GRENLAND UTLEIE AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

5,62 %

Current Ratio

1,15

Debt-to-Equity Ratio

1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	780 000	582 000	552 000	431 000
Net Income	5 000	65 000	63 000	30 000
Total Assets	503 000	461 000	487 000	313 000
Total Equity	89 000	84 000	119 000	56 000

Income (NOK)	2022	2021	2020	2019
Revenue	780 000	582 000	552 000	431 000
Expenditure	783 000	482 000	466 000	387 000
Operating Profit	−2 000	99 000	85 000	43 000
Financial Income	0	0	0	0
Financial Costs	5 000	4 000	4 000	9 000
Financial Balance	−5 000	−4 000	−4 000	−9 000
Earnings Before Tax	−7 000	95 000	81 000	35 000
Tax	−13 000	30 000	18 000	5 000
Net Income	5 000	65 000	63 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	198 000	57 000	122 000	71 000
Total Current Assets	305 000	404 000	365 000	242 000
Total Assets	503 000	461 000	487 000	313 000
Total Retained Equity	65 000	60 000	95 000	31 000
Total Equity	89 000	84 000	119 000	56 000
Total Long-Term Debt	147 000	0	119 000	60 000
Total Current Debt	266 000	377 000	249 000	197 000
Total Equity and Debt	503 000	461 000	487 000	313 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	738 000	548 000	552 000	431 000
Other Income	42 000	34 000	0	0
Revenue	780 000	582 000	552 000	431 000
Cost of Goods Sold	279 000	173 000	170 000	129 000
Salary Costs	67 000	37 000	28 000	37 000
Depreciation	33 000	23 000	23 000	14 000
Impairment	0	0	0	0
Expenditure	783 000	482 000	466 000	387 000
Operating Profit	−2 000	99 000	85 000	43 000
Financial Income	0	0	0	0
Financial Costs	5 000	4 000	4 000	9 000
Financial Balance	−5 000	−4 000	−4 000	−9 000
Dividends	0	100 000	0	0
Net Income	5 000	65 000	63 000	30 000

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	198 000	57 000	122 000	71 000
Total Tangible Assets	198 000	57 000	122 000	71 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	198 000	57 000	122 000	71 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	79 000	61 000	28 000	67 000
Total Current Assets	305 000	404 000	365 000	242 000
Total Assets	503 000	461 000	487 000	313 000
Total Equity	89 000	84 000	119 000	56 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	147 000	0	119 000	60 000
Creditors	243 000	217 000	203 000	161 000
Unpaid Taxes	10 000	25 000	14 000	22 000
Dividends	0	100 000	0	0
Other Current Debt	13 000	5 000	14 000	9 000
Total Current Debt	266 000	377 000	249 000	197 000
Total Equity and Debt	503 000	461 000	487 000	313 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,62 %	77,38 %	52,94 %	53,57 %
Debt-to-Equity Ratio	1,65	0	1	1,07
Operating Profit Margin	−0,26 %	17,01 %	15,4 %	9,98 %
Current Ratio	1,15	1,07	1,47	1,23
Quick Ratio	1,15	1,07	1,47	1,23
Equity Ratio	0,18	0,18	0,24	0,18
Gross Profit Margin	64,23 %	70,27 %	69,2 %	70,07 %