GRANNESPARKEN VELFORENING

4017 STAVANGER

Finances

Share Ownership

Return on Equity

33,42 %

Current Ratio

22,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	408 000	380 000	324 000	371 000
Net Income	122 000	78 000	−33 000	79 000
Total Assets	381 000	279 000	184 000	219 000
Total Equity	365 000	243 000	165 000	198 000

Income (NOK)	2022	2021	2020	2019
Revenue	408 000	380 000	324 000	371 000
Expenditure	290 000	303 000	358 000	294 000
Operating Profit	118 000	78 000	−34 000	77 000
Financial Income	4 000	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	4 000	0	1 000	2 000
Earnings Before Tax	122 000	78 000	−34 000	77 000
Tax	0	0	0	0
Net Income	122 000	78 000	−33 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	381 000	279 000	184 000	219 000
Total Assets	381 000	279 000	184 000	219 000
Total Retained Equity	365 000	243 000	165 000	198 000
Total Equity	365 000	243 000	165 000	198 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	17 000	36 000	20 000	22 000
Total Equity and Debt	381 000	279 000	184 000	219 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	408 000	380 000	324 000	371 000
Revenue	408 000	380 000	324 000	371 000
Cost of Goods Sold	0	0	0	0
Salary Costs	17 000	6 000	17 000	11 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	290 000	303 000	358 000	294 000
Operating Profit	118 000	78 000	−34 000	77 000
Financial Income	4 000	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	4 000	0	1 000	2 000
Dividends	0	0	0	0
Net Income	122 000	78 000	−33 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	381 000	276 000	184 000	217 000
Total Current Assets	381 000	279 000	184 000	219 000
Total Assets	381 000	279 000	184 000	219 000
Total Equity	365 000	243 000	165 000	198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 000	35 000	2 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	17 000	12 000
Total Current Debt	17 000	36 000	20 000	22 000
Total Equity and Debt	381 000	279 000	184 000	219 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,42 %	32,1 %	−20 %	39,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,92 %	20,53 %	−10,49 %	20,75 %
Current Ratio	22,41	7,75	9,2	9,95
Quick Ratio	22,41	7,75	9,2	9,95
Equity Ratio	0,96	0,87	0,9	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %