GRØNLAND 1 AS

3045 DRAMMEN

Finances

Return on Equity

68,25 %

Current Ratio

0,01

Debt-to-Equity Ratio

−6,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 528 000	11 494 000	0	0
Net Income	−6 171 000	−2 181 000	988 000	−500 000
Total Assets	252 369 000	217 142 000	229 275 000	228 505 000
Total Equity	−9 042 000	−2 872 000	518 000	−470 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 528 000	11 494 000	0	0
Expenditure	8 395 000	9 247 000	56 000	13 000
Operating Profit	1 133 000	2 247 000	−56 000	−13 000
Financial Income	36 000	1 000	7 351 000	6 498 000
Financial Costs	8 724 000	4 926 000	6 028 000	6 984 000
Financial Balance	−8 688 000	−4 925 000	1 323 000	−486 000
Earnings Before Tax	−7 556 000	−2 678 000	1 267 000	−500 000
Tax	−1 385 000	−497 000	279 000	0
Net Income	−6 171 000	−2 181 000	988 000	−500 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	249 703 000	212 089 000	221 615 000	221 615 000
Total Current Assets	2 667 000	5 053 000	7 660 000	6 890 000
Total Assets	252 369 000	217 142 000	229 275 000	228 505 000
Total Retained Equity	−9 072 000	−2 902 000	488 000	−500 000
Total Equity	−9 042 000	−2 872 000	518 000	−470 000
Total Long-Term Debt	59 441 000	217 567 000	228 161 000	228 410 000
Total Current Debt	201 971 000	2 447 000	596 000	565 000
Total Equity and Debt	252 369 000	217 142 000	229 275 000	228 505 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 528 000	9 809 000	0	0
Other Income	0	1 685 000	0	0
Revenue	9 528 000	11 494 000	0	0
Cost of Goods Sold	0	2 199 000	0	0
Salary Costs	0	0	0	0
Depreciation	6 089 000	6 105 000	0	0
Impairment	0	0	0	0
Expenditure	8 395 000	9 247 000	56 000	13 000
Operating Profit	1 133 000	2 247 000	−56 000	−13 000
Financial Income	36 000	1 000	7 351 000	6 498 000
Financial Costs	8 724 000	4 926 000	6 028 000	6 984 000
Financial Balance	−8 688 000	−4 925 000	1 323 000	−486 000
Dividends	0	0	0	0
Net Income	−6 171 000	−2 181 000	988 000	−500 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	205 960 000	211 957 000	0	0
Machinery and Plant Facilities	40 000	42 000	0	0
Fixtures	26 000	89 000	0	0
Total Tangible Assets	207 532 000	212 089 000	0	0
Total Fiancial Fixed Assets	42 171 000	0	221 615 000	221 615 000
Total Fixed Assets	249 703 000	212 089 000	221 615 000	221 615 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	758 000	4 656 000	309 000	393 000
Total Current Assets	2 667 000	5 053 000	7 660 000	6 890 000
Total Assets	252 369 000	217 142 000	229 275 000	228 505 000
Total Equity	−9 042 000	−2 872 000	518 000	−470 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	59 441 000	217 567 000	228 161 000	228 410 000
Creditors	1 111 000	388 000	0	0
Unpaid Taxes	180 000	199 000	0	0
Dividends	0	0	0	0
Other Current Debt	681 000	1 860 000	317 000	565 000
Total Current Debt	201 971 000	2 447 000	596 000	565 000
Total Equity and Debt	252 369 000	217 142 000	229 275 000	228 505 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,25 %	75,94 %	190,73 %	106,38 %
Debt-to-Equity Ratio	−6,57	−75,75	440,47	−485,98
Operating Profit Margin	11,89 %	19,55 %	-	-
Current Ratio	0,01	2,06	12,85	12,19
Quick Ratio	0,01	2,06	12,85	12,19
Equity Ratio	−0,04	−0,01	0	−0
Gross Profit Margin	100 %	80,87 %	-	-