GRIMSTAD EIENDOMSSELSKAP AS

5252 SØREIDGREND

Finances

Share Ownership

Return on Equity

580,82 %

Current Ratio

1,54

Debt-to-Equity Ratio

68,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 120 000	3 509 000	2 939 000	2 913 000
Net Income	1 423 000	1 490 000	1 406 000	1 575 000
Total Assets	19 113 000	8 698 000	8 239 000	6 960 000
Total Equity	245 000	242 000	232 000	226 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 120 000	3 509 000	2 939 000	2 913 000
Expenditure	1 869 000	1 602 000	1 132 000	1 026 000
Operating Profit	2 251 000	1 907 000	1 808 000	1 888 000
Financial Income	3 000	4 000	2 000	0
Financial Costs	429 000	1 000	7 000	44 000
Financial Balance	−426 000	3 000	−5 000	−44 000
Earnings Before Tax	1 824 000	1 910 000	1 803 000	1 844 000
Tax	402 000	420 000	397 000	269 000
Net Income	1 423 000	1 490 000	1 406 000	1 575 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 942 000	7 391 000	7 108 000	6 119 000
Total Current Assets	3 171 000	1 307 000	1 131 000	841 000
Total Assets	19 113 000	8 698 000	8 239 000	6 960 000
Total Retained Equity	215 000	212 000	202 000	196 000
Total Equity	245 000	242 000	232 000	226 000
Total Long-Term Debt	16 805 000	6 346 000	5 732 000	4 482 000
Total Current Debt	2 063 000	2 110 000	2 275 000	2 252 000
Total Equity and Debt	19 113 000	8 698 000	8 239 000	6 960 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 120 000	3 509 000	2 939 000	2 913 000
Revenue	4 120 000	3 509 000	2 939 000	2 913 000
Cost of Goods Sold	455 000	466 000	260 000	314 000
Salary Costs	0	0	0	0
Depreciation	574 000	308 000	272 000	231 000
Impairment	0	0	0	0
Expenditure	1 869 000	1 602 000	1 132 000	1 026 000
Operating Profit	2 251 000	1 907 000	1 808 000	1 888 000
Financial Income	3 000	4 000	2 000	0
Financial Costs	429 000	1 000	7 000	44 000
Financial Balance	−426 000	3 000	−5 000	−44 000
Dividends	1 420 000	1 480 000	1 400 000	1 550 000
Net Income	1 423 000	1 490 000	1 406 000	1 575 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	158 000	164 000	147 000	138 000
Real Eastate	6 828 000	6 697 000	6 305 000	5 826 000
Machinery and Plant Facilities	8 865 000	447 000	593 000	132 000
Fixtures	91 000	82 000	63 000	23 000
Total Tangible Assets	15 784 000	7 227 000	6 961 000	5 981 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 942 000	7 391 000	7 108 000	6 119 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	70 000	57 000	47 000	23 000
Total Current Assets	3 171 000	1 307 000	1 131 000	841 000
Total Assets	19 113 000	8 698 000	8 239 000	6 960 000
Total Equity	245 000	242 000	232 000	226 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 805 000	6 346 000	5 732 000	4 482 000
Creditors	181 000	93 000	203 000	135 000
Unpaid Taxes	0	34 000	0	31 000
Dividends	1 420 000	1 480 000	1 400 000	1 550 000
Other Current Debt	1 486 000	1 546 000	1 666 000	1 679 000
Total Current Debt	2 063 000	2 110 000	2 275 000	2 252 000
Total Equity and Debt	19 113 000	8 698 000	8 239 000	6 960 000

Financial indicators	2022	2021	2020	2019
Return on Equity	580,82 %	615,7 %	606,03 %	696,9 %
Debt-to-Equity Ratio	68,59	26,22	24,71	19,83
Operating Profit Margin	54,64 %	54,35 %	61,52 %	64,81 %
Current Ratio	1,54	0,62	0,5	0,37
Quick Ratio	1,54	0,62	0,5	0,37
Equity Ratio	0,01	0,03	0,03	0,03
Gross Profit Margin	88,96 %	86,72 %	91,15 %	89,22 %