GRINDVOLD HOLDING AS

2092 MINNESUND

Finances

Return on Equity

−7,91 %

Current Ratio

0,11

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−251 000	−323 000	−443 000	−155 000
Total Assets	3 384 000	3 567 000	4 978 000	8 268 000
Total Equity	3 174 000	3 425 000	3 748 000	5 191 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	322 000	417 000	567 000	240 000
Operating Profit	−322 000	−417 000	−567 000	−240 000
Financial Income	0	3 000	0	41 000
Financial Costs	0	0	1 000	0
Financial Balance	0	3 000	−1 000	41 000
Earnings Before Tax	−322 000	−414 000	−568 000	−199 000
Tax	−71 000	−91 000	−125 000	−44 000
Net Income	−251 000	−323 000	−443 000	−155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 367 000	3 519 000	3 761 000	3 730 000
Total Current Assets	18 000	48 000	1 217 000	4 538 000
Total Assets	3 384 000	3 567 000	4 978 000	8 268 000
Total Retained Equity	3 070 000	3 321 000	3 644 000	5 087 000
Total Equity	3 174 000	3 425 000	3 748 000	5 191 000
Total Long-Term Debt	39 000	110 000	201 000	326 000
Total Current Debt	171 000	31 000	1 028 000	2 750 000
Total Equity and Debt	3 384 000	3 567 000	4 978 000	8 268 000

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	1 000	9 000	0
Salary Costs	0	0	0	0
Depreciation	152 000	182 000	179 000	78 000
Impairment	0	0	0	0
Expenditure	322 000	417 000	567 000	240 000
Operating Profit	−322 000	−417 000	−567 000	−240 000
Financial Income	0	3 000	0	41 000
Financial Costs	0	0	1 000	0
Financial Balance	0	3 000	−1 000	41 000
Dividends	0	0	1 000 000	0
Net Income	−251 000	−323 000	−443 000	−155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 819 000	2 819 000	2 819 000	2 750 000
Machinery and Plant Facilities	126 000	206 000	375 000	341 000
Fixtures	121 000	194 000	267 000	339 000
Total Tangible Assets	3 067 000	3 219 000	3 461 000	3 430 000
Total Fiancial Fixed Assets	300 000	300 000	300 000	300 000
Total Fixed Assets	3 367 000	3 519 000	3 761 000	3 730 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	26 000	232 000	4 141 000
Total Current Assets	18 000	48 000	1 217 000	4 538 000
Total Assets	3 384 000	3 567 000	4 978 000	8 268 000
Total Equity	3 174 000	3 425 000	3 748 000	5 191 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 000	110 000	201 000	326 000
Creditors	0	4 000	5 000	2 750 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	1 000 000	0
Other Current Debt	171 000	27 000	23 000	0
Total Current Debt	171 000	31 000	1 028 000	2 750 000
Total Equity and Debt	3 384 000	3 567 000	4 978 000	8 268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,91 %	−9,43 %	−11,82 %	−2,99 %
Debt-to-Equity Ratio	0,01	0,03	0,05	0,06
Operating Profit Margin	-	-	-	-
Current Ratio	0,11	1,55	1,18	1,65
Quick Ratio	0,11	1,55	1,18	1,65
Equity Ratio	0,94	0,96	0,75	0,63
Gross Profit Margin	-	-	-	-