GRIMA UTVIKLING AS

5419 FITJAR

Finances

Return on Equity

5,66 %

Current Ratio

85,34

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	2 959 000	569 000	581 000
Net Income	393 000	2 517 000	175 000	199 000
Total Assets	11 040 000	11 414 000	11 712 000	10 910 000
Total Equity	6 946 000	6 553 000	1 036 000	861 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	2 959 000	569 000	581 000
Expenditure	17 000	153 000	191 000	111 000
Operating Profit	−17 000	2 806 000	378 000	470 000
Financial Income	408 000	509 000	6 000	0
Financial Costs	0	86 000	200 000	215 000
Financial Balance	408 000	423 000	−194 000	−215 000
Earnings Before Tax	391 000	3 229 000	184 000	255 000
Tax	−2 000	712 000	49 000	56 000
Net Income	393 000	2 517 000	175 000	199 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 227 000	2 428 000	5 847 000	5 382 000
Total Current Assets	9 814 000	8 986 000	5 864 000	5 528 000
Total Assets	11 040 000	11 414 000	11 712 000	10 910 000
Total Retained Equity	2 946 000	2 553 000	36 000	−139 000
Total Equity	6 946 000	6 553 000	1 036 000	861 000
Total Long-Term Debt	3 979 000	4 649 000	10 614 000	9 978 000
Total Current Debt	115 000	212 000	62 000	70 000
Total Equity and Debt	11 040 000	11 414 000	11 712 000	10 910 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	151 000	269 000	256 000
Other Income	0	2 808 000	300 000	325 000
Revenue	0	2 959 000	569 000	581 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	12 000	24 000
Impairment	0	0	43 000	0
Expenditure	17 000	153 000	191 000	111 000
Operating Profit	−17 000	2 806 000	378 000	470 000
Financial Income	408 000	509 000	6 000	0
Financial Costs	0	86 000	200 000	215 000
Financial Balance	408 000	423 000	−194 000	−215 000
Dividends	0	0	0	0
Net Income	393 000	2 517 000	175 000	199 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	43 000
Real Eastate	0	0	4 581 000	4 811 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	104 000	116 000
Total Tangible Assets	0	0	4 685 000	4 927 000
Total Fiancial Fixed Assets	1 227 000	2 428 000	1 162 000	412 000
Total Fixed Assets	1 227 000	2 428 000	5 847 000	5 382 000
Stock	0	0	0	0
Total Investments	9 074 000	8 825 000	5 652 000	5 416 000
Cash, Bank	740 000	157 000	201 000	95 000
Total Current Assets	9 814 000	8 986 000	5 864 000	5 528 000
Total Assets	11 040 000	11 414 000	11 712 000	10 910 000
Total Equity	6 946 000	6 553 000	1 036 000	861 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 979 000	4 649 000	10 614 000	9 978 000
Creditors	−3 000	0	14 000	13 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	47 000	57 000
Total Current Debt	115 000	212 000	62 000	70 000
Total Equity and Debt	11 040 000	11 414 000	11 712 000	10 910 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,66 %	38,41 %	16,89 %	23,11 %
Debt-to-Equity Ratio	0,57	0,71	10,25	11,59
Operating Profit Margin	-	94,83 %	66,43 %	80,9 %
Current Ratio	85,34	42,39	94,58	78,97
Quick Ratio	85,34	42,39	94,58	78,97
Equity Ratio	0,63	0,57	0,09	0,08
Gross Profit Margin	-	100 %	100 %	100 %