GREMSDALEN INVEST AS

4790 LILLESAND

Finances

Return on Equity

18,23 %

Current Ratio

3,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	426 000	721 000	886 000	835 000
Net Income	284 000	616 000	607 000	313 000
Total Assets	1 697 000	1 747 000	1 473 000	1 171 000
Total Equity	1 558 000	1 274 000	957 000	651 000

Income (NOK)	2022	2021	2020	2019
Revenue	426 000	721 000	886 000	835 000
Expenditure	62 000	24 000	65 000	62 000
Operating Profit	364 000	697 000	821 000	773 000
Financial Income	0	0	0	0
Financial Costs	0	−72 000	33 000	290 000
Financial Balance	0	72 000	−33 000	−290 000
Earnings Before Tax	364 000	769 000	788 000	483 000
Tax	80 000	153 000	181 000	170 000
Net Income	284 000	616 000	607 000	313 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 195 000	1 145 000	844 000	569 000
Total Current Assets	502 000	602 000	629 000	602 000
Total Assets	1 697 000	1 747 000	1 473 000	1 171 000
Total Retained Equity	1 528 000	1 244 000	927 000	621 000
Total Equity	1 558 000	1 274 000	957 000	651 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	139 000	473 000	516 000	520 000
Total Equity and Debt	1 697 000	1 747 000	1 473 000	1 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	426 000	721 000	886 000	835 000
Other Income	0	0	0	0
Revenue	426 000	721 000	886 000	835 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	62 000	24 000	65 000	62 000
Operating Profit	364 000	697 000	821 000	773 000
Financial Income	0	0	0	0
Financial Costs	0	−72 000	33 000	290 000
Financial Balance	0	72 000	−33 000	−290 000
Dividends	0	300 000	300 000	0
Net Income	284 000	616 000	607 000	313 000

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	1 195 000	1 145 000	844 000	569 000
Total Fixed Assets	1 195 000	1 145 000	844 000	569 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	300 000	535 000	396 000	298 000
Total Current Assets	502 000	602 000	629 000	602 000
Total Assets	1 697 000	1 747 000	1 473 000	1 171 000
Total Equity	1 558 000	1 274 000	957 000	651 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	1 000	4 000	3 000
Unpaid Taxes	22 000	14 000	28 000	43 000
Dividends	0	300 000	300 000	0
Other Current Debt	33 000	6 000	4 000	305 000
Total Current Debt	139 000	473 000	516 000	520 000
Total Equity and Debt	1 697 000	1 747 000	1 473 000	1 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,23 %	48,35 %	63,43 %	48,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	85,45 %	96,67 %	92,66 %	92,57 %
Current Ratio	3,61	1,27	1,22	1,16
Quick Ratio	3,61	1,27	1,22	1,16
Equity Ratio	0,92	0,73	0,65	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %