GRIMEN PROPERTIES AS

5419 FITJAR

Finances

Return on Equity

1,42 %

Current Ratio

−5

Debt-to-Equity Ratio

1,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	129 000	2 352 000	103 000	0
Net Income	15 000	44 000	33 000	−3 000
Total Assets	2 657 000	2 366 000	4 262 000	3 501 000
Total Equity	1 059 000	1 044 000	1 000 000	966 000

Income (NOK)	2022	2021	2020	2019
Revenue	129 000	2 352 000	103 000	0
Expenditure	43 000	115 000	29 000	3 000
Operating Profit	86 000	118 000	73 000	−3 000
Financial Income	0	5 000	0	0
Financial Costs	66 000	66 000	38 000	0
Financial Balance	−66 000	−61 000	−38 000	0
Earnings Before Tax	20 000	57 000	35 000	−3 000
Tax	4 000	12 000	1 000	0
Net Income	15 000	44 000	33 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 677 000	2 177 000	2 262 000	400 000
Total Current Assets	−20 000	189 000	1 999 000	3 101 000
Total Assets	2 657 000	2 366 000	4 262 000	3 501 000
Total Retained Equity	59 000	44 000	0	−34 000
Total Equity	1 059 000	1 044 000	1 000 000	966 000
Total Long-Term Debt	1 593 000	1 307 000	3 261 000	400 000
Total Current Debt	4 000	15 000	1 000	2 134 000
Total Equity and Debt	2 657 000	2 366 000	4 262 000	3 501 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 000	2 232 000	3 000	0
Other Income	125 000	120 000	100 000	0
Revenue	129 000	2 352 000	103 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	43 000	115 000	29 000	3 000
Operating Profit	86 000	118 000	73 000	−3 000
Financial Income	0	5 000	0	0
Financial Costs	66 000	66 000	38 000	0
Financial Balance	−66 000	−61 000	−38 000	0
Dividends	0	0	0	0
Net Income	15 000	44 000	33 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 061 000	2 061 000	2 261 000	400 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 061 000	2 061 000	2 261 000	400 000
Total Fiancial Fixed Assets	616 000	116 000	2 000	0
Total Fixed Assets	2 677 000	2 177 000	2 262 000	400 000
Stock	0	0	1 916 000	3 033 000
Total Investments	0	0	0	0
Cash, Bank	0	208 000	103 000	68 000
Total Current Assets	−20 000	189 000	1 999 000	3 101 000
Total Assets	2 657 000	2 366 000	4 262 000	3 501 000
Total Equity	1 059 000	1 044 000	1 000 000	966 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 593 000	1 307 000	3 261 000	400 000
Creditors	0	2 000	0	714 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	4 000	15 000	1 000	2 134 000
Total Equity and Debt	2 657 000	2 366 000	4 262 000	3 501 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,42 %	4,21 %	3,3 %	−0,31 %
Debt-to-Equity Ratio	1,5	1,25	3,26	0,41
Operating Profit Margin	66,67 %	5,02 %	70,87 %	-
Current Ratio	−5	12,6	1 999	1,45
Quick Ratio	−5	12,6	−1,04	−3,45
Equity Ratio	0,4	0,44	0,23	0,28
Gross Profit Margin	100 %	100 %	100 %	-