GRIMMERGATA EIENDOM AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

−17,6 %

Current Ratio

3,02

Debt-to-Equity Ratio

2,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	163 000	159 000	97 000	15 000
Net Income	−318 000	−269 000	−327 000	−333 000
Total Assets	7 467 000	7 860 000	8 152 000	8 526 000
Total Equity	1 807 000	2 125 000	2 395 000	2 722 000

Income (NOK)	2022	2021	2020	2019
Revenue	163 000	159 000	97 000	15 000
Expenditure	400 000	379 000	378 000	357 000
Operating Profit	−237 000	−221 000	−280 000	−342 000
Financial Income	4 000	5 000	14 000	17 000
Financial Costs	176 000	130 000	153 000	189 000
Financial Balance	−172 000	−125 000	−139 000	−172 000
Earnings Before Tax	−408 000	−345 000	−419 000	−514 000
Tax	−90 000	−76 000	−92 000	−181 000
Net Income	−318 000	−269 000	−327 000	−333 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 576 000	6 667 000	6 859 000	7 022 000
Total Current Assets	892 000	1 192 000	1 294 000	1 505 000
Total Assets	7 467 000	7 860 000	8 152 000	8 526 000
Total Retained Equity	−909 000	−591 000	−321 000	5 000
Total Equity	1 807 000	2 125 000	2 395 000	2 722 000
Total Long-Term Debt	5 366 000	5 455 000	5 531 000	5 524 000
Total Current Debt	295 000	279 000	226 000	281 000
Total Equity and Debt	7 467 000	7 860 000	8 152 000	8 526 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	163 000	159 000	97 000	15 000
Revenue	163 000	159 000	97 000	15 000
Cost of Goods Sold	0	0	0	0
Salary Costs	18 000	30 000	13 000	0
Depreciation	212 000	211 000	209 000	204 000
Impairment	0	0	0	0
Expenditure	400 000	379 000	378 000	357 000
Operating Profit	−237 000	−221 000	−280 000	−342 000
Financial Income	4 000	5 000	14 000	17 000
Financial Costs	176 000	130 000	153 000	189 000
Financial Balance	−172 000	−125 000	−139 000	−172 000
Dividends	0	0	0	0
Net Income	−318 000	−269 000	−327 000	−333 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 555 000	6 642 000	6 828 000	7 012 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 000	25 000	31 000	10 000
Total Tangible Assets	6 576 000	6 667 000	6 859 000	7 022 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 576 000	6 667 000	6 859 000	7 022 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	880 000	1 181 000	1 284 000	1 471 000
Total Current Assets	892 000	1 192 000	1 294 000	1 505 000
Total Assets	7 467 000	7 860 000	8 152 000	8 526 000
Total Equity	1 807 000	2 125 000	2 395 000	2 722 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 366 000	5 455 000	5 531 000	5 524 000
Creditors	21 000	7 000	5 000	56 000
Unpaid Taxes	4 000	5 000	2 000	0
Dividends	0	0	0	0
Other Current Debt	270 000	267 000	220 000	225 000
Total Current Debt	295 000	279 000	226 000	281 000
Total Equity and Debt	7 467 000	7 860 000	8 152 000	8 526 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,6 %	−12,66 %	−13,65 %	−12,23 %
Debt-to-Equity Ratio	2,97	2,57	2,31	2,03
Operating Profit Margin	−145,4 %	−138,99 %	−288,66 %	−2 280 %
Current Ratio	3,02	4,27	5,73	5,36
Quick Ratio	3,02	4,27	5,73	5,36
Equity Ratio	0,24	0,27	0,29	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %