GRINDA BORETTSLAG

1776 HALDEN

Finances

Share Ownership

Return on Equity

22,14 %

Current Ratio

16,43

Debt-to-Equity Ratio

21,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 077 000	981 000	828 000	72 000
Net Income	217 000	456 000	176 000	21 000
Total Assets	21 680 000	21 760 000	21 610 000	15 710 000
Total Equity	980 000	764 000	308 000	131 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 077 000	981 000	828 000	72 000
Expenditure	503 000	286 000	383 000	28 000
Operating Profit	573 000	693 000	444 000	44 000
Financial Income	7 000	3 000	1 000	1 000
Financial Costs	363 000	241 000	269 000	24 000
Financial Balance	−356 000	−238 000	−268 000	−23 000
Earnings Before Tax	219 000	458 000	176 000	21 000
Tax	0	0	0	0
Net Income	217 000	456 000	176 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 450 000	21 450 000	21 450 000	15 600 000
Total Current Assets	230 000	310 000	160 000	110 000
Total Assets	21 680 000	21 760 000	21 610 000	15 710 000
Total Retained Equity	870 000	654 000	198 000	21 000
Total Equity	980 000	764 000	308 000	131 000
Total Long-Term Debt	20 686 000	20 910 000	21 185 000	15 581 000
Total Current Debt	14 000	86 000	118 000	−2 000
Total Equity and Debt	21 680 000	21 760 000	21 610 000	15 710 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 077 000	981 000	828 000	72 000
Revenue	1 077 000	981 000	828 000	72 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	503 000	286 000	383 000	28 000
Operating Profit	573 000	693 000	444 000	44 000
Financial Income	7 000	3 000	1 000	1 000
Financial Costs	363 000	241 000	269 000	24 000
Financial Balance	−356 000	−238 000	−268 000	−23 000
Dividends	0	0	0	0
Net Income	217 000	456 000	176 000	21 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 450 000	21 450 000	21 450 000	15 600 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 450 000	21 450 000	21 450 000	15 600 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 450 000	21 450 000	21 450 000	15 600 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	194 000	286 000	145 000	102 000
Total Current Assets	230 000	310 000	160 000	110 000
Total Assets	21 680 000	21 760 000	21 610 000	15 710 000
Total Equity	980 000	764 000	308 000	131 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 686 000	20 910 000	21 185 000	15 581 000
Creditors	5 000	3 000	18 000	−2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 000	83 000	100 000	0
Total Current Debt	14 000	86 000	118 000	−2 000
Total Equity and Debt	21 680 000	21 760 000	21 610 000	15 710 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,14 %	59,69 %	57,14 %	16,03 %
Debt-to-Equity Ratio	21,11	27,37	68,78	118,94
Operating Profit Margin	53,2 %	70,64 %	53,62 %	61,11 %
Current Ratio	16,43	3,6	1,36	−55
Quick Ratio	16,43	3,6	1,36	−55
Equity Ratio	0,05	0,04	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %