GRENSEN 17 AS

0278 OSLO

Finances

Share Ownership

Return on Equity

2,52 %

Current Ratio

2,57

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 177 000	24 330 000	19 739 000	20 490 000
Net Income	7 226 000	3 854 000	2 395 000	−581 000
Total Assets	322 328 000	331 373 000	332 181 000	331 473 000
Total Equity	286 562 000	279 336 000	205 482 000	203 087 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 177 000	24 330 000	19 739 000	20 490 000
Expenditure	14 959 000	15 391 000	12 217 000	11 631 000
Operating Profit	10 218 000	8 939 000	7 522 000	8 858 000
Financial Income	549 000	0	7 000	31 000
Financial Costs	1 502 000	3 997 000	4 489 000	9 604 000
Financial Balance	−953 000	−3 997 000	−4 482 000	−9 573 000
Earnings Before Tax	9 264 000	4 942 000	3 041 000	−715 000
Tax	2 038 000	1 087 000	646 000	−134 000
Net Income	7 226 000	3 854 000	2 395 000	−581 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	312 294 000	320 999 000	327 816 000	322 893 000
Total Current Assets	10 034 000	10 374 000	4 365 000	8 580 000
Total Assets	322 328 000	331 373 000	332 181 000	331 473 000
Total Retained Equity	13 475 000	6 249 000	2 395 000	0
Total Equity	286 562 000	279 336 000	205 482 000	203 087 000
Total Long-Term Debt	31 859 000	49 406 000	124 409 000	125 997 000
Total Current Debt	3 907 000	2 631 000	2 290 000	2 389 000
Total Equity and Debt	322 328 000	331 373 000	332 181 000	331 473 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 943 000	24 109 000	19 509 000	20 266 000
Other Income	234 000	220 000	230 000	224 000
Revenue	25 177 000	24 330 000	19 739 000	20 490 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	11 336 000	11 083 000	9 501 000	8 671 000
Impairment	0	0	0	0
Expenditure	14 959 000	15 391 000	12 217 000	11 631 000
Operating Profit	10 218 000	8 939 000	7 522 000	8 858 000
Financial Income	549 000	0	7 000	31 000
Financial Costs	1 502 000	3 997 000	4 489 000	9 604 000
Financial Balance	−953 000	−3 997 000	−4 482 000	−9 573 000
Dividends	0	0	0	0
Net Income	7 226 000	3 854 000	2 395 000	−581 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 874 000	12 912 000	13 999 000	14 645 000
Real Eastate	301 421 000	308 087 000	313 817 000	308 248 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	301 421 000	308 087 000	313 817 000	308 248 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	312 294 000	320 999 000	327 816 000	322 893 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 437 000	7 395 000	2 281 000	5 370 000
Total Current Assets	10 034 000	10 374 000	4 365 000	8 580 000
Total Assets	322 328 000	331 373 000	332 181 000	331 473 000
Total Equity	286 562 000	279 336 000	205 482 000	203 087 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 859 000	49 406 000	124 409 000	125 997 000
Creditors	1 329 000	239 000	2 013 000	2 340 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 578 000	2 392 000	278 000	49 000
Total Current Debt	3 907 000	2 631 000	2 290 000	2 389 000
Total Equity and Debt	322 328 000	331 373 000	332 181 000	331 473 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,52 %	1,38 %	1,17 %	−0,29 %
Debt-to-Equity Ratio	0,11	0,18	0,61	0,62
Operating Profit Margin	40,58 %	36,74 %	38,11 %	43,23 %
Current Ratio	2,57	3,94	1,91	3,59
Quick Ratio	2,57	3,94	1,91	3,59
Equity Ratio	0,89	0,84	0,62	0,61
Gross Profit Margin	100 %	100 %	100 %	100 %