GRAND TERRASSE AS

1617 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−45,4 %

Current Ratio

5,38

Debt-to-Equity Ratio

10,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	456 000	312 000	0	0
Net Income	−764 000	−596 000	−257 000	0
Total Assets	21 178 000	20 108 000	10 064 000	309 000
Total Equity	1 683 000	2 447 000	3 043 000	300 000

Income (NOK)	2022	2021	2020
Revenue	456 000	312 000	0
Expenditure	453 000	419 000	81 000
Operating Profit	3 000	−108 000	−81 000
Financial Income	0	0	0
Financial Costs	767 000	488 000	176 000
Financial Balance	−767 000	−488 000	−176 000
Earnings Before Tax	−764 000	−596 000	−257 000
Tax	0	0	0
Net Income	−764 000	−596 000	−257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 441 000	10 637 000	0	0
Total Current Assets	10 737 000	9 470 000	10 064 000	309 000
Total Assets	21 178 000	20 108 000	10 064 000	309 000
Total Retained Equity	−1 617 000	−853 000	−257 000	0
Total Equity	1 683 000	2 447 000	3 043 000	300 000
Total Long-Term Debt	17 500 000	17 500 000	7 000 000	0
Total Current Debt	1 996 000	161 000	21 000	9 000
Total Equity and Debt	21 178 000	20 108 000	10 064 000	309 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	456 000	312 000	0
Revenue	456 000	312 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	196 000	163 000	0
Impairment	0	0	0
Expenditure	453 000	419 000	81 000
Operating Profit	3 000	−108 000	−81 000
Financial Income	0	0	0
Financial Costs	767 000	488 000	176 000
Financial Balance	−767 000	−488 000	−176 000
Dividends	0	0	0
Net Income	−764 000	−596 000	−257 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 441 000	10 637 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 441 000	10 637 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 441 000	10 637 000	0	0
Stock	10 551 000	8 424 000	8 119 000	0
Total Investments	0	0	0	0
Cash, Bank	118 000	1 004 000	1 941 000	309 000
Total Current Assets	10 737 000	9 470 000	10 064 000	309 000
Total Assets	21 178 000	20 108 000	10 064 000	309 000
Total Equity	1 683 000	2 447 000	3 043 000	300 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 500 000	17 500 000	7 000 000	0
Creditors	308 000	72 000	13 000	2 000
Unpaid Taxes	2 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 686 000	89 000	7 000	7 000
Total Current Debt	1 996 000	161 000	21 000	9 000
Total Equity and Debt	21 178 000	20 108 000	10 064 000	309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,4 %	−24,36 %	−8,45 %	0 %
Debt-to-Equity Ratio	10,4	7,15	2,3	0
Operating Profit Margin	0,66 %	−34,62 %	-	-
Current Ratio	5,38	58,82	479,24	34,33
Quick Ratio	−1,26	−1,15	−1,24	34,33
Equity Ratio	0,08	0,12	0,3	0,97
Gross Profit Margin	100 %	100 %	-	-