GRAND HOTEL ARENDAL EIENDOM AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

27,87 %

Current Ratio

0,56

Debt-to-Equity Ratio

5,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 200 000	2 200 000	2 200 000	1 657 000
Net Income	736 000	1 179 000	1 225 000	702 000
Total Assets	20 071 000	24 002 000	22 465 000	21 733 000
Total Equity	2 641 000	1 972 000	1 223 000	1 193 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 200 000	2 200 000	2 200 000	1 657 000
Expenditure	1 267 000	689 000	626 000	731 000
Operating Profit	933 000	1 511 000	1 574 000	927 000
Financial Income	13 000	0	1 000	0
Financial Costs	2 000	0	4 000	26 000
Financial Balance	11 000	0	−3 000	−26 000
Earnings Before Tax	944 000	1 511 000	1 571 000	901 000
Tax	208 000	332 000	345 000	200 000
Net Income	736 000	1 179 000	1 225 000	702 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 586 000	23 763 000	21 995 000	19 172 000
Total Current Assets	1 485 000	239 000	470 000	2 561 000
Total Assets	20 071 000	24 002 000	22 465 000	21 733 000
Total Retained Equity	222 000	−447 000	−1 196 000	−2 391 000
Total Equity	2 641 000	1 972 000	1 223 000	1 193 000
Total Long-Term Debt	14 756 000	19 098 000	17 564 000	17 120 000
Total Current Debt	2 674 000	2 932 000	3 678 000	3 420 000
Total Equity and Debt	20 071 000	24 002 000	22 465 000	21 733 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	44 000
Other Income	2 200 000	2 200 000	2 200 000	1 614 000
Revenue	2 200 000	2 200 000	2 200 000	1 657 000
Cost of Goods Sold	0	0	0	156 000
Salary Costs	0	0	0	0
Depreciation	339 000	312 000	286 000	281 000
Impairment	0	0	0	0
Expenditure	1 267 000	689 000	626 000	731 000
Operating Profit	933 000	1 511 000	1 574 000	927 000
Financial Income	13 000	0	1 000	0
Financial Costs	2 000	0	4 000	26 000
Financial Balance	11 000	0	−3 000	−26 000
Dividends	0	0	0	0
Net Income	736 000	1 179 000	1 225 000	702 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 941 000	9 058 000	9 341 000	9 499 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 644 000	9 866 000	9 664 000	39 000
Total Tangible Assets	18 586 000	18 925 000	19 005 000	9 538 000
Total Fiancial Fixed Assets	0	4 838 000	2 990 000	9 635 000
Total Fixed Assets	18 586 000	23 763 000	21 995 000	19 172 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	216 000	190 000	0
Total Current Assets	1 485 000	239 000	470 000	2 561 000
Total Assets	20 071 000	24 002 000	22 465 000	21 733 000
Total Equity	2 641 000	1 972 000	1 223 000	1 193 000
Short-Term Group Debt	316 000	551 000	1 533 000	864 000
Total Long-Term Debt	14 756 000	19 098 000	17 564 000	17 120 000
Creditors	64 000	86 000	59 000	556 000
Unpaid Taxes	86 000	85 000	86 000	0
Dividends	0	0	0	0
Other Current Debt	2 013 000	2 000 000	2 000 000	2 000 000
Total Current Debt	2 674 000	2 932 000	3 678 000	3 420 000
Total Equity and Debt	20 071 000	24 002 000	22 465 000	21 733 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,87 %	59,79 %	100,16 %	58,84 %
Debt-to-Equity Ratio	5,59	9,68	14,36	14,35
Operating Profit Margin	42,41 %	68,68 %	71,55 %	55,94 %
Current Ratio	0,56	0,08	0,13	0,75
Quick Ratio	0,56	0,08	0,13	0,75
Equity Ratio	0,13	0,08	0,05	0,05
Gross Profit Margin	100 %	100 %	100 %	90,59 %