GRAND CANYON 2 AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

−0,1 %

Current Ratio

6,8

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−58 000	−33 000	−56 000	−23 000
Total Assets	81 404 000	80 525 000	83 851 000	88 003 000
Total Equity	55 813 000	55 871 000	55 905 000	55 961 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	41 000	38 000	48 000	25 000
Operating Profit	−41 000	−38 000	−48 000	−25 000
Financial Income	722 000	753 000	916 000	1 102 000
Financial Costs	756 000	758 000	939 000	1 107 000
Financial Balance	−34 000	−5 000	−23 000	−5 000
Earnings Before Tax	−75 000	−43 000	−72 000	−30 000
Tax	−16 000	−9 000	−16 000	−7 000
Net Income	−58 000	−33 000	−56 000	−23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 133 000	79 966 000	83 529 000	87 661 000
Total Current Assets	1 272 000	559 000	322 000	341 000
Total Assets	81 404 000	80 525 000	83 851 000	88 003 000
Total Retained Equity	−287 000	−229 000	−195 000	−139 000
Total Equity	55 813 000	55 871 000	55 905 000	55 961 000
Total Long-Term Debt	25 404 000	24 654 000	27 947 000	31 813 000
Total Current Debt	187 000	0	0	229 000
Total Equity and Debt	81 404 000	80 525 000	83 851 000	88 003 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	41 000	38 000	48 000	25 000
Operating Profit	−41 000	−38 000	−48 000	−25 000
Financial Income	722 000	753 000	916 000	1 102 000
Financial Costs	756 000	758 000	939 000	1 107 000
Financial Balance	−34 000	−5 000	−23 000	−5 000
Dividends	0	0	0	0
Net Income	−58 000	−33 000	−56 000	−23 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	81 000	65 000	55 000	39 000
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	80 052 000	79 902 000	83 474 000	87 622 000
Total Fixed Assets	80 133 000	79 966 000	83 529 000	87 661 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	11 000	19 000	0
Total Current Assets	1 272 000	559 000	322 000	341 000
Total Assets	81 404 000	80 525 000	83 851 000	88 003 000
Total Equity	55 813 000	55 871 000	55 905 000	55 961 000
Short-Term Group Debt	155 000	0	0	0
Total Long-Term Debt	25 404 000	24 654 000	27 947 000	31 813 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	32 000	0	0	229 000
Total Current Debt	187 000	0	0	229 000
Total Equity and Debt	81 404 000	80 525 000	83 851 000	88 003 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,1 %	−0,06 %	−0,1 %	−0,04 %
Debt-to-Equity Ratio	0,46	0,44	0,5	0,57
Operating Profit Margin	-	-	-	-
Current Ratio	6,8	-	-	1,49
Quick Ratio	6,8	-	-	1,49
Equity Ratio	0,69	0,69	0,67	0,64
Gross Profit Margin	-	-	-	-