GRENLAND FINANS AS

3711 SKIEN

Finances

Return on Equity

31,38 %

Current Ratio

13,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	19 899 000	10 444 000	4 306 000	4 293 000
Total Assets	67 131 000	47 237 000	35 577 000	31 489 000
Total Equity	63 420 000	44 521 000	35 577 000	31 489 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	123 000	72 000	67 000	69 000
Operating Profit	−123 000	−72 000	−67 000	−69 000
Financial Income	21 149 000	10 953 000	8 200 000	5 885 000
Financial Costs	858 000	339 000	3 777 000	1 476 000
Financial Balance	20 291 000	10 614 000	4 423 000	4 409 000
Earnings Before Tax	20 168 000	10 541 000	4 356 000	4 340 000
Tax	269 000	97 000	50 000	46 000
Net Income	19 899 000	10 444 000	4 306 000	4 293 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 038 000	15 111 000	15 801 000	9 526 000
Total Current Assets	49 094 000	32 126 000	19 775 000	21 963 000
Total Assets	67 131 000	47 237 000	35 577 000	31 489 000
Total Retained Equity	63 199 000	44 300 000	35 355 000	31 259 000
Total Equity	63 420 000	44 521 000	35 577 000	31 489 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 712 000	2 716 000	0	0
Total Equity and Debt	67 131 000	47 237 000	35 577 000	31 489 000

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	5 000	5 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	123 000	72 000	67 000	69 000
Operating Profit	−123 000	−72 000	−67 000	−69 000
Financial Income	21 149 000	10 953 000	8 200 000	5 885 000
Financial Costs	858 000	339 000	3 777 000	1 476 000
Financial Balance	20 291 000	10 614 000	4 423 000	4 409 000
Dividends	1 000 000	1 500 000	0	1 000 000
Net Income	19 899 000	10 444 000	4 306 000	4 293 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	31 000	81 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	18 038 000	15 111 000	15 770 000	9 444 000
Total Fixed Assets	18 038 000	15 111 000	15 801 000	9 526 000
Stock	0	0	0	0
Total Investments	44 725 000	30 717 000	17 804 000	16 510 000
Cash, Bank	4 369 000	1 409 000	1 713 000	1 616 000
Total Current Assets	49 094 000	32 126 000	19 775 000	21 963 000
Total Assets	67 131 000	47 237 000	35 577 000	31 489 000
Total Equity	63 420 000	44 521 000	35 577 000	31 489 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 000 000	1 500 000	0	1 000 000
Other Current Debt	3 443 000	2 650 000	0	0
Total Current Debt	3 712 000	2 716 000	0	0
Total Equity and Debt	67 131 000	47 237 000	35 577 000	31 489 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,38 %	23,46 %	12,1 %	13,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	13,23	11,83	-	-
Quick Ratio	13,23	11,83	-	-
Equity Ratio	0,94	0,94	1	1
Gross Profit Margin	-	-	-	-