GRUNNSTEINEN AS

1396 BILLINGSTAD

Finances

Return on Equity

−6,29 %

Current Ratio

1,01

Debt-to-Equity Ratio

1,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−4 525 000	−5 819 000	304 000	−248 000
Total Assets	187 652 000	181 386 000	183 419 000	1 544 000
Total Equity	71 964 000	76 488 000	101 648 000	1 344 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	8 914 000	8 439 000	473 000	249 000
Operating Profit	−8 914 000	−8 440 000	−473 000	−249 000
Financial Income	11 393 000	7 587 000	2 886 000	1 000
Financial Costs	7 003 000	4 966 000	2 108 000	0
Financial Balance	4 390 000	2 621 000	778 000	1 000
Earnings Before Tax	−4 525 000	−5 819 000	304 000	−248 000
Tax	0	0	0	0
Net Income	−4 525 000	−5 819 000	304 000	−248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	180 979 000	175 677 000	182 160 000	327 000
Total Current Assets	6 672 000	5 709 000	1 259 000	1 217 000
Total Assets	187 652 000	181 386 000	183 419 000	1 544 000
Total Retained Equity	−29 717 000	−25 193 000	−33 000	−337 000
Total Equity	71 964 000	76 488 000	101 648 000	1 344 000
Total Long-Term Debt	109 090 000	103 109 000	81 769 000	0
Total Current Debt	6 598 000	1 790 000	3 000	200 000
Total Equity and Debt	187 652 000	181 386 000	183 419 000	1 544 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	7 417 000	7 100 000	0	0
Depreciation	38 000	38 000	0	0
Impairment	0	0	0	0
Expenditure	8 914 000	8 439 000	473 000	249 000
Operating Profit	−8 914 000	−8 440 000	−473 000	−249 000
Financial Income	11 393 000	7 587 000	2 886 000	1 000
Financial Costs	7 003 000	4 966 000	2 108 000	0
Financial Balance	4 390 000	2 621 000	778 000	1 000
Dividends	0	0	0	0
Net Income	−4 525 000	−5 819 000	304 000	−248 000

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	51 000	89 000	0	0
Total Tangible Assets	51 000	89 000	0	0
Total Fiancial Fixed Assets	180 928 000	175 588 000	182 160 000	327 000
Total Fixed Assets	180 979 000	175 677 000	182 160 000	327 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	502 000	1 938 000	492 000	916 000
Total Current Assets	6 672 000	5 709 000	1 259 000	1 217 000
Total Assets	187 652 000	181 386 000	183 419 000	1 544 000
Total Equity	71 964 000	76 488 000	101 648 000	1 344 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	109 090 000	103 109 000	81 769 000	0
Creditors	234 000	296 000	3 000	3 000
Unpaid Taxes	570 000	508 000	0	0
Dividends	0	0	0	0
Other Current Debt	5 794 000	985 000	0	198 000
Total Current Debt	6 598 000	1 790 000	3 000	200 000
Total Equity and Debt	187 652 000	181 386 000	183 419 000	1 544 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,29 %	−7,61 %	0,3 %	−18,45 %
Debt-to-Equity Ratio	1,52	1,35	0,8	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,01	3,19	419,67	6,09
Quick Ratio	1,01	3,19	419,67	6,09
Equity Ratio	0,38	0,42	0,55	0,87
Gross Profit Margin	-	-	-	-