GRINDAHEIM AS

0375 OSLO

Finances

Return on Equity

−3,93 %

Current Ratio

0,06

Debt-to-Equity Ratio

−1,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	666 000	307 000	91 000	349 000
Net Income	81 000	165 000	−313 000	−340 000
Total Assets	881 000	887 000	661 000	1 667 000
Total Equity	−2 063 000	−2 144 000	−2 309 000	−1 996 000

Income (NOK)	2022	2021	2020	2019
Revenue	666 000	307 000	91 000	349 000
Expenditure	511 000	82 000	349 000	630 000
Operating Profit	154 000	225 000	−257 000	−281 000
Financial Income	0	0	0	0
Financial Costs	73 000	60 000	56 000	59 000
Financial Balance	−73 000	−60 000	−56 000	−59 000
Earnings Before Tax	81 000	165 000	−313 000	−340 000
Tax	0	0	0	0
Net Income	81 000	165 000	−313 000	−340 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	854 000	620 000	617 000	715 000
Total Current Assets	28 000	267 000	44 000	952 000
Total Assets	881 000	887 000	661 000	1 667 000
Total Retained Equity	−2 163 000	−2 244 000	−2 409 000	−2 096 000
Total Equity	−2 063 000	−2 144 000	−2 309 000	−1 996 000
Total Long-Term Debt	2 457 000	2 463 000	2 418 000	1 297 000
Total Current Debt	487 000	568 000	552 000	2 366 000
Total Equity and Debt	881 000	887 000	661 000	1 667 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	478 000	307 000	91 000	349 000
Other Income	188 000	0	0	0
Revenue	666 000	307 000	91 000	349 000
Cost of Goods Sold	0	0	2 000	113 000
Salary Costs	0	0	−4 000	52 000
Depreciation	52 000	38 000	98 000	98 000
Impairment	0	0	0	0
Expenditure	511 000	82 000	349 000	630 000
Operating Profit	154 000	225 000	−257 000	−281 000
Financial Income	0	0	0	0
Financial Costs	73 000	60 000	56 000	59 000
Financial Balance	−73 000	−60 000	−56 000	−59 000
Dividends	0	0	0	0
Net Income	81 000	165 000	−313 000	−340 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	826 000	595 000	597 000	695 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	826 000	595 000	597 000	695 000
Total Fiancial Fixed Assets	28 000	26 000	20 000	20 000
Total Fixed Assets	854 000	620 000	617 000	715 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	103 000	3 000	10 000
Total Current Assets	28 000	267 000	44 000	952 000
Total Assets	881 000	887 000	661 000	1 667 000
Total Equity	−2 063 000	−2 144 000	−2 309 000	−1 996 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 457 000	2 463 000	2 418 000	1 297 000
Creditors	17 000	114 000	30 000	6 000
Unpaid Taxes	0	0	0	10 000
Dividends	0	0	0	0
Other Current Debt	471 000	455 000	522 000	349 000
Total Current Debt	487 000	568 000	552 000	2 366 000
Total Equity and Debt	881 000	887 000	661 000	1 667 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,93 %	−7,7 %	13,56 %	17,03 %
Debt-to-Equity Ratio	−1,19	−1,15	−1,05	−0,65
Operating Profit Margin	23,12 %	73,29 %	−282,42 %	−80,52 %
Current Ratio	0,06	0,47	0,08	0,4
Quick Ratio	0,06	0,47	0,08	0,4
Equity Ratio	−2,34	−2,42	−3,49	−1,2
Gross Profit Margin	100 %	100 %	97,8 %	67,62 %