GRENLANDSAKSJONEN

3716 SKIEN

Finances

Share Ownership

Return on Equity

−4,28 %

Current Ratio

27,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 965 000	779 000	747 000	1 695 000
Net Income	−35 000	−188 000	−17 000	−165 000
Total Assets	847 000	1 003 000	1 050 000	1 112 000
Total Equity	818 000	853 000	1 041 000	1 057 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 965 000	779 000	747 000	1 695 000
Expenditure	756 000	757 000	570 000	1 599 000
Operating Profit	−25 000	−175 000	−6 000	−154 000
Financial Income	4 000	1 000	2 000	6 000
Financial Costs	14 000	14 000	13 000	17 000
Financial Balance	−10 000	−13 000	−11 000	−11 000
Earnings Before Tax	−35 000	−188 000	−17 000	−165 000
Tax	0	0	0	0
Net Income	−35 000	−188 000	−17 000	−165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	76 000	76 000	76 000	76 000
Total Current Assets	770 000	927 000	974 000	1 036 000
Total Assets	847 000	1 003 000	1 050 000	1 112 000
Total Retained Equity	808 000	843 000	1 031 000	1 047 000
Total Equity	818 000	853 000	1 041 000	1 057 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	28 000	150 000	9 000	54 000
Total Equity and Debt	847 000	1 003 000	1 050 000	1 112 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	161 000	171 000	162 000	161 000
Other Income	1 804 000	608 000	586 000	1 534 000
Revenue	1 965 000	779 000	747 000	1 695 000
Cost of Goods Sold	120 000	194 000	125 000	273 000
Salary Costs	115 000	65 000	24 000	847 000
Depreciation	356 000	329 000	252 000	241 000
Impairment	30 000	24 000	26 000	57 000
Expenditure	756 000	757 000	570 000	1 599 000
Operating Profit	−25 000	−175 000	−6 000	−154 000
Financial Income	4 000	1 000	2 000	6 000
Financial Costs	14 000	14 000	13 000	17 000
Financial Balance	−10 000	−13 000	−11 000	−11 000
Dividends	0	0	0	0
Net Income	−35 000	−188 000	−17 000	−165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	76 000	76 000	76 000	76 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	76 000	76 000	76 000	76 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	76 000	76 000	76 000	76 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	762 000	835 000	892 000	1 034 000
Total Current Assets	770 000	927 000	974 000	1 036 000
Total Assets	847 000	1 003 000	1 050 000	1 112 000
Total Equity	818 000	853 000	1 041 000	1 057 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	23 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	28 000	150 000	9 000	32 000
Total Current Debt	28 000	150 000	9 000	54 000
Total Equity and Debt	847 000	1 003 000	1 050 000	1 112 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,28 %	−22,04 %	−1,63 %	−15,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,27 %	−22,46 %	−0,8 %	−9,09 %
Current Ratio	27,5	6,18	108,22	19,19
Quick Ratio	27,5	6,18	108,22	19,19
Equity Ratio	0,97	0,85	0,99	0,95
Gross Profit Margin	93,89 %	75,1 %	83,27 %	83,89 %