GRIEG FOUNDATION

5004 BERGEN

Finances

Return on Equity

6,54 %

Current Ratio

2,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	99 126 000	90 261 000	32 577 000	38 633 000
Total Assets	1 581 160 000	1 556 899 000	1 509 684 000	1 527 617 000
Total Equity	1 515 297 000	1 551 877 000	1 509 476 000	1 527 538 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	4 913 000	3 188 000	2 316 000	1 998 000
Operating Profit	−4 913 000	−3 188 000	−2 316 000	−1 999 000
Financial Income	104 274 000	93 449 000	34 893 000	40 631 000
Financial Costs	236 000	0	0	0
Financial Balance	104 038 000	93 449 000	34 893 000	40 631 000
Earnings Before Tax	99 126 000	90 261 000	32 577 000	38 633 000
Tax	0	0	0	0
Net Income	99 126 000	90 261 000	32 577 000	38 633 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 399 099 000	1 382 174 000	1 379 560 000	1 426 694 000
Total Current Assets	182 060 000	174 725 000	130 124 000	100 922 000
Total Assets	1 581 160 000	1 556 899 000	1 509 684 000	1 527 617 000
Total Retained Equity	158 455 000	1 550 633 000	1 508 232 000	0
Total Equity	1 515 297 000	1 551 877 000	1 509 476 000	1 527 538 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	65 862 000	5 021 000	208 000	79 000
Total Equity and Debt	1 581 160 000	1 556 899 000	1 509 684 000	1 527 617 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	2 013 000	1 363 000	1 388 000	631 000
Depreciation	239 000	181 000	0	0
Impairment	0	0	0	0
Expenditure	4 913 000	3 188 000	2 316 000	1 998 000
Operating Profit	−4 913 000	−3 188 000	−2 316 000	−1 999 000
Financial Income	104 274 000	93 449 000	34 893 000	40 631 000
Financial Costs	236 000	0	0	0
Financial Balance	104 038 000	93 449 000	34 893 000	40 631 000
Dividends	135 706 000	47 860 000	0	0
Net Income	99 126 000	90 261 000	32 577 000	38 633 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	755 000	989 000	0	0
Real Eastate	32 327 000	25 586 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 000	0	23 961 000	22 541 000
Total Tangible Assets	32 367 000	25 586 000	23 961 000	22 541 000
Total Fiancial Fixed Assets	1 365 977 000	1 355 599 000	1 355 599 000	1 404 153 000
Total Fixed Assets	1 399 099 000	1 382 174 000	1 379 560 000	1 426 694 000
Stock	0	0	0	0
Total Investments	95 462 000	104 956 000	97 980 000	0
Cash, Bank	86 568 000	69 769 000	32 145 000	100 917 000
Total Current Assets	182 060 000	174 725 000	130 124 000	100 922 000
Total Assets	1 581 160 000	1 556 899 000	1 509 684 000	1 527 617 000
Total Equity	1 515 297 000	1 551 877 000	1 509 476 000	1 527 538 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	995 000	80 000	0	0
Unpaid Taxes	163 000	88 000	89 000	30 000
Dividends	135 706 000	47 860 000	0	0
Other Current Debt	64 705 000	4 854 000	119 000	48 000
Total Current Debt	65 862 000	5 021 000	208 000	79 000
Total Equity and Debt	1 581 160 000	1 556 899 000	1 509 684 000	1 527 617 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,54 %	5,82 %	2,16 %	2,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2,76	34,8	625,6	1 277,49
Quick Ratio	2,76	34,8	625,6	1 277,49
Equity Ratio	0,96	1	1	1
Gross Profit Margin	-	-	-	-