GRENLAND DEVELOPMENT AS

3921 PORSGRUNN

Finances

Return on Equity

4,32 %

Current Ratio

3,08

Debt-to-Equity Ratio

−5,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	14 000	14 582 000
Net Income	−282 000	78 000	−6 580 000	11 276 000
Total Assets	39 760 000	24 344 000	26 624 000	32 497 000
Total Equity	−6 532 000	−6 251 000	−6 328 000	251 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	14 000	14 582 000
Expenditure	310 000	160 000	157 000	15 353 000
Operating Profit	−310 000	−160 000	−143 000	−771 000
Financial Income	174 000	146 000	121 000	12 046 000
Financial Costs	225 000	−113 000	6 721 000	144 000
Financial Balance	−51 000	259 000	−6 600 000	11 902 000
Earnings Before Tax	−361 000	100 000	−6 743 000	11 131 000
Tax	−79 000	22 000	−163 000	−144 000
Net Income	−282 000	78 000	−6 580 000	11 276 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 060 000	3 284 000	7 379 000	11 603 000
Total Current Assets	35 700 000	21 060 000	19 245 000	20 894 000
Total Assets	39 760 000	24 344 000	26 624 000	32 497 000
Total Retained Equity	−6 582 000	−6 301 000	−6 378 000	201 000
Total Equity	−6 532 000	−6 251 000	−6 328 000	251 000
Total Long-Term Debt	34 713 000	23 369 000	18 827 000	19 739 000
Total Current Debt	11 579 000	7 226 000	14 126 000	12 506 000
Total Equity and Debt	39 760 000	24 344 000	26 624 000	32 497 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	14 000	14 079 000
Other Income	0	0	0	503 000
Revenue	0	0	14 000	14 582 000
Cost of Goods Sold	154 000	42 000	13 000	14 917 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	310 000	160 000	157 000	15 353 000
Operating Profit	−310 000	−160 000	−143 000	−771 000
Financial Income	174 000	146 000	121 000	12 046 000
Financial Costs	225 000	−113 000	6 721 000	144 000
Financial Balance	−51 000	259 000	−6 600 000	11 902 000
Dividends	0	0	0	11 000 000
Net Income	−282 000	78 000	−6 580 000	11 276 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	4 060 000	3 284 000	7 379 000	11 603 000
Total Fixed Assets	4 060 000	3 284 000	7 379 000	11 603 000
Stock	35 414 000	20 731 000	18 997 000	18 058 000
Total Investments	0	0	0	0
Cash, Bank	286 000	29 000	0	227 000
Total Current Assets	35 700 000	21 060 000	19 245 000	20 894 000
Total Assets	39 760 000	24 344 000	26 624 000	32 497 000
Total Equity	−6 532 000	−6 251 000	−6 328 000	251 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 713 000	23 369 000	18 827 000	19 739 000
Creditors	2 147 000	162 000	144 000	1 447 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	11 000 000
Other Current Debt	1 503 000	7 064 000	13 981 000	11 002 000
Total Current Debt	11 579 000	7 226 000	14 126 000	12 506 000
Total Equity and Debt	39 760 000	24 344 000	26 624 000	32 497 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,32 %	−1,25 %	103,98 %	4 492,43 %
Debt-to-Equity Ratio	−5,31	−3,74	−2,98	78,64
Operating Profit Margin	-	-	−1 021,43 %	−5,29 %
Current Ratio	3,08	2,91	1,36	1,67
Quick Ratio	−1,5	−1,56	−3,95	−3,76
Equity Ratio	−0,16	−0,26	−0,24	0,01
Gross Profit Margin	-	-	7,14 %	−2,3 %