HOSPITALITY INVEST AS financials
HOSPITALITY INVEST AS
Country: NO Reporting currency: NOK Latest annual report: 2021-12-31
LEI:
529900TOP647L65HYI85 Financial statements
(NOK, as reported — unscaled; 99 line items across 2 annual periods)
| Line item | 2021 | 2020 |
|---|---|---|
| Income statement | ||
| Revenue | NOK 9.81B | NOK 8.50B |
| Other income | NOK 41.7M | NOK 73.0M |
| Operating expenses | NOK 9.51B | NOK 8.36B |
| Raw materials & consumables used | NOK 493.5M | NOK 314.5M |
| Depreciation & amortisation | NOK 759.7M | NOK 697.4M |
| Operating profit (EBIT) | NOK 451.8M | NOK 271.7M |
| Net finance income / (cost) | -NOK 192.3M | -NOK 439.9M |
| Finance costs | NOK 378.9M | NOK 533.6M |
| Profit before tax | NOK 259.4M | -NOK 168.3M |
| Income tax expense | NOK 2.3M | -NOK 47.8M |
| Profit for the year | NOK 257.1M | -NOK 120.4M |
| — attributable to owners | NOK 226.6M | -NOK 113.5M |
| — attributable to NCI | NOK 30.5M | -NOK 7.0M |
| Total comprehensive income | NOK 221.4M | -NOK 81.3M |
| Cash flow statement | ||
| Cash generated from operations | NOK 966.0M | NOK 658.1M |
| Net cash from operating activities | NOK 967.5M | NOK 673.6M |
| Net cash from investing activities | -NOK 94.4M | -NOK 51.7M |
| Purchase of PP&E (capex) | NOK 165.2M | NOK 461.6M |
| Net cash from financing activities | -NOK 807.2M | -NOK 344.2M |
| Dividends paid | NOK 15.7M | NOK 0 |
| Proceeds from borrowings | NOK 19.4M | NOK 122.3M |
| Repayments of borrowings | NOK 29.4M | NOK 110.1M |
| Lease liability payments | NOK 438.6M | NOK 117.9M |
| Net change in cash | NOK 65.9M | NOK 277.8M |
| Balance sheet | ||
| Total assets | NOK 12.30B | NOK 11.57B |
| Non-current assets | NOK 10.28B | NOK 9.85B |
| Property, plant & equipment | NOK 855.2M | NOK 1.24B |
| Current assets | NOK 2.03B | NOK 1.72B |
| Inventories | NOK 32.7M | NOK 10.3M |
| Trade & other receivables | NOK 1.16B | NOK 1.01B |
| Cash & equivalents | NOK 762.3M | NOK 704.1M |
| Total equity | NOK 1.45B | NOK 1.19B |
| — attributable to owners | NOK 1.27B | NOK 1.03B |
| Non-controlling interests | NOK 185.9M | NOK 160.3M |
| Non-current liabilities | NOK 7.25B | NOK 6.19B |
| Lease liabilities (non-current) | NOK 4.59B | NOK 4.05B |
| Current liabilities | NOK 3.60B | NOK 4.19B |
| Lease liabilities (current) | NOK 535.7M | NOK 514.0M |
| Trade & other payables | NOK 1.83B | NOK 1.72B |
| Deferred tax liabilities | NOK 220.2M | NOK 291.9M |
| Derived metrics | ||
| Free cash flow | NOK 802.3M | NOK 212.0M |
| Operating margin | 4.6% | 3.2% |
| Net margin | 2.6% | -1.4% |
| Return on equity | 17.7% | -10.1% |
| Cash conversion ratio | 3.76× | -5.59× |
| Capex coverage | 5.86× | 1.46× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | -NOK 22.4M | -NOK 209.0K |
| Adjustments For Decrease Increase In Trade Account Receivable | -NOK 155.5M | -NOK 273.4M |
| Adjustments For Depreciation and Amortisation Expense | NOK 166.0M | NOK 169.5M |
| Adjustments For Fair Value Gains Losses | -NOK 13.2M | NOK 0 |
| Adjustments For Finance Costs | NOK 226.7M | NOK 322.0M |
| Adjustments For Income Tax Expense | NOK 2.3M | -NOK 47.8M |
| Adjustments For Increase Decrease In Trade Account Payable | NOK 128.1M | NOK 222.2M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | -NOK 52.3M | -NOK 122.6M |
| Adjustments For Provisions | -NOK 47.8M | NOK 34.0M |
