GROOSÅSEN BORETTSLAG

4836 ARENDAL

Finances

Share Ownership

Return on Equity

8,43 %

Current Ratio

12,85

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 283 000	1 156 000	1 099 000	1 099 000
Net Income	275 000	344 000	−830 000	289 000
Total Assets	3 905 000	3 727 000	3 762 000	4 278 000
Total Equity	3 263 000	2 988 000	2 644 000	3 473 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 283 000	1 156 000	1 099 000	1 099 000
Expenditure	997 000	808 000	1 919 000	799 000
Operating Profit	286 000	348 000	−821 000	299 000
Financial Income	11 000	11 000	16 000	19 000
Financial Costs	23 000	15 000	25 000	29 000
Financial Balance	−12 000	−4 000	−9 000	−10 000
Earnings Before Tax	275 000	344 000	−830 000	289 000
Tax	0	0	0	0
Net Income	275 000	344 000	−830 000	289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 301 000	3 301 000	3 301 000	3 301 000
Total Current Assets	604 000	426 000	461 000	977 000
Total Assets	3 905 000	3 727 000	3 762 000	4 278 000
Total Retained Equity	3 263 000	2 985 000	2 641 000	3 471 000
Total Equity	3 263 000	2 988 000	2 644 000	3 473 000
Total Long-Term Debt	596 000	661 000	728 000	788 000
Total Current Debt	47 000	78 000	391 000	17 000
Total Equity and Debt	3 905 000	3 727 000	3 762 000	4 278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 283 000	1 156 000	1 099 000	1 099 000
Revenue	1 283 000	1 156 000	1 099 000	1 099 000
Cost of Goods Sold	0	0	0	0
Salary Costs	23 000	0	23 000	11 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	997 000	808 000	1 919 000	799 000
Operating Profit	286 000	348 000	−821 000	299 000
Financial Income	11 000	11 000	16 000	19 000
Financial Costs	23 000	15 000	25 000	29 000
Financial Balance	−12 000	−4 000	−9 000	−10 000
Dividends	0	0	0	0
Net Income	275 000	344 000	−830 000	289 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 301 000	3 301 000	3 301 000	3 301 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 301 000	3 301 000	3 301 000	3 301 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 301 000	3 301 000	3 301 000	3 301 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	421 000	163 000	248 000	776 000
Total Current Assets	604 000	426 000	461 000	977 000
Total Assets	3 905 000	3 727 000	3 762 000	4 278 000
Total Equity	3 263 000	2 988 000	2 644 000	3 473 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	596 000	661 000	728 000	788 000
Creditors	34 000	54 000	12 000	10 000
Unpaid Taxes	9 000	0	10 000	0
Dividends	0	0	0	0
Other Current Debt	4 000	24 000	370 000	7 000
Total Current Debt	47 000	78 000	391 000	17 000
Total Equity and Debt	3 905 000	3 727 000	3 762 000	4 278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,43 %	11,51 %	−31,39 %	8,32 %
Debt-to-Equity Ratio	0,18	0,22	0,28	0,23
Operating Profit Margin	22,29 %	30,1 %	−74,7 %	27,21 %
Current Ratio	12,85	5,46	1,18	57,47
Quick Ratio	12,85	5,46	1,18	57,47
Equity Ratio	0,84	0,8	0,7	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %