GRØNLAND 32 B AS

3045 DRAMMEN

Finances

Share Ownership

Return on Equity

13,02 %

Current Ratio

0,68

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 509 000	8 663 000	8 415 000	8 686 000
Net Income	3 312 000	4 828 000	3 749 000	4 033 000
Total Assets	48 338 000	48 601 000	50 174 000	52 060 000
Total Equity	25 431 000	25 564 000	25 626 000	25 858 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 509 000	8 663 000	8 415 000	8 686 000
Expenditure	3 596 000	2 035 000	2 663 000	2 532 000
Operating Profit	4 913 000	6 627 000	5 751 000	6 154 000
Financial Income	27 000	0	6 000	14 000
Financial Costs	694 000	438 000	951 000	998 000
Financial Balance	−667 000	−438 000	−945 000	−984 000
Earnings Before Tax	4 246 000	6 190 000	4 807 000	5 171 000
Tax	934 000	1 362 000	1 057 000	1 138 000
Net Income	3 312 000	4 828 000	3 749 000	4 033 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 952 000	46 448 000	48 120 000	50 240 000
Total Current Assets	3 386 000	2 153 000	2 054 000	1 820 000
Total Assets	48 338 000	48 601 000	50 174 000	52 060 000
Total Retained Equity	5 330 000	5 463 000	5 525 000	5 758 000
Total Equity	25 431 000	25 564 000	25 626 000	25 858 000
Total Long-Term Debt	17 944 000	16 219 000	18 694 000	20 498 000
Total Current Debt	4 964 000	6 818 000	5 854 000	5 704 000
Total Equity and Debt	48 338 000	48 601 000	50 174 000	52 060 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 501 000	8 663 000	0	0
Other Income	7 000	0	8 415 000	8 686 000
Revenue	8 509 000	8 663 000	8 415 000	8 686 000
Cost of Goods Sold	0	0	0	−89 000
Salary Costs	0	0	0	0
Depreciation	1 867 000	1 869 000	2 219 000	2 209 000
Impairment	0	0	0	0
Expenditure	3 596 000	2 035 000	2 663 000	2 532 000
Operating Profit	4 913 000	6 627 000	5 751 000	6 154 000
Financial Income	27 000	0	6 000	14 000
Financial Costs	694 000	438 000	951 000	998 000
Financial Balance	−667 000	−438 000	−945 000	−984 000
Dividends	0	0	0	0
Net Income	3 312 000	4 828 000	3 749 000	4 033 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	44 952 000	46 448 000	48 120 000	50 240 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	44 952 000	46 448 000	48 120 000	50 240 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	44 952 000	46 448 000	48 120 000	50 240 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 610 000	1 724 000	1 974 000	1 377 000
Total Current Assets	3 386 000	2 153 000	2 054 000	1 820 000
Total Assets	48 338 000	48 601 000	50 174 000	52 060 000
Total Equity	25 431 000	25 564 000	25 626 000	25 858 000
Short-Term Group Debt	4 417 000	6 269 000	5 105 000	0
Total Long-Term Debt	17 944 000	16 219 000	18 694 000	20 498 000
Creditors	243 000	295 000	269 000	281 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	304 000	254 000	480 000	5 423 000
Total Current Debt	4 964 000	6 818 000	5 854 000	5 704 000
Total Equity and Debt	48 338 000	48 601 000	50 174 000	52 060 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,02 %	18,89 %	14,63 %	15,6 %
Debt-to-Equity Ratio	0,71	0,63	0,73	0,79
Operating Profit Margin	57,74 %	76,5 %	68,34 %	70,85 %
Current Ratio	0,68	0,32	0,35	0,32
Quick Ratio	0,68	0,32	0,35	0,32
Equity Ratio	0,53	0,53	0,51	0,5
Gross Profit Margin	100 %	100 %	100 %	101,02 %