GRØNLAND 34 AS

3041 DRAMMEN

Finances

Share Ownership

Return on Equity

6,69 %

Current Ratio

0,95

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 910 000	17 886 000	17 118 000	16 476 000
Net Income	5 092 000	5 871 000	6 824 000	5 307 000
Total Assets	143 250 000	147 110 000	148 421 000	143 823 000
Total Equity	76 145 000	72 263 000	67 432 000	61 758 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 910 000	17 886 000	17 118 000	16 476 000
Expenditure	9 029 000	8 975 000	6 887 000	7 302 000
Operating Profit	8 881 000	8 912 000	10 230 000	9 174 000
Financial Income	31 000	0	1 000	3 000
Financial Costs	2 361 000	1 385 000	1 476 000	2 373 000
Financial Balance	−2 330 000	−1 385 000	−1 475 000	−2 370 000
Earnings Before Tax	6 550 000	7 527 000	8 755 000	6 804 000
Tax	1 458 000	1 656 000	1 931 000	1 497 000
Net Income	5 092 000	5 871 000	6 824 000	5 307 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	140 273 000	143 997 000	144 991 000	140 112 000
Total Current Assets	2 977 000	3 113 000	3 430 000	3 711 000
Total Assets	143 250 000	147 110 000	148 421 000	143 823 000
Total Retained Equity	28 965 000	25 082 000	20 252 000	14 577 000
Total Equity	76 145 000	72 263 000	67 432 000	61 758 000
Total Long-Term Debt	63 968 000	68 539 000	76 311 000	79 061 000
Total Current Debt	3 138 000	6 309 000	4 677 000	3 004 000
Total Equity and Debt	143 250 000	147 110 000	148 421 000	143 823 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	17 910 000	17 886 000	17 118 000	16 476 000
Revenue	17 910 000	17 886 000	17 118 000	16 476 000
Cost of Goods Sold	4 943 000	4 455 000	3 640 000	3 419 000
Salary Costs	0	0	0	0
Depreciation	3 070 000	2 875 000	2 591 000	2 591 000
Impairment	0	0	0	0
Expenditure	9 029 000	8 975 000	6 887 000	7 302 000
Operating Profit	8 881 000	8 912 000	10 230 000	9 174 000
Financial Income	31 000	0	1 000	3 000
Financial Costs	2 361 000	1 385 000	1 476 000	2 373 000
Financial Balance	−2 330 000	−1 385 000	−1 475 000	−2 370 000
Dividends	0	0	0	0
Net Income	5 092 000	5 871 000	6 824 000	5 307 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	140 273 000	143 997 000	144 991 000	140 112 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	140 273 000	143 997 000	144 991 000	140 112 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	140 273 000	143 997 000	144 991 000	140 112 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 418 000	3 058 000	3 343 000	3 677 000
Total Current Assets	2 977 000	3 113 000	3 430 000	3 711 000
Total Assets	143 250 000	147 110 000	148 421 000	143 823 000
Total Equity	76 145 000	72 263 000	67 432 000	61 758 000
Short-Term Group Debt	1 550 000	1 335 000	1 474 000	1 023 000
Total Long-Term Debt	63 968 000	68 539 000	76 311 000	79 061 000
Creditors	442 000	1 041 000	781 000	191 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	231 000	2 880 000	1 032 000	791 000
Total Current Debt	3 138 000	6 309 000	4 677 000	3 004 000
Total Equity and Debt	143 250 000	147 110 000	148 421 000	143 823 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,69 %	8,12 %	10,12 %	8,59 %
Debt-to-Equity Ratio	0,84	0,95	1,13	1,28
Operating Profit Margin	49,59 %	49,83 %	59,76 %	55,68 %
Current Ratio	0,95	0,49	0,73	1,24
Quick Ratio	0,95	0,49	0,73	1,24
Equity Ratio	0,53	0,49	0,45	0,43
Gross Profit Margin	72,4 %	75,09 %	78,74 %	79,25 %