GRIMSRØD TOMTEFELT AS

1776 HALDEN

Finances

Return on Equity

−0,73 %

Current Ratio

2,61

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 260 000	0	3 515 000
Net Income	−94 000	563 000	4 683 000	−356 000
Total Assets	16 114 000	16 602 000	18 071 000	13 369 000
Total Equity	12 922 000	13 015 000	12 452 000	7 769 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 260 000	0	3 515 000
Expenditure	120 000	525 000	1 435 000	2 936 000
Operating Profit	−120 000	736 000	−1 435 000	578 000
Financial Income	0	0	5 849 000	324 000
Financial Costs	0	14 000	59 000	1 164 000
Financial Balance	0	−14 000	5 790 000	−840 000
Earnings Before Tax	−120 000	722 000	4 354 000	−262 000
Tax	−26 000	159 000	−329 000	94 000
Net Income	−94 000	563 000	4 683 000	−356 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 459 000	9 455 000	9 624 000	3 457 000
Total Current Assets	6 655 000	7 147 000	8 448 000	9 912 000
Total Assets	16 114 000	16 602 000	18 071 000	13 369 000
Total Retained Equity	12 309 000	12 402 000	11 814 000	7 156 000
Total Equity	12 922 000	13 015 000	12 452 000	7 769 000
Total Long-Term Debt	642 000	1 037 000	2 800 000	5 226 000
Total Current Debt	2 551 000	2 550 000	2 819 000	374 000
Total Equity and Debt	16 114 000	16 602 000	18 071 000	13 369 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 200 000	0	48 000
Other Income	0	60 000	0	3 467 000
Revenue	0	1 260 000	0	3 515 000
Cost of Goods Sold	0	350 000	0	1 134 000
Salary Costs	0	13 000	1 226 000	1 357 000
Depreciation	22 000	10 000	10 000	8 000
Impairment	0	0	0	0
Expenditure	120 000	525 000	1 435 000	2 936 000
Operating Profit	−120 000	736 000	−1 435 000	578 000
Financial Income	0	0	5 849 000	324 000
Financial Costs	0	14 000	59 000	1 164 000
Financial Balance	0	−14 000	5 790 000	−840 000
Dividends	0	0	0	0
Net Income	−94 000	563 000	4 683 000	−356 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	196 000	169 000	328 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	22 000	32 000	42 000
Total Tangible Assets	0	22 000	32 000	42 000
Total Fiancial Fixed Assets	9 263 000	9 263 000	9 263 000	3 415 000
Total Fixed Assets	9 459 000	9 455 000	9 624 000	3 457 000
Stock	1 751 000	1 751 000	2 101 000	2 074 000
Total Investments	0	0	0	0
Cash, Bank	1 087 000	1 226 000	1 448 000	2 662 000
Total Current Assets	6 655 000	7 147 000	8 448 000	9 912 000
Total Assets	16 114 000	16 602 000	18 071 000	13 369 000
Total Equity	12 922 000	13 015 000	12 452 000	7 769 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	642 000	1 037 000	2 800 000	5 226 000
Creditors	23 000	22 000	70 000	69 000
Unpaid Taxes	0	0	127 000	104 000
Dividends	0	0	0	0
Other Current Debt	2 527 000	2 527 000	2 623 000	108 000
Total Current Debt	2 551 000	2 550 000	2 819 000	374 000
Total Equity and Debt	16 114 000	16 602 000	18 071 000	13 369 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,73 %	4,33 %	37,61 %	−4,58 %
Debt-to-Equity Ratio	0,05	0,08	0,22	0,67
Operating Profit Margin	-	58,41 %	-	16,44 %
Current Ratio	2,61	2,8	3	26,5
Quick Ratio	8,32	8,94	11,77	−5,83
Equity Ratio	0,8	0,78	0,69	0,58
Gross Profit Margin	-	72,22 %	-	67,74 %