GRIMSTEIN EIENDOM AS

7074 SPONGDAL

Finances

Share Ownership

Return on Equity

12,5 %

Current Ratio

5,81

Debt-to-Equity Ratio

6,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	249 000	257 000	252 000	252 000
Net Income	41 000	71 000	53 000	33 000
Total Assets	2 597 000	2 708 000	2 677 000	2 683 000
Total Equity	328 000	286 000	216 000	162 000

Income (NOK)	2022	2021	2020	2019
Revenue	249 000	257 000	252 000	252 000
Expenditure	94 000	88 000	97 000	118 000
Operating Profit	155 000	169 000	155 000	134 000
Financial Income	0	0	0	0
Financial Costs	102 000	78 000	87 000	93 000
Financial Balance	−102 000	−78 000	−87 000	−93 000
Earnings Before Tax	53 000	91 000	68 000	42 000
Tax	12 000	20 000	15 000	9 000
Net Income	41 000	71 000	53 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 389 000	2 432 000	2 476 000	2 520 000
Total Current Assets	209 000	276 000	201 000	163 000
Total Assets	2 597 000	2 708 000	2 677 000	2 683 000
Total Retained Equity	273 000	232 000	161 000	108 000
Total Equity	328 000	286 000	216 000	162 000
Total Long-Term Debt	2 233 000	2 370 000	2 410 000	2 477 000
Total Current Debt	36 000	52 000	52 000	43 000
Total Equity and Debt	2 597 000	2 708 000	2 677 000	2 683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	249 000	257 000	252 000	0
Other Income	0	0	0	252 000
Revenue	249 000	257 000	252 000	252 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	56 000	56 000	56 000	56 000
Impairment	0	0	0	0
Expenditure	94 000	88 000	97 000	118 000
Operating Profit	155 000	169 000	155 000	134 000
Financial Income	0	0	0	0
Financial Costs	102 000	78 000	87 000	93 000
Financial Balance	−102 000	−78 000	−87 000	−93 000
Dividends	0	0	0	0
Net Income	41 000	71 000	53 000	33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	116 000	104 000	91 000	79 000
Real Eastate	2 273 000	2 329 000	2 385 000	2 441 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 273 000	2 329 000	2 385 000	2 441 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 389 000	2 432 000	2 476 000	2 520 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	206 000	247 000	151 000	156 000
Total Current Assets	209 000	276 000	201 000	163 000
Total Assets	2 597 000	2 708 000	2 677 000	2 683 000
Total Equity	328 000	286 000	216 000	162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 233 000	2 370 000	2 410 000	2 477 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 000	19 000	24 000	22 000
Total Current Debt	36 000	52 000	52 000	43 000
Total Equity and Debt	2 597 000	2 708 000	2 677 000	2 683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,5 %	24,83 %	24,54 %	20,37 %
Debt-to-Equity Ratio	6,81	8,29	11,16	15,29
Operating Profit Margin	62,25 %	65,76 %	61,51 %	53,17 %
Current Ratio	5,81	5,31	3,87	3,79
Quick Ratio	5,81	5,31	3,87	3,79
Equity Ratio	0,13	0,11	0,08	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %