GRIMSTAD EIENDOM AS

4886 GRIMSTAD

Finances

Share Ownership

Return on Equity

331,86 %

Current Ratio

1,02

Debt-to-Equity Ratio

7,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	762 000	545 000	708 000	89 000
Net Income	750 000	258 000	−255 000	−612 000
Total Assets	2 187 000	3 236 000	3 319 000	6 557 000
Total Equity	226 000	−524 000	−1 152 000	−896 000

Income (NOK)	2022	2021	2020	2019
Revenue	762 000	545 000	708 000	89 000
Expenditure	310 000	224 000	744 000	391 000
Operating Profit	452 000	322 000	−36 000	−302 000
Financial Income	0	0	0	1 000
Financial Costs	67 000	63 000	219 000	311 000
Financial Balance	−67 000	−63 000	−219 000	−310 000
Earnings Before Tax	385 000	258 000	−255 000	−612 000
Tax	−365 000	0	0	0
Net Income	750 000	258 000	−255 000	−612 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 865 000	3 110 000	3 110 000	6 336 000
Total Current Assets	322 000	126 000	209 000	221 000
Total Assets	2 187 000	3 236 000	3 319 000	6 557 000
Total Retained Equity	26 000	−724 000	−1 352 000	−1 096 000
Total Equity	226 000	−524 000	−1 152 000	−896 000
Total Long-Term Debt	1 645 000	3 273 000	3 019 000	5 712 000
Total Current Debt	316 000	486 000	1 452 000	1 742 000
Total Equity and Debt	2 187 000	3 236 000	3 319 000	6 557 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	724 000	180 000	708 000	89 000
Other Income	38 000	365 000	0	0
Revenue	762 000	545 000	708 000	89 000
Cost of Goods Sold	0	0	119 000	192 000
Salary Costs	5 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	310 000	224 000	744 000	391 000
Operating Profit	452 000	322 000	−36 000	−302 000
Financial Income	0	0	0	1 000
Financial Costs	67 000	63 000	219 000	311 000
Financial Balance	−67 000	−63 000	−219 000	−310 000
Dividends	0	0	0	0
Net Income	750 000	258 000	−255 000	−612 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	365 000	0	0	0
Real Eastate	1 500 000	3 110 000	3 110 000	6 336 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 500 000	3 110 000	3 110 000	6 336 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 865 000	3 110 000	3 110 000	6 336 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	310 000	75 000	53 000	38 000
Total Current Assets	322 000	126 000	209 000	221 000
Total Assets	2 187 000	3 236 000	3 319 000	6 557 000
Total Equity	226 000	−524 000	−1 152 000	−896 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 645 000	3 273 000	3 019 000	5 712 000
Creditors	162 000	100 000	77 000	35 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	154 000	386 000	1 374 000	1 707 000
Total Current Debt	316 000	486 000	1 452 000	1 742 000
Total Equity and Debt	2 187 000	3 236 000	3 319 000	6 557 000

Financial indicators	2022	2021	2020	2019
Return on Equity	331,86 %	−49,24 %	22,14 %	68,3 %
Debt-to-Equity Ratio	7,28	−6,25	−2,62	−6,38
Operating Profit Margin	59,32 %	59,08 %	−5,08 %	−339,33 %
Current Ratio	1,02	0,26	0,14	0,13
Quick Ratio	1,02	0,26	0,14	0,13
Equity Ratio	0,1	−0,16	−0,35	−0,14
Gross Profit Margin	100 %	100 %	83,19 %	−115,73 %