GRØNDAL EIENDOM AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

10,74 %

Current Ratio

2,73

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	835 000	256 000	442 000	754 000
Net Income	365 000	−7 000	121 000	373 000
Total Assets	4 512 000	4 282 000	4 407 000	4 595 000
Total Equity	3 397 000	3 032 000	3 038 000	2 917 000

Income (NOK)	2022	2021	2020	2019
Revenue	835 000	256 000	442 000	754 000
Expenditure	365 000	264 000	279 000	254 000
Operating Profit	470 000	−7 000	163 000	500 000
Financial Income	3 000	3 000	4 000	1 000
Financial Costs	5 000	5 000	12 000	22 000
Financial Balance	−2 000	−2 000	−8 000	−21 000
Earnings Before Tax	468 000	−9 000	155 000	479 000
Tax	103 000	−2 000	34 000	105 000
Net Income	365 000	−7 000	121 000	373 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 884 000	3 940 000	4 014 000	4 103 000
Total Current Assets	628 000	342 000	394 000	493 000
Total Assets	4 512 000	4 282 000	4 407 000	4 595 000
Total Retained Equity	3 297 000	2 932 000	2 938 000	2 817 000
Total Equity	3 397 000	3 032 000	3 038 000	2 917 000
Total Long-Term Debt	885 000	1 179 000	1 215 000	1 437 000
Total Current Debt	230 000	71 000	154 000	241 000
Total Equity and Debt	4 512 000	4 282 000	4 407 000	4 595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	835 000	256 000	442 000	754 000
Revenue	835 000	256 000	442 000	754 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	56 000	74 000	89 000	89 000
Impairment	0	0	0	0
Expenditure	365 000	264 000	279 000	254 000
Operating Profit	470 000	−7 000	163 000	500 000
Financial Income	3 000	3 000	4 000	1 000
Financial Costs	5 000	5 000	12 000	22 000
Financial Balance	−2 000	−2 000	−8 000	−21 000
Dividends	0	0	0	0
Net Income	365 000	−7 000	121 000	373 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 884 000	3 940 000	3 996 000	4 051 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	18 000	51 000
Total Tangible Assets	3 884 000	3 940 000	4 014 000	4 103 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 884 000	3 940 000	4 014 000	4 103 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	502 000	225 000	351 000	381 000
Total Current Assets	628 000	342 000	394 000	493 000
Total Assets	4 512 000	4 282 000	4 407 000	4 595 000
Total Equity	3 397 000	3 032 000	3 038 000	2 917 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	885 000	1 179 000	1 215 000	1 437 000
Creditors	124 000	19 000	19 000	13 000
Unpaid Taxes	0	12 000	0	13 000
Dividends	0	0	0	0
Other Current Debt	4 000	41 000	96 000	107 000
Total Current Debt	230 000	71 000	154 000	241 000
Total Equity and Debt	4 512 000	4 282 000	4 407 000	4 595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,74 %	−0,23 %	3,98 %	12,79 %
Debt-to-Equity Ratio	0,26	0,39	0,4	0,49
Operating Profit Margin	56,29 %	−2,73 %	36,88 %	66,31 %
Current Ratio	2,73	4,82	2,56	2,05
Quick Ratio	2,73	4,82	2,56	2,05
Equity Ratio	0,75	0,71	0,69	0,63
Gross Profit Margin	100 %	100 %	100 %	100 %