GRØNDALEN BORETTSLAG

2414 ELVERUM

Finances

Share Ownership

Return on Equity

−27,17 %

Current Ratio

38,29

Debt-to-Equity Ratio

−9,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 638 000	3 639 000	3 632 000	3 493 000
Net Income	560 000	1 375 000	1 482 000	502 000
Total Assets	17 731 000	17 698 000	17 233 000	16 451 000
Total Equity	−2 061 000	−2 621 000	−3 996 000	−5 478 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 638 000	3 639 000	3 632 000	3 493 000
Expenditure	2 679 000	1 991 000	1 800 000	2 555 000
Operating Profit	960 000	1 647 000	1 832 000	938 000
Financial Income	24 000	4 000	7 000	13 000
Financial Costs	424 000	277 000	357 000	448 000
Financial Balance	−400 000	−273 000	−350 000	−435 000
Earnings Before Tax	560 000	1 375 000	1 482 000	502 000
Tax	0	0	0	0
Net Income	560 000	1 375 000	1 482 000	502 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 514 000	14 460 000	14 460 000	14 460 000
Total Current Assets	3 216 000	3 238 000	2 774 000	1 991 000
Total Assets	17 731 000	17 698 000	17 233 000	16 451 000
Total Retained Equity	−2 066 000	−2 626 000	−4 001 000	−5 483 000
Total Equity	−2 061 000	−2 621 000	−3 996 000	−5 478 000
Total Long-Term Debt	19 708 000	20 300 000	20 990 000	21 637 000
Total Current Debt	84 000	18 000	239 000	292 000
Total Equity and Debt	17 731 000	17 698 000	17 233 000	16 451 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 638 000	3 639 000	3 632 000	3 493 000
Revenue	3 638 000	3 639 000	3 632 000	3 493 000
Cost of Goods Sold	0	0	0	0
Salary Costs	157 000	161 000	157 000	149 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 679 000	1 991 000	1 800 000	2 555 000
Operating Profit	960 000	1 647 000	1 832 000	938 000
Financial Income	24 000	4 000	7 000	13 000
Financial Costs	424 000	277 000	357 000	448 000
Financial Balance	−400 000	−273 000	−350 000	−435 000
Dividends	0	0	0	0
Net Income	560 000	1 375 000	1 482 000	502 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 053 000	13 053 000	13 053 000	13 053 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 381 000	1 381 000	1 381 000	1 381 000
Total Tangible Assets	14 434 000	14 434 000	14 434 000	14 434 000
Total Fiancial Fixed Assets	80 000	26 000	26 000	26 000
Total Fixed Assets	14 514 000	14 460 000	14 460 000	14 460 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 216 000	3 238 000	2 553 000	1 742 000
Total Current Assets	3 216 000	3 238 000	2 774 000	1 991 000
Total Assets	17 731 000	17 698 000	17 233 000	16 451 000
Total Equity	−2 061 000	−2 621 000	−3 996 000	−5 478 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 708 000	20 300 000	20 990 000	21 637 000
Creditors	69 000	9 000	218 000	289 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 000	7 000	19 000	0
Total Current Debt	84 000	18 000	239 000	292 000
Total Equity and Debt	17 731 000	17 698 000	17 233 000	16 451 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,17 %	−52,46 %	−37,09 %	−9,16 %
Debt-to-Equity Ratio	−9,56	−7,75	−5,25	−3,95
Operating Profit Margin	26,39 %	45,26 %	50,44 %	26,85 %
Current Ratio	38,29	179,89	11,61	6,82
Quick Ratio	38,29	179,89	11,61	6,82
Equity Ratio	−0,12	−0,15	−0,23	−0,33
Gross Profit Margin	100 %	100 %	100 %	100 %