GRENLAND SPORT AS

3712 SKIEN

Finances

Return on Equity

12,8 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 860 000	1 800 000	2 165 000	2 012 000
Net Income	857 000	2 418 000	10 899 000	117 000
Total Assets	10 319 000	12 128 000	23 221 000	11 912 000
Total Equity	6 696 000	7 360 000	7 645 000	11 507 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 860 000	1 800 000	2 165 000	2 012 000
Expenditure	1 934 000	2 024 000	1 708 000	1 938 000
Operating Profit	−74 000	−225 000	456 000	73 000
Financial Income	1 113 000	2 761 000	10 658 000	280 000
Financial Costs	173 000	121 000	148 000	192 000
Financial Balance	940 000	2 640 000	10 510 000	88 000
Earnings Before Tax	866 000	2 415 000	10 966 000	162 000
Tax	10 000	−3 000	67 000	45 000
Net Income	857 000	2 418 000	10 899 000	117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 913 000	4 770 000	5 522 000	6 652 000
Total Current Assets	5 406 000	7 358 000	17 699 000	5 260 000
Total Assets	10 319 000	12 128 000	23 221 000	11 912 000
Total Retained Equity	4 926 000	5 590 000	5 875 000	7 968 000
Total Equity	6 696 000	7 360 000	7 645 000	11 507 000
Total Long-Term Debt	0	2 000	5 000	0
Total Current Debt	3 623 000	4 766 000	15 571 000	405 000
Total Equity and Debt	10 319 000	12 128 000	23 221 000	11 912 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 860 000	1 800 000	2 165 000	2 012 000
Revenue	1 860 000	1 800 000	2 165 000	2 012 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 514 000	1 575 000	1 303 000	1 465 000
Depreciation	52 000	52 000	89 000	91 000
Impairment	0	0	0	0
Expenditure	1 934 000	2 024 000	1 708 000	1 938 000
Operating Profit	−74 000	−225 000	456 000	73 000
Financial Income	1 113 000	2 761 000	10 658 000	280 000
Financial Costs	173 000	121 000	148 000	192 000
Financial Balance	940 000	2 640 000	10 510 000	88 000
Dividends	1 500 000	2 703 000	3 700 000	0
Net Income	857 000	2 418 000	10 899 000	117 000

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	91 000	0	0
Fixtures	113 000	75 000	218 000	46 000
Total Tangible Assets	113 000	166 000	218 000	46 000
Total Fiancial Fixed Assets	4 800 000	4 604 000	5 304 000	6 607 000
Total Fixed Assets	4 913 000	4 770 000	5 522 000	6 652 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	336 000	351 000	5 472 000	5 200 000
Total Current Assets	5 406 000	7 358 000	17 699 000	5 260 000
Total Assets	10 319 000	12 128 000	23 221 000	11 912 000
Total Equity	6 696 000	7 360 000	7 645 000	11 507 000
Short-Term Group Debt	1 674 000	1 674 000	11 518 000	0
Total Long-Term Debt	0	2 000	5 000	0
Creditors	120 000	27 000	16 000	6 000
Unpaid Taxes	136 000	193 000	158 000	205 000
Dividends	1 500 000	2 703 000	3 700 000	0
Other Current Debt	187 000	169 000	116 000	150 000
Total Current Debt	3 623 000	4 766 000	15 571 000	405 000
Total Equity and Debt	10 319 000	12 128 000	23 221 000	11 912 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,8 %	32,85 %	142,56 %	1,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,98 %	−12,5 %	21,06 %	3,63 %
Current Ratio	1,49	1,54	1,14	12,99
Quick Ratio	1,49	1,54	1,14	12,99
Equity Ratio	0,65	0,61	0,33	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %