GRØNLAND 22 AS

0190 OSLO

Finances

Share Ownership

Return on Equity

67,55 %

Current Ratio

0,32

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 166 000	1 109 000	1 090 000	1 062 000
Net Income	610 000	599 000	590 000	610 000
Total Assets	2 454 000	3 336 000	2 678 000	2 665 000
Total Equity	903 000	891 000	876 000	859 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 166 000	1 109 000	1 090 000	1 062 000
Expenditure	296 000	285 000	288 000	241 000
Operating Profit	869 000	824 000	801 000	820 000
Financial Income	0	0	0	0
Financial Costs	88 000	56 000	45 000	39 000
Financial Balance	−88 000	−56 000	−45 000	−39 000
Earnings Before Tax	782 000	768 000	757 000	782 000
Tax	172 000	169 000	166 000	172 000
Net Income	610 000	599 000	590 000	610 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 196 000	2 229 000	2 262 000	2 295 000
Total Current Assets	258 000	1 107 000	416 000	370 000
Total Assets	2 454 000	3 336 000	2 678 000	2 665 000
Total Retained Equity	767 000	755 000	740 000	723 000
Total Equity	903 000	891 000	876 000	859 000
Total Long-Term Debt	756 000	1 456 000	836 000	652 000
Total Current Debt	795 000	989 000	967 000	1 154 000
Total Equity and Debt	2 454 000	3 336 000	2 678 000	2 665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 166 000	1 109 000	1 090 000	1 062 000
Revenue	1 166 000	1 109 000	1 090 000	1 062 000
Cost of Goods Sold	61 000	52 000	45 000	40 000
Salary Costs	0	0	0	0
Depreciation	33 000	33 000	33 000	33 000
Impairment	0	0	0	0
Expenditure	296 000	285 000	288 000	241 000
Operating Profit	869 000	824 000	801 000	820 000
Financial Income	0	0	0	0
Financial Costs	88 000	56 000	45 000	39 000
Financial Balance	−88 000	−56 000	−45 000	−39 000
Dividends	0	0	0	0
Net Income	610 000	599 000	590 000	610 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 196 000	2 229 000	2 262 000	2 295 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 196 000	2 229 000	2 262 000	2 295 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 196 000	2 229 000	2 262 000	2 295 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	102 000	1 038 000	306 000	255 000
Total Current Assets	258 000	1 107 000	416 000	370 000
Total Assets	2 454 000	3 336 000	2 678 000	2 665 000
Total Equity	903 000	891 000	876 000	859 000
Short-Term Group Debt	766 000	749 000	735 000	759 000
Total Long-Term Debt	756 000	1 456 000	836 000	652 000
Creditors	4 000	5 000	2 000	156 000
Unpaid Taxes	11 000	221 000	217 000	225 000
Dividends	0	0	0	0
Other Current Debt	14 000	14 000	14 000	14 000
Total Current Debt	795 000	989 000	967 000	1 154 000
Total Equity and Debt	2 454 000	3 336 000	2 678 000	2 665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,55 %	67,23 %	67,35 %	71,01 %
Debt-to-Equity Ratio	0,84	1,63	0,95	0,76
Operating Profit Margin	74,53 %	74,3 %	73,49 %	77,21 %
Current Ratio	0,32	1,12	0,43	0,32
Quick Ratio	0,32	1,12	0,43	0,32
Equity Ratio	0,37	0,27	0,33	0,32
Gross Profit Margin	94,77 %	95,31 %	95,87 %	96,23 %