GRENLAND ARENA AS

3717 SKIEN

Finances

Share Ownership

Return on Equity

−6,48 %

Current Ratio

0,46

Debt-to-Equity Ratio

8,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 687 000	20 016 000	23 142 000	25 836 000
Net Income	−1 656 000	519 000	484 000	986 000
Total Assets	253 548 000	245 204 000	253 105 000	258 758 000
Total Equity	25 575 000	28 730 000	29 711 000	30 727 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 687 000	20 016 000	23 142 000	25 836 000
Expenditure	14 011 000	12 616 000	15 525 000	16 548 000
Operating Profit	6 676 000	7 400 000	7 615 000	9 287 000
Financial Income	3 000	51 000	183 000	210 000
Financial Costs	8 799 000	6 780 000	7 165 000	8 221 000
Financial Balance	−8 796 000	−6 729 000	−6 982 000	−8 011 000
Earnings Before Tax	−2 120 000	670 000	633 000	1 276 000
Tax	−464 000	151 000	149 000	290 000
Net Income	−1 656 000	519 000	484 000	986 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	249 425 000	242 187 000	235 015 000	238 793 000
Total Current Assets	4 123 000	3 016 000	18 090 000	19 965 000
Total Assets	253 548 000	245 204 000	253 105 000	258 758 000
Total Retained Equity	−2 402 000	754 000	1 734 000	2 751 000
Total Equity	25 575 000	28 730 000	29 711 000	30 727 000
Total Long-Term Debt	219 100 000	213 000 000	218 423 000	224 235 000
Total Current Debt	8 874 000	3 474 000	4 971 000	3 797 000
Total Equity and Debt	253 548 000	245 204 000	253 105 000	258 758 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	890 000	848 000	1 005 000	1 033 000
Other Income	19 797 000	19 168 000	22 136 000	24 804 000
Revenue	20 687 000	20 016 000	23 142 000	25 836 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	27 000	26 000	27 000
Depreciation	9 903 000	9 143 000	9 241 000	9 160 000
Impairment	0	0	0	0
Expenditure	14 011 000	12 616 000	15 525 000	16 548 000
Operating Profit	6 676 000	7 400 000	7 615 000	9 287 000
Financial Income	3 000	51 000	183 000	210 000
Financial Costs	8 799 000	6 780 000	7 165 000	8 221 000
Financial Balance	−8 796 000	−6 729 000	−6 982 000	−8 011 000
Dividends	1 500 000	1 500 000	1 500 000	2 200 000
Net Income	−1 656 000	519 000	484 000	986 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	941 000	310 000	0	0
Real Eastate	247 867 000	241 743 000	234 935 000	238 513 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	618 000	134 000	79 000	128 000
Total Tangible Assets	248 484 000	241 877 000	235 015 000	238 641 000
Total Fiancial Fixed Assets	0	0	0	152 000
Total Fixed Assets	249 425 000	242 187 000	235 015 000	238 793 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	991 000	1 164 000	14 899 000	18 179 000
Total Current Assets	4 123 000	3 016 000	18 090 000	19 965 000
Total Assets	253 548 000	245 204 000	253 105 000	258 758 000
Total Equity	25 575 000	28 730 000	29 711 000	30 727 000
Short-Term Group Debt	4 500 000	0	0	0
Total Long-Term Debt	219 100 000	213 000 000	218 423 000	224 235 000
Creditors	2 084 000	952 000	2 196 000	552 000
Unpaid Taxes	332 000	0	0	0
Dividends	1 500 000	1 500 000	1 500 000	2 200 000
Other Current Debt	292 000	337 000	514 000	217 000
Total Current Debt	8 874 000	3 474 000	4 971 000	3 797 000
Total Equity and Debt	253 548 000	245 204 000	253 105 000	258 758 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,48 %	1,81 %	1,63 %	3,21 %
Debt-to-Equity Ratio	8,57	7,41	7,35	7,3
Operating Profit Margin	32,27 %	36,97 %	32,91 %	35,95 %
Current Ratio	0,46	0,87	3,64	5,26
Quick Ratio	0,46	0,87	3,64	5,26
Equity Ratio	0,1	0,12	0,12	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %