GRINITUN II BORETTSLAG

1400 SKI

Finances

Share Ownership

Return on Equity

7,88 %

Current Ratio

3,87

Debt-to-Equity Ratio

1,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 705 000	1 565 000	1 585 000	1 636 000
Net Income	726 000	654 000	634 000	681 000
Total Assets	20 816 000	20 625 000	20 943 000	21 136 000
Total Equity	9 218 000	8 492 000	7 838 000	7 204 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 705 000	1 565 000	1 585 000	1 636 000
Expenditure	891 000	840 000	818 000	807 000
Operating Profit	814 000	725 000	767 000	829 000
Financial Income	8 000	0	2 000	8 000
Financial Costs	96 000	71 000	135 000	155 000
Financial Balance	−88 000	−71 000	−133 000	−147 000
Earnings Before Tax	726 000	654 000	634 000	681 000
Tax	0	0	0	0
Net Income	726 000	654 000	634 000	681 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 872 000	19 872 000	19 872 000	19 872 000
Total Current Assets	944 000	753 000	1 072 000	1 264 000
Total Assets	20 816 000	20 625 000	20 943 000	21 136 000
Total Retained Equity	9 216 000	8 490 000	7 836 000	7 203 000
Total Equity	9 218 000	8 492 000	7 838 000	7 204 000
Total Long-Term Debt	11 354 000	12 070 000	12 793 000	13 486 000
Total Current Debt	244 000	63 000	312 000	445 000
Total Equity and Debt	20 816 000	20 625 000	20 943 000	21 136 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 705 000	1 565 000	1 585 000	1 636 000
Revenue	1 705 000	1 565 000	1 585 000	1 636 000
Cost of Goods Sold	0	0	0	0
Salary Costs	61 000	86 000	62 000	64 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	891 000	840 000	818 000	807 000
Operating Profit	814 000	725 000	767 000	829 000
Financial Income	8 000	0	2 000	8 000
Financial Costs	96 000	71 000	135 000	155 000
Financial Balance	−88 000	−71 000	−133 000	−147 000
Dividends	0	0	0	0
Net Income	726 000	654 000	634 000	681 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	19 872 000	19 872 000	19 872 000	19 872 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	19 872 000	19 872 000	19 872 000	19 872 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 872 000	19 872 000	19 872 000	19 872 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	854 000	692 000	1 015 000	940 000
Total Current Assets	944 000	753 000	1 072 000	1 264 000
Total Assets	20 816 000	20 625 000	20 943 000	21 136 000
Total Equity	9 218 000	8 492 000	7 838 000	7 204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 354 000	12 070 000	12 793 000	13 486 000
Creditors	213 000	47 000	51 000	49 000
Unpaid Taxes	1 000	1 000	4 000	3 000
Dividends	0	0	0	0
Other Current Debt	30 000	14 000	256 000	393 000
Total Current Debt	244 000	63 000	312 000	445 000
Total Equity and Debt	20 816 000	20 625 000	20 943 000	21 136 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,88 %	7,7 %	8,09 %	9,45 %
Debt-to-Equity Ratio	1,23	1,42	1,63	1,87
Operating Profit Margin	47,74 %	46,33 %	48,39 %	50,67 %
Current Ratio	3,87	11,95	3,44	2,84
Quick Ratio	3,87	11,95	3,44	2,84
Equity Ratio	0,44	0,41	0,37	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %