GRINDHAUGEN BORETTSLAG

6509 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

10,39 %

Current Ratio

9,1

Debt-to-Equity Ratio

13,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	327 000	317 000	317 000	317 000
Net Income	48 000	80 000	68 000	68 000
Total Assets	6 680 000	6 607 000	6 490 000	6 398 000
Total Equity	462 000	414 000	335 000	267 000

Income (NOK)	2022	2021	2020	2019
Revenue	327 000	317 000	317 000	317 000
Expenditure	195 000	179 000	179 000	158 000
Operating Profit	132 000	138 000	138 000	159 000
Financial Income	7 000	4 000	5 000	5 000
Financial Costs	91 000	62 000	75 000	96 000
Financial Balance	−84 000	−58 000	−70 000	−91 000
Earnings Before Tax	48 000	80 000	68 000	68 000
Tax	0	0	0	0
Net Income	48 000	80 000	68 000	68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 307 000	6 066 000	6 025 000	6 028 000
Total Current Assets	373 000	540 000	465 000	371 000
Total Assets	6 680 000	6 607 000	6 490 000	6 398 000
Total Retained Equity	442 000	394 000	315 000	247 000
Total Equity	462 000	414 000	335 000	267 000
Total Long-Term Debt	6 177 000	6 162 000	6 127 000	6 111 000
Total Current Debt	41 000	30 000	28 000	20 000
Total Equity and Debt	6 680 000	6 607 000	6 490 000	6 398 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	327 000	317 000	317 000	317 000
Revenue	327 000	317 000	317 000	317 000
Cost of Goods Sold	0	0	0	0
Salary Costs	9 000	6 000	8 000	7 000
Depreciation	12 000	5 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	195 000	179 000	179 000	158 000
Operating Profit	132 000	138 000	138 000	159 000
Financial Income	7 000	4 000	5 000	5 000
Financial Costs	91 000	62 000	75 000	96 000
Financial Balance	−84 000	−58 000	−70 000	−91 000
Dividends	0	0	0	0
Net Income	48 000	80 000	68 000	68 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 262 000	6 010 000	6 010 000	6 010 000
Machinery and Plant Facilities	44 000	56 000	14 000	17 000
Fixtures	0	0	0	0
Total Tangible Assets	6 306 000	6 066 000	6 024 000	6 027 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	6 307 000	6 066 000	6 025 000	6 028 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	357 000	525 000	451 000	357 000
Total Current Assets	373 000	540 000	465 000	371 000
Total Assets	6 680 000	6 607 000	6 490 000	6 398 000
Total Equity	462 000	414 000	335 000	267 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 177 000	6 162 000	6 127 000	6 111 000
Creditors	31 000	16 000	15 000	14 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	10 000	14 000	13 000	7 000
Total Current Debt	41 000	30 000	28 000	20 000
Total Equity and Debt	6 680 000	6 607 000	6 490 000	6 398 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,39 %	19,32 %	20,3 %	25,47 %
Debt-to-Equity Ratio	13,37	14,88	18,29	22,89
Operating Profit Margin	40,37 %	43,53 %	43,53 %	50,16 %
Current Ratio	9,1	18	16,61	18,55
Quick Ratio	9,1	18	16,61	18,55
Equity Ratio	0,07	0,06	0,05	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %