GRANITE STEIN AS

3947 LANGANGEN

Finances

Return on Equity

0,84 %

Current Ratio

6,27

Debt-to-Equity Ratio

3,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 331 000	1 118 000	1 743 000	232 000
Net Income	33 000	−133 000	−750 000	−2 733 000
Total Assets	18 586 000	19 479 000	20 467 000	17 657 000
Total Equity	3 927 000	3 894 000	4 027 000	−5 223 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 331 000	1 118 000	1 743 000	232 000
Expenditure	1 601 000	1 164 000	1 230 000	1 754 000
Operating Profit	−269 000	−45 000	513 000	−1 522 000
Financial Income	424 000	145 000	248 000	83 000
Financial Costs	121 000	233 000	1 511 000	1 294 000
Financial Balance	303 000	−88 000	−1 263 000	−1 211 000
Earnings Before Tax	33 000	−133 000	−750 000	−2 733 000
Tax	0	0	0	0
Net Income	33 000	−133 000	−750 000	−2 733 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 283 000	16 665 000	16 980 000	15 761 000
Total Current Assets	4 303 000	2 813 000	3 487 000	1 895 000
Total Assets	18 586 000	19 479 000	20 467 000	17 657 000
Total Retained Equity	−17 923 000	−17 956 000	−17 823 000	−17 073 000
Total Equity	3 927 000	3 894 000	4 027 000	−5 223 000
Total Long-Term Debt	13 973 000	15 189 000	16 183 000	22 345 000
Total Current Debt	686 000	396 000	258 000	535 000
Total Equity and Debt	18 586 000	19 479 000	20 467 000	17 657 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 331 000	1 118 000	1 743 000	232 000
Other Income	0	0	0	0
Revenue	1 331 000	1 118 000	1 743 000	232 000
Cost of Goods Sold	606 000	269 000	372 000	492 000
Salary Costs	0	0	0	0
Depreciation	563 000	633 000	663 000	643 000
Impairment	0	0	0	0
Expenditure	1 601 000	1 164 000	1 230 000	1 754 000
Operating Profit	−269 000	−45 000	513 000	−1 522 000
Financial Income	424 000	145 000	248 000	83 000
Financial Costs	121 000	233 000	1 511 000	1 294 000
Financial Balance	303 000	−88 000	−1 263 000	−1 211 000
Dividends	0	0	0	0
Net Income	33 000	−133 000	−750 000	−2 733 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 520 000	8 082 000	8 685 000	9 305 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	11 000	35 000
Total Tangible Assets	7 520 000	8 082 000	8 696 000	9 339 000
Total Fiancial Fixed Assets	6 763 000	8 583 000	8 284 000	6 422 000
Total Fixed Assets	14 283 000	16 665 000	16 980 000	15 761 000
Stock	1 443 000	1 443 000	1 451 000	1 451 000
Total Investments	0	0	0	0
Cash, Bank	484 000	401 000	406 000	402 000
Total Current Assets	4 303 000	2 813 000	3 487 000	1 895 000
Total Assets	18 586 000	19 479 000	20 467 000	17 657 000
Total Equity	3 927 000	3 894 000	4 027 000	−5 223 000
Short-Term Group Debt	65 000	65 000	0	0
Total Long-Term Debt	13 973 000	15 189 000	16 183 000	22 345 000
Creditors	593 000	319 000	249 000	302 000
Unpaid Taxes	0	0	0	233 000
Dividends	0	0	0	0
Other Current Debt	28 000	12 000	9 000	0
Total Current Debt	686 000	396 000	258 000	535 000
Total Equity and Debt	18 586 000	19 479 000	20 467 000	17 657 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,84 %	−3,42 %	−18,62 %	52,33 %
Debt-to-Equity Ratio	3,56	3,9	4,02	−4,28
Operating Profit Margin	−20,21 %	−4,03 %	29,43 %	−656,03 %
Current Ratio	6,27	7,1	13,52	3,54
Quick Ratio	−5,68	−2,69	−2,92	−2,07
Equity Ratio	0,21	0,2	0,2	−0,3
Gross Profit Margin	54,47 %	75,94 %	78,66 %	−112,07 %