GRØNLANDS PLASS III BORETTSLAG

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

−23,69 %

Current Ratio

15,49

Debt-to-Equity Ratio

−5,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	761 000	710 000	710 000	607 000
Net Income	113 000	186 000	−867 000	151 000
Total Assets	2 000 000	2 061 000	2 065 000	1 771 000
Total Equity	−477 000	−590 000	−776 000	91 000

Income (NOK)	2022	2021	2020	2019
Revenue	761 000	710 000	710 000	607 000
Expenditure	576 000	469 000	1 525 000	412 000
Operating Profit	185 000	241 000	−816 000	194 000
Financial Income	5 000	2 000	3 000	3 000
Financial Costs	77 000	57 000	53 000	46 000
Financial Balance	−72 000	−55 000	−50 000	−43 000
Earnings Before Tax	113 000	186 000	−867 000	151 000
Tax	0	0	0	0
Net Income	113 000	186 000	−867 000	151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 458 000	1 404 000	1 353 000	1 302 000
Total Current Assets	542 000	657 000	711 000	469 000
Total Assets	2 000 000	2 061 000	2 065 000	1 771 000
Total Retained Equity	−478 000	−591 000	−777 000	89 000
Total Equity	−477 000	−590 000	−776 000	91 000
Total Long-Term Debt	2 442 000	2 583 000	2 733 000	1 613 000
Total Current Debt	35 000	68 000	107 000	67 000
Total Equity and Debt	2 000 000	2 061 000	2 065 000	1 771 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	761 000	710 000	710 000	607 000
Revenue	761 000	710 000	710 000	607 000
Cost of Goods Sold	0	0	0	0
Salary Costs	43 000	43 000	43 000	43 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	576 000	469 000	1 525 000	412 000
Operating Profit	185 000	241 000	−816 000	194 000
Financial Income	5 000	2 000	3 000	3 000
Financial Costs	77 000	57 000	53 000	46 000
Financial Balance	−72 000	−55 000	−50 000	−43 000
Dividends	0	0	0	0
Net Income	113 000	186 000	−867 000	151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	801 000	801 000	801 000	801 000
Machinery and Plant Facilities	21 000	24 000	27 000	30 000
Fixtures	0	0	0	0
Total Tangible Assets	821 000	825 000	828 000	831 000
Total Fiancial Fixed Assets	636 000	580 000	525 000	471 000
Total Fixed Assets	1 458 000	1 404 000	1 353 000	1 302 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	455 000	570 000	587 000	403 000
Total Current Assets	542 000	657 000	711 000	469 000
Total Assets	2 000 000	2 061 000	2 065 000	1 771 000
Total Equity	−477 000	−590 000	−776 000	91 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 442 000	2 583 000	2 733 000	1 613 000
Creditors	34 000	67 000	107 000	67 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	0	0	0
Total Current Debt	35 000	68 000	107 000	67 000
Total Equity and Debt	2 000 000	2 061 000	2 065 000	1 771 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,69 %	−31,53 %	111,73 %	165,93 %
Debt-to-Equity Ratio	−5,12	−4,38	−3,52	17,73
Operating Profit Margin	24,31 %	33,94 %	−114,93 %	31,96 %
Current Ratio	15,49	9,66	6,64	7
Quick Ratio	15,49	9,66	6,64	7
Equity Ratio	−0,24	−0,29	−0,38	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %