GROFONDET AS

1081 OSLO

Finances

Share Ownership

Return on Equity

−14,52 %

Current Ratio

8,15

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 000 000	10 000 000	10 000 000	10 000 000
Net Income	−19 041 000	15 761 000	10 194 000	17 985 000
Total Assets	158 298 000	193 111 000	188 812 000	191 378 000
Total Equity	131 168 000	160 209 000	154 447 000	154 254 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 000 000	10 000 000	10 000 000	10 000 000
Expenditure	7 672 000	12 446 000	9 670 000	8 584 000
Operating Profit	2 328 000	−2 446 000	330 000	1 416 000
Financial Income	21 825 000	18 267 000	10 550 000	20 948 000
Financial Costs	42 518 000	239 000	353 000	3 602 000
Financial Balance	−20 693 000	18 028 000	10 197 000	17 346 000
Earnings Before Tax	−18 365 000	15 583 000	10 527 000	18 762 000
Tax	675 000	−178 000	333 000	777 000
Net Income	−19 041 000	15 761 000	10 194 000	17 985 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	158 298 000	193 111 000	188 812 000	191 378 000
Total Assets	158 298 000	193 111 000	188 812 000	191 378 000
Total Retained Equity	9 801 000	38 842 000	33 081 000	32 887 000
Total Equity	131 168 000	160 209 000	154 447 000	154 254 000
Total Long-Term Debt	7 698 000	9 625 000	12 043 000	15 043 000
Total Current Debt	19 432 000	23 278 000	22 321 000	22 080 000
Total Equity and Debt	158 298 000	193 111 000	188 812 000	191 378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	10 000 000	10 000 000	10 000 000	10 000 000
Revenue	10 000 000	10 000 000	10 000 000	10 000 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 672 000	12 446 000	9 670 000	8 584 000
Operating Profit	2 328 000	−2 446 000	330 000	1 416 000
Financial Income	21 825 000	18 267 000	10 550 000	20 948 000
Financial Costs	42 518 000	239 000	353 000	3 602 000
Financial Balance	−20 693 000	18 028 000	10 197 000	17 346 000
Dividends	10 000 000	10 000 000	10 000 000	10 000 000
Net Income	−19 041 000	15 761 000	10 194 000	17 985 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	142 439 000	168 860 000	150 536 000	140 641 000
Cash, Bank	15 858 000	24 251 000	38 275 000	50 737 000
Total Current Assets	158 298 000	193 111 000	188 812 000	191 378 000
Total Assets	158 298 000	193 111 000	188 812 000	191 378 000
Total Equity	131 168 000	160 209 000	154 447 000	154 254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 698 000	9 625 000	12 043 000	15 043 000
Creditors	561 000	61 000	478 000	304 000
Unpaid Taxes	0	0	0	0
Dividends	10 000 000	10 000 000	10 000 000	10 000 000
Other Current Debt	6 269 000	10 977 000	8 510 000	7 227 000
Total Current Debt	19 432 000	23 278 000	22 321 000	22 080 000
Total Equity and Debt	158 298 000	193 111 000	188 812 000	191 378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,52 %	9,84 %	6,6 %	11,66 %
Debt-to-Equity Ratio	0,06	0,06	0,08	0,1
Operating Profit Margin	23,28 %	−24,46 %	3,3 %	14,16 %
Current Ratio	8,15	8,3	8,46	8,67
Quick Ratio	8,15	8,3	8,46	8,67
Equity Ratio	0,83	0,83	0,82	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %