ØRNES HOTELL AS

8150 ØRNES

Finances

Return on Equity

8,19 %

Current Ratio

0,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 171 000	3 168 000	4 371 000	7 261 000
Net Income	199 000	263 000	44 000	−15 000
Total Assets	4 713 000	4 433 000	4 239 000	4 398 000
Total Equity	2 429 000	2 230 000	1 967 000	1 922 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 171 000	3 168 000	4 371 000	7 261 000
Expenditure	5 151 000	3 056 000	4 431 000	7 390 000
Operating Profit	20 000	112 000	−60 000	−128 000
Financial Income	180 000	154 000	147 000	141 000
Financial Costs	1 000	2 000	43 000	71 000
Financial Balance	179 000	152 000	104 000	70 000
Earnings Before Tax	199 000	263 000	44 000	−59 000
Tax	0	0	0	−44 000
Net Income	199 000	263 000	44 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 840 000	3 612 000	3 467 000	3 336 000
Total Current Assets	873 000	821 000	772 000	1 062 000
Total Assets	4 713 000	4 433 000	4 239 000	4 398 000
Total Retained Equity	2 173 000	1 974 000	1 711 000	1 666 000
Total Equity	2 429 000	2 230 000	1 967 000	1 922 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 284 000	2 202 000	2 273 000	2 475 000
Total Equity and Debt	4 713 000	4 433 000	4 239 000	4 398 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 071 000	2 755 000	4 042 000	7 249 000
Other Income	100 000	412 000	329 000	13 000
Revenue	5 171 000	3 168 000	4 371 000	7 261 000
Cost of Goods Sold	1 179 000	521 000	944 000	1 778 000
Salary Costs	2 538 000	1 022 000	2 092 000	4 040 000
Depreciation	13 000	9 000	16 000	15 000
Impairment	0	0	0	0
Expenditure	5 151 000	3 056 000	4 431 000	7 390 000
Operating Profit	20 000	112 000	−60 000	−128 000
Financial Income	180 000	154 000	147 000	141 000
Financial Costs	1 000	2 000	43 000	71 000
Financial Balance	179 000	152 000	104 000	70 000
Dividends	0	0	0	0
Net Income	199 000	263 000	44 000	−15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	27 000	34 000	41 000	48 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	55 000	0	2 000	11 000
Total Tangible Assets	82 000	34 000	43 000	59 000
Total Fiancial Fixed Assets	3 758 000	3 578 000	3 424 000	3 277 000
Total Fixed Assets	3 840 000	3 612 000	3 467 000	3 336 000
Stock	114 000	94 000	119 000	131 000
Total Investments	0	0	0	0
Cash, Bank	374 000	476 000	170 000	79 000
Total Current Assets	873 000	821 000	772 000	1 062 000
Total Assets	4 713 000	4 433 000	4 239 000	4 398 000
Total Equity	2 429 000	2 230 000	1 967 000	1 922 000
Short-Term Group Debt	597 000	554 000	515 000	0
Total Long-Term Debt	0	0	0	0
Creditors	707 000	646 000	711 000	449 000
Unpaid Taxes	220 000	59 000	125 000	426 000
Dividends	0	0	0	0
Other Current Debt	759 000	943 000	922 000	1 185 000
Total Current Debt	2 284 000	2 202 000	2 273 000	2 475 000
Total Equity and Debt	4 713 000	4 433 000	4 239 000	4 398 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,19 %	11,79 %	2,24 %	−0,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,39 %	3,54 %	−1,37 %	−1,76 %
Current Ratio	0,38	0,37	0,34	0,43
Quick Ratio	0,4	0,39	0,36	0,45
Equity Ratio	0,52	0,5	0,46	0,44
Gross Profit Margin	77,2 %	83,55 %	78,4 %	75,51 %