GRØNLAND 64 AS

0250 OSLO

Finances

Share Ownership

Return on Equity

5,41 %

Current Ratio

4,21

Debt-to-Equity Ratio

1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 517 000	9 709 000	9 679 000	12 156 000
Net Income	2 834 000	1 951 000	2 504 000	3 999 000
Total Assets	119 387 000	115 446 000	128 901 000	139 255 000
Total Equity	52 337 000	52 544 000	52 529 000	52 375 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 517 000	9 709 000	9 679 000	12 156 000
Expenditure	5 586 000	5 338 000	5 463 000	5 655 000
Operating Profit	5 932 000	4 372 000	4 216 000	6 501 000
Financial Income	213 000	8 000	50 000	110 000
Financial Costs	2 511 000	1 878 000	1 055 000	1 484 000
Financial Balance	−2 298 000	−1 870 000	−1 005 000	−1 374 000
Earnings Before Tax	3 633 000	2 501 000	3 211 000	5 127 000
Tax	799 000	550 000	706 000	1 128 000
Net Income	2 834 000	1 951 000	2 504 000	3 999 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 252 000	105 507 000	109 570 000	113 157 000
Total Current Assets	18 135 000	9 940 000	19 331 000	26 098 000
Total Assets	119 387 000	115 446 000	128 901 000	139 255 000
Total Retained Equity	5 693 000	5 901 000	5 886 000	5 732 000
Total Equity	52 337 000	52 544 000	52 529 000	52 375 000
Total Long-Term Debt	62 741 000	60 303 000	68 423 000	73 839 000
Total Current Debt	4 310 000	2 599 000	7 948 000	13 041 000
Total Equity and Debt	119 387 000	115 446 000	128 901 000	139 255 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 000	1 000	1 000
Other Income	11 517 000	9 708 000	9 679 000	12 154 000
Revenue	11 517 000	9 709 000	9 679 000	12 156 000
Cost of Goods Sold	0	0	19 000	0
Salary Costs	0	0	0	0
Depreciation	4 256 000	4 217 000	4 215 000	4 215 000
Impairment	0	0	0	0
Expenditure	5 586 000	5 338 000	5 463 000	5 655 000
Operating Profit	5 932 000	4 372 000	4 216 000	6 501 000
Financial Income	213 000	8 000	50 000	110 000
Financial Costs	2 511 000	1 878 000	1 055 000	1 484 000
Financial Balance	−2 298 000	−1 870 000	−1 005 000	−1 374 000
Dividends	0	0	0	0
Net Income	2 834 000	1 951 000	2 504 000	3 999 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	101 241 000	105 481 000	109 531 000	113 104 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	25 000	40 000	54 000
Total Tangible Assets	101 252 000	105 507 000	109 570 000	113 157 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	101 252 000	105 507 000	109 570 000	113 157 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 592 000	9 700 000	15 852 000	14 956 000
Total Current Assets	18 135 000	9 940 000	19 331 000	26 098 000
Total Assets	119 387 000	115 446 000	128 901 000	139 255 000
Total Equity	52 337 000	52 544 000	52 529 000	52 375 000
Short-Term Group Debt	3 899 000	2 555 000	7 670 000	12 482 000
Total Long-Term Debt	62 741 000	60 303 000	68 423 000	73 839 000
Creditors	349 000	3 000	253 000	119 000
Unpaid Taxes	0	0	0	−18 000
Dividends	0	0	0	0
Other Current Debt	62 000	41 000	25 000	459 000
Total Current Debt	4 310 000	2 599 000	7 948 000	13 041 000
Total Equity and Debt	119 387 000	115 446 000	128 901 000	139 255 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,41 %	3,71 %	4,77 %	7,64 %
Debt-to-Equity Ratio	1,2	1,15	1,3	1,41
Operating Profit Margin	51,51 %	45,03 %	43,56 %	53,48 %
Current Ratio	4,21	3,82	2,43	2
Quick Ratio	4,21	3,82	2,43	2
Equity Ratio	0,44	0,46	0,41	0,38
Gross Profit Margin	100 %	100 %	99,8 %	100 %