NORWEGIAN HOTELS AND APARTMENTS AS

0653 OSLO

Finances

Return on Equity

12,55 %

Current Ratio

1,05

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2021	2020	2019	2018
Revenue	35 506 000	33 240 000	69 612 000	73 234 000
Net Income	17 684 000	77 401 000	3 673 000	1 438 000
Total Assets	192 529 000	153 457 000	155 228 000	131 699 000
Total Equity	140 930 000	123 246 000	115 857 000	117 862 000

Income (NOK)	2021	2020	2019	2018
Revenue	35 506 000	33 240 000	69 612 000	73 234 000
Expenditure	15 220 000	33 421 000	64 485 000	70 658 000
Operating Profit	20 286 000	−181 000	5 127 000	2 577 000
Financial Income	2 562 000	79 464 000	180 000	100 000
Financial Costs	14 000	1 368 000	49 000	48 000
Financial Balance	2 548 000	78 096 000	131 000	52 000
Earnings Before Tax	22 835 000	77 915 000	5 258 000	2 628 000
Tax	5 151 000	514 000	1 585 000	1 190 000
Net Income	17 684 000	77 401 000	3 673 000	1 438 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	151 045 000	118 234 000	117 680 000	78 097 000
Total Current Assets	41 484 000	35 223 000	37 548 000	53 602 000
Total Assets	192 529 000	153 457 000	155 228 000	131 699 000
Total Retained Equity	140 830 000	123 146 000	115 757 000	117 762 000
Total Equity	140 930 000	123 246 000	115 857 000	117 862 000
Total Long-Term Debt	12 176 000	8 990 000	7 070 000	3 894 000
Total Current Debt	39 423 000	21 222 000	32 301 000	9 943 000
Total Equity and Debt	192 529 000	153 457 000	155 228 000	131 699 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	35 446 000	32 765 000	68 852 000	44 652 000
Other Income	60 000	475 000	760 000	28 583 000
Revenue	35 506 000	33 240 000	69 612 000	73 234 000
Cost of Goods Sold	152 000	65 000	4 505 000	7 783 000
Salary Costs	1 159 000	1 724 000	6 279 000	5 875 000
Depreciation	221 000	221 000	1 988 000	2 455 000
Impairment	0	0	−39 000	0
Expenditure	15 220 000	33 421 000	64 485 000	70 658 000
Operating Profit	20 286 000	−181 000	5 127 000	2 577 000
Financial Income	2 562 000	79 464 000	180 000	100 000
Financial Costs	14 000	1 368 000	49 000	48 000
Financial Balance	2 548 000	78 096 000	131 000	52 000
Dividends	0	0	0	0
Net Income	17 684 000	77 401 000	3 673 000	1 438 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	77 000	0	13 000
Real Eastate	7 454 000	7 620 000	105 117 000	75 186 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	396 000	691 000	3 117 000	2 895 000
Total Tangible Assets	7 850 000	8 310 000	108 234 000	78 081 000
Total Fiancial Fixed Assets	143 195 000	109 846 000	9 446 000	3 000
Total Fixed Assets	151 045 000	118 234 000	117 680 000	78 097 000
Stock	0	0	379 000	505 000
Total Investments	0	0	0	0
Cash, Bank	11 079 000	4 204 000	26 613 000	41 845 000
Total Current Assets	41 484 000	35 223 000	37 548 000	53 602 000
Total Assets	192 529 000	153 457 000	155 228 000	131 699 000
Total Equity	140 930 000	123 246 000	115 857 000	117 862 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 176 000	8 990 000	7 070 000	3 894 000
Creditors	12 430 000	9 826 000	7 677 000	6 919 000
Unpaid Taxes	547 000	197 000	431 000	590 000
Dividends	0	0	0	0
Other Current Debt	24 386 000	10 607 000	22 310 000	1 244 000
Total Current Debt	39 423 000	21 222 000	32 301 000	9 943 000
Total Equity and Debt	192 529 000	153 457 000	155 228 000	131 699 000

Financial indicators	2021	2020	2019	2018
Return on Equity	12,55 %	62,8 %	3,17 %	1,22 %
Debt-to-Equity Ratio	0,09	0,07	0,06	0,03
Operating Profit Margin	57,13 %	−0,54 %	7,37 %	3,52 %
Current Ratio	1,05	1,66	1,16	5,39
Quick Ratio	1,05	1,66	1,18	5,68
Equity Ratio	0,73	0,8	0,75	0,89
Gross Profit Margin	99,57 %	99,8 %	93,53 %	89,37 %