GRANDGÅRDEN ARENDAL AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

1,77 %

Current Ratio

13,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 242 000	1 114 000	920 000	188 554 000
Net Income	471 000	−206 000	−4 308 000	27 799 000
Total Assets	27 236 000	26 599 000	26 613 000	32 044 000
Total Equity	26 664 000	26 576 000	26 461 000	30 666 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 242 000	1 114 000	920 000	188 554 000
Expenditure	919 000	1 535 000	6 611 000	151 100 000
Operating Profit	322 000	−422 000	−5 691 000	37 453 000
Financial Income	282 000	158 000	168 000	199 000
Financial Costs	0	0	0	2 013 000
Financial Balance	282 000	158 000	168 000	−1 814 000
Earnings Before Tax	604 000	−264 000	−5 523 000	35 640 000
Tax	133 000	−58 000	−1 215 000	7 841 000
Net Income	471 000	−206 000	−4 308 000	27 799 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 747 000	20 248 000	20 538 000	22 325 000
Total Current Assets	7 489 000	6 351 000	6 075 000	9 718 000
Total Assets	27 236 000	26 599 000	26 613 000	32 044 000
Total Retained Equity	203 000	115 000	0	166 000
Total Equity	26 664 000	26 576 000	26 461 000	30 666 000
Total Long-Term Debt	0	0	0	47 000
Total Current Debt	572 000	23 000	152 000	1 330 000
Total Equity and Debt	27 236 000	26 599 000	26 613 000	32 044 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 242 000	1 114 000	920 000	188 554 000
Other Income	0	0	0	0
Revenue	1 242 000	1 114 000	920 000	188 554 000
Cost of Goods Sold	0	656 000	0	150 052 000
Salary Costs	0	0	0	0
Depreciation	485 000	483 000	551 000	80 000
Impairment	0	0	5 500 000	0
Expenditure	919 000	1 535 000	6 611 000	151 100 000
Operating Profit	322 000	−422 000	−5 691 000	37 453 000
Financial Income	282 000	158 000	168 000	199 000
Financial Costs	0	0	0	2 013 000
Financial Balance	282 000	158 000	168 000	−1 814 000
Dividends	0	0	0	0
Net Income	471 000	−206 000	−4 308 000	27 799 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 082 000	1 107 000	1 139 000	0
Real Eastate	18 665 000	19 141 000	19 399 000	20 345 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	1 980 000
Total Tangible Assets	18 665 000	19 141 000	19 399 000	22 325 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 747 000	20 248 000	20 538 000	22 325 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	242 000	658 000	752 000	3 504 000
Total Current Assets	7 489 000	6 351 000	6 075 000	9 718 000
Total Assets	27 236 000	26 599 000	26 613 000	32 044 000
Total Equity	26 664 000	26 576 000	26 461 000	30 666 000
Short-Term Group Debt	0	0	0	27 000
Total Long-Term Debt	0	0	0	47 000
Creditors	71 000	5 000	64 000	1 304 000
Unpaid Taxes	9 000	18 000	18 000	0
Dividends	0	0	0	0
Other Current Debt	491 000	0	70 000	0
Total Current Debt	572 000	23 000	152 000	1 330 000
Total Equity and Debt	27 236 000	26 599 000	26 613 000	32 044 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,77 %	−0,78 %	−16,28 %	90,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,93 %	−37,88 %	−618,59 %	19,86 %
Current Ratio	13,09	276,13	39,97	7,31
Quick Ratio	13,09	276,13	39,97	7,31
Equity Ratio	0,98	1	0,99	0,96
Gross Profit Margin	100 %	41,11 %	100 %	20,42 %