GRUNDVIG HOLDING AS

1613 FREDRIKSTAD

Finances

Return on Equity

24,87 %

Current Ratio

445

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 000	5 000	14 000	0
Net Income	285 000	275 000	1 000	208 000
Total Assets	1 147 000	942 000	866 000	1 086 000
Total Equity	1 146 000	861 000	786 000	1 085 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 000	5 000	14 000	0
Expenditure	14 000	1 000	16 000	4 000
Operating Profit	−9 000	4 000	−2 000	−4 000
Financial Income	309 000	279 000	4 000	212 000
Financial Costs	15 000	6 000	0	0
Financial Balance	294 000	273 000	4 000	212 000
Earnings Before Tax	285 000	277 000	2 000	208 000
Tax	1 000	2 000	1 000	0
Net Income	285 000	275 000	1 000	208 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	702 000	607 000	543 000	530 000
Total Current Assets	445 000	335 000	323 000	556 000
Total Assets	1 147 000	942 000	866 000	1 086 000
Total Retained Equity	446 000	161 000	86 000	85 000
Total Equity	1 146 000	861 000	786 000	1 085 000
Total Long-Term Debt	0	79 000	79 000	1 000
Total Current Debt	1 000	2 000	1 000	0
Total Equity and Debt	1 147 000	942 000	866 000	1 086 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 000	5 000	14 000	0
Other Income	0	0	0	0
Revenue	5 000	5 000	14 000	0
Cost of Goods Sold	0	0	9 000	0
Salary Costs	0	0	0	0
Depreciation	6 000	6 000	6 000	0
Impairment	0	0	0	0
Expenditure	14 000	1 000	16 000	4 000
Operating Profit	−9 000	4 000	−2 000	−4 000
Financial Income	309 000	279 000	4 000	212 000
Financial Costs	15 000	6 000	0	0
Financial Balance	294 000	273 000	4 000	212 000
Dividends	0	200 000	0	0
Net Income	285 000	275 000	1 000	208 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	6 000	13 000	0
Total Tangible Assets	0	6 000	13 000	0
Total Fiancial Fixed Assets	702 000	601 000	530 000	530 000
Total Fixed Assets	702 000	607 000	543 000	530 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	434 000	330 000	326 000	538 000
Total Current Assets	445 000	335 000	323 000	556 000
Total Assets	1 147 000	942 000	866 000	1 086 000
Total Equity	1 146 000	861 000	786 000	1 085 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	79 000	79 000	1 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	200 000	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 000	2 000	1 000	0
Total Equity and Debt	1 147 000	942 000	866 000	1 086 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,87 %	31,94 %	0,13 %	19,17 %
Debt-to-Equity Ratio	0	0,09	0,1	0
Operating Profit Margin	−180 %	80 %	−14,29 %	-
Current Ratio	445	167,5	323	-
Quick Ratio	445	167,5	323	-
Equity Ratio	1	0,91	0,91	1
Gross Profit Margin	100 %	100 %	35,71 %	-