GRØNLANDS PLASS I BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

12,38 %

Current Ratio

6,71

Debt-to-Equity Ratio

1,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 564 000	1 564 000	1 508 000	1 450 000
Net Income	360 000	665 000	622 000	562 000
Total Assets	8 289 000	8 290 000	8 030 000	7 805 000
Total Equity	2 908 000	2 548 000	1 883 000	1 261 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 564 000	1 564 000	1 508 000	1 450 000
Expenditure	1 088 000	816 000	760 000	697 000
Operating Profit	476 000	748 000	747 000	752 000
Financial Income	7 000	1 000	2 000	4 000
Financial Costs	123 000	84 000	127 000	194 000
Financial Balance	−116 000	−83 000	−125 000	−190 000
Earnings Before Tax	360 000	665 000	622 000	562 000
Tax	0	0	0	0
Net Income	360 000	665 000	622 000	562 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 122 000	7 080 000	7 040 000	7 000 000
Total Current Assets	1 167 000	1 210 000	990 000	805 000
Total Assets	8 289 000	8 290 000	8 030 000	7 805 000
Total Retained Equity	2 906 000	2 545 000	1 881 000	1 259 000
Total Equity	2 908 000	2 548 000	1 883 000	1 261 000
Total Long-Term Debt	5 206 000	5 640 000	6 083 000	6 481 000
Total Current Debt	174 000	102 000	64 000	63 000
Total Equity and Debt	8 289 000	8 290 000	8 030 000	7 805 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 564 000	1 564 000	1 508 000	1 450 000
Revenue	1 564 000	1 564 000	1 508 000	1 450 000
Cost of Goods Sold	0	0	0	0
Salary Costs	64 000	58 000	58 000	58 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 088 000	816 000	760 000	697 000
Operating Profit	476 000	748 000	747 000	752 000
Financial Income	7 000	1 000	2 000	4 000
Financial Costs	123 000	84 000	127 000	194 000
Financial Balance	−116 000	−83 000	−125 000	−190 000
Dividends	0	0	0	0
Net Income	360 000	665 000	622 000	562 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 516 000	6 524 000	6 533 000	6 541 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 516 000	6 524 000	6 533 000	6 541 000
Total Fiancial Fixed Assets	606 000	556 000	507 000	459 000
Total Fixed Assets	7 122 000	7 080 000	7 040 000	7 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 062 000	1 100 000	895 000	715 000
Total Current Assets	1 167 000	1 210 000	990 000	805 000
Total Assets	8 289 000	8 290 000	8 030 000	7 805 000
Total Equity	2 908 000	2 548 000	1 883 000	1 261 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 206 000	5 640 000	6 083 000	6 481 000
Creditors	168 000	102 000	59 000	62 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 000	0	5 000	1 000
Total Current Debt	174 000	102 000	64 000	63 000
Total Equity and Debt	8 289 000	8 290 000	8 030 000	7 805 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,38 %	26,1 %	33,03 %	44,57 %
Debt-to-Equity Ratio	1,79	2,21	3,23	5,14
Operating Profit Margin	30,43 %	47,83 %	49,54 %	51,86 %
Current Ratio	6,71	11,86	15,47	12,78
Quick Ratio	6,71	11,86	15,47	12,78
Equity Ratio	0,35	0,31	0,23	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %