GRUNNOLA AS

7083 LEINSTRAND

Finances

Share Ownership

Return on Equity

66,23 %

Current Ratio

0,74

Debt-to-Equity Ratio

12,55

Key figures (NOK)	2022	2021	2020
Revenue	327 000	305 000	174 000
Net Income	100 000	63 000	34 000
Total Assets	2 268 000	2 262 000	2 289 000
Total Equity	151 000	24 000	22 000

Income (NOK)	2022	2021	2020
Revenue	327 000	305 000	174 000
Expenditure	170 000	225 000	130 000
Operating Profit	157 000	80 000	44 000
Financial Income	0	0	0
Financial Costs	21 000	0	0
Financial Balance	−21 000	0	0
Earnings Before Tax	136 000	80 000	44 000
Tax	36 000	17 000	10 000
Net Income	100 000	63 000	34 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 105 000	2 143 000	2 143 000
Total Current Assets	163 000	119 000	146 000
Total Assets	2 268 000	2 262 000	2 289 000
Total Retained Equity	131 000	4 000	2 000
Total Equity	151 000	24 000	22 000
Total Long-Term Debt	1 895 000	2 010 000	2 154 000
Total Current Debt	221 000	228 000	113 000
Total Equity and Debt	2 268 000	2 262 000	2 289 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	327 000	305 000	174 000
Revenue	327 000	305 000	174 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	38 000	0	11 000
Impairment	0	0	0
Expenditure	170 000	225 000	130 000
Operating Profit	157 000	80 000	44 000
Financial Income	0	0	0
Financial Costs	21 000	0	0
Financial Balance	−21 000	0	0
Dividends	0	0	0
Net Income	100 000	63 000	34 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	2 105 000	2 143 000	2 143 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	2 105 000	2 143 000	2 143 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 105 000	2 143 000	2 143 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	93 000	100 000	4 000
Total Current Assets	163 000	119 000	146 000
Total Assets	2 268 000	2 262 000	2 289 000
Total Equity	151 000	24 000	22 000
Short-Term Group Debt	125 000	125 000	42 000
Total Long-Term Debt	1 895 000	2 010 000	2 154 000
Creditors	5 000	6 000	8 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	84 000	97 000	63 000
Total Current Debt	221 000	228 000	113 000
Total Equity and Debt	2 268 000	2 262 000	2 289 000

Financial indicators	2022	2021	2020
Return on Equity	66,23 %	262,5 %	154,55 %
Debt-to-Equity Ratio	12,55	83,75	97,91
Operating Profit Margin	48,01 %	26,23 %	25,29 %
Current Ratio	0,74	0,52	1,29
Quick Ratio	0,74	0,52	1,29
Equity Ratio	0,07	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %