GRINIFOSSEN AS

0166 OSLO

Finances

Return on Equity

−0,19 %

Current Ratio

−2,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	105 000	192 000	363 000	0
Net Income	−11 000	−132 000	−253 000	13 589 000
Total Assets	5 663 000	5 845 000	5 912 000	5 822 000
Total Equity	5 746 000	5 757 000	5 889 000	5 782 000

Income (NOK)	2022	2021	2020	2019
Revenue	105 000	192 000	363 000	0
Expenditure	116 000	324 000	628 000	349 000
Operating Profit	−11 000	−132 000	−266 000	−348 000
Financial Income	0	0	0	13 970 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	13 969 000
Earnings Before Tax	−11 000	−132 000	−266 000	13 620 000
Tax	0	0	−12 000	31 000
Net Income	−11 000	−132 000	−253 000	13 589 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 434 000	5 434 000	5 434 000	5 434 000
Total Current Assets	229 000	411 000	478 000	388 000
Total Assets	5 663 000	5 845 000	5 912 000	5 822 000
Total Retained Equity	4 441 000	4 452 000	4 584 000	4 477 000
Total Equity	5 746 000	5 757 000	5 889 000	5 782 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	−83 000	88 000	23 000	39 000
Total Equity and Debt	5 663 000	5 845 000	5 912 000	5 822 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	213 000	0
Other Income	105 000	192 000	150 000	0
Revenue	105 000	192 000	363 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	4 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	116 000	324 000	628 000	349 000
Operating Profit	−11 000	−132 000	−266 000	−348 000
Financial Income	0	0	0	13 970 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	13 969 000
Dividends	0	0	0	0
Net Income	−11 000	−132 000	−253 000	13 589 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 434 000	5 434 000	5 434 000	5 434 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 434 000	5 434 000	5 434 000	5 434 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 434 000	5 434 000	5 434 000	5 434 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 000	211 000	266 000	388 000
Total Current Assets	229 000	411 000	478 000	388 000
Total Assets	5 663 000	5 845 000	5 912 000	5 822 000
Total Equity	5 746 000	5 757 000	5 889 000	5 782 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	−83 000	87 000	23 000	8 000
Total Current Debt	−83 000	88 000	23 000	39 000
Total Equity and Debt	5 663 000	5 845 000	5 912 000	5 822 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,19 %	−2,29 %	−4,3 %	235,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,48 %	−68,75 %	−73,28 %	-
Current Ratio	−2,76	4,67	20,78	9,95
Quick Ratio	−2,76	4,67	20,78	9,95
Equity Ratio	1,01	0,98	1	0,99
Gross Profit Margin	100 %	100 %	100 %	-