GRIMSTAD GOLFKLUBB

4891 GRIMSTAD

Finances

Share Ownership

Return on Equity

−26,61 %

Current Ratio

5,96

Debt-to-Equity Ratio

1,88

Key figures (NOK)	2018	2017	2016	2015
Revenue	3 821 000	4 048 000	4 038 000	3 964 000
Net Income	−803 000	222 000	36 000	175 000
Total Assets	8 845 000	9 453 000	9 820 000	10 240 000
Total Equity	3 018 000	3 743 000	3 793 000	2 812 000

Income (NOK)	2018	2017	2016	2015
Revenue	3 821 000	4 048 000	4 038 000	3 964 000
Expenditure	4 552 000	3 777 000	3 829 000	3 611 000
Operating Profit	−688 000	364 000	209 000	354 000
Financial Income	0	0	0	−16 000
Financial Costs	115 000	141 000	173 000	163 000
Financial Balance	−115 000	−141 000	−173 000	−179 000
Earnings Before Tax	−803 000	222 000	36 000	175 000
Tax	0	0	0	0
Net Income	−803 000	222 000	36 000	175 000

Balance (NOK)	2018	2017	2016	2015
Total Fixed Assets	7 939 000	8 566 000	9 203 000	9 186 000
Total Current Assets	906 000	887 000	617 000	1 054 000
Total Assets	8 845 000	9 453 000	9 820 000	10 240 000
Total Retained Equity	3 018 000	3 743 000	3 793 000	2 812 000
Total Equity	3 018 000	3 743 000	3 793 000	2 812 000
Total Long-Term Debt	5 675 000	5 512 000	5 853 000	0
Total Current Debt	152 000	198 000	173 000	7 428 000
Total Equity and Debt	8 845 000	9 453 000	9 820 000	10 240 000

Cash flow (NOK)	2018	2017	2016	2015
Sales Income	550 000	1 452 000	1 415 000	1 345 000
Other Income	3 271 000	2 597 000	2 622 000	2 619 000
Revenue	3 821 000	4 048 000	4 038 000	3 964 000
Cost of Goods Sold	396 000	432 000	467 000	496 000
Salary Costs	931 000	944 000	872 000	813 000
Depreciation	627 000	1 610 000	1 643 000	605 000
Impairment	0	0	0	0
Expenditure	4 552 000	3 777 000	3 829 000	3 611 000
Operating Profit	−688 000	364 000	209 000	354 000
Financial Income	0	0	0	−16 000
Financial Costs	115 000	141 000	173 000	163 000
Financial Balance	−115 000	−141 000	−173 000	−179 000
Dividends	0	0	0	0
Net Income	−803 000	222 000	36 000	175 000

Balance details (NOK)	2018	2017	2016	2015
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 936 000	8 464 000	8 992 000	0
Machinery and Plant Facilities	3 000	102 000	211 000	9 186 000
Fixtures	0	0	0	0
Total Tangible Assets	7 939 000	8 566 000	9 203 000	9 186 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 939 000	8 566 000	9 203 000	9 186 000
Stock	154 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	752 000	895 000	609 000	1 028 000
Total Current Assets	906 000	887 000	617 000	1 054 000
Total Assets	8 845 000	9 453 000	9 820 000	10 240 000
Total Equity	3 018 000	3 743 000	3 793 000	2 812 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 675 000	5 512 000	5 853 000	0
Creditors	−21 000	−12 000	4 000	0
Unpaid Taxes	32 000	57 000	50 000	8 000
Dividends	0	0	0	0
Other Current Debt	107 000	124 000	82 000	105 000
Total Current Debt	152 000	198 000	173 000	7 428 000
Total Equity and Debt	8 845 000	9 453 000	9 820 000	10 240 000

Financial indicators	2018	2017	2016	2015
Return on Equity	−26,61 %	5,93 %	0,95 %	6,22 %
Debt-to-Equity Ratio	1,88	1,47	1,54	0
Operating Profit Margin	−18,01 %	8,99 %	5,18 %	8,93 %
Current Ratio	5,96	4,48	3,57	0,14
Quick Ratio	−453	4,48	3,57	0,14
Equity Ratio	0,34	0,4	0,39	0,27
Gross Profit Margin	89,64 %	89,33 %	88,43 %	87,49 %