GRASÅSEN BORETTSLAG

4836 ARENDAL

Finances

Share Ownership

Return on Equity

6,66 %

Current Ratio

2,62

Debt-to-Equity Ratio

5,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 709 000	13 221 000	13 232 000	12 662 000
Net Income	1 301 000	1 998 000	2 866 000	2 390 000
Total Assets	124 420 000	124 926 000	124 408 000	123 460 000
Total Equity	19 533 000	18 232 000	16 234 000	13 368 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 709 000	13 221 000	13 232 000	12 662 000
Expenditure	9 151 000	8 160 000	7 017 000	6 793 000
Operating Profit	4 558 000	5 061 000	6 215 000	5 869 000
Financial Income	58 000	6 000	10 000	38 000
Financial Costs	3 315 000	3 069 000	3 359 000	3 517 000
Financial Balance	−3 257 000	−3 063 000	−3 349 000	−3 479 000
Earnings Before Tax	1 301 000	1 998 000	2 866 000	2 390 000
Tax	0	0	0	0
Net Income	1 301 000	1 998 000	2 866 000	2 390 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	118 813 000	119 048 000	119 283 000	119 518 000
Total Current Assets	5 606 000	5 877 000	5 125 000	3 942 000
Total Assets	124 420 000	124 926 000	124 408 000	123 460 000
Total Retained Equity	19 512 000	18 211 000	16 213 000	13 348 000
Total Equity	19 533 000	18 232 000	16 234 000	13 368 000
Total Long-Term Debt	102 749 000	104 749 000	106 749 000	108 749 000
Total Current Debt	2 138 000	1 945 000	1 426 000	1 343 000
Total Equity and Debt	124 420 000	124 926 000	124 408 000	123 460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	13 709 000	13 221 000	13 232 000	12 662 000
Revenue	13 709 000	13 221 000	13 232 000	12 662 000
Cost of Goods Sold	0	0	0	0
Salary Costs	817 000	668 000	861 000	839 000
Depreciation	235 000	235 000	235 000	235 000
Impairment	0	0	0	0
Expenditure	9 151 000	8 160 000	7 017 000	6 793 000
Operating Profit	4 558 000	5 061 000	6 215 000	5 869 000
Financial Income	58 000	6 000	10 000	38 000
Financial Costs	3 315 000	3 069 000	3 359 000	3 517 000
Financial Balance	−3 257 000	−3 063 000	−3 349 000	−3 479 000
Dividends	0	0	0	0
Net Income	1 301 000	1 998 000	2 866 000	2 390 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	118 253 000	118 253 000	118 253 000	118 253 000
Machinery and Plant Facilities	560 000	795 000	1 030 000	1 265 000
Fixtures	0	0	0	0
Total Tangible Assets	118 813 000	119 048 000	119 283 000	119 518 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	118 813 000	119 048 000	119 283 000	119 518 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 559 000	4 717 000	4 305 000	2 983 000
Total Current Assets	5 606 000	5 877 000	5 125 000	3 942 000
Total Assets	124 420 000	124 926 000	124 408 000	123 460 000
Total Equity	19 533 000	18 232 000	16 234 000	13 368 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	102 749 000	104 749 000	106 749 000	108 749 000
Creditors	1 222 000	1 106 000	598 000	519 000
Unpaid Taxes	28 000	36 000	0	0
Dividends	0	0	0	0
Other Current Debt	888 000	803 000	827 000	824 000
Total Current Debt	2 138 000	1 945 000	1 426 000	1 343 000
Total Equity and Debt	124 420 000	124 926 000	124 408 000	123 460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,66 %	10,96 %	17,65 %	17,88 %
Debt-to-Equity Ratio	5,26	5,75	6,58	8,14
Operating Profit Margin	33,25 %	38,28 %	46,97 %	46,35 %
Current Ratio	2,62	3,02	3,59	2,94
Quick Ratio	2,62	3,02	3,59	2,94
Equity Ratio	0,16	0,15	0,13	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %