GRENBO AS

3714 SKIEN

Finances

Share Ownership

Return on Equity

196,76 %

Current Ratio

7,57

Debt-to-Equity Ratio

6,62

Key figures (NOK)	2022	2021	2020
Revenue	1 256 000	0	0
Net Income	728 000	−387 000	−2 000
Total Assets	2 887 000	1 965 000	642 000
Total Equity	370 000	−358 000	29 000

Income (NOK)	2022	2021	2020
Revenue	1 256 000	0	0
Expenditure	308 000	353 000	2 000
Operating Profit	947 000	−353 000	−2 000
Financial Income	2 000	0	0
Financial Costs	127 000	33 000	0
Financial Balance	−125 000	−33 000	0
Earnings Before Tax	822 000	−387 000	−2 000
Tax	94 000	0	0
Net Income	728 000	−387 000	−2 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 380 000	1 826 000	0
Total Current Assets	507 000	139 000	642 000
Total Assets	2 887 000	1 965 000	642 000
Total Retained Equity	340 000	−388 000	−2 000
Total Equity	370 000	−358 000	29 000
Total Long-Term Debt	2 450 000	2 049 000	614 000
Total Current Debt	67 000	273 000	0
Total Equity and Debt	2 887 000	1 965 000	642 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	1 256 000	0	0
Revenue	1 256 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	3 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	308 000	353 000	2 000
Operating Profit	947 000	−353 000	−2 000
Financial Income	2 000	0	0
Financial Costs	127 000	33 000	0
Financial Balance	−125 000	−33 000	0
Dividends	0	0	0
Net Income	728 000	−387 000	−2 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	2 380 000	1 826 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	2 380 000	1 826 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 380 000	1 826 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	507 000	139 000	642 000
Total Current Assets	507 000	139 000	642 000
Total Assets	2 887 000	1 965 000	642 000
Total Equity	370 000	−358 000	29 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 450 000	2 049 000	614 000
Creditors	8 000	14 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	59 000	260 000	0
Total Current Debt	67 000	273 000	0
Total Equity and Debt	2 887 000	1 965 000	642 000

Financial indicators	2022	2021	2020
Return on Equity	196,76 %	108,1 %	−6,9 %
Debt-to-Equity Ratio	6,62	−5,72	21,17
Operating Profit Margin	75,4 %	-	-
Current Ratio	7,57	0,51	-
Quick Ratio	7,57	0,51	-
Equity Ratio	0,13	−0,18	0,05
Gross Profit Margin	100 %	-	-