GRINDE EIENDOM AS

4021 STAVANGER

Finances

Return on Equity

14,43 %

Current Ratio

581,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	228 000	228 000	203 000	144 000
Net Income	5 681 000	2 452 000	2 387 000	1 902 000
Total Assets	39 435 000	33 720 000	31 360 000	31 924 000
Total Equity	39 380 000	33 698 000	31 246 000	28 860 000

Income (NOK)	2022	2021	2020	2019
Revenue	228 000	228 000	203 000	144 000
Expenditure	173 000	92 000	168 000	121 000
Operating Profit	55 000	136 000	35 000	23 000
Financial Income	5 853 000	2 782 000	2 517 000	1 944 000
Financial Costs	196 000	456 000	85 000	9 000
Financial Balance	5 657 000	2 326 000	2 432 000	1 935 000
Earnings Before Tax	5 712 000	2 462 000	2 467 000	1 958 000
Tax	30 000	11 000	81 000	55 000
Net Income	5 681 000	2 452 000	2 387 000	1 902 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 865 000	6 865 000	5 356 000	5 356 000
Total Current Assets	32 570 000	26 855 000	26 004 000	26 568 000
Total Assets	39 435 000	33 720 000	31 360 000	31 924 000
Total Retained Equity	35 743 000	30 061 000	27 610 000	25 223 000
Total Equity	39 380 000	33 698 000	31 246 000	28 860 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	56 000	22 000	114 000	3 065 000
Total Equity and Debt	39 435 000	33 720 000	31 360 000	31 924 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	228 000	228 000	203 000	144 000
Revenue	228 000	228 000	203 000	144 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	173 000	92 000	168 000	121 000
Operating Profit	55 000	136 000	35 000	23 000
Financial Income	5 853 000	2 782 000	2 517 000	1 944 000
Financial Costs	196 000	456 000	85 000	9 000
Financial Balance	5 657 000	2 326 000	2 432 000	1 935 000
Dividends	0	0	0	3 000 000
Net Income	5 681 000	2 452 000	2 387 000	1 902 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 356 000	1 356 000	1 356 000	1 356 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 356 000	1 356 000	1 356 000	1 356 000
Total Fiancial Fixed Assets	5 509 000	5 509 000	4 000 000	4 000 000
Total Fixed Assets	6 865 000	6 865 000	5 356 000	5 356 000
Stock	0	0	0	0
Total Investments	18 376 000	16 705 000	9 200 000	19 811 000
Cash, Bank	14 175 000	10 110 000	16 764 000	6 717 000
Total Current Assets	32 570 000	26 855 000	26 004 000	26 568 000
Total Assets	39 435 000	33 720 000	31 360 000	31 924 000
Total Equity	39 380 000	33 698 000	31 246 000	28 860 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	3 000 000
Other Current Debt	25 000	11 000	33 000	10 000
Total Current Debt	56 000	22 000	114 000	3 065 000
Total Equity and Debt	39 435 000	33 720 000	31 360 000	31 924 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,43 %	7,28 %	7,64 %	6,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,12 %	59,65 %	17,24 %	15,97 %
Current Ratio	581,61	1 220,68	228,11	8,67
Quick Ratio	581,61	1 220,68	228,11	8,67
Equity Ratio	1	1	1	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %