GRANNE FORSIKRING

6002 ÅLESUND

Finances

Return on Equity

−19,36 %

Current Ratio

5,06

Debt-to-Equity Ratio

1,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	83 208 000	73 286 000	60 850 000	51 724 000
Net Income	−51 758 000	−13 047 000	−25 489 000	7 802 000
Total Assets	686 109 000	664 282 000	631 773 000	626 621 000
Total Equity	267 314 000	318 858 000	330 214 000	353 862 000

Income (NOK)	2022	2021	2020	2019
Revenue	83 208 000	73 286 000	60 850 000	51 724 000
Expenditure	0	0	0	0
Operating Profit	−33 694 000	−28 259 000	−38 303 000	−11 739 000
Financial Income	−2 047 000	11 819 000	6 947 000	21 738 000
Financial Costs	3 444 000	3 087 000	2 952 000	2 829 000
Financial Balance	−5 491 000	8 732 000	3 995 000	18 909 000
Earnings Before Tax	−38 669 000	−19 303 000	−34 213 000	7 216 000
Tax	13 089 000	−6 256 000	−8 725 000	−587 000
Net Income	−51 758 000	−13 047 000	−25 489 000	7 802 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	236 290 000	173 108 000	151 262 000	140 280 000
Total Current Assets	437 205 000	477 995 000	465 305 000	479 318 000
Total Assets	686 109 000	664 282 000	631 773 000	626 621 000
Total Retained Equity	267 314 000	318 858 000	330 214 000	353 862 000
Total Equity	267 314 000	318 858 000	330 214 000	353 862 000
Total Long-Term Debt	332 391 000	240 311 000	225 745 000	190 089 000
Total Current Debt	86 403 000	105 114 000	75 814 000	82 670 000
Total Equity and Debt	686 109 000	664 282 000	631 773 000	626 621 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	80 864 000	70 826 000	59 941 000	47 608 000
Other Income	2 344 000	2 460 000	909 000	4 116 000
Revenue	83 208 000	73 286 000	60 850 000	51 724 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	0	0	0
Operating Profit	−33 694 000	−28 259 000	−38 303 000	−11 739 000
Financial Income	−2 047 000	11 819 000	6 947 000	21 738 000
Financial Costs	3 444 000	3 087 000	2 952 000	2 829 000
Financial Balance	−5 491 000	8 732 000	3 995 000	18 909 000
Dividends	0	0	0	0
Net Income	−51 758 000	−13 047 000	−25 489 000	7 802 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 613 000	13 179 000	15 206 000	7 024 000
Real Eastate	17 513 000	18 863 000	19 345 000	20 819 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	742 000	1 187 000	727 000	683 000
Total Tangible Assets	18 255 000	20 050 000	20 072 000	21 502 000
Total Fiancial Fixed Assets	218 035 000	139 969 000	131 190 000	118 778 000
Total Fixed Assets	236 290 000	173 108 000	151 262 000	140 280 000
Stock	0	0	0	0
Total Investments	332 201 000	375 657 000	380 438 000	410 430 000
Cash, Bank	0	0	0	0
Total Current Assets	437 205 000	477 995 000	465 305 000	479 318 000
Total Assets	686 109 000	664 282 000	631 773 000	626 621 000
Total Equity	267 314 000	318 858 000	330 214 000	353 862 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	332 391 000	240 311 000	225 745 000	190 089 000
Creditors	16 460 000	13 618 000	15 712 000	12 688 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	69 943 000	91 496 000	60 102 000	69 982 000
Total Current Debt	86 403 000	105 114 000	75 814 000	82 670 000
Total Equity and Debt	686 109 000	664 282 000	631 773 000	626 621 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,36 %	−4,09 %	−7,72 %	2,2 %
Debt-to-Equity Ratio	1,24	0,75	0,68	0,54
Operating Profit Margin	−40,49 %	−38,56 %	−62,95 %	−22,7 %
Current Ratio	5,06	4,55	6,14	5,8
Quick Ratio	5,06	4,55	6,14	5,8
Equity Ratio	0,39	0,48	0,52	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %