GRINDLAND HOLDING AS

0694 OSLO

Finances

Return on Equity

6,24 %

Current Ratio

6,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 529 000	8 327 000	16 938 000	4 863 000
Net Income	10 413 000	6 746 000	14 236 000	−603 000
Total Assets	187 476 000	181 403 000	178 404 000	167 783 000
Total Equity	166 766 000	176 263 000	172 517 000	163 281 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 529 000	8 327 000	16 938 000	4 863 000
Expenditure	2 125 000	1 514 000	1 272 000	512 000
Operating Profit	9 404 000	6 813 000	15 666 000	4 351 000
Financial Income	3 312 000	2 890 000	2 255 000	2 265 000
Financial Costs	654 000	2 395 000	3 283 000	6 652 000
Financial Balance	2 658 000	495 000	−1 028 000	−4 387 000
Earnings Before Tax	12 062 000	7 307 000	14 638 000	−36 000
Tax	1 649 000	561 000	402 000	567 000
Net Income	10 413 000	6 746 000	14 236 000	−603 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 083 000	37 471 000	33 344 000	19 027 000
Total Current Assets	144 393 000	143 932 000	145 060 000	148 756 000
Total Assets	187 476 000	181 403 000	178 404 000	167 783 000
Total Retained Equity	164 679 000	174 270 000	170 524 000	161 288 000
Total Equity	166 766 000	176 263 000	172 517 000	163 281 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	20 710 000	5 140 000	5 887 000	4 502 000
Total Equity and Debt	187 476 000	181 403 000	178 404 000	167 783 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	11 529 000	8 327 000	16 938 000	4 863 000
Revenue	11 529 000	8 327 000	16 938 000	4 863 000
Cost of Goods Sold	0	0	0	0
Salary Costs	137 000	137 000	137 000	137 000
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 125 000	1 514 000	1 272 000	512 000
Operating Profit	9 404 000	6 813 000	15 666 000	4 351 000
Financial Income	3 312 000	2 890 000	2 255 000	2 265 000
Financial Costs	654 000	2 395 000	3 283 000	6 652 000
Financial Balance	2 658 000	495 000	−1 028 000	−4 387 000
Dividends	20 004 000	3 000 000	5 000 000	0
Net Income	10 413 000	6 746 000	14 236 000	−603 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	0	0	0
Total Tangible Assets	37 000	0	0	0
Total Fiancial Fixed Assets	43 047 000	37 471 000	33 344 000	19 027 000
Total Fixed Assets	43 083 000	37 471 000	33 344 000	19 027 000
Stock	0	0	0	0
Total Investments	118 871 000	134 627 000	133 403 000	134 033 000
Cash, Bank	20 095 000	4 701 000	4 840 000	6 400 000
Total Current Assets	144 393 000	143 932 000	145 060 000	148 756 000
Total Assets	187 476 000	181 403 000	178 404 000	167 783 000
Total Equity	166 766 000	176 263 000	172 517 000	163 281 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	29 000	4 000	7 000	9 000
Unpaid Taxes	29 000	30 000	37 000	40 000
Dividends	20 004 000	3 000 000	5 000 000	0
Other Current Debt	19 004 000	1 545 000	441 000	3 886 000
Total Current Debt	20 710 000	5 140 000	5 887 000	4 502 000
Total Equity and Debt	187 476 000	181 403 000	178 404 000	167 783 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,24 %	3,83 %	8,25 %	−0,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	81,57 %	81,82 %	92,49 %	89,47 %
Current Ratio	6,97	28	24,64	33,04
Quick Ratio	6,97	28	24,64	33,04
Equity Ratio	0,89	0,97	0,97	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %