GRASMO EIENDOM AS

3270 LARVIK

Finances

Share Ownership

Return on Equity

5,26 %

Current Ratio

3,08

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	493 000	514 000	260 000	467 000
Net Income	180 000	229 000	−10 000	127 000
Total Assets	4 932 000	4 708 000	4 402 000	4 404 000
Total Equity	3 419 000	3 239 000	3 010 000	3 020 000

Income (NOK)	2022	2021	2020	2019
Revenue	493 000	514 000	260 000	467 000
Expenditure	246 000	199 000	246 000	253 000
Operating Profit	247 000	315 000	14 000	214 000
Financial Income	37 000	5 000	8 000	5 000
Financial Costs	53 000	25 000	35 000	55 000
Financial Balance	−16 000	−20 000	−27 000	−50 000
Earnings Before Tax	231 000	294 000	−13 000	163 000
Tax	51 000	65 000	−3 000	36 000
Net Income	180 000	229 000	−10 000	127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 710 000	3 745 000	3 866 000	3 988 000
Total Current Assets	222 000	963 000	536 000	416 000
Total Assets	4 932 000	4 708 000	4 402 000	4 404 000
Total Retained Equity	419 000	239 000	10 000	20 000
Total Equity	3 419 000	3 239 000	3 010 000	3 020 000
Total Long-Term Debt	1 442 000	1 380 000	1 375 000	1 328 000
Total Current Debt	72 000	88 000	17 000	57 000
Total Equity and Debt	4 932 000	4 708 000	4 402 000	4 404 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	493 000	514 000	260 000	205 000
Other Income	0	0	0	262 000
Revenue	493 000	514 000	260 000	467 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	142 000	142 000	142 000	142 000
Impairment	0	0	0	0
Expenditure	246 000	199 000	246 000	253 000
Operating Profit	247 000	315 000	14 000	214 000
Financial Income	37 000	5 000	8 000	5 000
Financial Costs	53 000	25 000	35 000	55 000
Financial Balance	−16 000	−20 000	−27 000	−50 000
Dividends	0	0	0	0
Net Income	180 000	229 000	−10 000	127 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	112 000	91 000	70 000	50 000
Real Eastate	4 598 000	3 654 000	3 796 000	3 938 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 598 000	3 654 000	3 796 000	3 938 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 710 000	3 745 000	3 866 000	3 988 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	416 000
Total Current Assets	222 000	963 000	536 000	416 000
Total Assets	4 932 000	4 708 000	4 402 000	4 404 000
Total Equity	3 419 000	3 239 000	3 010 000	3 020 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 442 000	1 380 000	1 375 000	1 328 000
Creditors	0	0	0	0
Unpaid Taxes	0	3 000	0	1 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	72 000	88 000	17 000	57 000
Total Equity and Debt	4 932 000	4 708 000	4 402 000	4 404 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,26 %	7,07 %	−0,33 %	4,21 %
Debt-to-Equity Ratio	0,42	0,43	0,46	0,44
Operating Profit Margin	50,1 %	61,28 %	5,38 %	45,82 %
Current Ratio	3,08	10,94	31,53	7,3
Quick Ratio	3,08	10,94	31,53	7,3
Equity Ratio	0,69	0,69	0,68	0,69
Gross Profit Margin	100 %	100 %	100 %	100 %