GRINITUN III BORETTSLAG

1400 SKI

Finances

Share Ownership

Return on Equity

7,31 %

Current Ratio

2,97

Debt-to-Equity Ratio

3,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	811 000	800 000	797 000	800 000
Net Income	226 000	237 000	225 000	257 000
Total Assets	13 205 000	13 053 000	13 186 000	13 275 000
Total Equity	3 093 000	2 867 000	2 630 000	2 406 000

Income (NOK)	2022	2021	2020	2019
Revenue	811 000	800 000	797 000	800 000
Expenditure	420 000	388 000	392 000	364 000
Operating Profit	391 000	411 000	405 000	436 000
Financial Income	4 000	0	1 000	3 000
Financial Costs	170 000	174 000	181 000	182 000
Financial Balance	−166 000	−174 000	−180 000	−179 000
Earnings Before Tax	226 000	237 000	225 000	257 000
Tax	0	0	0	0
Net Income	226 000	237 000	225 000	257 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 600 000	12 600 000	12 600 000	12 600 000
Total Current Assets	605 000	453 000	586 000	675 000
Total Assets	13 205 000	13 053 000	13 186 000	13 275 000
Total Retained Equity	3 058 000	2 832 000	2 595 000	2 371 000
Total Equity	3 093 000	2 867 000	2 630 000	2 406 000
Total Long-Term Debt	9 907 000	10 153 000	10 395 000	10 630 000
Total Current Debt	204 000	32 000	160 000	239 000
Total Equity and Debt	13 205 000	13 053 000	13 186 000	13 275 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	811 000	800 000	797 000	800 000
Revenue	811 000	800 000	797 000	800 000
Cost of Goods Sold	0	0	0	0
Salary Costs	17 000	15 000	13 000	13 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	420 000	388 000	392 000	364 000
Operating Profit	391 000	411 000	405 000	436 000
Financial Income	4 000	0	1 000	3 000
Financial Costs	170 000	174 000	181 000	182 000
Financial Balance	−166 000	−174 000	−180 000	−179 000
Dividends	0	0	0	0
Net Income	226 000	237 000	225 000	257 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 600 000	12 600 000	12 600 000	12 600 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 600 000	12 600 000	12 600 000	12 600 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 600 000	12 600 000	12 600 000	12 600 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	596 000	309 000	423 000	385 000
Total Current Assets	605 000	453 000	586 000	675 000
Total Assets	13 205 000	13 053 000	13 186 000	13 275 000
Total Equity	3 093 000	2 867 000	2 630 000	2 406 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 907 000	10 153 000	10 395 000	10 630 000
Creditors	161 000	23 000	2 000	18 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	43 000	9 000	158 000	221 000
Total Current Debt	204 000	32 000	160 000	239 000
Total Equity and Debt	13 205 000	13 053 000	13 186 000	13 275 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,31 %	8,27 %	8,56 %	10,68 %
Debt-to-Equity Ratio	3,2	3,54	3,95	4,42
Operating Profit Margin	48,21 %	51,38 %	50,82 %	54,5 %
Current Ratio	2,97	14,16	3,66	2,82
Quick Ratio	2,97	14,16	3,66	2,82
Equity Ratio	0,23	0,22	0,2	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %