GRINILIA EIENDOM AS

3916 PORSGRUNN

Finances

Return on Equity

13,91 %

Current Ratio

1,93

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	436 000	1 231 000	478 000	511 000
Net Income	123 000	1 035 000	−14 000	−35 000
Total Assets	1 692 000	2 219 000	2 346 000	2 513 000
Total Equity	884 000	988 000	616 000	698 000

Income (NOK)	2022	2021	2020	2019
Revenue	436 000	1 231 000	478 000	511 000
Expenditure	276 000	−41 000	418 000	477 000
Operating Profit	160 000	1 273 000	60 000	34 000
Financial Income	9 000	0	0	1 000
Financial Costs	13 000	34 000	55 000	57 000
Financial Balance	−4 000	−34 000	−55 000	−56 000
Earnings Before Tax	155 000	1 239 000	6 000	−22 000
Tax	32 000	205 000	19 000	13 000
Net Income	123 000	1 035 000	−14 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	935 000	820 000	2 103 000	2 144 000
Total Current Assets	758 000	1 399 000	244 000	369 000
Total Assets	1 692 000	2 219 000	2 346 000	2 513 000
Total Retained Equity	83 000	187 000	−185 000	−103 000
Total Equity	884 000	988 000	616 000	698 000
Total Long-Term Debt	415 000	474 000	1 556 000	1 661 000
Total Current Debt	393 000	756 000	174 000	154 000
Total Equity and Debt	1 692 000	2 219 000	2 346 000	2 513 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	436 000	1 231 000	478 000	511 000
Revenue	436 000	1 231 000	478 000	511 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	41 000
Depreciation	4 000	−486 000	41 000	44 000
Impairment	0	0	0	0
Expenditure	276 000	−41 000	418 000	477 000
Operating Profit	160 000	1 273 000	60 000	34 000
Financial Income	9 000	0	0	1 000
Financial Costs	13 000	34 000	55 000	57 000
Financial Balance	−4 000	−34 000	−55 000	−56 000
Dividends	160 000	600 000	0	0
Net Income	123 000	1 035 000	−14 000	−35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	933 000	810 000	2 088 000	2 125 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	10 000	15 000	19 000
Total Tangible Assets	935 000	820 000	2 103 000	2 144 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	935 000	820 000	2 103 000	2 144 000
Stock	0	0	0	0
Total Investments	270 000	188 000	0	0
Cash, Bank	435 000	1 160 000	229 000	369 000
Total Current Assets	758 000	1 399 000	244 000	369 000
Total Assets	1 692 000	2 219 000	2 346 000	2 513 000
Total Equity	884 000	988 000	616 000	698 000
Short-Term Group Debt	86 000	80 000	88 000	60 000
Total Long-Term Debt	415 000	474 000	1 556 000	1 661 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	2 000
Dividends	160 000	600 000	0	0
Other Current Debt	98 000	66 000	86 000	92 000
Total Current Debt	393 000	756 000	174 000	154 000
Total Equity and Debt	1 692 000	2 219 000	2 346 000	2 513 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,91 %	104,76 %	−2,27 %	−5,01 %
Debt-to-Equity Ratio	0,47	0,48	2,53	2,38
Operating Profit Margin	36,7 %	103,41 %	12,55 %	6,65 %
Current Ratio	1,93	1,85	1,4	2,4
Quick Ratio	1,93	1,85	1,4	2,4
Equity Ratio	0,52	0,45	0,26	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %