GRESSVIK PROPERTIES AS

1604 FREDRIKSTAD

Finances

Return on Equity

9,1 %

Current Ratio

3,2

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020
Revenue	3 060 000	2 249 000	876 000
Net Income	11 970 000	8 000	1 103 000
Total Assets	314 873 000	196 678 000	76 471 000
Total Equity	131 519 000	69 549 000	29 541 000

Income (NOK)	2022	2021	2020
Revenue	3 060 000	2 249 000	876 000
Expenditure	3 995 000	2 429 000	508 000
Operating Profit	−935 000	−180 000	369 000
Financial Income	20 142 000	2 190 000	1 561 000
Financial Costs	7 668 000	1 999 000	515 000
Financial Balance	12 474 000	191 000	1 046 000
Earnings Before Tax	11 539 000	11 000	1 415 000
Tax	−431 000	3 000	311 000
Net Income	11 970 000	8 000	1 103 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	291 358 000	188 858 000	72 476 000
Total Current Assets	23 515 000	7 820 000	3 995 000
Total Assets	314 873 000	196 678 000	76 471 000
Total Retained Equity	14 535 000	2 564 000	2 557 000
Total Equity	131 519 000	69 549 000	29 541 000
Total Long-Term Debt	176 000 000	122 196 000	43 493 000
Total Current Debt	7 354 000	4 933 000	3 436 000
Total Equity and Debt	314 873 000	196 678 000	76 471 000

Cash flow (NOK)	2022	2021	2020
Sales Income	871 000	0	0
Other Income	2 189 000	2 249 000	876 000
Revenue	3 060 000	2 249 000	876 000
Cost of Goods Sold	0	0	0
Salary Costs	903 000	0	0
Depreciation	568 000	448 000	197 000
Impairment	0	0	0
Expenditure	3 995 000	2 429 000	508 000
Operating Profit	−935 000	−180 000	369 000
Financial Income	20 142 000	2 190 000	1 561 000
Financial Costs	7 668 000	1 999 000	515 000
Financial Balance	12 474 000	191 000	1 046 000
Dividends	0	0	0
Net Income	11 970 000	8 000	1 103 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	385 000	0	0
Real Eastate	28 515 000	29 059 000	21 306 000
Machinery and Plant Facilities	0	0	0
Fixtures	25 000	0	0
Total Tangible Assets	28 540 000	29 059 000	21 306 000
Total Fiancial Fixed Assets	262 434 000	159 799 000	51 170 000
Total Fixed Assets	291 358 000	188 858 000	72 476 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 525 000	93 000	2 404 000
Total Current Assets	23 515 000	7 820 000	3 995 000
Total Assets	314 873 000	196 678 000	76 471 000
Total Equity	131 519 000	69 549 000	29 541 000
Short-Term Group Debt	6 841 000	4 316 000	3 050 000
Total Long-Term Debt	176 000 000	122 196 000	43 493 000
Creditors	40 000	399 000	61 000
Unpaid Taxes	51 000	0	0
Dividends	0	0	0
Other Current Debt	422 000	218 000	58 000
Total Current Debt	7 354 000	4 933 000	3 436 000
Total Equity and Debt	314 873 000	196 678 000	76 471 000

Financial indicators	2022	2021	2020
Return on Equity	9,1 %	0,01 %	3,73 %
Debt-to-Equity Ratio	1,34	1,76	1,47
Operating Profit Margin	−30,56 %	−8 %	42,12 %
Current Ratio	3,2	1,59	1,16
Quick Ratio	3,2	1,59	1,16
Equity Ratio	0,42	0,35	0,39
Gross Profit Margin	100 %	100 %	100 %