GRENSESVINGEN 26 AS

0185 OSLO

Finances

Share Ownership

Return on Equity

7,1 %

Current Ratio

0,12

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 516 000	39 583 000	38 410 000	2 151 000
Net Income	17 716 000	16 712 000	14 372 000	1 155 000
Total Assets	425 375 000	436 210 000	451 364 000	480 402 000
Total Equity	249 485 000	246 990 000	243 637 000	239 206 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 516 000	39 583 000	38 410 000	2 151 000
Expenditure	15 249 000	14 916 000	15 475 000	671 000
Operating Profit	26 268 000	24 667 000	22 934 000	1 481 000
Financial Income	0	1 000	0	0
Financial Costs	3 555 000	3 242 000	4 509 000	0
Financial Balance	−3 555 000	−3 241 000	−4 509 000	0
Earnings Before Tax	22 712 000	21 426 000	18 425 000	1 481 000
Tax	4 997 000	4 714 000	4 054 000	326 000
Net Income	17 716 000	16 712 000	14 372 000	1 155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	422 946 000	434 720 000	450 910 000	460 726 000
Total Current Assets	2 430 000	1 490 000	455 000	19 675 000
Total Assets	425 375 000	436 210 000	451 364 000	480 402 000
Total Retained Equity	70 613 000	68 117 000	64 765 000	60 333 000
Total Equity	249 485 000	246 990 000	243 637 000	239 206 000
Total Long-Term Debt	155 789 000	171 878 000	193 935 000	43 342 000
Total Current Debt	20 101 000	17 342 000	13 792 000	197 854 000
Total Equity and Debt	425 375 000	436 210 000	451 364 000	480 402 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 098 000	596 000	0	2 151 000
Other Income	419 000	38 986 000	38 410 000	0
Revenue	41 516 000	39 583 000	38 410 000	2 151 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	11 390 000	11 784 000	11 785 000	665 000
Impairment	0	0	0	0
Expenditure	15 249 000	14 916 000	15 475 000	671 000
Operating Profit	26 268 000	24 667 000	22 934 000	1 481 000
Financial Income	0	1 000	0	0
Financial Costs	3 555 000	3 242 000	4 509 000	0
Financial Balance	−3 555 000	−3 241 000	−4 509 000	0
Dividends	0	0	0	0
Net Income	17 716 000	16 712 000	14 372 000	1 155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 791 000	3 791 000
Real Eastate	421 755 000	432 404 000	443 694 000	454 562 000
Machinery and Plant Facilities	0	288 000	177 000	2 373 000
Fixtures	0	538 000	1 456 000	0
Total Tangible Assets	421 755 000	433 229 000	445 327 000	456 935 000
Total Fiancial Fixed Assets	1 190 000	1 491 000	1 791 000	0
Total Fixed Assets	422 946 000	434 720 000	450 910 000	460 726 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	2 430 000	1 490 000	455 000	19 675 000
Total Assets	425 375 000	436 210 000	451 364 000	480 402 000
Total Equity	249 485 000	246 990 000	243 637 000	239 206 000
Short-Term Group Debt	19 513 000	17 128 000	12 744 000	197 849 000
Total Long-Term Debt	155 789 000	171 878 000	193 935 000	43 342 000
Creditors	588 000	214 000	251 000	6 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	797 000	0
Total Current Debt	20 101 000	17 342 000	13 792 000	197 854 000
Total Equity and Debt	425 375 000	436 210 000	451 364 000	480 402 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,1 %	6,77 %	5,9 %	0,48 %
Debt-to-Equity Ratio	0,62	0,7	0,8	0,18
Operating Profit Margin	63,27 %	62,32 %	59,71 %	68,85 %
Current Ratio	0,12	0,09	0,03	0,1
Quick Ratio	0,12	0,09	0,03	0,1
Equity Ratio	0,59	0,57	0,54	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %