GRINDE INVEST AS

5570 AKSDAL

Finances

Return on Equity

16,85 %

Current Ratio

2,07

Debt-to-Equity Ratio

3,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 444 000	5 311 000	5 182 000	5 182 000
Net Income	1 446 000	960 000	770 000	434 000
Total Assets	38 654 000	42 568 000	43 857 000	43 851 000
Total Equity	8 583 000	8 553 000	9 069 000	9 830 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 444 000	5 311 000	5 182 000	5 182 000
Expenditure	3 288 000	3 280 000	3 359 000	3 446 000
Operating Profit	2 156 000	2 032 000	1 822 000	1 735 000
Financial Income	636 000	6 000	135 000	3 000
Financial Costs	1 115 000	808 000	971 000	1 181 000
Financial Balance	−479 000	−802 000	−836 000	−1 178 000
Earnings Before Tax	1 677 000	1 230 000	987 000	557 000
Tax	232 000	271 000	217 000	123 000
Net Income	1 446 000	960 000	770 000	434 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 629 000	37 157 000	38 283 000	39 767 000
Total Current Assets	4 025 000	5 411 000	5 573 000	4 085 000
Total Assets	38 654 000	42 568 000	43 857 000	43 851 000
Total Retained Equity	2 825 000	2 795 000	3 310 000	4 072 000
Total Equity	8 583 000	8 553 000	9 069 000	9 830 000
Total Long-Term Debt	28 122 000	29 744 000	31 278 000	32 528 000
Total Current Debt	1 949 000	4 270 000	3 510 000	1 493 000
Total Equity and Debt	38 654 000	42 568 000	43 857 000	43 851 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 444 000	5 311 000	5 182 000	5 182 000
Revenue	5 444 000	5 311 000	5 182 000	5 182 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 371 000	2 529 000	2 885 000	2 907 000
Impairment	0	0	0	0
Expenditure	3 288 000	3 280 000	3 359 000	3 446 000
Operating Profit	2 156 000	2 032 000	1 822 000	1 735 000
Financial Income	636 000	6 000	135 000	3 000
Financial Costs	1 115 000	808 000	971 000	1 181 000
Financial Balance	−479 000	−802 000	−836 000	−1 178 000
Dividends	0	0	0	0
Net Income	1 446 000	960 000	770 000	434 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	170 000	3 000	0	0
Real Eastate	30 880 000	32 449 000	33 941 000	34 198 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 348 000	3 150 000	3 992 000	5 219 000
Total Tangible Assets	33 228 000	35 599 000	37 933 000	39 417 000
Total Fiancial Fixed Assets	1 230 000	1 555 000	350 000	350 000
Total Fixed Assets	34 629 000	37 157 000	38 283 000	39 767 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 917 000	231 000	2 697 000	1 285 000
Total Current Assets	4 025 000	5 411 000	5 573 000	4 085 000
Total Assets	38 654 000	42 568 000	43 857 000	43 851 000
Total Equity	8 583 000	8 553 000	9 069 000	9 830 000
Short-Term Group Debt	1 883 000	3 954 000	3 456 000	0
Total Long-Term Debt	28 122 000	29 744 000	31 278 000	32 528 000
Creditors	1 000	39 000	54 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	65 000	277 000	0	1 493 000
Total Current Debt	1 949 000	4 270 000	3 510 000	1 493 000
Total Equity and Debt	38 654 000	42 568 000	43 857 000	43 851 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,85 %	11,22 %	8,49 %	4,42 %
Debt-to-Equity Ratio	3,28	3,48	3,45	3,31
Operating Profit Margin	39,6 %	38,26 %	35,16 %	33,48 %
Current Ratio	2,07	1,27	1,59	2,74
Quick Ratio	2,07	1,27	1,59	2,74
Equity Ratio	0,22	0,2	0,21	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %