GRØNLAND EIENDOMSFORVALTNING SELSKAP AS

0667 OSLO

Finances

Share Ownership

Return on Equity

13,31 %

Current Ratio

9,48

Debt-to-Equity Ratio

−2,04

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 419 000	1 419 000	1 419 000	1 431 000
Net Income	−2 671 000	−2 116 000	−2 702 000	−3 432 000
Total Assets	21 360 000	20 321 000	19 024 000	17 733 000
Total Equity	−20 072 000	−17 400 000	−15 284 000	−12 583 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 419 000	1 419 000	1 419 000	1 431 000
Expenditure	165 000	123 000	143 000	135 000
Operating Profit	1 254 000	1 296 000	1 276 000	1 296 000
Financial Income	0	967 000	15 000	21 000
Financial Costs	3 374 000	3 997 000	3 993 000	4 750 000
Financial Balance	−3 374 000	−3 030 000	−3 978 000	−4 729 000
Earnings Before Tax	−2 120 000	−1 734 000	−2 702 000	−3 432 000
Tax	552 000	382 000	0	0
Net Income	−2 671 000	−2 116 000	−2 702 000	−3 432 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	15 879 000	15 952 000	13 799 000	13 573 000
Total Current Assets	5 481 000	4 369 000	5 225 000	4 161 000
Total Assets	21 360 000	20 321 000	19 024 000	17 733 000
Total Retained Equity	−20 175 000	−17 503 000	−15 387 000	−12 686 000
Total Equity	−20 072 000	−17 400 000	−15 284 000	−12 583 000
Total Long-Term Debt	40 853 000	37 474 000	34 278 000	30 285 000
Total Current Debt	578 000	247 000	31 000	31 000
Total Equity and Debt	21 360 000	20 321 000	19 024 000	17 733 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	1 419 000	1 419 000	1 419 000	1 431 000
Revenue	1 419 000	1 419 000	1 419 000	1 431 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	73 000	73 000	73 000	73 000
Impairment	0	0	0	0
Expenditure	165 000	123 000	143 000	135 000
Operating Profit	1 254 000	1 296 000	1 276 000	1 296 000
Financial Income	0	967 000	15 000	21 000
Financial Costs	3 374 000	3 997 000	3 993 000	4 750 000
Financial Balance	−3 374 000	−3 030 000	−3 978 000	−4 729 000
Dividends	0	0	0	0
Net Income	−2 671 000	−2 116 000	−2 702 000	−3 432 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 773 000	5 846 000	5 919 000	5 992 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 773 000	5 846 000	5 919 000	5 992 000
Total Fiancial Fixed Assets	10 106 000	10 106 000	7 880 000	7 580 000
Total Fixed Assets	15 879 000	15 952 000	13 799 000	13 573 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 481 000	4 369 000	5 225 000	4 161 000
Total Current Assets	5 481 000	4 369 000	5 225 000	4 161 000
Total Assets	21 360 000	20 321 000	19 024 000	17 733 000
Total Equity	−20 072 000	−17 400 000	−15 284 000	−12 583 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 853 000	37 474 000	34 278 000	30 285 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	32 000	31 000	31 000	31 000
Total Current Debt	578 000	247 000	31 000	31 000
Total Equity and Debt	21 360 000	20 321 000	19 024 000	17 733 000

Financial indicators	2021	2020	2019	2018
Return on Equity	13,31 %	12,16 %	17,68 %	27,27 %
Debt-to-Equity Ratio	−2,04	−2,15	−2,24	−2,41
Operating Profit Margin	88,37 %	91,33 %	89,92 %	90,57 %
Current Ratio	9,48	17,69	168,55	134,23
Quick Ratio	9,48	17,69	168,55	134,23
Equity Ratio	−0,94	−0,86	−0,8	−0,71
Gross Profit Margin	100 %	100 %	100 %	100 %