GOD GRUNN AS

6160 HOVDEBYGDA

Finances

Share Ownership

Return on Equity

18,19 %

Current Ratio

7,85

Debt-to-Equity Ratio

4,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 276 000	1 200 000	1 200 000	1 200 000
Net Income	355 000	418 000	328 000	196 000
Total Assets	11 918 000	12 150 000	12 296 000	12 253 000
Total Equity	1 952 000	1 596 000	1 591 000	1 570 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 276 000	1 200 000	1 200 000	1 200 000
Expenditure	597 000	479 000	479 000	516 000
Operating Profit	679 000	722 000	721 000	684 000
Financial Income	124 000	77 000	0	0
Financial Costs	348 000	262 000	300 000	434 000
Financial Balance	−224 000	−185 000	−300 000	−434 000
Earnings Before Tax	456 000	536 000	421 000	251 000
Tax	100 000	118 000	93 000	55 000
Net Income	355 000	418 000	328 000	196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 088 000	10 497 000	11 187 000	11 543 000
Total Current Assets	1 830 000	1 653 000	1 110 000	711 000
Total Assets	11 918 000	12 150 000	12 296 000	12 253 000
Total Retained Equity	1 850 000	1 494 000	1 489 000	1 468 000
Total Equity	1 952 000	1 596 000	1 591 000	1 570 000
Total Long-Term Debt	9 733 000	9 951 000	10 250 000	10 344 000
Total Current Debt	233 000	602 000	456 000	339 000
Total Equity and Debt	11 918 000	12 150 000	12 296 000	12 253 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 276 000	1 200 000	0	0
Other Income	0	0	1 200 000	1 200 000
Revenue	1 276 000	1 200 000	1 200 000	1 200 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	248 000	248 000	246 000	238 000
Impairment	0	0	0	0
Expenditure	597 000	479 000	479 000	516 000
Operating Profit	679 000	722 000	721 000	684 000
Financial Income	124 000	77 000	0	0
Financial Costs	348 000	262 000	300 000	434 000
Financial Balance	−224 000	−185 000	−300 000	−434 000
Dividends	0	0	0	0
Net Income	355 000	418 000	328 000	196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 668 000	7 326 000	7 574 000	7 722 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 668 000	7 326 000	7 574 000	7 722 000
Total Fiancial Fixed Assets	2 420 000	3 171 000	3 613 000	3 820 000
Total Fixed Assets	10 088 000	10 497 000	11 187 000	11 543 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 629 000	1 518 000	1 101 000	257 000
Total Current Assets	1 830 000	1 653 000	1 110 000	711 000
Total Assets	11 918 000	12 150 000	12 296 000	12 253 000
Total Equity	1 952 000	1 596 000	1 591 000	1 570 000
Short-Term Group Debt	0	530 000	394 000	207 000
Total Long-Term Debt	9 733 000	9 951 000	10 250 000	10 344 000
Creditors	85 000	14 000	1 000	81 000
Unpaid Taxes	0	45 000	47 000	30 000
Dividends	0	0	0	0
Other Current Debt	51 000	14 000	14 000	21 000
Total Current Debt	233 000	602 000	456 000	339 000
Total Equity and Debt	11 918 000	12 150 000	12 296 000	12 253 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,19 %	26,19 %	20,62 %	12,48 %
Debt-to-Equity Ratio	4,99	6,23	6,44	6,59
Operating Profit Margin	53,21 %	60,17 %	60,08 %	57 %
Current Ratio	7,85	2,75	2,43	2,1
Quick Ratio	7,85	2,75	2,43	2,1
Equity Ratio	0,16	0,13	0,13	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %