GRELLAND EIENDOM AS

3085 HOLMESTRAND

Finances

Share Ownership

Return on Equity

68,84 %

Current Ratio

1,93

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 694 000	2 293 000	2 045 000	2 048 000
Net Income	1 328 000	1 065 000	863 000	936 000
Total Assets	5 324 000	4 870 000	6 971 000	6 461 000
Total Equity	1 929 000	656 000	1 897 000	1 317 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 694 000	2 293 000	2 045 000	2 048 000
Expenditure	1 080 000	881 000	833 000	766 000
Operating Profit	1 615 000	1 413 000	1 212 000	1 282 000
Financial Income	0	0	21 000	91 000
Financial Costs	0	0	126 000	173 000
Financial Balance	0	0	−105 000	−82 000
Earnings Before Tax	1 614 000	1 412 000	1 107 000	1 200 000
Tax	286 000	348 000	244 000	264 000
Net Income	1 328 000	1 065 000	863 000	936 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 510 000	3 799 000	4 024 000	5 597 000
Total Current Assets	1 814 000	1 071 000	2 947 000	864 000
Total Assets	5 324 000	4 870 000	6 971 000	6 461 000
Total Retained Equity	1 549 000	276 000	1 517 000	937 000
Total Equity	1 929 000	656 000	1 897 000	1 317 000
Total Long-Term Debt	2 455 000	1 304 000	3 940 000	3 852 000
Total Current Debt	940 000	2 911 000	1 134 000	1 293 000
Total Equity and Debt	5 324 000	4 870 000	6 971 000	6 461 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	204 000	0	0	0
Other Income	2 491 000	2 293 000	2 045 000	2 048 000
Revenue	2 694 000	2 293 000	2 045 000	2 048 000
Cost of Goods Sold	323 000	72 000	2 000	0
Salary Costs	0	0	0	0
Depreciation	234 000	371 000	363 000	362 000
Impairment	0	0	0	0
Expenditure	1 080 000	881 000	833 000	766 000
Operating Profit	1 615 000	1 413 000	1 212 000	1 282 000
Financial Income	0	0	21 000	91 000
Financial Costs	0	0	126 000	173 000
Financial Balance	0	0	−105 000	−82 000
Dividends	55 000	2 000 000	0	0
Net Income	1 328 000	1 065 000	863 000	936 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 493 000	3 722 000	3 941 000	3 918 000
Machinery and Plant Facilities	17 000	0	0	0
Fixtures	0	23 000	29 000	0
Total Tangible Assets	3 510 000	3 744 000	3 969 000	3 918 000
Total Fiancial Fixed Assets	0	55 000	55 000	1 679 000
Total Fixed Assets	3 510 000	3 799 000	4 024 000	5 597 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 540 000	850 000	2 234 000	734 000
Total Current Assets	1 814 000	1 071 000	2 947 000	864 000
Total Assets	5 324 000	4 870 000	6 971 000	6 461 000
Total Equity	1 929 000	656 000	1 897 000	1 317 000
Short-Term Group Debt	463 000	463 000	434 000	0
Total Long-Term Debt	2 455 000	1 304 000	3 940 000	3 852 000
Creditors	15 000	91 000	519 000	38 000
Unpaid Taxes	97 000	95 000	0	65 000
Dividends	55 000	2 000 000	0	0
Other Current Debt	0	0	0	1 021 000
Total Current Debt	940 000	2 911 000	1 134 000	1 293 000
Total Equity and Debt	5 324 000	4 870 000	6 971 000	6 461 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,84 %	162,35 %	45,49 %	71,07 %
Debt-to-Equity Ratio	1,27	1,99	2,08	2,92
Operating Profit Margin	59,95 %	61,62 %	59,27 %	62,6 %
Current Ratio	1,93	0,37	2,6	0,67
Quick Ratio	1,93	0,37	2,6	0,67
Equity Ratio	0,36	0,13	0,27	0,2
Gross Profit Margin	88,01 %	96,86 %	99,9 %	100 %