GRINITOPPEN EIENDOM AS

3719 SKIEN

Finances

Share Ownership

Return on Equity

5,98 %

Current Ratio

1,39

Debt-to-Equity Ratio

1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	485 000	474 000	474 000	476 000
Net Income	103 000	68 000	110 000	47 000
Total Assets	4 549 000	4 732 000	4 803 000	4 883 000
Total Equity	1 722 000	1 619 000	1 551 000	1 441 000

Income (NOK)	2022	2021	2020	2019
Revenue	485 000	474 000	474 000	476 000
Expenditure	227 000	285 000	215 000	274 000
Operating Profit	258 000	189 000	259 000	201 000
Financial Income	0	0	0	0
Financial Costs	126 000	103 000	117 000	142 000
Financial Balance	−126 000	−103 000	−117 000	−142 000
Earnings Before Tax	132 000	87 000	141 000	60 000
Tax	29 000	19 000	31 000	13 000
Net Income	103 000	68 000	110 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 373 000	4 336 000	4 427 000	4 538 000
Total Current Assets	176 000	396 000	377 000	345 000
Total Assets	4 549 000	4 732 000	4 803 000	4 883 000
Total Retained Equity	434 000	330 000	263 000	152 000
Total Equity	1 722 000	1 619 000	1 551 000	1 441 000
Total Long-Term Debt	2 700 000	2 900 000	3 100 000	3 300 000
Total Current Debt	127 000	213 000	152 000	142 000
Total Equity and Debt	4 549 000	4 732 000	4 803 000	4 883 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	485 000	474 000	474 000	476 000
Revenue	485 000	474 000	474 000	476 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	100 000	99 000	117 000	117 000
Impairment	0	0	0	0
Expenditure	227 000	285 000	215 000	274 000
Operating Profit	258 000	189 000	259 000	201 000
Financial Income	0	0	0	0
Financial Costs	126 000	103 000	117 000	142 000
Financial Balance	−126 000	−103 000	−117 000	−142 000
Dividends	0	0	0	0
Net Income	103 000	68 000	110 000	47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	25 000	17 000	11 000
Real Eastate	4 340 000	4 311 000	4 407 000	4 517 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	3 000	10 000
Total Tangible Assets	4 340 000	4 311 000	4 410 000	4 527 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 373 000	4 336 000	4 427 000	4 538 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	170 000	390 000	371 000	340 000
Total Current Assets	176 000	396 000	377 000	345 000
Total Assets	4 549 000	4 732 000	4 803 000	4 883 000
Total Equity	1 722 000	1 619 000	1 551 000	1 441 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 700 000	2 900 000	3 100 000	3 300 000
Creditors	0	87 000	0	1 000
Unpaid Taxes	52 000	73 000	89 000	83 000
Dividends	0	0	0	0
Other Current Debt	38 000	26 000	26 000	38 000
Total Current Debt	127 000	213 000	152 000	142 000
Total Equity and Debt	4 549 000	4 732 000	4 803 000	4 883 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,98 %	4,2 %	7,09 %	3,26 %
Debt-to-Equity Ratio	1,57	1,79	2	2,29
Operating Profit Margin	53,2 %	39,87 %	54,64 %	42,23 %
Current Ratio	1,39	1,86	2,48	2,43
Quick Ratio	1,39	1,86	2,48	2,43
Equity Ratio	0,38	0,34	0,32	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %