STORGT 12 GRIMSTAD AS

4876 GRIMSTAD

Finances

Share Ownership

Return on Equity

7,66 %

Current Ratio

0,59

Debt-to-Equity Ratio

5,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 587 000	1 885 000	2 349 000	1 842 000
Net Income	152 000	−26 000	402 000	−801 000
Total Assets	14 064 000	13 712 000	16 587 000	16 019 000
Total Equity	1 985 000	2 054 000	2 097 000	1 083 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 587 000	1 885 000	2 349 000	1 842 000
Expenditure	1 960 000	1 572 000	1 463 000	2 384 000
Operating Profit	626 000	314 000	885 000	−541 000
Financial Income	0	0	55 000	71 000
Financial Costs	432 000	347 000	425 000	556 000
Financial Balance	−432 000	−347 000	−370 000	−485 000
Earnings Before Tax	194 000	−33 000	515 000	−1 026 000
Tax	42 000	−7 000	113 000	−226 000
Net Income	152 000	−26 000	402 000	−801 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 711 000	13 070 000	15 254 000	15 386 000
Total Current Assets	353 000	642 000	1 333 000	634 000
Total Assets	14 064 000	13 712 000	16 587 000	16 019 000
Total Retained Equity	−883 000	−813 000	−771 000	−1 173 000
Total Equity	1 985 000	2 054 000	2 097 000	1 083 000
Total Long-Term Debt	11 481 000	11 336 000	14 280 000	14 537 000
Total Current Debt	598 000	322 000	209 000	399 000
Total Equity and Debt	14 064 000	13 712 000	16 587 000	16 019 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 587 000	1 885 000	2 349 000	1 842 000
Revenue	2 587 000	1 885 000	2 349 000	1 842 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	−2 000	1 289 000
Depreciation	209 000	282 000	274 000	264 000
Impairment	0	0	0	0
Expenditure	1 960 000	1 572 000	1 463 000	2 384 000
Operating Profit	626 000	314 000	885 000	−541 000
Financial Income	0	0	55 000	71 000
Financial Costs	432 000	347 000	425 000	556 000
Financial Balance	−432 000	−347 000	−370 000	−485 000
Dividends	0	0	0	0
Net Income	152 000	−26 000	402 000	−801 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 711 000	13 070 000	13 237 000	13 309 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	115 000	230 000
Total Tangible Assets	13 711 000	13 070 000	13 352 000	13 539 000
Total Fiancial Fixed Assets	0	0	1 902 000	1 847 000
Total Fixed Assets	13 711 000	13 070 000	15 254 000	15 386 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	101 000	509 000	443 000	112 000
Total Current Assets	353 000	642 000	1 333 000	634 000
Total Assets	14 064 000	13 712 000	16 587 000	16 019 000
Total Equity	1 985 000	2 054 000	2 097 000	1 083 000
Short-Term Group Debt	284 000	21 000	0	0
Total Long-Term Debt	11 481 000	11 336 000	14 280 000	14 537 000
Creditors	61 000	31 000	34 000	−1 000
Unpaid Taxes	2 000	16 000	0	110 000
Dividends	0	0	0	0
Other Current Debt	251 000	254 000	175 000	290 000
Total Current Debt	598 000	322 000	209 000	399 000
Total Equity and Debt	14 064 000	13 712 000	16 587 000	16 019 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,66 %	−1,27 %	19,17 %	−73,96 %
Debt-to-Equity Ratio	5,78	5,52	6,81	13,42
Operating Profit Margin	24,2 %	16,66 %	37,68 %	−29,37 %
Current Ratio	0,59	1,99	6,38	1,59
Quick Ratio	0,59	1,99	6,38	1,59
Equity Ratio	0,14	0,15	0,13	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %