The good: Excellent service and friendly staff. The location is ideal if you're traveling the eastern fjords and need a place to stay along the way. Rooms are clean. Lots of electrical outlets.
The bad: I'm not necessarily rating it down for this but the building is antiquated. It has some charm to it but as a result, the rooms are bit tight, and the furniture is dated. Again, this shouldn't prevent anyone from considering staying there but just a warning for someone who wants a modern hotel.
The ugly: So this the only reason I can't give it a 5/5. The bathroom situation (or at least mine) is the shower isn't enclosed and shares the same floor as the rest of the room. Only thing separating it is a curtain. There's a drainage but for this type of bathroom to work effectively, the shower floor needs to be built at an angle to which the water naturally flows into it. The floor in this bathroom is flat so it ends up going everywhere. It's a first world problem, but ultimately you'll want to have slippers because the entire bathroom floor will stay wet until it has time to dry.