GRIMGARD INVEST AS

5419 FITJAR

Finances

Return on Equity

−2,89 %

Current Ratio

0,13

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 000	5 748 000	630 000	600 000
Net Income	−164 000	3 967 000	103 000	111 000
Total Assets	9 616 000	10 325 000	7 586 000	6 666 000
Total Equity	5 676 000	5 841 000	874 000	770 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 000	5 748 000	630 000	600 000
Expenditure	189 000	264 000	298 000	310 000
Operating Profit	−78 000	5 484 000	332 000	290 000
Financial Income	0	0	0	50 000
Financial Costs	133 000	227 000	199 000	212 000
Financial Balance	−133 000	−227 000	−199 000	−162 000
Earnings Before Tax	−211 000	5 257 000	132 000	128 000
Tax	−46 000	1 290 000	29 000	17 000
Net Income	−164 000	3 967 000	103 000	111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 595 000	10 220 000	7 430 000	6 593 000
Total Current Assets	21 000	105 000	156 000	74 000
Total Assets	9 616 000	10 325 000	7 586 000	6 666 000
Total Retained Equity	4 224 000	4 389 000	422 000	318 000
Total Equity	5 676 000	5 841 000	874 000	770 000
Total Long-Term Debt	3 773 000	4 105 000	6 572 000	5 781 000
Total Current Debt	167 000	379 000	141 000	115 000
Total Equity and Debt	9 616 000	10 325 000	7 586 000	6 666 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	112 000	494 000	630 000	600 000
Other Income	0	5 253 000	0	0
Revenue	112 000	5 748 000	630 000	600 000
Cost of Goods Sold	15 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	119 000	88 000	144 000	142 000
Impairment	0	0	0	0
Expenditure	189 000	264 000	298 000	310 000
Operating Profit	−78 000	5 484 000	332 000	290 000
Financial Income	0	0	0	50 000
Financial Costs	133 000	227 000	199 000	212 000
Financial Balance	−133 000	−227 000	−199 000	−162 000
Dividends	0	0	0	0
Net Income	−164 000	3 967 000	103 000	111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 908 000	4 013 000	4 725 000	4 869 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	80 000	0	0	0
Total Tangible Assets	3 988 000	4 013 000	4 725 000	4 869 000
Total Fiancial Fixed Assets	5 607 000	6 207 000	2 706 000	1 724 000
Total Fixed Assets	9 595 000	10 220 000	7 430 000	6 593 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	105 000	149 000	67 000
Total Current Assets	21 000	105 000	156 000	74 000
Total Assets	9 616 000	10 325 000	7 586 000	6 666 000
Total Equity	5 676 000	5 841 000	874 000	770 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 773 000	4 105 000	6 572 000	5 781 000
Creditors	1 000	10 000	0	2 000
Unpaid Taxes	0	103 000	133 000	109 000
Dividends	0	0	0	0
Other Current Debt	0	0	4 000	4 000
Total Current Debt	167 000	379 000	141 000	115 000
Total Equity and Debt	9 616 000	10 325 000	7 586 000	6 666 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,89 %	67,92 %	11,78 %	14,42 %
Debt-to-Equity Ratio	0,66	0,7	7,52	7,51
Operating Profit Margin	−69,64 %	95,41 %	52,7 %	48,33 %
Current Ratio	0,13	0,28	1,11	0,64
Quick Ratio	0,13	0,28	1,11	0,64
Equity Ratio	0,59	0,57	0,12	0,12
Gross Profit Margin	86,61 %	100 %	100 %	100 %