LAVIK FJORD HOTELL AS

6947 LAVIK

Finances

Return on Equity

10,82 %

Current Ratio

1,07

Debt-to-Equity Ratio

2,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 085 000	5 434 000	4 519 000	5 943 000
Net Income	347 000	380 000	−399 000	480 000
Total Assets	11 079 000	11 393 000	10 302 000	6 725 000
Total Equity	3 206 000	2 859 000	2 479 000	2 878 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 085 000	5 434 000	4 519 000	5 943 000
Expenditure	6 211 000	4 504 000	4 723 000	5 114 000
Operating Profit	873 000	931 000	−204 000	829 000
Financial Income	55 000	4 000	4 000	10 000
Financial Costs	483 000	444 000	311 000	222 000
Financial Balance	−428 000	−440 000	−307 000	−212 000
Earnings Before Tax	445 000	491 000	−511 000	617 000
Tax	98 000	111 000	−112 000	137 000
Net Income	347 000	380 000	−399 000	480 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 243 000	10 378 000	8 813 000	6 243 000
Total Current Assets	836 000	1 015 000	1 488 000	482 000
Total Assets	11 079 000	11 393 000	10 302 000	6 725 000
Total Retained Equity	2 106 000	1 759 000	1 379 000	1 778 000
Total Equity	3 206 000	2 859 000	2 479 000	2 878 000
Total Long-Term Debt	7 095 000	7 538 000	7 320 000	3 206 000
Total Current Debt	778 000	997 000	503 000	640 000
Total Equity and Debt	11 079 000	11 393 000	10 302 000	6 725 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 926 000	5 215 000	4 396 000	5 943 000
Other Income	159 000	219 000	123 000	0
Revenue	7 085 000	5 434 000	4 519 000	5 943 000
Cost of Goods Sold	1 223 000	919 000	794 000	937 000
Salary Costs	2 629 000	1 634 000	1 651 000	2 143 000
Depreciation	632 000	524 000	350 000	340 000
Impairment	0	0	0	0
Expenditure	6 211 000	4 504 000	4 723 000	5 114 000
Operating Profit	873 000	931 000	−204 000	829 000
Financial Income	55 000	4 000	4 000	10 000
Financial Costs	483 000	444 000	311 000	222 000
Financial Balance	−428 000	−440 000	−307 000	−212 000
Dividends	0	0	0	0
Net Income	347 000	380 000	−399 000	480 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 661 000	10 163 000	8 804 000	6 232 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	582 000	216 000	10 000	11 000
Total Tangible Assets	10 243 000	10 378 000	8 813 000	6 243 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 243 000	10 378 000	8 813 000	6 243 000
Stock	108 000	79 000	110 000	129 000
Total Investments	10 000	10 000	10 000	10 000
Cash, Bank	548 000	760 000	970 000	222 000
Total Current Assets	836 000	1 015 000	1 488 000	482 000
Total Assets	11 079 000	11 393 000	10 302 000	6 725 000
Total Equity	3 206 000	2 859 000	2 479 000	2 878 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 095 000	7 538 000	7 320 000	3 206 000
Creditors	9 000	467 000	67 000	41 000
Unpaid Taxes	192 000	98 000	92 000	151 000
Dividends	0	0	0	0
Other Current Debt	481 000	328 000	344 000	317 000
Total Current Debt	778 000	997 000	503 000	640 000
Total Equity and Debt	11 079 000	11 393 000	10 302 000	6 725 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,82 %	13,29 %	−16,1 %	16,68 %
Debt-to-Equity Ratio	2,21	2,64	2,95	1,11
Operating Profit Margin	12,32 %	17,13 %	−4,51 %	13,95 %
Current Ratio	1,07	1,02	2,96	0,75
Quick Ratio	1,25	1,11	3,79	0,94
Equity Ratio	0,29	0,25	0,24	0,43
Gross Profit Margin	82,74 %	83,09 %	82,43 %	84,23 %