GRIMENESET AS

5640 EIKELANDSOSEN

Finances

Share Ownership

Return on Equity

−11,08 %

Current Ratio

3,39

Debt-to-Equity Ratio

1,43

Key figures (NOK)	2022	2021	2020
Revenue	403 000	233 000	10 000
Net Income	−372 000	−345 000	−27 000
Total Assets	8 239 000	7 734 000	7 185 000
Total Equity	3 357 000	3 729 000	4 074 000

Income (NOK)	2022	2021	2020
Revenue	403 000	233 000	10 000
Expenditure	1 057 000	644 000	38 000
Operating Profit	−654 000	−411 000	−28 000
Financial Income	5 000	0	0
Financial Costs	0	31 000	6 000
Financial Balance	5 000	−31 000	−6 000
Earnings Before Tax	−649 000	−442 000	−35 000
Tax	−277 000	−97 000	−8 000
Net Income	−372 000	−345 000	−27 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	7 944 000	7 503 000	6 982 000
Total Current Assets	295 000	232 000	203 000
Total Assets	8 239 000	7 734 000	7 185 000
Total Retained Equity	583 000	955 000	1 300 000
Total Equity	3 357 000	3 729 000	4 074 000
Total Long-Term Debt	4 795 000	4 072 000	3 051 000
Total Current Debt	87 000	−66 000	61 000
Total Equity and Debt	8 239 000	7 734 000	7 185 000

Cash flow (NOK)	2022	2021	2020
Sales Income	187 000	80 000	0
Other Income	216 000	153 000	10 000
Revenue	403 000	233 000	10 000
Cost of Goods Sold	19 000	0	0
Salary Costs	0	0	0
Depreciation	421 000	285 000	18 000
Impairment	0	0	0
Expenditure	1 057 000	644 000	38 000
Operating Profit	−654 000	−411 000	−28 000
Financial Income	5 000	0	0
Financial Costs	0	31 000	6 000
Financial Balance	5 000	−31 000	−6 000
Dividends	0	0	0
Net Income	−372 000	−345 000	−27 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	7 014 000	6 860 000	6 982 000
Machinery and Plant Facilities	441 000	566 000	0
Fixtures	489 000	76 000	0
Total Tangible Assets	7 944 000	7 503 000	6 982 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	7 944 000	7 503 000	6 982 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	177 000	195 000	64 000
Total Current Assets	295 000	232 000	203 000
Total Assets	8 239 000	7 734 000	7 185 000
Total Equity	3 357 000	3 729 000	4 074 000
Short-Term Group Debt	0	0	50 000
Total Long-Term Debt	4 795 000	4 072 000	3 051 000
Creditors	65 000	21 000	7 000
Unpaid Taxes	2 000	−100 000	−3 000
Dividends	0	0	0
Other Current Debt	21 000	13 000	6 000
Total Current Debt	87 000	−66 000	61 000
Total Equity and Debt	8 239 000	7 734 000	7 185 000

Financial indicators	2022	2021	2020
Return on Equity	−11,08 %	−9,25 %	−0,66 %
Debt-to-Equity Ratio	1,43	1,09	0,75
Operating Profit Margin	−162,28 %	−176,39 %	−280 %
Current Ratio	3,39	−3,52	3,33
Quick Ratio	3,39	−3,52	3,33
Equity Ratio	0,41	0,48	0,57
Gross Profit Margin	95,29 %	100 %	100 %