GRANDMO AS

6868 GAUPNE

Finances

Share Ownership

Return on Equity

28,2 %

Current Ratio

0,08

Debt-to-Equity Ratio

−1,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 000	66 000	170 000	263 000
Net Income	−236 000	−393 000	−115 000	−124 000
Total Assets	886 000	1 045 000	1 047 000	1 163 000
Total Equity	−837 000	−601 000	−208 000	−93 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 000	66 000	170 000	263 000
Expenditure	210 000	411 000	231 000	333 000
Operating Profit	−181 000	−345 000	−61 000	−70 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	58 000	51 000	57 000	57 000
Financial Balance	−55 000	−48 000	−54 000	−54 000
Earnings Before Tax	−236 000	−393 000	−115 000	−124 000
Tax	0	0	0	0
Net Income	−236 000	−393 000	−115 000	−124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	830 000	918 000	1 006 000	1 104 000
Total Current Assets	56 000	127 000	40 000	59 000
Total Assets	886 000	1 045 000	1 047 000	1 163 000
Total Retained Equity	−1 037 000	−801 000	−408 000	−293 000
Total Equity	−837 000	−601 000	−208 000	−93 000
Total Long-Term Debt	1 044 000	1 114 000	1 185 000	1 222 000
Total Current Debt	679 000	532 000	70 000	34 000
Total Equity and Debt	886 000	1 045 000	1 047 000	1 163 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 000	66 000	175 000	259 000
Other Income	0	0	−5 000	5 000
Revenue	28 000	66 000	170 000	263 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	88 000	88 000	98 000	94 000
Impairment	0	0	0	0
Expenditure	210 000	411 000	231 000	333 000
Operating Profit	−181 000	−345 000	−61 000	−70 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	58 000	51 000	57 000	57 000
Financial Balance	−55 000	−48 000	−54 000	−54 000
Dividends	0	0	0	0
Net Income	−236 000	−393 000	−115 000	−124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	830 000	918 000	1 006 000	1 104 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	830 000	918 000	1 006 000	1 104 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	830 000	918 000	1 006 000	1 104 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	26 000	46 000	4 000	4 000
Total Current Assets	56 000	127 000	40 000	59 000
Total Assets	886 000	1 045 000	1 047 000	1 163 000
Total Equity	−837 000	−601 000	−208 000	−93 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 044 000	1 114 000	1 185 000	1 222 000
Creditors	1 000	24 000	12 000	5 000
Unpaid Taxes	0	0	32 000	5 000
Dividends	0	0	0	0
Other Current Debt	679 000	507 000	11 000	21 000
Total Current Debt	679 000	532 000	70 000	34 000
Total Equity and Debt	886 000	1 045 000	1 047 000	1 163 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,2 %	65,39 %	55,29 %	133,33 %
Debt-to-Equity Ratio	−1,25	−1,85	−5,7	−13,14
Operating Profit Margin	−646,43 %	−522,73 %	−35,88 %	−26,62 %
Current Ratio	0,08	0,24	0,57	1,74
Quick Ratio	0,08	0,24	0,57	1,74
Equity Ratio	−0,94	−0,58	−0,2	−0,08
Gross Profit Margin	100 %	100 %	100 %	100 %