GRUNNFJELLET EIENDOM AS

4323 SANDNES

Finances

Return on Equity

−3,76 %

Current Ratio

37,86

Debt-to-Equity Ratio

2,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	716 000	864 000	1 142 000	382 000
Net Income	−423 000	1 107 000	3 911 000	9 661 000
Total Assets	33 978 000	40 441 000	44 224 000	48 914 000
Total Equity	11 252 000	11 675 000	10 568 000	6 657 000

Income (NOK)	2022	2021	2020	2019
Revenue	716 000	864 000	1 142 000	382 000
Expenditure	470 000	676 000	482 000	234 000
Operating Profit	246 000	189 000	661 000	148 000
Financial Income	27 000	1 334 000	3 977 000	9 959 000
Financial Costs	695 000	417 000	727 000	446 000
Financial Balance	−668 000	917 000	3 250 000	9 513 000
Earnings Before Tax	−423 000	1 107 000	3 911 000	9 661 000
Tax	0	0	0	0
Net Income	−423 000	1 107 000	3 911 000	9 661 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 943 000	23 439 000	24 826 000	34 064 000
Total Current Assets	5 035 000	17 002 000	19 398 000	14 850 000
Total Assets	33 978 000	40 441 000	44 224 000	48 914 000
Total Retained Equity	9 257 000	9 680 000	8 573 000	4 662 000
Total Equity	11 252 000	11 675 000	10 568 000	6 657 000
Total Long-Term Debt	22 592 000	28 721 000	33 508 000	31 821 000
Total Current Debt	133 000	46 000	148 000	10 436 000
Total Equity and Debt	33 978 000	40 441 000	44 224 000	48 914 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	716 000	864 000	1 142 000	382 000
Revenue	716 000	864 000	1 142 000	382 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	98 000	27 000	24 000	24 000
Impairment	0	0	0	0
Expenditure	470 000	676 000	482 000	234 000
Operating Profit	246 000	189 000	661 000	148 000
Financial Income	27 000	1 334 000	3 977 000	9 959 000
Financial Costs	695 000	417 000	727 000	446 000
Financial Balance	−668 000	917 000	3 250 000	9 513 000
Dividends	0	0	0	0
Net Income	−423 000	1 107 000	3 911 000	9 661 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 998 000	20 683 000	24 054 000	18 902 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	13 000	27 000	41 000
Total Tangible Assets	15 998 000	20 696 000	24 081 000	18 942 000
Total Fiancial Fixed Assets	12 945 000	2 743 000	745 000	15 121 000
Total Fixed Assets	28 943 000	23 439 000	24 826 000	34 064 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	578 000	8 230 000	2 574 000	48 000
Total Current Assets	5 035 000	17 002 000	19 398 000	14 850 000
Total Assets	33 978 000	40 441 000	44 224 000	48 914 000
Total Equity	11 252 000	11 675 000	10 568 000	6 657 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 592 000	28 721 000	33 508 000	31 821 000
Creditors	8 000	0	102 000	32 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	125 000	45 000	47 000	10 404 000
Total Current Debt	133 000	46 000	148 000	10 436 000
Total Equity and Debt	33 978 000	40 441 000	44 224 000	48 914 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,76 %	9,48 %	37,01 %	145,13 %
Debt-to-Equity Ratio	2,01	2,46	3,17	4,78
Operating Profit Margin	34,36 %	21,88 %	57,88 %	38,74 %
Current Ratio	37,86	369,61	131,07	1,42
Quick Ratio	37,86	369,61	131,07	1,42
Equity Ratio	0,33	0,29	0,24	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %