GRAND ROYAL EIENDOM AS

8517 NARVIK

Finances

Return on Equity

9,16 %

Current Ratio

11,74

Debt-to-Equity Ratio

2,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 953 000	8 389 000	6 802 000	9 939 000
Net Income	3 100 000	2 246 000	−1 635 000	1 244 000
Total Assets	116 489 000	102 045 000	99 371 000	98 938 000
Total Equity	33 828 000	23 208 000	20 962 000	22 597 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 953 000	8 389 000	6 802 000	9 939 000
Expenditure	7 266 000	6 689 000	7 238 000	7 741 000
Operating Profit	3 687 000	1 701 000	−437 000	2 198 000
Financial Income	3 489 000	3 162 000	495 000	2 074 000
Financial Costs	3 202 000	1 983 000	2 154 000	2 677 000
Financial Balance	287 000	1 179 000	−1 659 000	−603 000
Earnings Before Tax	3 974 000	2 880 000	−2 096 000	1 595 000
Tax	874 000	634 000	−461 000	351 000
Net Income	3 100 000	2 246 000	−1 635 000	1 244 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 670 000	92 378 000	95 856 000	94 882 000
Total Current Assets	20 819 000	9 667 000	3 515 000	4 056 000
Total Assets	116 489 000	102 045 000	99 371 000	98 938 000
Total Retained Equity	16 299 000	13 199 000	10 953 000	12 588 000
Total Equity	33 828 000	23 208 000	20 962 000	22 597 000
Total Long-Term Debt	80 888 000	77 892 000	77 259 000	74 614 000
Total Current Debt	1 773 000	945 000	1 150 000	1 727 000
Total Equity and Debt	116 489 000	102 045 000	99 371 000	98 938 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	10 953 000	8 389 000	6 802 000	9 939 000
Revenue	10 953 000	8 389 000	6 802 000	9 939 000
Cost of Goods Sold	38 000	0	0	0
Salary Costs	473 000	714 000	665 000	522 000
Depreciation	3 445 000	3 598 000	4 537 000	3 926 000
Impairment	0	0	0	0
Expenditure	7 266 000	6 689 000	7 238 000	7 741 000
Operating Profit	3 687 000	1 701 000	−437 000	2 198 000
Financial Income	3 489 000	3 162 000	495 000	2 074 000
Financial Costs	3 202 000	1 983 000	2 154 000	2 677 000
Financial Balance	287 000	1 179 000	−1 659 000	−603 000
Dividends	0	0	0	0
Net Income	3 100 000	2 246 000	−1 635 000	1 244 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	88 453 000	90 392 000	93 565 000	90 738 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 020 000	1 846 000	2 162 000	1 845 000
Total Tangible Assets	90 474 000	92 238 000	95 727 000	92 582 000
Total Fiancial Fixed Assets	5 197 000	140 000	129 000	2 299 000
Total Fixed Assets	95 670 000	92 378 000	95 856 000	94 882 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 120 000	5 234 000	135 000	253 000
Total Current Assets	20 819 000	9 667 000	3 515 000	4 056 000
Total Assets	116 489 000	102 045 000	99 371 000	98 938 000
Total Equity	33 828 000	23 208 000	20 962 000	22 597 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	80 888 000	77 892 000	77 259 000	74 614 000
Creditors	1 166 000	175 000	463 000	1 501 000
Unpaid Taxes	69 000	282 000	127 000	0
Dividends	0	0	0	0
Other Current Debt	538 000	488 000	561 000	226 000
Total Current Debt	1 773 000	945 000	1 150 000	1 727 000
Total Equity and Debt	116 489 000	102 045 000	99 371 000	98 938 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,16 %	9,68 %	−7,8 %	5,51 %
Debt-to-Equity Ratio	2,39	3,36	3,69	3,3
Operating Profit Margin	33,66 %	20,28 %	−6,42 %	22,11 %
Current Ratio	11,74	10,23	3,06	2,35
Quick Ratio	11,74	10,23	3,06	2,35
Equity Ratio	0,29	0,23	0,21	0,23
Gross Profit Margin	99,65 %	100 %	100 %	100 %