GRØNHAUGEN AS

6062 BRANDAL

Finances

Return on Equity

19,97 %

Current Ratio

16,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	0	50 000
Net Income	14 266 000	−35 000	7 000
Total Assets	74 239 000	71 000	32 000
Total Equity	71 450 000	67 000	32 000

Income (NOK)	2022	2021	2020
Revenue	0	0	50 000
Expenditure	704 000	44 000	42 000
Operating Profit	−703 000	−44 000	8 000
Financial Income	15 222 000	0	0
Financial Costs	76 000	0	0
Financial Balance	15 146 000	0	0
Earnings Before Tax	14 442 000	−44 000	8 000
Tax	177 000	−10 000	0
Net Income	14 266 000	−35 000	7 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	27 130 000	10 000	0
Total Current Assets	47 109 000	61 000	32 000
Total Assets	74 239 000	71 000	32 000
Total Retained Equity	70 775 000	−27 000	7 000
Total Equity	71 450 000	67 000	32 000
Total Long-Term Debt	0	0	0
Total Current Debt	2 789 000	4 000	0
Total Equity and Debt	74 239 000	71 000	32 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	50 000
Revenue	0	0	50 000
Cost of Goods Sold	0	0	0
Salary Costs	142 000	9 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	704 000	44 000	42 000
Operating Profit	−703 000	−44 000	8 000
Financial Income	15 222 000	0	0
Financial Costs	76 000	0	0
Financial Balance	15 146 000	0	0
Dividends	0	0	0
Net Income	14 266 000	−35 000	7 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	10 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	27 130 000	0	0
Total Fixed Assets	27 130 000	10 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	47 109 000	61 000	24 000
Total Current Assets	47 109 000	61 000	32 000
Total Assets	74 239 000	71 000	32 000
Total Equity	71 450 000	67 000	32 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	18 000	4 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	2 770 000	0	0
Total Current Debt	2 789 000	4 000	0
Total Equity and Debt	74 239 000	71 000	32 000

Financial indicators	2022	2021	2020
Return on Equity	19,97 %	−52,24 %	21,88 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	-	-	16 %
Current Ratio	16,89	15,25	-
Quick Ratio	16,89	15,25	-
Equity Ratio	0,96	0,94	1
Gross Profit Margin	-	-	100 %