GRENSEVEIEN 2 AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

38,64 %

Current Ratio

0,93

Debt-to-Equity Ratio

0,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 850 000	38 548 000	37 897 000	37 924 000
Net Income	22 662 000	20 858 000	19 580 000	20 941 000
Total Assets	165 922 000	165 446 000	173 423 000	182 001 000
Total Equity	58 656 000	58 338 000	57 538 000	57 241 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 850 000	38 548 000	37 897 000	37 924 000
Expenditure	9 090 000	9 436 000	10 595 000	7 949 000
Operating Profit	30 760 000	29 112 000	27 302 000	29 975 000
Financial Income	337 000	0	474 000	561 000
Financial Costs	2 044 000	2 371 000	2 672 000	2 976 000
Financial Balance	−1 707 000	−2 371 000	−2 198 000	−2 415 000
Earnings Before Tax	29 053 000	26 741 000	25 103 000	27 560 000
Tax	6 392 000	5 883 000	5 523 000	6 619 000
Net Income	22 662 000	20 858 000	19 580 000	20 941 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	112 388 000	108 459 000	110 303 000	112 433 000
Total Current Assets	53 534 000	56 987 000	63 120 000	69 568 000
Total Assets	165 922 000	165 446 000	173 423 000	182 001 000
Total Retained Equity	58 303 000	57 984 000	57 185 000	56 888 000
Total Equity	58 656 000	58 338 000	57 538 000	57 241 000
Total Long-Term Debt	50 000 000	60 000 000	70 000 000	80 000 000
Total Current Debt	57 266 000	47 109 000	45 884 000	44 760 000
Total Equity and Debt	165 922 000	165 446 000	173 423 000	182 001 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	39 850 000	38 548 000	37 897 000	37 924 000
Revenue	39 850 000	38 548 000	37 897 000	37 924 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	6 179 000	5 915 000	5 798 000	5 434 000
Impairment	0	0	0	0
Expenditure	9 090 000	9 436 000	10 595 000	7 949 000
Operating Profit	30 760 000	29 112 000	27 302 000	29 975 000
Financial Income	337 000	0	474 000	561 000
Financial Costs	2 044 000	2 371 000	2 672 000	2 976 000
Financial Balance	−1 707 000	−2 371 000	−2 198 000	−2 415 000
Dividends	0	0	0	0
Net Income	22 662 000	20 858 000	19 580 000	20 941 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 550 000	12 639 000	12 473 000	12 268 000
Real Eastate	99 839 000	95 819 000	97 829 000	100 165 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	99 839 000	95 819 000	97 829 000	100 165 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	112 388 000	108 459 000	110 303 000	112 433 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	53 534 000	56 987 000	63 120 000	69 568 000
Total Assets	165 922 000	165 446 000	173 423 000	182 001 000
Total Equity	58 656 000	58 338 000	57 538 000	57 241 000
Short-Term Group Debt	38 622 000	37 057 000	35 663 000	35 616 000
Total Long-Term Debt	50 000 000	60 000 000	70 000 000	80 000 000
Creditors	2 394 000	1 158 000	1 405 000	221 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	16 249 000	8 502 000	8 527 000	8 494 000
Total Current Debt	57 266 000	47 109 000	45 884 000	44 760 000
Total Equity and Debt	165 922 000	165 446 000	173 423 000	182 001 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,64 %	35,75 %	34,03 %	36,58 %
Debt-to-Equity Ratio	0,85	1,03	1,22	1,4
Operating Profit Margin	77,19 %	75,52 %	72,04 %	79,04 %
Current Ratio	0,93	1,21	1,38	1,55
Quick Ratio	0,93	1,21	1,38	1,55
Equity Ratio	0,35	0,35	0,33	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %