GRIMSTADHØGDA EIENDOM AS

6674 KVISVIK

Finances

Share Ownership

Return on Equity

3,58 %

Current Ratio

0,48

Debt-to-Equity Ratio

1,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 690 000	1 603 000	1 172 000	1 214 000
Net Income	173 000	281 000	254 000	111 000
Total Assets	14 948 000	14 942 000	14 787 000	6 662 000
Total Equity	4 836 000	4 663 000	4 315 000	4 060 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 690 000	1 603 000	1 172 000	1 214 000
Expenditure	1 009 000	877 000	757 000	999 000
Operating Profit	681 000	726 000	415 000	216 000
Financial Income	0	0	1 000	0
Financial Costs	459 000	347 000	90 000	74 000
Financial Balance	−459 000	−347 000	−89 000	−74 000
Earnings Before Tax	222 000	379 000	326 000	142 000
Tax	49 000	98 000	72 000	31 000
Net Income	173 000	281 000	254 000	111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 460 000	14 460 000	6 259 000	6 259 000
Total Current Assets	488 000	483 000	8 528 000	403 000
Total Assets	14 948 000	14 942 000	14 787 000	6 662 000
Total Retained Equity	4 726 000	4 553 000	4 205 000	3 950 000
Total Equity	4 836 000	4 663 000	4 315 000	4 060 000
Total Long-Term Debt	9 086 000	9 384 000	9 719 000	1 320 000
Total Current Debt	1 026 000	895 000	753 000	1 282 000
Total Equity and Debt	14 948 000	14 942 000	14 787 000	6 662 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 690 000	1 603 000	1 172 000	1 214 000
Revenue	1 690 000	1 603 000	1 172 000	1 214 000
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	1 009 000	877 000	757 000	999 000
Operating Profit	681 000	726 000	415 000	216 000
Financial Income	0	0	1 000	0
Financial Costs	459 000	347 000	90 000	74 000
Financial Balance	−459 000	−347 000	−89 000	−74 000
Dividends	0	0	0	0
Net Income	173 000	281 000	254 000	111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 460 000	14 460 000	6 259 000	6 259 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 460 000	14 460 000	6 259 000	6 259 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 460 000	14 460 000	6 259 000	6 259 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	269 000	370 000	207 000	188 000
Total Current Assets	488 000	483 000	8 528 000	403 000
Total Assets	14 948 000	14 942 000	14 787 000	6 662 000
Total Equity	4 836 000	4 663 000	4 315 000	4 060 000
Short-Term Group Debt	480 000	480 000	480 000	300 000
Total Long-Term Debt	9 086 000	9 384 000	9 719 000	1 320 000
Creditors	−10 000	50 000	158 000	519 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	507 000	266 000	44 000	432 000
Total Current Debt	1 026 000	895 000	753 000	1 282 000
Total Equity and Debt	14 948 000	14 942 000	14 787 000	6 662 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,58 %	6,03 %	5,89 %	2,73 %
Debt-to-Equity Ratio	1,88	2,01	2,25	0,33
Operating Profit Margin	40,3 %	45,29 %	35,41 %	17,79 %
Current Ratio	0,48	0,54	11,33	0,31
Quick Ratio	0,48	0,54	11,33	0,31
Equity Ratio	0,32	0,31	0,29	0,61
Gross Profit Margin	100 %	100 %	100 %	100 %