GRINDENE BORETTSLAG

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

137,86 %

Current Ratio

9,9

Debt-to-Equity Ratio

31,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 915 000	1 837 000	1 705 000	1 664 000
Net Income	863 000	191 000	−2 123 000	654 000
Total Assets	20 421 000	20 059 000	20 851 000	20 013 000
Total Equity	626 000	−237 000	−429 000	1 694 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 915 000	1 837 000	1 705 000	1 664 000
Expenditure	672 000	1 369 000	3 511 000	679 000
Operating Profit	1 243 000	468 000	−1 806 000	986 000
Financial Income	11 000	0	2 000	6 000
Financial Costs	391 000	277 000	319 000	337 000
Financial Balance	−380 000	−277 000	−317 000	−331 000
Earnings Before Tax	863 000	191 000	−2 123 000	654 000
Tax	0	0	0	0
Net Income	863 000	191 000	−2 123 000	654 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 154 000	19 154 000	19 154 000	19 154 000
Total Current Assets	1 267 000	905 000	1 697 000	859 000
Total Assets	20 421 000	20 059 000	20 851 000	20 013 000
Total Retained Equity	624 000	−240 000	−431 000	1 691 000
Total Equity	626 000	−237 000	−429 000	1 694 000
Total Long-Term Debt	19 668 000	20 174 000	20 732 000	18 219 000
Total Current Debt	128 000	122 000	548 000	100 000
Total Equity and Debt	20 421 000	20 059 000	20 851 000	20 013 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 915 000	1 837 000	1 705 000	1 664 000
Revenue	1 915 000	1 837 000	1 705 000	1 664 000
Cost of Goods Sold	0	0	0	0
Salary Costs	114 000	103 000	103 000	103 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	672 000	1 369 000	3 511 000	679 000
Operating Profit	1 243 000	468 000	−1 806 000	986 000
Financial Income	11 000	0	2 000	6 000
Financial Costs	391 000	277 000	319 000	337 000
Financial Balance	−380 000	−277 000	−317 000	−331 000
Dividends	0	0	0	0
Net Income	863 000	191 000	−2 123 000	654 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 140 000	19 140 000	19 140 000	19 140 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	19 140 000	19 140 000	19 140 000	19 140 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	14 000
Total Fixed Assets	19 154 000	19 154 000	19 154 000	19 154 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 160 000	818 000	1 618 000	785 000
Total Current Assets	1 267 000	905 000	1 697 000	859 000
Total Assets	20 421 000	20 059 000	20 851 000	20 013 000
Total Equity	626 000	−237 000	−429 000	1 694 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 668 000	20 174 000	20 732 000	18 219 000
Creditors	105 000	117 000	545 000	94 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	23 000	5 000	3 000	6 000
Total Current Debt	128 000	122 000	548 000	100 000
Total Equity and Debt	20 421 000	20 059 000	20 851 000	20 013 000

Financial indicators	2022	2021	2020	2019
Return on Equity	137,86 %	−80,59 %	494,87 %	38,61 %
Debt-to-Equity Ratio	31,42	−85,12	−48,33	10,76
Operating Profit Margin	64,91 %	25,48 %	−105,92 %	59,25 %
Current Ratio	9,9	7,42	3,1	8,59
Quick Ratio	9,9	7,42	3,1	8,59
Equity Ratio	0,03	−0,01	−0,02	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %