GRAND HOLDING AS

3256 LARVIK

Finances

Return on Equity

4,31 %

Current Ratio

2,16

Debt-to-Equity Ratio

3,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	171 432 000	117 819 000	103 901 000	0
Net Income	4 701 000	−90 000	3 871 000	−42 000
Total Assets	668 303 000	759 908 000	428 286 000	104 728 000
Total Equity	108 970 000	101 059 000	101 149 000	104 728 000

Income (NOK)	2022	2021	2020	2019
Revenue	171 432 000	117 819 000	103 901 000	0
Expenditure	162 122 000	116 570 000	100 723 000	54 000
Operating Profit	9 310 000	1 249 000	3 176 000	−54 000
Financial Income	8 222 000	2 000	4 841 000	0
Financial Costs	13 736 000	2 294 000	3 596 000	0
Financial Balance	−5 514 000	−2 292 000	1 245 000	0
Earnings Before Tax	3 796 000	−1 042 000	4 422 000	−54 000
Tax	−905 000	−952 000	551 000	−12 000
Net Income	4 701 000	−90 000	3 871 000	−42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	384 699 000	102 102 000	129 318 000	104 712 000
Total Current Assets	283 605 000	657 807 000	298 968 000	16 000
Total Assets	668 303 000	759 908 000	428 286 000	104 728 000
Total Retained Equity	0	0	0	13 945 000
Total Equity	108 970 000	101 059 000	101 149 000	104 728 000
Total Long-Term Debt	428 158 000	437 954 000	211 824 000	1 000
Total Current Debt	131 176 000	220 895 000	115 314 000	0
Total Equity and Debt	668 303 000	759 908 000	428 286 000	104 728 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	171 432 000	117 819 000	103 901 000	0
Other Income	0	0	0	0
Revenue	171 432 000	117 819 000	103 901 000	0
Cost of Goods Sold	114 014 000	102 828 000	79 309 000	0
Salary Costs	24 498 000	7 264 000	13 016 000	0
Depreciation	7 653 000	2 081 000	2 341 000	0
Impairment	0	0	0	0
Expenditure	162 122 000	116 570 000	100 723 000	54 000
Operating Profit	9 310 000	1 249 000	3 176 000	−54 000
Financial Income	8 222 000	2 000	4 841 000	0
Financial Costs	13 736 000	2 294 000	3 596 000	0
Financial Balance	−5 514 000	−2 292 000	1 245 000	0
Dividends	0	0	0	0
Net Income	4 701 000	−90 000	3 871 000	−42 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 006 000	6 101 000	5 150 000	4 978 000
Real Eastate	324 814 000	80 515 000	81 992 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 373 000	805 000	996 000	0
Total Tangible Assets	327 187 000	81 320 000	82 988 000	0
Total Fiancial Fixed Assets	50 505 000	14 680 000	41 180 000	99 734 000
Total Fixed Assets	384 699 000	102 102 000	129 318 000	104 712 000
Stock	139 595 000	437 649 000	196 321 000	0
Total Investments	0	0	0	0
Cash, Bank	10 872 000	1 472 000	7 957 000	16 000
Total Current Assets	283 605 000	657 807 000	298 968 000	16 000
Total Assets	668 303 000	759 908 000	428 286 000	104 728 000
Total Equity	108 970 000	101 059 000	101 149 000	104 728 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	428 158 000	437 954 000	211 824 000	1 000
Creditors	17 795 000	28 221 000	22 867 000	0
Unpaid Taxes	3 878 000	745 000	837 000	0
Dividends	0	0	0	0
Other Current Debt	109 503 000	191 652 000	91 610 000	0
Total Current Debt	131 176 000	220 895 000	115 314 000	0
Total Equity and Debt	668 303 000	759 908 000	428 286 000	104 728 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,31 %	−0,09 %	3,83 %	−0,04 %
Debt-to-Equity Ratio	3,93	4,33	2,09	0
Operating Profit Margin	5,43 %	1,06 %	3,06 %	-
Current Ratio	2,16	2,98	2,59	-
Quick Ratio	−33,69	−3,03	−3,69	-
Equity Ratio	0,16	0,13	0,24	1
Gross Profit Margin	33,49 %	12,72 %	23,67 %	-