000	5 828 000	5 640 000	6 946 000
Total Retained Equity	0	414 000	1 972 000	3 198 000
Total Equity	1 883 000	2 236 000	2 272 000	3 498 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 106 000	3 592 000	3 369 000	3 448 000
Total Equity and Debt	7 989 000	5 828 000	5 640 000	6 946 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 943 000	14 582 000	20 321 000	26 957 000
Other Income	726 000	3 277 000	1 717 000	171 000
Revenue	21 669 000	17 859 000	22 039 000	27 128 000
Cost of Goods Sold	4 495 000	2 483 000	2 266 000	3 028 000
Salary Costs	9 742 000	7 636 000	7 575 000	9 701 000
Depreciation	203 000	192 000	165 000	342 000
Impairment	0	0	0	0
Expenditure	24 148 000	19 847 000	19 680 000	23 368 000
Operating Profit	−2 479 000	−1 988 000	2 359 000	3 760 000
Financial Income	0	0	4 000	−105 000
Financial Costs	2 000	2 000	3 000	13 000
Financial Balance	−2 000	−2 000	1 000	−118 000
Dividends	0	0	3 198 000	3 500 000
Net Income	−1 938 000	−1 557 000	1 908 000	2 869 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	268 000	21 000	18 000	69 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 250 000	1 357 000	1 461 000	1 257 000
Total Tangible Assets	1 250 000	1 357 000	1 461 000	1 257 000
Total Fiancial Fixed Assets	25 000	25 000	0	0
Total Fixed Assets	1 543 000	1 403 000	1 479 000	1 326 000
Stock	597 000	527 000	175 000	285 000
Total Investments	0	0	0	0
Cash, Bank	2 377 000	973 000	3 006 000	3 019 000
Total Current Assets	6 446 000	4 424 000	4 161 000	5 620 000
Total Assets	7 989 000	5 828 000	5 640 000	6 946 000
Total Equity	1 883 000	2 236 000	2 272 000	3 498 000
Short-Term Group Debt	3 785 000	1 828 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	767 000	409 000	417 000	355 000
Unpaid Taxes	472 000	455 000	445 000	419 000
Dividends	0	0	3 198 000	3 500 000
Other Current Debt	1 081 000	901 000	2 444 000	2 035 000
Total Current Debt	6 106 000	3 592 000	3 369 000	3 448 000
Total Equity and Debt	7 989 000	5 828 000	5 640 000	6 946 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−102,92 %	−69,63 %	83,98 %	82,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−11,44 %	−11,13 %	10,7 %	13,86 %
Current Ratio	1,06	1,23	1,24	1,63
Quick Ratio	1,17	1,44	1,3	1,78
Equity Ratio	0,24	0,38	0,4	0,5
Gross Profit Margin	79,26 %	86,1 %	89,72 %	88,84 %