GRØNLAND 14 AS

0663 OSLO

Finances

Share Ownership

Return on Equity

35,96 %

Current Ratio

0,46

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 181 000	3 984 000	3 543 000	3 450 000
Net Income	2 594 000	2 529 000	1 970 000	1 934 000
Total Assets	15 320 000	14 573 000	14 062 000	13 665 000
Total Equity	7 213 000	6 393 000	4 459 000	4 664 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 181 000	3 984 000	3 543 000	3 450 000
Expenditure	927 000	771 000	1 020 000	971 000
Operating Profit	3 255 000	3 213 000	2 523 000	2 480 000
Financial Income	123 000	73 000	3 000	4 000
Financial Costs	1 000	0	0	0
Financial Balance	122 000	73 000	3 000	4 000
Earnings Before Tax	3 376 000	3 286 000	2 526 000	2 484 000
Tax	782 000	757 000	556 000	550 000
Net Income	2 594 000	2 529 000	1 970 000	1 934 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 083 000	12 278 000	13 326 000	11 695 000
Total Current Assets	1 237 000	2 295 000	736 000	1 971 000
Total Assets	15 320 000	14 573 000	14 062 000	13 665 000
Total Retained Equity	5 233 000	4 413 000	2 479 000	2 684 000
Total Equity	7 213 000	6 393 000	4 459 000	4 664 000
Total Long-Term Debt	5 392 000	6 631 000	6 706 000	6 253 000
Total Current Debt	2 715 000	1 549 000	2 897 000	2 749 000
Total Equity and Debt	15 320 000	14 573 000	14 062 000	13 665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 000	3 984 000	3 543 000	0
Other Income	4 167 000	0	0	3 450 000
Revenue	4 181 000	3 984 000	3 543 000	3 450 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	393 000	410 000	475 000	475 000
Impairment	0	0	0	0
Expenditure	927 000	771 000	1 020 000	971 000
Operating Profit	3 255 000	3 213 000	2 523 000	2 480 000
Financial Income	123 000	73 000	3 000	4 000
Financial Costs	1 000	0	0	0
Financial Balance	122 000	73 000	3 000	4 000
Dividends	0	0	0	0
Net Income	2 594 000	2 529 000	1 970 000	1 934 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 176 000	8 569 000	8 972 000	9 375 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	7 000	79 000
Total Tangible Assets	8 176 000	8 569 000	8 979 000	9 454 000
Total Fiancial Fixed Assets	5 907 000	3 709 000	4 347 000	2 241 000
Total Fixed Assets	14 083 000	12 278 000	13 326 000	11 695 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 086 000	2 150 000	521 000	1 772 000
Total Current Assets	1 237 000	2 295 000	736 000	1 971 000
Total Assets	15 320 000	14 573 000	14 062 000	13 665 000
Total Equity	7 213 000	6 393 000	4 459 000	4 664 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 392 000	6 631 000	6 706 000	6 253 000
Creditors	0	34 000	8 000	5 000
Unpaid Taxes	134 000	134 000	126 000	25 000
Dividends	0	0	0	0
Other Current Debt	2 300 000	788 000	2 763 000	25 000
Total Current Debt	2 715 000	1 549 000	2 897 000	2 749 000
Total Equity and Debt	15 320 000	14 573 000	14 062 000	13 665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,96 %	39,56 %	44,18 %	41,47 %
Debt-to-Equity Ratio	0,75	1,04	1,5	1,34
Operating Profit Margin	77,85 %	80,65 %	71,21 %	71,88 %
Current Ratio	0,46	1,48	0,25	0,72
Quick Ratio	0,46	1,48	0,25	0,72
Equity Ratio	0,47	0,44	0,32	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %