GRØNLANDSKVARTALENE AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

2,67 %

Current Ratio

63,37

Debt-to-Equity Ratio

1,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 084 000	19 736 000	17 469 000	0
Net Income	4 707 000	2 719 000	−4 089 000	0
Total Assets	356 749 000	345 785 000	363 684 000	24 000
Total Equity	176 251 000	171 544 000	98 825 000	24 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 084 000	19 736 000	17 469 000	0
Expenditure	9 969 000	11 544 000	14 741 000	1 000
Operating Profit	10 114 000	8 192 000	2 728 000	−1 000
Financial Income	713 000	56 000	38 000	0
Financial Costs	4 650 000	4 761 000	8 556 000	0
Financial Balance	−3 937 000	−4 705 000	−8 518 000	0
Earnings Before Tax	6 178 000	3 486 000	−5 789 000	−1 000
Tax	1 470 000	767 000	−1 701 000	0
Net Income	4 707 000	2 719 000	−4 089 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	331 019 000	338 278 000	344 703 000	2 000
Total Current Assets	25 729 000	7 507 000	18 981 000	22 000
Total Assets	356 749 000	345 785 000	363 684 000	24 000
Total Retained Equity	3 251 000	−1 456 000	−4 175 000	−6 000
Total Equity	176 251 000	171 544 000	98 825 000	24 000
Total Long-Term Debt	180 092 000	173 972 000	261 534 000	0
Total Current Debt	406 000	269 000	3 325 000	0
Total Equity and Debt	356 749 000	345 785 000	363 684 000	24 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	1 000	0
Other Income	20 084 000	19 736 000	17 468 000	0
Revenue	20 084 000	19 736 000	17 469 000	0
Cost of Goods Sold	0	0	22 000	0
Salary Costs	0	0	0	0
Depreciation	7 509 000	7 441 000	6 633 000	0
Impairment	0	0	0	0
Expenditure	9 969 000	11 544 000	14 741 000	1 000
Operating Profit	10 114 000	8 192 000	2 728 000	−1 000
Financial Income	713 000	56 000	38 000	0
Financial Costs	4 650 000	4 761 000	8 556 000	0
Financial Balance	−3 937 000	−4 705 000	−8 518 000	0
Dividends	0	0	0	0
Net Income	4 707 000	2 719 000	−4 089 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	25 095 000	0
Total Intangible Assets	0	0	25 095 000	2 000
Real Eastate	330 845 000	337 987 000	319 201 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	175 000	291 000	408 000	0
Total Tangible Assets	331 019 000	338 278 000	319 608 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	331 019 000	338 278 000	344 703 000	2 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	17 213 000	22 000
Total Current Assets	25 729 000	7 507 000	18 981 000	22 000
Total Assets	356 749 000	345 785 000	363 684 000	24 000
Total Equity	176 251 000	171 544 000	98 825 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	180 092 000	173 972 000	261 534 000	0
Creditors	273 000	82 000	3 245 000	0
Unpaid Taxes	107 000	187 000	31 000	0
Dividends	0	0	0	0
Other Current Debt	26 000	0	50 000	0
Total Current Debt	406 000	269 000	3 325 000	0
Total Equity and Debt	356 749 000	345 785 000	363 684 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,67 %	1,59 %	−4,14 %	0 %
Debt-to-Equity Ratio	1,02	1,01	2,65	0
Operating Profit Margin	50,36 %	41,51 %	15,62 %	-
Current Ratio	63,37	27,91	5,71	-
Quick Ratio	63,37	27,91	5,71	-
Equity Ratio	0,49	0,5	0,27	1
Gross Profit Margin	100 %	100 %	99,87 %	-