GODELAND BOLIGUTVIKLING AS

1920 SØRUMSAND

Finances

Return on Equity

81,82 %

Current Ratio

18,02

Debt-to-Equity Ratio

−176,23

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 666 000	1 827 000	1 309 000	938 000
Net Income	−549 000	1 548 000	−1 694 000	829 000
Total Assets	121 080 000	82 169 000	78 520 000	26 256 000
Total Equity	−671 000	−122 000	−1 670 000	−402 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 666 000	1 827 000	1 309 000	938 000
Expenditure	663 000	401 000	460 000	−673 000
Operating Profit	1 003 000	1 427 000	849 000	1 611 000
Financial Income	0	126 000	0	1 000
Financial Costs	1 552 000	4 000	2 543 000	867 000
Financial Balance	−1 552 000	122 000	−2 543 000	−866 000
Earnings Before Tax	−549 000	1 548 000	−1 694 000	745 000
Tax	0	0	0	−84 000
Net Income	−549 000	1 548 000	−1 694 000	829 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	57 959 000	54 576 000	54 563 000	25 266 000
Total Current Assets	63 121 000	27 593 000	23 957 000	990 000
Total Assets	121 080 000	82 169 000	78 520 000	26 256 000
Total Retained Equity	−695 000	−146 000	−1 694 000	−427 000
Total Equity	−671 000	−122 000	−1 670 000	−402 000
Total Long-Term Debt	118 249 000	61 445 000	47 151 000	22 290 000
Total Current Debt	3 503 000	20 846 000	33 039 000	4 369 000
Total Equity and Debt	121 080 000	82 169 000	78 520 000	26 256 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	1 666 000	1 827 000	1 309 000	938 000
Revenue	1 666 000	1 827 000	1 309 000	938 000
Cost of Goods Sold	0	−5 000	26 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	−877 000
Impairment	0	0	0	0
Expenditure	663 000	401 000	460 000	−673 000
Operating Profit	1 003 000	1 427 000	849 000	1 611 000
Financial Income	0	126 000	0	1 000
Financial Costs	1 552 000	4 000	2 543 000	867 000
Financial Balance	−1 552 000	122 000	−2 543 000	−866 000
Dividends	0	0	0	0
Net Income	−549 000	1 548 000	−1 694 000	829 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	57 929 000	54 546 000	54 533 000	25 266 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	57 929 000	54 546 000	54 533 000	25 266 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	0
Total Fixed Assets	57 959 000	54 576 000	54 563 000	25 266 000
Stock	26 993 000	22 808 000	19 351 000	738 000
Total Investments	9 000 000	0	0	0
Cash, Bank	1 618 000	666 000	475 000	213 000
Total Current Assets	63 121 000	27 593 000	23 957 000	990 000
Total Assets	121 080 000	82 169 000	78 520 000	26 256 000
Total Equity	−671 000	−122 000	−1 670 000	−402 000
Short-Term Group Debt	2 483 000	1 005 000	13 845 000	4 157 000
Total Long-Term Debt	118 249 000	61 445 000	47 151 000	22 290 000
Creditors	579 000	18 431 000	18 869 000	73 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	440 000	1 410 000	325 000	139 000
Total Current Debt	3 503 000	20 846 000	33 039 000	4 369 000
Total Equity and Debt	121 080 000	82 169 000	78 520 000	26 256 000

Financial indicators	2021	2020	2019	2018
Return on Equity	81,82 %	−1 268,85 %	101,44 %	−206,22 %
Debt-to-Equity Ratio	−176,23	−503,65	−28,23	−55,45
Operating Profit Margin	60,2 %	78,11 %	64,86 %	171,75 %
Current Ratio	18,02	1,32	0,73	0,23
Quick Ratio	−2,69	−14,06	1,75	0,27
Equity Ratio	−0,01	−0	−0,02	−0,02
Gross Profit Margin	100 %	100,27 %	98,01 %	100 %