SMARTHOTEL EIENDOM AS

4056 TANANGER

Finances

Return on Equity

−1,98 %

Current Ratio

5,52

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	353 000	251 000	243 000	20 988 000
Net Income	−2 370 000	−2 165 000	−2 281 000	−2 885 000
Total Assets	225 423 000	226 045 000	218 580 000	303 859 000
Total Equity	119 947 000	117 389 000	108 810 000	102 022 000

Income (NOK)	2022	2021	2020	2019
Revenue	353 000	251 000	243 000	20 988 000
Expenditure	3 150 000	2 851 000	3 068 000	16 062 000
Operating Profit	−2 797 000	−2 601 000	−2 826 000	4 926 000
Financial Income	4 185 000	4 440 000	4 707 000	296 000
Financial Costs	4 415 000	4 615 000	4 806 000	8 912 000
Financial Balance	−230 000	−175 000	−99 000	−8 616 000
Earnings Before Tax	−3 028 000	−2 776 000	−2 924 000	−3 690 000
Tax	−657 000	−610 000	−643 000	−805 000
Net Income	−2 370 000	−2 165 000	−2 281 000	−2 885 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	173 106 000	180 091 000	183 626 000	241 631 000
Total Current Assets	52 317 000	45 954 000	34 954 000	62 228 000
Total Assets	225 423 000	226 045 000	218 580 000	303 859 000
Total Retained Equity	10 201 000	12 572 000	14 737 000	13 962 000
Total Equity	119 947 000	117 389 000	108 810 000	102 022 000
Total Long-Term Debt	96 000 000	100 000 000	102 000 000	191 595 000
Total Current Debt	9 477 000	8 656 000	7 770 000	10 242 000
Total Equity and Debt	225 423 000	226 045 000	218 580 000	303 859 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	353 000	251 000	243 000	20 988 000
Other Income	0	0	0	0
Revenue	353 000	251 000	243 000	20 988 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 274 000	1 968 000	1 942 000	1 975 000
Depreciation	0	0	23 000	11 210 000
Impairment	0	0	0	0
Expenditure	3 150 000	2 851 000	3 068 000	16 062 000
Operating Profit	−2 797 000	−2 601 000	−2 826 000	4 926 000
Financial Income	4 185 000	4 440 000	4 707 000	296 000
Financial Costs	4 415 000	4 615 000	4 806 000	8 912 000
Financial Balance	−230 000	−175 000	−99 000	−8 616 000
Dividends	0	0	0	0
Net Income	−2 370 000	−2 165 000	−2 281 000	−2 885 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	138 000	871 000	3 291 000	4 914 000
Real Eastate	0	0	0	233 183 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	3 534 000
Total Tangible Assets	0	0	0	236 717 000
Total Fiancial Fixed Assets	172 968 000	179 220 000	180 335 000	0
Total Fixed Assets	173 106 000	180 091 000	183 626 000	241 631 000
Stock	7 387 000	5 844 000	5 778 000	5 048 000
Total Investments	0	0	0	0
Cash, Bank	3 005 000	4 805 000	8 472 000	41 558 000
Total Current Assets	52 317 000	45 954 000	34 954 000	62 228 000
Total Assets	225 423 000	226 045 000	218 580 000	303 859 000
Total Equity	119 947 000	117 389 000	108 810 000	102 022 000
Short-Term Group Debt	6 665 000	6 558 000	6 447 000	0
Total Long-Term Debt	96 000 000	100 000 000	102 000 000	191 595 000
Creditors	667 000	48 000	109 000	446 000
Unpaid Taxes	872 000	992 000	127 000	1 112 000
Dividends	0	0	0	0
Other Current Debt	1 272 000	1 059 000	1 088 000	8 684 000
Total Current Debt	9 477 000	8 656 000	7 770 000	10 242 000
Total Equity and Debt	225 423 000	226 045 000	218 580 000	303 859 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,98 %	−1,84 %	−2,1 %	−2,83 %
Debt-to-Equity Ratio	0,8	0,85	0,94	1,88
Operating Profit Margin	−792,35 %	−1 036,25 %	−1 162,96 %	23,47 %
Current Ratio	5,52	5,31	4,5	6,08
Quick Ratio	25,03	16,34	17,55	11,98
Equity Ratio	0,53	0,52	0,5	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %