INDUSTRISELSKAPET GRØNLAND AS

1776 HALDEN

Finances

Share Ownership

Return on Equity

9,51 %

Current Ratio

0,11

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	434 000	434 000	542 000	542 000
Net Income	77 000	140 000	307 000	−107 000
Total Assets	5 353 000	1 428 000	1 310 000	1 347 000
Total Equity	810 000	879 000	739 000	432 000

Income (NOK)	2022	2021	2020	2019
Revenue	434 000	434 000	542 000	542 000
Expenditure	332 000	254 000	269 000	670 000
Operating Profit	101 000	180 000	273 000	−128 000
Financial Income	0	0	107 000	11 000
Financial Costs	3 000	0	14 000	20 000
Financial Balance	−3 000	0	93 000	−9 000
Earnings Before Tax	99 000	180 000	366 000	−137 000
Tax	22 000	40 000	58 000	−30 000
Net Income	77 000	140 000	307 000	−107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 853 000	958 000	1 063 000	1 168 000
Total Current Assets	500 000	470 000	247 000	179 000
Total Assets	5 353 000	1 428 000	1 310 000	1 347 000
Total Retained Equity	378 000	448 000	307 000	0
Total Equity	810 000	879 000	739 000	432 000
Total Long-Term Debt	128 000	147 000	167 000	434 000
Total Current Debt	4 416 000	402 000	404 000	482 000
Total Equity and Debt	5 353 000	1 428 000	1 310 000	1 347 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	434 000	434 000	542 000	542 000
Revenue	434 000	434 000	542 000	542 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	105 000	105 000	105 000	105 000
Impairment	0	0	0	0
Expenditure	332 000	254 000	269 000	670 000
Operating Profit	101 000	180 000	273 000	−128 000
Financial Income	0	0	107 000	11 000
Financial Costs	3 000	0	14 000	20 000
Financial Balance	−3 000	0	93 000	−9 000
Dividends	0	0	0	0
Net Income	77 000	140 000	307 000	−107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 853 000	958 000	1 063 000	1 168 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 853 000	958 000	1 063 000	1 168 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 853 000	958 000	1 063 000	1 168 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	112 000	432 000	160 000	150 000
Total Current Assets	500 000	470 000	247 000	179 000
Total Assets	5 353 000	1 428 000	1 310 000	1 347 000
Total Equity	810 000	879 000	739 000	432 000
Short-Term Group Debt	4 118 000	0	0	0
Total Long-Term Debt	128 000	147 000	167 000	434 000
Creditors	18 000	16 000	24 000	128 000
Unpaid Taxes	91 000	100 000	125 000	152 000
Dividends	0	0	0	0
Other Current Debt	188 000	227 000	188 000	201 000
Total Current Debt	4 416 000	402 000	404 000	482 000
Total Equity and Debt	5 353 000	1 428 000	1 310 000	1 347 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,51 %	15,93 %	41,54 %	−24,77 %
Debt-to-Equity Ratio	0,16	0,17	0,23	1
Operating Profit Margin	23,27 %	41,47 %	50,37 %	−23,62 %
Current Ratio	0,11	1,17	0,61	0,37
Quick Ratio	0,11	1,17	0,61	0,37
Equity Ratio	0,15	0,62	0,56	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %