GRUNDFOND AS

0355 OSLO

Finances

Return on Equity

−162,02 %

Current Ratio

0,38

Debt-to-Equity Ratio

29,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 232 000	18 929 000	49 142 000	7 579 000
Net Income	−5 828 000	4 414 000	9 688 000	−392 000
Total Assets	140 069 000	111 389 000	128 970 000	110 837 000
Total Equity	3 597 000	9 388 000	4 560 000	13 309 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 232 000	18 929 000	49 142 000	7 579 000
Expenditure	13 164 000	12 682 000	30 172 000	6 775 000
Operating Profit	−6 932 000	6 248 000	18 970 000	804 000
Financial Income	2 292 000	1 200 000	440 000	4 527 000
Financial Costs	2 728 000	1 788 000	6 193 000	5 830 000
Financial Balance	−436 000	−588 000	−5 753 000	−1 303 000
Earnings Before Tax	−7 368 000	5 660 000	13 217 000	−499 000
Tax	−1 540 000	1 246 000	3 529 000	−106 000
Net Income	−5 828 000	4 414 000	9 688 000	−392 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	128 599 000	109 347 000	125 046 000	53 721 000
Total Current Assets	11 470 000	2 042 000	3 924 000	57 116 000
Total Assets	140 069 000	111 389 000	128 970 000	110 837 000
Total Retained Equity	697 000	6 488 000	1 660 000	10 409 000
Total Equity	3 597 000	9 388 000	4 560 000	13 309 000
Total Long-Term Debt	106 552 000	64 850 000	76 761 000	49 141 000
Total Current Debt	29 920 000	37 150 000	47 649 000	48 387 000
Total Equity and Debt	140 069 000	111 389 000	128 970 000	110 837 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 533 000	2 038 000	1 253 000	1 703 000
Other Income	2 699 000	16 892 000	47 889 000	5 875 000
Revenue	6 232 000	18 929 000	49 142 000	7 579 000
Cost of Goods Sold	3 474 000	229 000	0	1 249 000
Salary Costs	1 650 000	1 474 000	1 645 000	−3 000
Depreciation	451 000	366 000	1 244 000	1 020 000
Impairment	0	0	0	32 000
Expenditure	13 164 000	12 682 000	30 172 000	6 775 000
Operating Profit	−6 932 000	6 248 000	18 970 000	804 000
Financial Income	2 292 000	1 200 000	440 000	4 527 000
Financial Costs	2 728 000	1 788 000	6 193 000	5 830 000
Financial Balance	−436 000	−588 000	−5 753 000	−1 303 000
Dividends	0	0	0	0
Net Income	−5 828 000	4 414 000	9 688 000	−392 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 166 000	636 000	1 882 000	3 503 000
Real Eastate	48 638 000	30 833 000	52 945 000	24 049 000
Machinery and Plant Facilities	59 000	89 000	119 000	0
Fixtures	5 619 000	3 786 000	4 086 000	4 678 000
Total Tangible Assets	54 316 000	34 707 000	57 149 000	28 727 000
Total Fiancial Fixed Assets	72 118 000	74 003 000	66 015 000	21 490 000
Total Fixed Assets	128 599 000	109 347 000	125 046 000	53 721 000
Stock	0	0	0	0
Total Investments	373 000	377 000	10 000	0
Cash, Bank	443 000	115 000	1 073 000	14 000
Total Current Assets	11 470 000	2 042 000	3 924 000	57 116 000
Total Assets	140 069 000	111 389 000	128 970 000	110 837 000
Total Equity	3 597 000	9 388 000	4 560 000	13 309 000
Short-Term Group Debt	16 757 000	25 426 000	25 616 000	34 209 000
Total Long-Term Debt	106 552 000	64 850 000	76 761 000	49 141 000
Creditors	12 555 000	6 392 000	4 748 000	1 752 000
Unpaid Taxes	134 000	178 000	91 000	20 000
Dividends	0	0	0	0
Other Current Debt	475 000	4 755 000	17 194 000	11 797 000
Total Current Debt	29 920 000	37 150 000	47 649 000	48 387 000
Total Equity and Debt	140 069 000	111 389 000	128 970 000	110 837 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−162,02 %	47,02 %	212,46 %	−2,95 %
Debt-to-Equity Ratio	29,62	6,91	16,83	3,69
Operating Profit Margin	−111,23 %	33,01 %	38,6 %	10,61 %
Current Ratio	0,38	0,05	0,08	1,18
Quick Ratio	0,38	0,05	0,08	1,18
Equity Ratio	0,03	0,08	0,04	0,12
Gross Profit Margin	44,26 %	98,79 %	100 %	83,52 %