HOTEL GRANDANE AS

6887 LÆRDAL

Finances

Return on Equity

1,14 %

Current Ratio

5,35

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 385 000	2 567 000	76 000	3 148 000
Net Income	55 000	253 000	−376 000	1 301 000
Total Assets	5 469 000	6 251 000	4 988 000	5 785 000
Total Equity	4 807 000	4 753 000	4 796 000	5 173 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 385 000	2 567 000	76 000	3 148 000
Expenditure	1 342 000	2 270 000	584 000	1 492 000
Operating Profit	43 000	298 000	−508 000	1 655 000
Financial Income	30 000	27 000	28 000	31 000
Financial Costs	0	0	2 000	18 000
Financial Balance	30 000	27 000	26 000	13 000
Earnings Before Tax	73 000	324 000	−482 000	1 668 000
Tax	19 000	71 000	−106 000	367 000
Net Income	55 000	253 000	−376 000	1 301 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 383 000	2 576 000	2 769 000	2 963 000
Total Current Assets	3 086 000	3 675 000	2 219 000	2 822 000
Total Assets	5 469 000	6 251 000	4 988 000	5 785 000
Total Retained Equity	3 931 000	3 876 000	3 920 000	4 296 000
Total Equity	4 807 000	4 753 000	4 796 000	5 173 000
Total Long-Term Debt	84 000	99 000	112 000	120 000
Total Current Debt	577 000	1 398 000	80 000	492 000
Total Equity and Debt	5 469 000	6 251 000	4 988 000	5 785 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 385 000	2 305 000	42 000	3 148 000
Other Income	0	262 000	34 000	0
Revenue	1 385 000	2 567 000	76 000	3 148 000
Cost of Goods Sold	185 000	306 000	0	101 000
Salary Costs	417 000	832 000	80 000	628 000
Depreciation	193 000	193 000	194 000	163 000
Impairment	0	0	0	0
Expenditure	1 342 000	2 270 000	584 000	1 492 000
Operating Profit	43 000	298 000	−508 000	1 655 000
Financial Income	30 000	27 000	28 000	31 000
Financial Costs	0	0	2 000	18 000
Financial Balance	30 000	27 000	26 000	13 000
Dividends	0	0	0	0
Net Income	55 000	253 000	−376 000	1 301 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 042 000	2 178 000	2 314 000	2 451 000
Machinery and Plant Facilities	250 000	256 000	262 000	268 000
Fixtures	81 000	132 000	183 000	234 000
Total Tangible Assets	2 373 000	2 566 000	2 759 000	2 953 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	2 383 000	2 576 000	2 769 000	2 963 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 792 000	2 785 000	1 971 000	2 667 000
Total Current Assets	3 086 000	3 675 000	2 219 000	2 822 000
Total Assets	5 469 000	6 251 000	4 988 000	5 785 000
Total Equity	4 807 000	4 753 000	4 796 000	5 173 000
Short-Term Group Debt	380 000	380 000	0	46 000
Total Long-Term Debt	84 000	99 000	112 000	120 000
Creditors	37 000	593 000	76 000	77 000
Unpaid Taxes	34 000	153 000	0	0
Dividends	0	0	0	0
Other Current Debt	92 000	272 000	4 000	5 000
Total Current Debt	577 000	1 398 000	80 000	492 000
Total Equity and Debt	5 469 000	6 251 000	4 988 000	5 785 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,14 %	5,32 %	−7,84 %	25,15 %
Debt-to-Equity Ratio	0,02	0,02	0,02	0,02
Operating Profit Margin	3,1 %	11,61 %	−668,42 %	52,57 %
Current Ratio	5,35	2,63	27,74	5,74
Quick Ratio	5,35	2,63	27,74	5,74
Equity Ratio	0,88	0,76	0,96	0,89
Gross Profit Margin	86,64 %	88,08 %	100 %	96,79 %