SMARTHOTEL OSLO AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

70,54 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 686 000	35 821 000	33 146 000	63 925 000
Net Income	10 890 000	−2 987 000	−5 109 000	5 241 000
Total Assets	59 989 000	41 130 000	44 527 000	49 047 000
Total Equity	15 437 000	17 880 000	20 867 000	24 363 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 686 000	35 821 000	33 146 000	63 925 000
Expenditure	63 391 000	39 691 000	39 862 000	57 248 000
Operating Profit	13 295 000	−3 869 000	−6 716 000	6 676 000
Financial Income	672 000	46 000	178 000	55 000
Financial Costs	3 000	6 000	12 000	10 000
Financial Balance	669 000	40 000	166 000	45 000
Earnings Before Tax	13 964 000	−3 829 000	−6 549 000	6 721 000
Tax	3 074 000	−842 000	−1 440 000	1 480 000
Net Income	10 890 000	−2 987 000	−5 109 000	5 241 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 030 000	3 805 000	3 060 000	2 113 000
Total Current Assets	56 959 000	37 326 000	41 468 000	46 934 000
Total Assets	59 989 000	41 130 000	44 527 000	49 047 000
Total Retained Equity	0	0	0	2 753 000
Total Equity	15 437 000	17 880 000	20 867 000	24 363 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	44 552 000	23 250 000	23 660 000	24 684 000
Total Equity and Debt	59 989 000	41 130 000	44 527 000	49 047 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	76 409 000	28 773 000	33 146 000	63 925 000
Other Income	277 000	7 049 000	0	0
Revenue	76 686 000	35 821 000	33 146 000	63 925 000
Cost of Goods Sold	2 834 000	1 015 000	1 228 000	2 386 000
Salary Costs	10 705 000	4 017 000	5 662 000	8 240 000
Depreciation	348 000	215 000	241 000	289 000
Impairment	0	0	0	0
Expenditure	63 391 000	39 691 000	39 862 000	57 248 000
Operating Profit	13 295 000	−3 869 000	−6 716 000	6 676 000
Financial Income	672 000	46 000	178 000	55 000
Financial Costs	3 000	6 000	12 000	10 000
Financial Balance	669 000	40 000	166 000	45 000
Dividends	0	0	0	0
Net Income	10 890 000	−2 987 000	−5 109 000	5 241 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 691 000	3 260 000	2 418 000	1 433 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 339 000	544 000	642 000	680 000
Total Tangible Assets	1 339 000	544 000	642 000	680 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 030 000	3 805 000	3 060 000	2 113 000
Stock	123 000	98 000	41 000	164 000
Total Investments	0	0	0	0
Cash, Bank	4 731 000	3 854 000	3 874 000	3 746 000
Total Current Assets	56 959 000	37 326 000	41 468 000	46 934 000
Total Assets	59 989 000	41 130 000	44 527 000	49 047 000
Total Equity	15 437 000	17 880 000	20 867 000	24 363 000
Short-Term Group Debt	28 969 000	13 645 000	13 637 000	13 637 000
Total Long-Term Debt	0	0	0	0
Creditors	3 308 000	1 707 000	2 613 000	1 287 000
Unpaid Taxes	635 000	436 000	329 000	530 000
Dividends	0	0	0	0
Other Current Debt	11 641 000	7 462 000	7 081 000	9 229 000
Total Current Debt	44 552 000	23 250 000	23 660 000	24 684 000
Total Equity and Debt	59 989 000	41 130 000	44 527 000	49 047 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,54 %	−16,71 %	−24,48 %	21,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,34 %	−10,8 %	−20,26 %	10,44 %
Current Ratio	1,28	1,61	1,75	1,9
Quick Ratio	1,28	1,61	1,76	1,91
Equity Ratio	0,26	0,43	0,47	0,5
Gross Profit Margin	96,3 %	97,17 %	96,3 %	96,27 %