| Adjustments For Undistributed Profits of Associates | NOK 116.7M | NOK 53.0M |
| Cash Advances and Loans Made To Other Parties Classified As Investing Activities | -NOK 29.5M | -NOK 9.6M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | NOK 126.1M | NOK 0 |
| Comprehensive Income Attributable To Noncontrolling Interests | NOK 21.0M | NOK 6.6M |
| Comprehensive Income Attributable To Owners of Parent | NOK 200.4M | -NOK 87.9M |
| Current Tax Liabilities Current | NOK 18.0M | NOK 16.6M |
| Deferred Tax Assets | NOK 214.6M | NOK 190.3M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -NOK 7.6M | NOK 22.9M |
| Equity and Liabilities | NOK 12.30B | NOK 11.57B |
| Finance Income | NOK 186.6M | NOK 93.7M |
| Income Tax Relating To Changes In Revaluation Surplus of Other Comprehensive Income | NOK 0 | -NOK 232.0K |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | NOK 1.3M | -NOK 4.6M |
| Income Tax Relating To Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss | NOK 0 | NOK 0 |
| Income Taxes Paid Refund Classified As Operating Activities | -NOK 1.5M | -NOK 15.5M |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | NOK 8.5M | NOK 31.4M |
| Increase Decrease Through Other Distributions To Owners | — | NOK 41.3M |
| Increase Decrease Through Transfers and Other Changes Equity | NOK 23.5M | — |
| Intangible Assets Other Than Goodwill | NOK 3.22B | NOK 3.15B |
| Interest Paid Classified As Financing Activities | NOK 363.4M | NOK 238.0M |
| Interest Received Classified As Investing Activities | NOK 15.9M | NOK 18.8M |
| Investment Accounted For Using Equity Method | NOK 768.7M | NOK 489.0M |
| Issue of Equity | — | NOK 0 |
| Issued Capital | NOK 20.4M | NOK 20.4M |
| Liabilities | NOK 10.85B | NOK 10.38B |
| Noncurrent Provisions For Employee Benefits | NOK 101.4M | NOK 117.2M |
| Noncurrent Receivables | NOK 199.8M | NOK 189.3M |
| Other Cash Payments To Acquire Equity Or Debt Instruments of Other Entities Classified As Investing Activities | NOK 187.9M | NOK 27.0M |
| Other Comprehensive Income | -NOK 35.7M | NOK 39.1M |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | -NOK 40.2M | NOK 49.9M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | NOK 5.8M | -NOK 20.8M |
| Other Comprehensive Income Before Tax Gains Losses On Revaluation | NOK 0 | NOK 5.2M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Before Tax | NOK 4.5M | -NOK 10.7M |
| Other Current Financial Assets | NOK 66.4M | NOK 0 |
| Other Current Financial Liabilities | NOK 1.22B | NOK 1.94B |
| Other Expense By Nature | NOK 1.12B | NOK 1.07B |
| Other Noncurrent Financial Assets | NOK 181.3M | NOK 204.5M |
| Other Noncurrent Financial Liabilities | NOK 2.34B | NOK 1.74B |
| Proceeds From Other Longterm Assets Classified As Investing Activities | NOK 339.4M | NOK 408.5M |
| Reclassification Adjustments On Exchange Differences On Translation Before Tax | NOK 40.2M | -NOK 49.9M |
| Repayments of Current Borrowings | NOK 2.9M | NOK 508.0K |
| Rightofuse Assets That Do Not Meet Definition of Investment Property | NOK 4.83B | NOK 4.36B |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | NOK 116.7M | NOK 53.0M |
| Share Premium | NOK 171.9M | NOK 171.9M |
| Wages and Salaries | NOK 7.14B | NOK 6.28B |
Methodology
Every line item above is a fact tagged in HOSPITALITY INVEST AS's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (NOK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.