HOTEL UNION AS

6196 NORANGSFJORDEN

Finances

Return on Equity

−12,86 %

Current Ratio

0,9

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 141 000	14 043 000	15 785 000	15 884 000
Net Income	−16 306 000	−2 707 000	−1 992 000	677 000
Total Assets	297 187 000	186 276 000	69 179 000	34 506 000
Total Equity	126 770 000	78 805 000	6 512 000	6 138 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 141 000	14 043 000	15 785 000	15 884 000
Expenditure	39 598 000	15 942 000	17 478 000	14 258 000
Operating Profit	−13 458 000	−1 898 000	−1 692 000	1 625 000
Financial Income	1 000	278 000	135 000	164 000
Financial Costs	1 888 000	1 912 000	1 030 000	956 000
Financial Balance	−1 887 000	−1 634 000	−895 000	−792 000
Earnings Before Tax	−20 829 000	−3 532 000	−2 587 000	833 000
Tax	−4 523 000	−826 000	−595 000	156 000
Net Income	−16 306 000	−2 707 000	−1 992 000	677 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	289 270 000	175 568 000	59 520 000	32 093 000
Total Current Assets	7 917 000	10 708 000	9 660 000	2 413 000
Total Assets	297 187 000	186 276 000	69 179 000	34 506 000
Total Retained Equity	0	0	1 717 000	3 709 000
Total Equity	126 770 000	78 805 000	6 512 000	6 138 000
Total Long-Term Debt	161 619 000	94 580 000	57 100 000	26 493 000
Total Current Debt	8 798 000	12 891 000	5 568 000	1 876 000
Total Equity and Debt	297 187 000	186 276 000	69 179 000	34 506 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 519 000	13 993 000	15 763 000	15 736 000
Other Income	622 000	49 000	22 000	147 000
Revenue	26 141 000	14 043 000	15 785 000	15 884 000
Cost of Goods Sold	5 316 000	2 533 000	3 033 000	3 344 000
Salary Costs	14 789 000	5 297 000	6 328 000	6 908 000
Depreciation	8 883 000	1 561 000	1 114 000	1 017 000
Impairment	441 000	2 423 000	3 585 000	0
Expenditure	39 598 000	15 942 000	17 478 000	14 258 000
Operating Profit	−13 458 000	−1 898 000	−1 692 000	1 625 000
Financial Income	1 000	278 000	135 000	164 000
Financial Costs	1 888 000	1 912 000	1 030 000	956 000
Financial Balance	−1 887 000	−1 634 000	−895 000	−792 000
Dividends	0	0	0	0
Net Income	−16 306 000	−2 707 000	−1 992 000	677 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 931 000	578 000	0	0
Real Eastate	243 143 000	154 073 000	54 012 000	27 195 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 172 000	20 893 000	5 483 000	4 874 000
Total Tangible Assets	283 315 000	174 966 000	59 496 000	32 069 000
Total Fiancial Fixed Assets	24 000	24 000	24 000	24 000
Total Fixed Assets	289 270 000	175 568 000	59 520 000	32 093 000
Stock	1 295 000	599 000	320 000	442 000
Total Investments	0	0	0	0
Cash, Bank	3 597 000	767 000	1 096 000	229 000
Total Current Assets	7 917 000	10 708 000	9 660 000	2 413 000
Total Assets	297 187 000	186 276 000	69 179 000	34 506 000
Total Equity	126 770 000	78 805 000	6 512 000	6 138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	161 619 000	94 580 000	57 100 000	26 493 000
Creditors	4 815 000	11 501 000	4 257 000	689 000
Unpaid Taxes	1 213 000	382 000	316 000	365 000
Dividends	0	0	0	0
Other Current Debt	2 770 000	1 008 000	995 000	821 000
Total Current Debt	8 798 000	12 891 000	5 568 000	1 876 000
Total Equity and Debt	297 187 000	186 276 000	69 179 000	34 506 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,86 %	−3,44 %	−30,59 %	11,03 %
Debt-to-Equity Ratio	1,27	1,2	8,77	4,32
Operating Profit Margin	−51,48 %	−13,52 %	−10,72 %	10,23 %
Current Ratio	0,9	0,83	1,73	1,29
Quick Ratio	1,06	0,87	1,84	1,68
Equity Ratio	0,43	0,42	0,09	0,18
Gross Profit Margin	79,66 %	81,96 %	80,79 %	78,95 %