GRINDAFJORD FERIESENTER AS

5570 AKSDAL

Finances

Return on Equity

46,85 %

Current Ratio

1,3

Debt-to-Equity Ratio

8,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 160 000	2 800 000	2 916 000	883 000
Net Income	1 183 000	1 225 000	1 045 000	−541 000
Total Assets	28 221 000	19 771 000	17 511 000	17 266 000
Total Equity	2 525 000	900 000	101 000	−313 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 160 000	2 800 000	2 916 000	883 000
Expenditure	9 708 000	616 000	905 000	924 000
Operating Profit	2 453 000	2 184 000	2 011 000	−42 000
Financial Income	3 000	0	0	44 000
Financial Costs	1 047 000	614 000	671 000	695 000
Financial Balance	−1 044 000	−614 000	−671 000	−651 000
Earnings Before Tax	1 409 000	1 570 000	1 340 000	−694 000
Tax	226 000	345 000	295 000	−153 000
Net Income	1 183 000	1 225 000	1 045 000	−541 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 157 000	19 296 000	17 271 000	16 637 000
Total Current Assets	5 064 000	475 000	240 000	629 000
Total Assets	28 221 000	19 771 000	17 511 000	17 266 000
Total Retained Equity	2 075 000	800 000	1 000	−413 000
Total Equity	2 525 000	900 000	101 000	−313 000
Total Long-Term Debt	21 790 000	16 626 000	15 316 000	17 368 000
Total Current Debt	3 906 000	2 245 000	2 094 000	210 000
Total Equity and Debt	28 221 000	19 771 000	17 511 000	17 266 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 958 000	0	76 000	0
Other Income	203 000	2 800 000	2 840 000	883 000
Revenue	12 160 000	2 800 000	2 916 000	883 000
Cost of Goods Sold	1 071 000	0	0	0
Salary Costs	2 492 000	0	365 000	316 000
Depreciation	635 000	416 000	435 000	506 000
Impairment	0	0	0	0
Expenditure	9 708 000	616 000	905 000	924 000
Operating Profit	2 453 000	2 184 000	2 011 000	−42 000
Financial Income	3 000	0	0	44 000
Financial Costs	1 047 000	614 000	671 000	695 000
Financial Balance	−1 044 000	−614 000	−671 000	−651 000
Dividends	1 000 000	0	540 000	0
Net Income	1 183 000	1 225 000	1 045 000	−541 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 954 000	7 448 000	7 813 000	8 129 000
Machinery and Plant Facilities	305 000	0	0	0
Fixtures	68 000	0	0	0
Total Tangible Assets	9 327 000	7 448 000	7 813 000	8 129 000
Total Fiancial Fixed Assets	13 830 000	11 849 000	9 458 000	8 508 000
Total Fixed Assets	23 157 000	19 296 000	17 271 000	16 637 000
Stock	4 154 000	0	0	0
Total Investments	3 000	0	0	0
Cash, Bank	417 000	61 000	240 000	374 000
Total Current Assets	5 064 000	475 000	240 000	629 000
Total Assets	28 221 000	19 771 000	17 511 000	17 266 000
Total Equity	2 525 000	900 000	101 000	−313 000
Short-Term Group Debt	586 000	1 451 000	903 000	0
Total Long-Term Debt	21 790 000	16 626 000	15 316 000	17 368 000
Creditors	852 000	98 000	117 000	0
Unpaid Taxes	198 000	177 000	145 000	118 000
Dividends	1 000 000	0	540 000	0
Other Current Debt	1 080 000	59 000	57 000	92 000
Total Current Debt	3 906 000	2 245 000	2 094 000	210 000
Total Equity and Debt	28 221 000	19 771 000	17 511 000	17 266 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,85 %	136,11 %	1 034,65 %	172,84 %
Debt-to-Equity Ratio	8,63	18,47	151,64	−55,49
Operating Profit Margin	20,17 %	78 %	68,96 %	−4,76 %
Current Ratio	1,3	0,21	0,11	3
Quick Ratio	−20,42	0,21	0,11	3
Equity Ratio	0,09	0,05	0,01	−0,02
Gross Profit Margin	91,19 %	100 %	100 %	100 %