SORTLAND HOTELL AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

75,16 %

Current Ratio

2,44

Debt-to-Equity Ratio

2,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 954 000	3 064 000	3 065 000	2 803 000
Net Income	6 067 000	333 000	60 000	141 000
Total Assets	30 863 000	26 203 000	26 096 000	27 019 000
Total Equity	8 072 000	2 686 000	3 202 000	3 941 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 954 000	3 064 000	3 065 000	2 803 000
Expenditure	−5 561 000	2 079 000	2 401 000	1 888 000
Operating Profit	8 515 000	985 000	664 000	914 000
Financial Income	0	0	1 000	4 000
Financial Costs	736 000	558 000	587 000	737 000
Financial Balance	−736 000	−558 000	−586 000	−733 000
Earnings Before Tax	7 778 000	427 000	78 000	182 000
Tax	1 711 000	94 000	17 000	41 000
Net Income	6 067 000	333 000	60 000	141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 303 000	22 190 000	23 293 000	24 823 000
Total Current Assets	2 560 000	4 014 000	2 803 000	2 197 000
Total Assets	30 863 000	26 203 000	26 096 000	27 019 000
Total Retained Equity	5 386 000	0	101 000	840 000
Total Equity	8 072 000	2 686 000	3 202 000	3 941 000
Total Long-Term Debt	21 740 000	21 439 000	21 582 000	22 187 000
Total Current Debt	1 051 000	2 078 000	1 312 000	891 000
Total Equity and Debt	30 863 000	26 203 000	26 096 000	27 019 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 954 000	3 064 000	3 065 000	2 803 000
Revenue	2 954 000	3 064 000	3 065 000	2 803 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	−6 098 000	1 557 000	1 562 000	1 556 000
Impairment	0	0	0	0
Expenditure	−5 561 000	2 079 000	2 401 000	1 888 000
Operating Profit	8 515 000	985 000	664 000	914 000
Financial Income	0	0	1 000	4 000
Financial Costs	736 000	558 000	587 000	737 000
Financial Balance	−736 000	−558 000	−586 000	−733 000
Dividends	0	0	800 000	0
Net Income	6 067 000	333 000	60 000	141 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	26 273 000	19 901 000	21 236 000	22 315 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 029 000	2 289 000	2 057 000	2 508 000
Total Tangible Assets	28 303 000	22 190 000	23 293 000	24 823 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	28 303 000	22 190 000	23 293 000	24 823 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	407 000	2 757 000	1 346 000	1 270 000
Total Current Assets	2 560 000	4 014 000	2 803 000	2 197 000
Total Assets	30 863 000	26 203 000	26 096 000	27 019 000
Total Equity	8 072 000	2 686 000	3 202 000	3 941 000
Short-Term Group Debt	873 000	1 889 000	0	0
Total Long-Term Debt	21 740 000	21 439 000	21 582 000	22 187 000
Creditors	41 000	72 000	59 000	308 000
Unpaid Taxes	110 000	98 000	245 000	0
Dividends	0	0	800 000	0
Other Current Debt	27 000	21 000	849 000	425 000
Total Current Debt	1 051 000	2 078 000	1 312 000	891 000
Total Equity and Debt	30 863 000	26 203 000	26 096 000	27 019 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,16 %	12,4 %	1,87 %	3,58 %
Debt-to-Equity Ratio	2,69	7,98	6,74	5,63
Operating Profit Margin	288,25 %	32,15 %	21,66 %	32,61 %
Current Ratio	2,44	1,93	2,14	2,47
Quick Ratio	2,44	1,93	2,14	2,47
Equity Ratio	0,26	0,1	0,12	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %