GRØNLAND 16 AS

0663 OSLO

Finances

Share Ownership

Return on Equity

−133,69 %

Current Ratio

67,83

Debt-to-Equity Ratio

34,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	4 000	4 000	0
Net Income	−1 774 000	−1 924 000	−701 000	−1 212 000
Total Assets	46 722 000	42 015 000	38 877 000	36 974 000
Total Equity	1 327 000	1 327 000	255 000	−1 111 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	4 000	4 000	0
Expenditure	273 000	1 286 000	1 224 000	1 232 000
Operating Profit	−273 000	−1 282 000	−1 220 000	−1 232 000
Financial Income	0	0	0	0
Financial Costs	2 002 000	1 185 000	0	0
Financial Balance	−2 002 000	−1 185 000	0	0
Earnings Before Tax	−2 275 000	−2 467 000	−1 220 000	−1 231 000
Tax	−500 000	−543 000	−520 000	−20 000
Net Income	−1 774 000	−1 924 000	−701 000	−1 212 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 280 000	38 170 000	36 168 000	36 951 000
Total Current Assets	2 442 000	3 845 000	2 709 000	23 000
Total Assets	46 722 000	42 015 000	38 877 000	36 974 000
Total Retained Equity	−5 540 000	−3 766 000	−1 842 000	−1 141 000
Total Equity	1 327 000	1 327 000	255 000	−1 111 000
Total Long-Term Debt	45 359 000	40 587 000	38 625 000	38 071 000
Total Current Debt	36 000	101 000	−3 000	15 000
Total Equity and Debt	46 722 000	42 015 000	38 877 000	36 974 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	4 000	4 000	0
Other Income	0	0	0	0
Revenue	0	4 000	4 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	1 016 000	1 013 000	994 000
Impairment	0	0	0	0
Expenditure	273 000	1 286 000	1 224 000	1 232 000
Operating Profit	−273 000	−1 282 000	−1 220 000	−1 232 000
Financial Income	0	0	0	0
Financial Costs	2 002 000	1 185 000	0	0
Financial Balance	−2 002 000	−1 185 000	0	0
Dividends	0	0	0	0
Net Income	−1 774 000	−1 924 000	−701 000	−1 212 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	37 889 000	35 620 000	36 168 000	36 951 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	37 889 000	35 620 000	36 168 000	36 951 000
Total Fiancial Fixed Assets	6 391 000	2 550 000	0	0
Total Fixed Assets	44 280 000	38 170 000	36 168 000	36 951 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	168 000	4 000	55 000	23 000
Total Current Assets	2 442 000	3 845 000	2 709 000	23 000
Total Assets	46 722 000	42 015 000	38 877 000	36 974 000
Total Equity	1 327 000	1 327 000	255 000	−1 111 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 359 000	40 587 000	38 625 000	38 071 000
Creditors	36 000	101 000	−3 000	15 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	36 000	101 000	−3 000	15 000
Total Equity and Debt	46 722 000	42 015 000	38 877 000	36 974 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−133,69 %	−144,99 %	−274,9 %	109,09 %
Debt-to-Equity Ratio	34,18	30,59	151,47	−34,27
Operating Profit Margin	-	−32 050 %	−30 500 %	-
Current Ratio	67,83	38,07	−903	1,53
Quick Ratio	67,83	38,07	−903	1,53
Equity Ratio	0,03	0,03	0,01	−0,03
Gross Profit Margin	-	100 %	100 %	-