GANNESTAD BORETTSLAG

3182 HORTEN

Finances

Share Ownership

Return on Equity

18,2 %

Current Ratio

5,75

Debt-to-Equity Ratio

9,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 730 000	1 644 000	1 660 000	1 817 000
Net Income	798 000	926 000	1 152 000	866 000
Total Assets	47 869 000	47 916 000	47 804 000	47 723 000
Total Equity	4 384 000	3 586 000	2 660 000	1 508 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 730 000	1 644 000	1 660 000	1 817 000
Expenditure	1 440 000	1 240 000	979 000	1 230 000
Operating Profit	909 000	1 017 000	1 284 000	1 036 000
Financial Income	9 000	1 000	1 000	3 000
Financial Costs	120 000	93 000	133 000	173 000
Financial Balance	−111 000	−92 000	−132 000	−170 000
Earnings Before Tax	798 000	926 000	1 152 000	866 000
Tax	0	0	0	0
Net Income	798 000	926 000	1 152 000	866 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 030 000	46 973 000	46 973 000	46 973 000
Total Current Assets	839 000	943 000	831 000	751 000
Total Assets	47 869 000	47 916 000	47 804 000	47 723 000
Total Retained Equity	4 279 000	3 481 000	2 555 000	1 403 000
Total Equity	4 384 000	3 586 000	2 660 000	1 508 000
Total Long-Term Debt	43 340 000	44 232 000	45 085 000	45 938 000
Total Current Debt	146 000	99 000	59 000	277 000
Total Equity and Debt	47 869 000	47 916 000	47 804 000	47 723 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 348 000	2 257 000	2 263 000	2 266 000
Revenue	1 730 000	1 644 000	1 660 000	1 817 000
Cost of Goods Sold	0	0	0	0
Salary Costs	48 000	48 000	46 000	48 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 440 000	1 240 000	979 000	1 230 000
Operating Profit	909 000	1 017 000	1 284 000	1 036 000
Financial Income	9 000	1 000	1 000	3 000
Financial Costs	120 000	93 000	133 000	173 000
Financial Balance	−111 000	−92 000	−132 000	−170 000
Dividends	0	0	0	0
Net Income	798 000	926 000	1 152 000	866 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	46 973 000	46 973 000	46 973 000	46 973 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	57 000	0	0	0
Total Tangible Assets	47 030 000	46 973 000	46 973 000	46 973 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	47 030 000	46 973 000	46 973 000	46 973 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	754 000	911 000	801 000	623 000
Total Current Assets	839 000	943 000	831 000	751 000
Total Assets	47 869 000	47 916 000	47 804 000	47 723 000
Total Equity	4 384 000	3 586 000	2 660 000	1 508 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	43 340 000	44 232 000	45 085 000	45 938 000
Creditors	91 000	12 000	43 000	238 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	55 000	86 000	16 000	39 000
Total Current Debt	146 000	99 000	59 000	277 000
Total Equity and Debt	47 869 000	47 916 000	47 804 000	47 723 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,2 %	25,82 %	43,31 %	57,43 %
Debt-to-Equity Ratio	9,89	12,33	16,95	30,46
Operating Profit Margin	52,54 %	61,86 %	77,35 %	57,02 %
Current Ratio	5,75	9,53	14,08	2,71
Quick Ratio	5,75	9,53	14,08	2,71
Equity Ratio	0,09	0,07	0,06	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %