GRENSEN 12 AS

0159 OSLO

Finances

Share Ownership

Return on Equity

33,34 %

Current Ratio

0,77

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 716 000	10 293 000	10 644 000	10 981 000
Net Income	5 406 000	4 596 000	4 690 000	4 866 000
Total Assets	31 465 000	31 924 000	34 810 000	32 565 000
Total Equity	16 215 000	20 809 000	16 213 000	11 523 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 716 000	10 293 000	10 644 000	10 981 000
Expenditure	2 603 000	3 814 000	3 933 000	3 970 000
Operating Profit	7 113 000	6 479 000	6 711 000	7 011 000
Financial Income	157 000	11 000	22 000	79 000
Financial Costs	336 000	597 000	720 000	850 000
Financial Balance	−179 000	−586 000	−698 000	−771 000
Earnings Before Tax	6 934 000	5 892 000	6 013 000	6 240 000
Tax	1 529 000	1 296 000	1 323 000	1 373 000
Net Income	5 406 000	4 596 000	4 690 000	4 866 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 163 000	23 309 000	24 740 000	25 654 000
Total Current Assets	9 302 000	8 615 000	10 070 000	6 912 000
Total Assets	31 465 000	31 924 000	34 810 000	32 565 000
Total Retained Equity	9 615 000	14 209 000	9 613 000	4 923 000
Total Equity	16 215 000	20 809 000	16 213 000	11 523 000
Total Long-Term Debt	3 203 000	9 538 000	16 073 000	19 013 000
Total Current Debt	12 047 000	1 577 000	2 524 000	2 029 000
Total Equity and Debt	31 465 000	31 924 000	34 810 000	32 565 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	9 716 000	10 293 000	10 644 000	10 981 000
Revenue	9 716 000	10 293 000	10 644 000	10 981 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 422 000	1 469 000	1 474 000	1 449 000
Impairment	0	0	0	0
Expenditure	2 603 000	3 814 000	3 933 000	3 970 000
Operating Profit	7 113 000	6 479 000	6 711 000	7 011 000
Financial Income	157 000	11 000	22 000	79 000
Financial Costs	336 000	597 000	720 000	850 000
Financial Balance	−179 000	−586 000	−698 000	−771 000
Dividends	10 000 000	0	0	0
Net Income	5 406 000	4 596 000	4 690 000	4 866 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	983 000	892 000	853 000	743 000
Real Eastate	21 180 000	22 418 000	23 887 000	24 911 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 180 000	22 418 000	23 887 000	24 911 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 163 000	23 309 000	24 740 000	25 654 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 491 000	8 574 000	7 088 000	6 675 000
Total Current Assets	9 302 000	8 615 000	10 070 000	6 912 000
Total Assets	31 465 000	31 924 000	34 810 000	32 565 000
Total Equity	16 215 000	20 809 000	16 213 000	11 523 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 203 000	9 538 000	16 073 000	19 013 000
Creditors	396 000	221 000	139 000	122 000
Unpaid Taxes	0	0	27 000	0
Dividends	10 000 000	0	0	0
Other Current Debt	31 000	21 000	925 000	483 000
Total Current Debt	12 047 000	1 577 000	2 524 000	2 029 000
Total Equity and Debt	31 465 000	31 924 000	34 810 000	32 565 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,34 %	22,09 %	28,93 %	42,23 %
Debt-to-Equity Ratio	0,2	0,46	0,99	1,65
Operating Profit Margin	73,21 %	62,95 %	63,05 %	63,85 %
Current Ratio	0,77	5,46	3,99	3,41
Quick Ratio	0,77	5,46	3,99	3,41
Equity Ratio	0,52	0,65	0,47	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %