AS GRANIT

6170 VARTDAL

Finances

Share Ownership

Return on Equity

−6,75 %

Current Ratio

7,86

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	383 000	612 000	486 000	266 000
Net Income	−4 563 000	11 317 000	4 981 000	7 998 000
Total Assets	80 158 000	89 571 000	83 519 000	84 415 000
Total Equity	67 604 000	77 637 000	73 704 000	77 099 000

Income (NOK)	2022	2021	2020	2019
Revenue	383 000	612 000	486 000	266 000
Expenditure	2 325 000	2 618 000	2 513 000	2 618 000
Operating Profit	−1 942 000	−2 006 000	−2 027 000	−2 353 000
Financial Income	1 486 000	13 268 000	5 912 000	11 112 000
Financial Costs	4 968 000	135 000	21 000	0
Financial Balance	−3 482 000	13 133 000	5 891 000	11 112 000
Earnings Before Tax	−5 423 000	11 127 000	3 864 000	8 759 000
Tax	−860 000	−190 000	−1 117 000	762 000
Net Income	−4 563 000	11 317 000	4 981 000	7 998 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 442 000	1 641 000	1 839 000	2 022 000
Total Current Assets	78 716 000	87 931 000	81 680 000	82 394 000
Total Assets	80 158 000	89 571 000	83 519 000	84 415 000
Total Retained Equity	66 510 000	76 543 000	72 610 000	76 005 000
Total Equity	67 604 000	77 637 000	73 704 000	77 099 000
Total Long-Term Debt	2 534 000	3 679 000	4 369 000	6 191 000
Total Current Debt	10 020 000	8 255 000	5 446 000	1 125 000
Total Equity and Debt	80 158 000	89 571 000	83 519 000	84 415 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	383 000	612 000	486 000	266 000
Revenue	383 000	612 000	486 000	266 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 143 000	1 196 000	1 316 000	1 156 000
Depreciation	199 000	199 000	199 000	163 000
Impairment	0	0	0	0
Expenditure	2 325 000	2 618 000	2 513 000	2 618 000
Operating Profit	−1 942 000	−2 006 000	−2 027 000	−2 353 000
Financial Income	1 486 000	13 268 000	5 912 000	11 112 000
Financial Costs	4 968 000	135 000	21 000	0
Financial Balance	−3 482 000	13 133 000	5 891 000	11 112 000
Dividends	5 470 000	4 376 000	4 376 000	0
Net Income	−4 563 000	11 317 000	4 981 000	7 998 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 334 000	1 474 000	1 614 000	1 738 000
Machinery and Plant Facilities	59 000	117 000	176 000	234 000
Fixtures	50 000	50 000	50 000	50 000
Total Tangible Assets	1 442 000	1 641 000	1 839 000	2 022 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 442 000	1 641 000	1 839 000	2 022 000
Stock	0	0	0	0
Total Investments	76 431 000	84 056 000	78 462 000	79 189 000
Cash, Bank	2 139 000	3 701 000	3 037 000	3 037 000
Total Current Assets	78 716 000	87 931 000	81 680 000	82 394 000
Total Assets	80 158 000	89 571 000	83 519 000	84 415 000
Total Equity	67 604 000	77 637 000	73 704 000	77 099 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 534 000	3 679 000	4 369 000	6 191 000
Creditors	119 000	88 000	76 000	16 000
Unpaid Taxes	102 000	108 000	148 000	116 000
Dividends	5 470 000	4 376 000	4 376 000	0
Other Current Debt	4 044 000	3 183 000	142 000	149 000
Total Current Debt	10 020 000	8 255 000	5 446 000	1 125 000
Total Equity and Debt	80 158 000	89 571 000	83 519 000	84 415 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,75 %	14,58 %	6,76 %	10,37 %
Debt-to-Equity Ratio	0,04	0,05	0,06	0,08
Operating Profit Margin	−507,05 %	−327,78 %	−417,08 %	−884,59 %
Current Ratio	7,86	10,65	15	73,24
Quick Ratio	7,86	10,65	15	73,24
Equity Ratio	0,84	0,87	0,88	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %