GRØNØRVEIEN 22 AS

7300 ORKANGER

Finances

Share Ownership

Return on Equity

75,37 %

Current Ratio

0,84

Debt-to-Equity Ratio

36,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 200 000	950 000	636 000	420 000
Net Income	153 000	134 000	−142 000	−38 000
Total Assets	7 833 000	8 083 000	8 512 000	8 625 000
Total Equity	203 000	51 000	−83 000	59 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 200 000	950 000	636 000	420 000
Expenditure	586 000	462 000	408 000	332 000
Operating Profit	614 000	488 000	228 000	88 000
Financial Income	0	0	0	0
Financial Costs	381 000	304 000	327 000	136 000
Financial Balance	−381 000	−304 000	−327 000	−136 000
Earnings Before Tax	233 000	184 000	−99 000	−48 000
Tax	80 000	51 000	42 000	−11 000
Net Income	153 000	134 000	−142 000	−38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 705 000	8 004 000	8 303 000	3 227 000
Total Current Assets	129 000	79 000	209 000	5 398 000
Total Assets	7 833 000	8 083 000	8 512 000	8 625 000
Total Retained Equity	173 000	21 000	−113 000	29 000
Total Equity	203 000	51 000	−83 000	59 000
Total Long-Term Debt	7 476 000	7 972 000	8 562 000	8 549 000
Total Current Debt	154 000	60 000	32 000	17 000
Total Equity and Debt	7 833 000	8 083 000	8 512 000	8 625 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	112 000	0
Other Income	1 200 000	950 000	524 000	420 000
Revenue	1 200 000	950 000	636 000	420 000
Cost of Goods Sold	0	0	0	0
Salary Costs	160 000	77 000	0	0
Depreciation	299 000	299 000	282 000	179 000
Impairment	0	0	0	0
Expenditure	586 000	462 000	408 000	332 000
Operating Profit	614 000	488 000	228 000	88 000
Financial Income	0	0	0	0
Financial Costs	381 000	304 000	327 000	136 000
Financial Balance	−381 000	−304 000	−327 000	−136 000
Dividends	0	0	0	0
Net Income	153 000	134 000	−142 000	−38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	42 000
Real Eastate	7 705 000	8 004 000	8 303 000	3 185 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 705 000	8 004 000	8 303 000	3 185 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 705 000	8 004 000	8 303 000	3 227 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	129 000	79 000	181 000	169 000
Total Current Assets	129 000	79 000	209 000	5 398 000
Total Assets	7 833 000	8 083 000	8 512 000	8 625 000
Total Equity	203 000	51 000	−83 000	59 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 476 000	7 972 000	8 562 000	8 549 000
Creditors	4 000	1 000	4 000	4 000
Unpaid Taxes	46 000	1 000	28 000	0
Dividends	0	0	0	0
Other Current Debt	24 000	7 000	0	0
Total Current Debt	154 000	60 000	32 000	17 000
Total Equity and Debt	7 833 000	8 083 000	8 512 000	8 625 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,37 %	262,75 %	171,08 %	−64,41 %
Debt-to-Equity Ratio	36,83	156,31	−103,16	144,9
Operating Profit Margin	51,17 %	51,37 %	35,85 %	20,95 %
Current Ratio	0,84	1,32	6,53	317,53
Quick Ratio	0,84	1,32	6,53	317,53
Equity Ratio	0,03	0,01	−0,01	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %