GRINDAHEIM EIENDOM AS

5919 FREKHAUG

Finances

Return on Equity

52,77 %

Current Ratio

0,06

Debt-to-Equity Ratio

2,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 000	0	0	51 000
Net Income	2 228 000	967 000	1 232 000	1 136 000
Total Assets	20 924 000	20 894 000	22 978 000	23 453 000
Total Equity	4 222 000	1 994 000	1 027 000	−205 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 000	0	0	51 000
Expenditure	726 000	462 000	455 000	856 000
Operating Profit	−718 000	−461 000	−455 000	−805 000
Financial Income	3 126 000	1 475 000	1 915 000	2 117 000
Financial Costs	191 000	54 000	234 000	58 000
Financial Balance	2 935 000	1 421 000	1 681 000	2 059 000
Earnings Before Tax	2 217 000	959 000	1 226 000	1 254 000
Tax	−11 000	−8 000	−6 000	118 000
Net Income	2 228 000	967 000	1 232 000	1 136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 491 000	20 581 000	20 667 000	20 755 000
Total Current Assets	434 000	313 000	2 311 000	2 698 000
Total Assets	20 924 000	20 894 000	22 978 000	23 453 000
Total Retained Equity	3 586 000	1 358 000	390 000	−841 000
Total Equity	4 222 000	1 994 000	1 027 000	−205 000
Total Long-Term Debt	9 438 000	9 457 000	21 056 000	22 439 000
Total Current Debt	7 264 000	9 443 000	895 000	1 219 000
Total Equity and Debt	20 924 000	20 894 000	22 978 000	23 453 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	9 000	0	0	51 000
Revenue	9 000	0	0	51 000
Cost of Goods Sold	0	0	0	0
Salary Costs	61 000	147 000	141 000	145 000
Depreciation	90 000	86 000	88 000	91 000
Impairment	0	0	0	0
Expenditure	726 000	462 000	455 000	856 000
Operating Profit	−718 000	−461 000	−455 000	−805 000
Financial Income	3 126 000	1 475 000	1 915 000	2 117 000
Financial Costs	191 000	54 000	234 000	58 000
Financial Balance	2 935 000	1 421 000	1 681 000	2 059 000
Dividends	0	0	0	0
Net Income	2 228 000	967 000	1 232 000	1 136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 192 000	5 192 000	5 192 000	5 192 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	299 000	389 000	475 000	564 000
Total Tangible Assets	5 491 000	5 581 000	5 667 000	5 755 000
Total Fiancial Fixed Assets	15 000 000	15 000 000	15 000 000	15 000 000
Total Fixed Assets	20 491 000	20 581 000	20 667 000	20 755 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	97 000	226 000	355 000	509 000
Total Current Assets	434 000	313 000	2 311 000	2 698 000
Total Assets	20 924 000	20 894 000	22 978 000	23 453 000
Total Equity	4 222 000	1 994 000	1 027 000	−205 000
Short-Term Group Debt	0	0	820 000	1 077 000
Total Long-Term Debt	9 438 000	9 457 000	21 056 000	22 439 000
Creditors	21 000	13 000	16 000	84 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 243 000	9 430 000	59 000	58 000
Total Current Debt	7 264 000	9 443 000	895 000	1 219 000
Total Equity and Debt	20 924 000	20 894 000	22 978 000	23 453 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,77 %	48,5 %	119,96 %	−554,15 %
Debt-to-Equity Ratio	2,24	4,74	20,5	−109,46
Operating Profit Margin	−7 977,78 %	-	-	−1 578,43 %
Current Ratio	0,06	0,03	2,58	2,21
Quick Ratio	0,06	0,03	2,58	2,21
Equity Ratio	0,2	0,1	0,04	−0,01
Gross Profit Margin	100 %	-	-	100 %