GRASMYRHAGEN BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

5,95 %

Current Ratio

2,31

Debt-to-Equity Ratio

159,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	828 000	690 000	678 000	26 000
Net Income	11 000	64 000	68 000	−8 000
Total Assets	29 724 000	29 682 000	29 594 000	29 511 000
Total Equity	185 000	174 000	110 000	42 000

Income (NOK)	2022	2021	2020	2019
Revenue	828 000	690 000	678 000	26 000
Expenditure	411 000	362 000	284 000	0
Operating Profit	417 000	328 000	394 000	26 000
Financial Income	1 000	0	0	0
Financial Costs	407 000	264 000	327 000	34 000
Financial Balance	−406 000	−264 000	−327 000	−34 000
Earnings Before Tax	11 000	64 000	68 000	−8 000
Tax	0	0	0	0
Net Income	11 000	64 000	68 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 518 000	29 488 000	29 468 000	29 450 000
Total Current Assets	206 000	194 000	126 000	61 000
Total Assets	29 724 000	29 682 000	29 594 000	29 511 000
Total Retained Equity	135 000	124 000	60 000	−8 000
Total Equity	185 000	174 000	110 000	42 000
Total Long-Term Debt	29 450 000	29 450 000	29 450 000	29 450 000
Total Current Debt	89 000	58 000	34 000	19 000
Total Equity and Debt	29 724 000	29 682 000	29 594 000	29 511 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	828 000	690 000	678 000	26 000
Revenue	828 000	690 000	678 000	26 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	3 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	411 000	362 000	284 000	0
Operating Profit	417 000	328 000	394 000	26 000
Financial Income	1 000	0	0	0
Financial Costs	407 000	264 000	327 000	34 000
Financial Balance	−406 000	−264 000	−327 000	−34 000
Dividends	0	0	0	0
Net Income	11 000	64 000	68 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	29 450 000	29 450 000	29 450 000	29 450 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	29 450 000	29 450 000	29 450 000	29 450 000
Total Fiancial Fixed Assets	68 000	38 000	18 000	0
Total Fixed Assets	29 518 000	29 488 000	29 468 000	29 450 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	147 000	158 000	93 000	35 000
Total Current Assets	206 000	194 000	126 000	61 000
Total Assets	29 724 000	29 682 000	29 594 000	29 511 000
Total Equity	185 000	174 000	110 000	42 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	29 450 000	29 450 000	29 450 000	29 450 000
Creditors	86 000	57 000	33 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 000	2 000	1 000	19 000
Total Current Debt	89 000	58 000	34 000	19 000
Total Equity and Debt	29 724 000	29 682 000	29 594 000	29 511 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,95 %	36,78 %	61,82 %	−19,05 %
Debt-to-Equity Ratio	159,19	169,25	267,73	701,19
Operating Profit Margin	50,36 %	47,54 %	58,11 %	100 %
Current Ratio	2,31	3,34	3,71	3,21
Quick Ratio	2,31	3,34	3,71	3,21
Equity Ratio	0,01	0,01	0	0
Gross Profit Margin	100 %	100 %	100 %	100 %