GRAND HOTEL ARENDAL DRIFT AS

4836 ARENDAL

Finances

Return on Equity

124,1 %

Current Ratio

1,41

Debt-to-Equity Ratio

−1,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 585 000	11 237 000	8 070 000	9 349 000
Net Income	−1 282 000	547 000	−1 419 000	−1 014 000
Total Assets	2 386 000	6 271 000	2 931 000	2 597 000
Total Equity	−1 033 000	−765 000	−1 312 000	−1 250 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 585 000	11 237 000	8 070 000	9 349 000
Expenditure	15 157 000	10 660 000	9 852 000	10 276 000
Operating Profit	−1 572 000	577 000	−1 783 000	−928 000
Financial Income	6 000	0	0	0
Financial Costs	3 000	30 000	19 000	87 000
Financial Balance	3 000	−30 000	−19 000	−87 000
Earnings Before Tax	−1 568 000	547 000	−1 802 000	−1 014 000
Tax	−286 000	0	−383 000	0
Net Income	−1 282 000	547 000	−1 419 000	−1 014 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	286 000	4 295 000	284 000	927 000
Total Current Assets	2 099 000	1 976 000	2 647 000	1 671 000
Total Assets	2 386 000	6 271 000	2 931 000	2 597 000
Total Retained Equity	−1 133 000	−865 000	−1 412 000	−1 350 000
Total Equity	−1 033 000	−765 000	−1 312 000	−1 250 000
Total Long-Term Debt	1 934 000	5 684 000	3 234 000	616 000
Total Current Debt	1 485 000	1 352 000	1 009 000	3 231 000
Total Equity and Debt	2 386 000	6 271 000	2 931 000	2 597 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 585 000	9 180 000	7 075 000	9 145 000
Other Income	0	2 057 000	995 000	204 000
Revenue	13 585 000	11 237 000	8 070 000	9 349 000
Cost of Goods Sold	1 167 000	537 000	570 000	847 000
Salary Costs	5 419 000	3 383 000	3 474 000	4 165 000
Depreciation	107 000	97 000	140 000	127 000
Impairment	0	0	0	0
Expenditure	15 157 000	10 660 000	9 852 000	10 276 000
Operating Profit	−1 572 000	577 000	−1 783 000	−928 000
Financial Income	6 000	0	0	0
Financial Costs	3 000	30 000	19 000	87 000
Financial Balance	3 000	−30 000	−19 000	−87 000
Dividends	0	0	0	0
Net Income	−1 282 000	547 000	−1 419 000	−1 014 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	286 000	256 000	284 000	549 000
Total Tangible Assets	286 000	256 000	284 000	549 000
Total Fiancial Fixed Assets	0	4 039 000	0	378 000
Total Fixed Assets	286 000	4 295 000	284 000	927 000
Stock	19 000	96 000	12 000	20 000
Total Investments	0	0	0	0
Cash, Bank	145 000	1 232 000	145 000	935 000
Total Current Assets	2 099 000	1 976 000	2 647 000	1 671 000
Total Assets	2 386 000	6 271 000	2 931 000	2 597 000
Total Equity	−1 033 000	−765 000	−1 312 000	−1 250 000
Short-Term Group Debt	60 000	0	0	0
Total Long-Term Debt	1 934 000	5 684 000	3 234 000	616 000
Creditors	342 000	614 000	449 000	2 219 000
Unpaid Taxes	318 000	268 000	171 000	357 000
Dividends	0	0	0	0
Other Current Debt	765 000	470 000	388 000	655 000
Total Current Debt	1 485 000	1 352 000	1 009 000	3 231 000
Total Equity and Debt	2 386 000	6 271 000	2 931 000	2 597 000

Financial indicators	2022	2021	2020	2019
Return on Equity	124,1 %	−71,5 %	108,16 %	81,12 %
Debt-to-Equity Ratio	−1,87	−7,43	−2,46	−0,49
Operating Profit Margin	−11,57 %	5,13 %	−22,09 %	−9,93 %
Current Ratio	1,41	1,46	2,62	0,52
Quick Ratio	1,43	1,57	2,65	0,52
Equity Ratio	−0,43	−0,12	−0,45	−0,48
Gross Profit Margin	91,41 %	95,22 %	92,94 %	90,94 %