GRØNLAND MEDISIN AS

1707 SARPSBORG

Finances

Share Ownership

Return on Equity

1,63 %

Current Ratio

1 076,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 000	2 008 000	2 282 000	2 397 000
Net Income	88 000	1 141 000	1 363 000	1 597 000
Total Assets	5 392 000	5 614 000	4 558 000	3 209 000
Total Equity	5 388 000	5 300 000	4 159 000	2 797 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 000	2 008 000	2 282 000	2 397 000
Expenditure	6 000	520 000	491 000	529 000
Operating Profit	19 000	1 488 000	1 791 000	1 868 000
Financial Income	235 000	72 000	48 000	143 000
Financial Costs	162 000	104 000	78 000	1 000
Financial Balance	73 000	−32 000	−30 000	142 000
Earnings Before Tax	92 000	1 455 000	1 761 000	2 009 000
Tax	4 000	314 000	399 000	413 000
Net Income	88 000	1 141 000	1 363 000	1 597 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	10 000	10 000	10 000
Total Current Assets	5 382 000	5 604 000	4 548 000	3 199 000
Total Assets	5 392 000	5 614 000	4 558 000	3 209 000
Total Retained Equity	5 358 000	5 270 000	4 129 000	2 767 000
Total Equity	5 388 000	5 300 000	4 159 000	2 797 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 000	314 000	399 000	413 000
Total Equity and Debt	5 392 000	5 614 000	4 558 000	3 209 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 000	2 008 000	1 060 000	1 159 000
Other Income	0	0	1 222 000	1 239 000
Revenue	25 000	2 008 000	2 282 000	2 397 000
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	6 000	520 000	491 000	529 000
Operating Profit	19 000	1 488 000	1 791 000	1 868 000
Financial Income	235 000	72 000	48 000	143 000
Financial Costs	162 000	104 000	78 000	1 000
Financial Balance	73 000	−32 000	−30 000	142 000
Dividends	0	0	0	0
Net Income	88 000	1 141 000	1 363 000	1 597 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	10 000	0	0	0
Total Intangible Assets	10 000	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	10 000	10 000	10 000
Total Fixed Assets	10 000	10 000	10 000	10 000
Stock	5 369 000	0	0	0
Total Investments	0	5 053 000	2 521 000	1 130 000
Cash, Bank	12 000	551 000	1 969 000	1 969 000
Total Current Assets	5 382 000	5 604 000	4 548 000	3 199 000
Total Assets	5 392 000	5 614 000	4 558 000	3 209 000
Total Equity	5 388 000	5 300 000	4 159 000	2 797 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	5 000	314 000	399 000	413 000
Total Equity and Debt	5 392 000	5 614 000	4 558 000	3 209 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,63 %	21,53 %	32,77 %	57,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	76 %	74,1 %	78,48 %	77,93 %
Current Ratio	1 076,4	17,85	11,4	7,75
Quick Ratio	−1	17,85	11,4	7,75
Equity Ratio	1	0,94	0,91	0,87
Gross Profit Margin	100 %	100 %	100 %	100 %