GRIMSTAD BOLIG- OG NÆRINGSUTVIKLING AS

4878 GRIMSTAD

Finances

Return on Equity

−1,89 %

Current Ratio

1,65

Debt-to-Equity Ratio

1,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 009 000	1 401 000	1 285 000	1 145 000
Net Income	−7 000	109 000	75 000	30 000
Total Assets	1 823 000	1 673 000	2 028 000	1 463 000
Total Equity	371 000	378 000	269 000	194 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 009 000	1 401 000	1 285 000	1 145 000
Expenditure	2 008 000	1 250 000	1 038 000	1 105 000
Operating Profit	2 000	151 000	247 000	40 000
Financial Income	6 000	4 000	4 000	6 000
Financial Costs	15 000	15 000	126 000	15 000
Financial Balance	−9 000	−11 000	−122 000	−9 000
Earnings Before Tax	−7 000	140 000	125 000	30 000
Tax	0	31 000	50 000	0
Net Income	−7 000	109 000	75 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	600 000	600 000	600 000	710 000
Total Current Assets	1 223 000	1 073 000	1 428 000	753 000
Total Assets	1 823 000	1 673 000	2 028 000	1 463 000
Total Retained Equity	251 000	258 000	149 000	74 000
Total Equity	371 000	378 000	269 000	194 000
Total Long-Term Debt	710 000	710 000	710 000	710 000
Total Current Debt	742 000	585 000	1 049 000	558 000
Total Equity and Debt	1 823 000	1 673 000	2 028 000	1 463 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 009 000	1 401 000	1 285 000	1 145 000
Other Income	0	0	0	0
Revenue	2 009 000	1 401 000	1 285 000	1 145 000
Cost of Goods Sold	0	0	0	200 000
Salary Costs	637 000	482 000	607 000	720 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 008 000	1 250 000	1 038 000	1 105 000
Operating Profit	2 000	151 000	247 000	40 000
Financial Income	6 000	4 000	4 000	6 000
Financial Costs	15 000	15 000	126 000	15 000
Financial Balance	−9 000	−11 000	−122 000	−9 000
Dividends	0	0	0	0
Net Income	−7 000	109 000	75 000	30 000

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	600 000	600 000	600 000	710 000
Total Fixed Assets	600 000	600 000	600 000	710 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 000	264 000	265 000	62 000
Total Current Assets	1 223 000	1 073 000	1 428 000	753 000
Total Assets	1 823 000	1 673 000	2 028 000	1 463 000
Total Equity	371 000	378 000	269 000	194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	710 000	710 000	710 000	710 000
Creditors	315 000	142 000	139 000	15 000
Unpaid Taxes	141 000	326 000	223 000	148 000
Dividends	0	0	0	0
Other Current Debt	287 000	86 000	636 000	396 000
Total Current Debt	742 000	585 000	1 049 000	558 000
Total Equity and Debt	1 823 000	1 673 000	2 028 000	1 463 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,89 %	28,84 %	27,88 %	15,46 %
Debt-to-Equity Ratio	1,91	1,88	2,64	3,66
Operating Profit Margin	0,1 %	10,78 %	19,22 %	3,49 %
Current Ratio	1,65	1,83	1,36	1,35
Quick Ratio	1,65	1,83	1,36	1,35
Equity Ratio	0,2	0,23	0,13	0,13
Gross Profit Margin	100 %	100 %	100 %	82,53 %