GEIR GRINDLAND INVEST AS

4633 KRISTIANSAND S

Finances

Return on Equity

12,28 %

Current Ratio

19,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	450 000	145 000	0	0
Net Income	257 000	1 405 000	0	0
Total Assets	2 190 000	2 075 000	766 000	766 000
Total Equity	2 092 000	2 021 000	766 000	766 000

Income (NOK)	2022	2021
Revenue	450 000	145 000
Expenditure	2 000	11 000
Operating Profit	448 000	134 000
Financial Income	7 000	1 300 000
Financial Costs	100 000	0
Financial Balance	−93 000	1 300 000
Earnings Before Tax	355 000	1 434 000
Tax	99 000	30 000
Net Income	257 000	1 405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	230 000	48 000	315 000	215 000
Total Current Assets	1 960 000	2 027 000	451 000	551 000
Total Assets	2 190 000	2 075 000	766 000	766 000
Total Retained Equity	1 842 000	1 771 000	516 000	516 000
Total Equity	2 092 000	2 021 000	766 000	766 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	99 000	54 000	0	0
Total Equity and Debt	2 190 000	2 075 000	766 000	766 000

Cash flow (NOK)	2022	2021
Sales Income	450 000	145 000
Other Income	0	0
Revenue	450 000	145 000
Cost of Goods Sold	0	0
Salary Costs	0	0
Depreciation	0	0
Impairment	0	0
Expenditure	2 000	11 000
Operating Profit	448 000	134 000
Financial Income	7 000	1 300 000
Financial Costs	100 000	0
Financial Balance	−93 000	1 300 000
Dividends	186 000	150 000
Net Income	257 000	1 405 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	230 000	48 000	315 000	215 000
Total Fixed Assets	230 000	48 000	315 000	215 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 960 000	1 777 000	449 000	551 000
Total Current Assets	1 960 000	2 027 000	451 000	551 000
Total Assets	2 190 000	2 075 000	766 000	766 000
Total Equity	2 092 000	2 021 000	766 000	766 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	25 000	0	0
Dividends	186 000	150 000	0	0
Other Current Debt	0	0	0	0
Total Current Debt	99 000	54 000	0	0
Total Equity and Debt	2 190 000	2 075 000	766 000	766 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,28 %	69,52 %	0 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	99,56 %	92,41 %	-	-
Current Ratio	19,8	37,54	-	-
Quick Ratio	19,8	37,54	-	-
Equity Ratio	0,96	0,97	1	1
Gross Profit Margin	100 %	100 %	-	-