GRØNLAND 51 AS

0185 OSLO

Finances

Share Ownership

Return on Equity

5,75 %

Current Ratio

0,07

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 092 000	50 188 000	50 057 000	49 130 000
Net Income	21 489 000	25 748 000	26 523 000	25 087 000
Total Assets	443 539 000	455 315 000	467 010 000	483 345 000
Total Equity	373 515 000	373 545 000	373 474 000	412 234 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 092 000	50 188 000	50 057 000	49 130 000
Expenditure	16 617 000	16 559 000	15 931 000	15 780 000
Operating Profit	28 475 000	33 629 000	34 126 000	33 350 000
Financial Income	2 000	5 000	54 000	0
Financial Costs	927 000	623 000	175 000	1 188 000
Financial Balance	−925 000	−618 000	−121 000	−1 188 000
Earnings Before Tax	27 550 000	33 011 000	34 004 000	32 163 000
Tax	6 061 000	7 262 000	7 481 000	7 076 000
Net Income	21 489 000	25 748 000	26 523 000	25 087 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	441 527 000	453 056 000	466 142 000	477 342 000
Total Current Assets	2 012 000	2 258 000	868 000	6 003 000
Total Assets	443 539 000	455 315 000	467 010 000	483 345 000
Total Retained Equity	967 000	996 000	926 000	39 686 000
Total Equity	373 515 000	373 545 000	373 474 000	412 234 000
Total Long-Term Debt	40 914 000	45 260 000	19 399 000	40 214 000
Total Current Debt	29 109 000	36 510 000	74 137 000	30 896 000
Total Equity and Debt	443 539 000	455 315 000	467 010 000	483 345 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 803 000	49 631 000	342 000	48 802 000
Other Income	289 000	557 000	49 715 000	328 000
Revenue	45 092 000	50 188 000	50 057 000	49 130 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	12 432 000	13 329 000	12 998 000	13 084 000
Impairment	0	0	0	0
Expenditure	16 617 000	16 559 000	15 931 000	15 780 000
Operating Profit	28 475 000	33 629 000	34 126 000	33 350 000
Financial Income	2 000	5 000	54 000	0
Financial Costs	927 000	623 000	175 000	1 188 000
Financial Balance	−925 000	−618 000	−121 000	−1 188 000
Dividends	0	0	0	0
Net Income	21 489 000	25 748 000	26 523 000	25 087 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	440 347 000	450 570 000	462 577 000	475 548 000
Machinery and Plant Facilities	0	862 000	1 292 000	1 794 000
Fixtures	562 000	734 000	907 000	0
Total Tangible Assets	440 908 000	452 166 000	464 776 000	477 342 000
Total Fiancial Fixed Assets	619 000	890 000	1 365 000	0
Total Fixed Assets	441 527 000	453 056 000	466 142 000	477 342 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	2 012 000	2 258 000	868 000	6 003 000
Total Assets	443 539 000	455 315 000	467 010 000	483 345 000
Total Equity	373 515 000	373 545 000	373 474 000	412 234 000
Short-Term Group Debt	27 588 000	32 921 000	32 415 000	30 148 000
Total Long-Term Debt	40 914 000	45 260 000	19 399 000	40 214 000
Creditors	672 000	385 000	225 000	551 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	849 000	3 205 000	1 497 000	197 000
Total Current Debt	29 109 000	36 510 000	74 137 000	30 896 000
Total Equity and Debt	443 539 000	455 315 000	467 010 000	483 345 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,75 %	6,89 %	7,1 %	6,09 %
Debt-to-Equity Ratio	0,11	0,12	0,05	0,1
Operating Profit Margin	63,15 %	67,01 %	68,17 %	67,88 %
Current Ratio	0,07	0,06	0,01	0,19
Quick Ratio	0,07	0,06	0,01	0,19
Equity Ratio	0,84	0,82	0,8	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %