GRENSELANDET AS

9790 KJØLLEFJORD

Finances

Share Ownership

Return on Equity

19,35 %

Current Ratio

0,95

Debt-to-Equity Ratio

−1

Key figures (NOK)	2022	2021	2020	2019
Revenue	600 000	646 000	980 000	400 000
Net Income	−4 689 000	−2 467 000	−1 558 000	−4 162 000
Total Assets	677 000	263 000	328 000	47 000
Total Equity	−24 234 000	−19 545 000	−17 078 000	−15 520 000

Income (NOK)	2022	2021	2020	2019
Revenue	600 000	646 000	980 000	400 000
Expenditure	5 289 000	3 113 000	2 537 000	4 561 000
Operating Profit	−4 689 000	−2 467 000	−1 557 000	−4 161 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	−4 689 000	−2 467 000	−1 558 000	−4 162 000
Tax	0	0	0	0
Net Income	−4 689 000	−2 467 000	−1 558 000	−4 162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	677 000	263 000	328 000	47 000
Total Assets	677 000	263 000	328 000	47 000
Total Retained Equity	−24 266 000	−19 577 000	−17 110 000	−15 552 000
Total Equity	−24 234 000	−19 545 000	−17 078 000	−15 520 000
Total Long-Term Debt	24 198 000	19 685 000	17 346 000	15 041 000
Total Current Debt	713 000	123 000	60 000	525 000
Total Equity and Debt	677 000	263 000	328 000	47 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	600 000	646 000	980 000	400 000
Other Income	0	0	0	0
Revenue	600 000	646 000	980 000	400 000
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	5 289 000	3 113 000	2 537 000	4 561 000
Operating Profit	−4 689 000	−2 467 000	−1 557 000	−4 161 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	−4 689 000	−2 467 000	−1 558 000	−4 162 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	547 000	164 000	252 000	7 000
Total Current Assets	677 000	263 000	328 000	47 000
Total Assets	677 000	263 000	328 000	47 000
Total Equity	−24 234 000	−19 545 000	−17 078 000	−15 520 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 198 000	19 685 000	17 346 000	15 041 000
Creditors	173 000	108 000	13 000	343 000
Unpaid Taxes	9 000	9 000	0	0
Dividends	0	0	0	0
Other Current Debt	531 000	6 000	47 000	182 000
Total Current Debt	713 000	123 000	60 000	525 000
Total Equity and Debt	677 000	263 000	328 000	47 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,35 %	12,62 %	9,12 %	26,82 %
Debt-to-Equity Ratio	−1	−1,01	−1,02	−0,97
Operating Profit Margin	−781,5 %	−381,89 %	−158,88 %	−1 040,25 %
Current Ratio	0,95	2,14	5,47	0,09
Quick Ratio	0,95	2,14	5,47	0,09
Equity Ratio	−35,8	−74,32	−52,07	−330,21
Gross Profit Margin	100 %	100 %	100 %	100 %