GRINI UTVIKLING AS

1361 ØSTERÅS

Finances

Return on Equity

−155,27 %

Current Ratio

1,5

Debt-to-Equity Ratio

52,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 906 000	10 266 000	9 788 000	7 854 000
Net Income	−1 253 000	2 037 000	3 087 000	632 000
Total Assets	45 884 000	48 022 000	47 971 000	42 633 000
Total Equity	807 000	2 030 000	1 993 000	296 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 906 000	10 266 000	9 788 000	7 854 000
Expenditure	10 676 000	7 268 000	5 263 000	5 950 000
Operating Profit	229 000	2 998 000	4 525 000	1 905 000
Financial Income	7 000	5 000	29 000	6 000
Financial Costs	1 489 000	966 000	1 466 000	1 279 000
Financial Balance	−1 482 000	−961 000	−1 437 000	−1 273 000
Earnings Before Tax	−1 253 000	2 037 000	3 087 000	632 000
Tax	0	0	0	0
Net Income	−1 253 000	2 037 000	3 087 000	632 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 305 000	42 848 000	43 533 000	40 764 000
Total Current Assets	3 579 000	5 174 000	4 438 000	1 869 000
Total Assets	45 884 000	48 022 000	47 971 000	42 633 000
Total Retained Equity	610 000	1 930 000	1 893 000	196 000
Total Equity	807 000	2 030 000	1 993 000	296 000
Total Long-Term Debt	42 687 000	42 687 000	42 687 000	40 660 000
Total Current Debt	2 390 000	3 305 000	3 291 000	1 677 000
Total Equity and Debt	45 884 000	48 022 000	47 971 000	42 633 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 000	4 000	0	89 000
Other Income	10 901 000	10 262 000	9 788 000	7 765 000
Revenue	10 906 000	10 266 000	9 788 000	7 854 000
Cost of Goods Sold	1 292 000	899 000	723 000	763 000
Salary Costs	5 588 000	2 801 000	2 201 000	2 426 000
Depreciation	757 000	709 000	701 000	701 000
Impairment	0	0	0	0
Expenditure	10 676 000	7 268 000	5 263 000	5 950 000
Operating Profit	229 000	2 998 000	4 525 000	1 905 000
Financial Income	7 000	5 000	29 000	6 000
Financial Costs	1 489 000	966 000	1 466 000	1 279 000
Financial Balance	−1 482 000	−961 000	−1 437 000	−1 273 000
Dividends	0	2 000 000	2 000 000	0
Net Income	−1 253 000	2 037 000	3 087 000	632 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	29 231 000	29 825 000	30 526 000	31 227 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	16 000	0	0
Total Tangible Assets	29 268 000	29 840 000	30 526 000	31 227 000
Total Fiancial Fixed Assets	13 037 000	13 007 000	13 007 000	9 537 000
Total Fixed Assets	42 305 000	42 848 000	43 533 000	40 764 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 558 000	4 207 000	1 992 000	935 000
Total Current Assets	3 579 000	5 174 000	4 438 000	1 869 000
Total Assets	45 884 000	48 022 000	47 971 000	42 633 000
Total Equity	807 000	2 030 000	1 993 000	296 000
Short-Term Group Debt	440 000	15 000	0	0
Total Long-Term Debt	42 687 000	42 687 000	42 687 000	40 660 000
Creditors	112 000	108 000	56 000	117 000
Unpaid Taxes	795 000	383 000	617 000	340 000
Dividends	0	2 000 000	2 000 000	0
Other Current Debt	1 043 000	799 000	618 000	1 221 000
Total Current Debt	2 390 000	3 305 000	3 291 000	1 677 000
Total Equity and Debt	45 884 000	48 022 000	47 971 000	42 633 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−155,27 %	100,34 %	154,89 %	213,51 %
Debt-to-Equity Ratio	52,9	21,03	21,42	137,36
Operating Profit Margin	2,1 %	29,2 %	46,23 %	24,26 %
Current Ratio	1,5	1,57	1,35	1,11
Quick Ratio	1,5	1,57	1,35	1,11
Equity Ratio	0,02	0,04	0,04	0,01
Gross Profit Margin	88,15 %	91,24 %	92,61 %	90,29 %