GRENLAND MINILAGER AS

3933 PORSGRUNN

Finances

Return on Equity

67,21 %

Current Ratio

2,12

Debt-to-Equity Ratio

2,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	854 000	846 000	882 000	1 074 000
Net Income	1 228 000	421 000	1 000	459 000
Total Assets	7 040 000	6 606 000	6 650 000	7 254 000
Total Equity	1 827 000	1 599 000	1 178 000	1 538 000

Income (NOK)	2022	2021	2020	2019
Revenue	854 000	846 000	882 000	1 074 000
Expenditure	489 000	478 000	524 000	535 000
Operating Profit	365 000	368 000	358 000	538 000
Financial Income	1 121 000	3 000	11 000	10 000
Financial Costs	228 000	−89 000	132 000	27 000
Financial Balance	893 000	92 000	−121 000	−17 000
Earnings Before Tax	1 259 000	460 000	237 000	521 000
Tax	30 000	39 000	236 000	62 000
Net Income	1 228 000	421 000	1 000	459 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 723 000	5 710 000	5 852 000	6 264 000
Total Current Assets	1 317 000	896 000	798 000	990 000
Total Assets	7 040 000	6 606 000	6 650 000	7 254 000
Total Retained Equity	680 000	452 000	31 000	30 000
Total Equity	1 827 000	1 599 000	1 178 000	1 538 000
Total Long-Term Debt	4 591 000	4 918 000	5 286 000	5 545 000
Total Current Debt	622 000	89 000	186 000	171 000
Total Equity and Debt	7 040 000	6 606 000	6 650 000	7 254 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	854 000	846 000	882 000	1 074 000
Revenue	854 000	846 000	882 000	1 074 000
Cost of Goods Sold	0	0	0	6 000
Salary Costs	0	0	0	0
Depreciation	434 000	426 000	462 000	481 000
Impairment	0	0	0	0
Expenditure	489 000	478 000	524 000	535 000
Operating Profit	365 000	368 000	358 000	538 000
Financial Income	1 121 000	3 000	11 000	10 000
Financial Costs	228 000	−89 000	132 000	27 000
Financial Balance	893 000	92 000	−121 000	−17 000
Dividends	548 000	0	0	0
Net Income	1 228 000	421 000	1 000	459 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	0	0	89 000
Real Eastate	3 909 000	3 988 000	4 290 000	4 612 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	270 000	332 000	456 000	569 000
Total Tangible Assets	4 179 000	4 320 000	4 746 000	5 181 000
Total Fiancial Fixed Assets	1 509 000	1 389 000	1 105 000	994 000
Total Fixed Assets	5 723 000	5 710 000	5 852 000	6 264 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	814 000	896 000	798 000	984 000
Total Current Assets	1 317 000	896 000	798 000	990 000
Total Assets	7 040 000	6 606 000	6 650 000	7 254 000
Total Equity	1 827 000	1 599 000	1 178 000	1 538 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 591 000	4 918 000	5 286 000	5 545 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	548 000	0	0	0
Other Current Debt	0	0	98 000	74 000
Total Current Debt	622 000	89 000	186 000	171 000
Total Equity and Debt	7 040 000	6 606 000	6 650 000	7 254 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,21 %	26,33 %	0,08 %	29,84 %
Debt-to-Equity Ratio	2,51	3,08	4,49	3,61
Operating Profit Margin	42,74 %	43,5 %	40,59 %	50,09 %
Current Ratio	2,12	10,07	4,29	5,79
Quick Ratio	2,12	10,07	4,29	5,79
Equity Ratio	0,26	0,24	0,18	0,21
Gross Profit Margin	100 %	100 %	100 %	99,44 %