GRIMSØEN AS

1747 SKJEBERG

Finances

Return on Equity

10,49 %

Current Ratio

1,01

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 003 000	6 377 000	1 617 000	2 022 000
Net Income	1 889 000	829 000	2 036 000	1 257 000
Total Assets	38 446 000	31 030 000	29 393 000	24 715 000
Total Equity	18 016 000	16 127 000	22 850 000	18 815 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 003 000	6 377 000	1 617 000	2 022 000
Expenditure	9 302 000	3 676 000	1 840 000	3 118 000
Operating Profit	−1 299 000	2 699 000	−223 000	−1 096 000
Financial Income	5 706 000	3 546 000	3 500 000	3 395 000
Financial Costs	2 317 000	4 208 000	559 000	791 000
Financial Balance	3 389 000	−662 000	2 941 000	2 604 000
Earnings Before Tax	2 090 000	2 038 000	2 719 000	1 509 000
Tax	201 000	1 209 000	683 000	252 000
Net Income	1 889 000	829 000	2 036 000	1 257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 075 000	28 363 000	28 273 000	22 457 000
Total Current Assets	3 370 000	2 667 000	1 120 000	2 258 000
Total Assets	38 446 000	31 030 000	29 393 000	24 715 000
Total Retained Equity	14 244 000	12 355 000	19 129 000	17 093 000
Total Equity	18 016 000	16 127 000	22 850 000	18 815 000
Total Long-Term Debt	17 104 000	5 632 000	0	0
Total Current Debt	3 326 000	9 271 000	6 543 000	5 901 000
Total Equity and Debt	38 446 000	31 030 000	29 393 000	24 715 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 369 000	556 000	46 000	534 000
Other Income	5 634 000	5 821 000	1 571 000	1 489 000
Revenue	8 003 000	6 377 000	1 617 000	2 022 000
Cost of Goods Sold	775 000	68 000	0	506 000
Salary Costs	1 290 000	754 000	440 000	335 000
Depreciation	1 170 000	837 000	717 000	1 017 000
Impairment	0	0	0	0
Expenditure	9 302 000	3 676 000	1 840 000	3 118 000
Operating Profit	−1 299 000	2 699 000	−223 000	−1 096 000
Financial Income	5 706 000	3 546 000	3 500 000	3 395 000
Financial Costs	2 317 000	4 208 000	559 000	791 000
Financial Balance	3 389 000	−662 000	2 941 000	2 604 000
Dividends	0	0	0	0
Net Income	1 889 000	829 000	2 036 000	1 257 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	469 000	36 000	228 000	169 000
Real Eastate	26 703 000	18 771 000	8 378 000	8 965 000
Machinery and Plant Facilities	502 000	0	0	0
Fixtures	1 251 000	483 000	176 000	113 000
Total Tangible Assets	28 456 000	19 254 000	8 553 000	9 078 000
Total Fiancial Fixed Assets	6 150 000	9 073 000	19 492 000	13 211 000
Total Fixed Assets	35 075 000	28 363 000	28 273 000	22 457 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 389 000	1 829 000	890 000	1 619 000
Total Current Assets	3 370 000	2 667 000	1 120 000	2 258 000
Total Assets	38 446 000	31 030 000	29 393 000	24 715 000
Total Equity	18 016 000	16 127 000	22 850 000	18 815 000
Short-Term Group Debt	0	221 000	221 000	221 000
Total Long-Term Debt	17 104 000	5 632 000	0	0
Creditors	246 000	359 000	314 000	899 000
Unpaid Taxes	738 000	447 000	156 000	261 000
Dividends	0	0	0	0
Other Current Debt	1 689 000	2 091 000	230 000	271 000
Total Current Debt	3 326 000	9 271 000	6 543 000	5 901 000
Total Equity and Debt	38 446 000	31 030 000	29 393 000	24 715 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,49 %	5,14 %	8,91 %	6,68 %
Debt-to-Equity Ratio	0,95	0,35	0	0
Operating Profit Margin	−16,23 %	42,32 %	−13,79 %	−54,2 %
Current Ratio	1,01	0,29	0,17	0,38
Quick Ratio	1,01	0,29	0,17	0,38
Equity Ratio	0,47	0,52	0,78	0,76
Gross Profit Margin	90,32 %	98,93 %	100 %	74,98 %