GRIMMERGATA 5 AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

2,77 %

Current Ratio

5,34

Debt-to-Equity Ratio

7,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 622 000	3 900 000	3 808 000	3 795 000
Net Income	94 000	974 000	411 000	88 000
Total Assets	29 718 000	35 414 000	35 253 000	35 920 000
Total Equity	3 390 000	18 297 000	17 322 000	16 911 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 622 000	3 900 000	3 808 000	3 795 000
Expenditure	3 608 000	3 244 000	2 921 000	3 258 000
Operating Profit	1 014 000	657 000	887 000	537 000
Financial Income	122 000	117 000	175 000	268 000
Financial Costs	1 017 000	497 000	587 000	772 000
Financial Balance	−895 000	−380 000	−412 000	−504 000
Earnings Before Tax	120 000	276 000	475 000	32 000
Tax	26 000	−698 000	64 000	−55 000
Net Income	94 000	974 000	411 000	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 085 000	26 188 000	26 228 000	26 985 000
Total Current Assets	3 634 000	9 227 000	9 025 000	8 936 000
Total Assets	29 718 000	35 414 000	35 253 000	35 920 000
Total Retained Equity	94 000	13 910 000	12 935 000	12 525 000
Total Equity	3 390 000	18 297 000	17 322 000	16 911 000
Total Long-Term Debt	25 648 000	16 597 000	17 448 000	18 299 000
Total Current Debt	680 000	521 000	484 000	710 000
Total Equity and Debt	29 718 000	35 414 000	35 253 000	35 920 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 000	32 000	0	0
Other Income	4 587 000	3 868 000	3 808 000	3 795 000
Revenue	4 622 000	3 900 000	3 808 000	3 795 000
Cost of Goods Sold	945 000	779 000	649 000	788 000
Salary Costs	63 000	63 000	63 000	63 000
Depreciation	815 000	796 000	796 000	770 000
Impairment	0	0	0	0
Expenditure	3 608 000	3 244 000	2 921 000	3 258 000
Operating Profit	1 014 000	657 000	887 000	537 000
Financial Income	122 000	117 000	175 000	268 000
Financial Costs	1 017 000	497 000	587 000	772 000
Financial Balance	−895 000	−380 000	−412 000	−504 000
Dividends	0	0	0	0
Net Income	94 000	974 000	411 000	88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	723 000	734 000	0	0
Real Eastate	21 164 000	21 210 000	21 930 000	22 651 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	197 000	244 000	298 000	333 000
Total Tangible Assets	21 361 000	21 454 000	22 228 000	22 985 000
Total Fiancial Fixed Assets	4 000 000	4 000 000	4 000 000	4 000 000
Total Fixed Assets	26 085 000	26 188 000	26 228 000	26 985 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 395 000	7 214 000	6 993 000	7 016 000
Total Current Assets	3 634 000	9 227 000	9 025 000	8 936 000
Total Assets	29 718 000	35 414 000	35 253 000	35 920 000
Total Equity	3 390 000	18 297 000	17 322 000	16 911 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 648 000	16 597 000	17 448 000	18 299 000
Creditors	135 000	131 000	78 000	199 000
Unpaid Taxes	45 000	33 000	54 000	87 000
Dividends	0	0	0	0
Other Current Debt	485 000	322 000	287 000	425 000
Total Current Debt	680 000	521 000	484 000	710 000
Total Equity and Debt	29 718 000	35 414 000	35 253 000	35 920 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,77 %	5,32 %	2,37 %	0,52 %
Debt-to-Equity Ratio	7,57	0,91	1,01	1,08
Operating Profit Margin	21,94 %	16,85 %	23,29 %	14,15 %
Current Ratio	5,34	17,71	18,65	12,59
Quick Ratio	5,34	17,71	18,65	12,59
Equity Ratio	0,11	0,52	0,49	0,47
Gross Profit Margin	79,55 %	80,03 %	82,96 %	79,24 %