GREVE HERMAN WEDEL AS

4012 STAVANGER

Finances

Share Ownership

Return on Equity

85,98 %

Current Ratio

0,33

Debt-to-Equity Ratio

−170,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	116 000	112 000	6 000	0
Net Income	−877 000	−204 000	−57 000	−7 000
Total Assets	189 772 000	177 412 000	165 274 000	339 000
Total Equity	−1 020 000	−143 000	60 000	117 000

Income (NOK)	2022	2021	2020	2019
Revenue	116 000	112 000	6 000	0
Expenditure	1 018 000	315 000	63 000	7 000
Operating Profit	−902 000	−202 000	−57 000	−7 000
Financial Income	26 000	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	25 000	−1 000	0	0
Earnings Before Tax	−877 000	−204 000	−57 000	−7 000
Tax	0	0	0	0
Net Income	−877 000	−204 000	−57 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	184 136 000	174 115 000	162 186 000	313 000
Total Current Assets	5 636 000	3 298 000	3 089 000	26 000
Total Assets	189 772 000	177 412 000	165 274 000	339 000
Total Retained Equity	−1 120 000	−243 000	−57 000	0
Total Equity	−1 020 000	−143 000	60 000	117 000
Total Long-Term Debt	173 748 000	160 969 000	164 366 000	0
Total Current Debt	17 044 000	16 587 000	848 000	221 000
Total Equity and Debt	189 772 000	177 412 000	165 274 000	339 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	116 000	112 000	6 000	0
Revenue	116 000	112 000	6 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 018 000	315 000	63 000	7 000
Operating Profit	−902 000	−202 000	−57 000	−7 000
Financial Income	26 000	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	25 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−877 000	−204 000	−57 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	184 136 000	174 115 000	162 186 000	313 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	184 136 000	174 115 000	162 186 000	313 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	184 136 000	174 115 000	162 186 000	313 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 525 000	3 297 000	3 047 000	26 000
Total Current Assets	5 636 000	3 298 000	3 089 000	26 000
Total Assets	189 772 000	177 412 000	165 274 000	339 000
Total Equity	−1 020 000	−143 000	60 000	117 000
Short-Term Group Debt	0	0	0	65 000
Total Long-Term Debt	173 748 000	160 969 000	164 366 000	0
Creditors	394 000	1 187 000	654 000	156 000
Unpaid Taxes	0	0	8 000	0
Dividends	0	0	0	0
Other Current Debt	16 650 000	15 400 000	186 000	0
Total Current Debt	17 044 000	16 587 000	848 000	221 000
Total Equity and Debt	189 772 000	177 412 000	165 274 000	339 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,98 %	142,66 %	−95 %	−5,98 %
Debt-to-Equity Ratio	−170,34	−1 125,66	2 739,43	0
Operating Profit Margin	−777,59 %	−180,36 %	−950 %	-
Current Ratio	0,33	0,2	3,64	0,12
Quick Ratio	0,33	0,2	3,64	0,12
Equity Ratio	−0,01	−0	0	0,35
Gross Profit Margin	100 %	100 %	100 %	-