GRINDVOLD EIENDOM AS

1339 VØYENENGA

Finances

Return on Equity

30,53 %

Current Ratio

4,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 232 000	4 602 000	5 648 000	4 491 000
Net Income	934 000	1 878 000	2 745 000	1 807 000
Total Assets	3 985 000	3 557 000	8 920 000	6 386 000
Total Equity	3 059 000	2 126 000	7 248 000	4 503 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 232 000	4 602 000	5 648 000	4 491 000
Expenditure	2 089 000	2 223 000	2 185 000	2 216 000
Operating Profit	1 143 000	2 379 000	3 464 000	2 275 000
Financial Income	48 000	28 000	50 000	48 000
Financial Costs	0	0	1 000	3 000
Financial Balance	48 000	28 000	49 000	45 000
Earnings Before Tax	1 191 000	2 406 000	3 514 000	2 320 000
Tax	257 000	528 000	769 000	513 000
Net Income	934 000	1 878 000	2 745 000	1 807 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	20 000	51 000	31 000
Total Current Assets	3 969 000	3 537 000	8 869 000	6 355 000
Total Assets	3 985 000	3 557 000	8 920 000	6 386 000
Total Retained Equity	2 959 000	2 026 000	7 148 000	4 403 000
Total Equity	3 059 000	2 126 000	7 248 000	4 503 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	926 000	1 431 000	1 672 000	1 883 000
Total Equity and Debt	3 985 000	3 557 000	8 920 000	6 386 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 232 000	4 602 000	5 648 000	5 075 000
Other Income	0	0	0	−584 000
Revenue	3 232 000	4 602 000	5 648 000	4 491 000
Cost of Goods Sold	283 000	437 000	0	0
Salary Costs	1 492 000	1 488 000	1 479 000	1 565 000
Depreciation	4 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	2 089 000	2 223 000	2 185 000	2 216 000
Operating Profit	1 143 000	2 379 000	3 464 000	2 275 000
Financial Income	48 000	28 000	50 000	48 000
Financial Costs	0	0	1 000	3 000
Financial Balance	48 000	28 000	49 000	45 000
Dividends	0	7 000 000	0	0
Net Income	934 000	1 878 000	2 745 000	1 807 000

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	16 000	20 000	0	0
Total Tangible Assets	16 000	20 000	0	0
Total Fiancial Fixed Assets	0	0	51 000	31 000
Total Fixed Assets	16 000	20 000	51 000	31 000
Stock	0	0	0	0
Total Investments	81 000	55 000	0	0
Cash, Bank	2 394 000	1 508 000	8 034 000	5 464 000
Total Current Assets	3 969 000	3 537 000	8 869 000	6 355 000
Total Assets	3 985 000	3 557 000	8 920 000	6 386 000
Total Equity	3 059 000	2 126 000	7 248 000	4 503 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	132 000	31 000	116 000
Unpaid Taxes	309 000	492 000	675 000	804 000
Dividends	0	7 000 000	0	0
Other Current Debt	353 000	279 000	198 000	449 000
Total Current Debt	926 000	1 431 000	1 672 000	1 883 000
Total Equity and Debt	3 985 000	3 557 000	8 920 000	6 386 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,53 %	88,33 %	37,87 %	40,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	35,37 %	51,69 %	61,33 %	50,66 %
Current Ratio	4,29	2,47	5,3	3,37
Quick Ratio	4,29	2,47	5,3	3,37
Equity Ratio	0,77	0,6	0,81	0,71
Gross Profit Margin	91,24 %	90,5 %	100 %	100 %