GRENLAND SYKLEKLUBB

3734 SKIEN

Finances

Share Ownership

Return on Equity

5,68 %

Current Ratio

15,63

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2018	2016	2002
Revenue	1 573 000	2 066 000	1 318 000
Net Income	111 000	134 000	90 000
Total Assets	2 135 000	2 222 000	463 000
Total Equity	1 954 000	1 927 000	323 000

Income (NOK)	2018	2016	2002
Revenue	1 573 000	2 066 000	1 318 000
Expenditure	1 454 000	1 921 000	1 238 000
Operating Profit	119 000	144 000	80 000
Financial Income	0	0	10 000
Financial Costs	8 000	11 000	0
Financial Balance	−8 000	−11 000	10 000
Earnings Before Tax	111 000	134 000	90 000
Tax	0	0	0
Net Income	111 000	134 000	90 000

Balance (NOK)	2018	2016	2002
Total Fixed Assets	1 337 000	1 465 000	14 000
Total Current Assets	797 000	757 000	449 000
Total Assets	2 135 000	2 222 000	463 000
Total Retained Equity	1 954 000	0	323 000
Total Equity	1 954 000	1 927 000	323 000
Total Long-Term Debt	130 000	237 000	0
Total Current Debt	51 000	58 000	141 000
Total Equity and Debt	2 135 000	2 222 000	464 000

Cash flow (NOK)	2018	2016	2002
Sales Income	891 000	2 066 000	1 166 000
Other Income	682 000	0	152 000
Revenue	1 573 000	2 066 000	1 318 000
Cost of Goods Sold	845 000	1 271 000	0
Salary Costs	136 000	143 000	5 000
Depreciation	67 000	88 000	7 000
Impairment	0	0	0
Expenditure	1 454 000	1 921 000	1 238 000
Operating Profit	119 000	144 000	80 000
Financial Income	0	0	10 000
Financial Costs	8 000	11 000	0
Financial Balance	−8 000	−11 000	10 000
Dividends	0	0	0
Net Income	111 000	134 000	90 000

Balance details (NOK)	2018	2016	2002
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	1 123 000	1 149 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	214 000	316 000	14 000
Total Tangible Assets	1 337 000	1 465 000	14 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 337 000	1 465 000	14 000
Stock	163 000	112 000	0
Total Investments	0	0	0
Cash, Bank	600 000	623 000	0
Total Current Assets	797 000	757 000	449 000
Total Assets	2 135 000	2 222 000	463 000
Total Equity	1 954 000	1 927 000	323 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	130 000	237 000	0
Creditors	22 000	35 000	79 000
Unpaid Taxes	11 000	11 000	0
Dividends	0	0	0
Other Current Debt	18 000	12 000	62 000
Total Current Debt	51 000	58 000	141 000
Total Equity and Debt	2 135 000	2 222 000	464 000

Financial indicators	2018	2016	2002
Return on Equity	5,68 %	6,95 %	27,86 %
Debt-to-Equity Ratio	0,07	0,12	0
Operating Profit Margin	7,57 %	6,97 %	6,07 %
Current Ratio	15,63	13,05	3,18
Quick Ratio	−7,12	−14,02	3,18
Equity Ratio	0,92	0,87	0,7
Gross Profit Margin	46,28 %	38,48 %	100 %