GRINDSTUA AS

4014 STAVANGER

Finances

Return on Equity

0,38 %

Current Ratio

9,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 823 000	1 918 000	706 000	641 000
Net Income	62 000	105 000	−65 000	−1 000
Total Assets	16 996 000	17 192 000	16 493 000	19 088 000
Total Equity	16 475 000	16 413 000	16 308 000	16 373 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 823 000	1 918 000	706 000	641 000
Expenditure	2 591 000	1 632 000	699 000	593 000
Operating Profit	232 000	286 000	8 000	48 000
Financial Income	19 000	13 000	38 000	52 000
Financial Costs	0	50 000	24 000	38 000
Financial Balance	19 000	−37 000	14 000	14 000
Earnings Before Tax	250 000	249 000	22 000	62 000
Tax	188 000	144 000	87 000	63 000
Net Income	62 000	105 000	−65 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 231 000	13 499 000	13 394 000	12 762 000
Total Current Assets	4 765 000	3 693 000	3 099 000	6 326 000
Total Assets	16 996 000	17 192 000	16 493 000	19 088 000
Total Retained Equity	12 975 000	12 913 000	12 808 000	12 873 000
Total Equity	16 475 000	16 413 000	16 308 000	16 373 000
Total Long-Term Debt	0	0	6 000	2 588 000
Total Current Debt	521 000	779 000	179 000	127 000
Total Equity and Debt	16 996 000	17 192 000	16 493 000	19 088 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 163 000	1 299 000	110 000	60 000
Other Income	660 000	619 000	596 000	581 000
Revenue	2 823 000	1 918 000	706 000	641 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 592 000	921 000	0	0
Depreciation	0	0	0	24 000
Impairment	0	0	0	0
Expenditure	2 591 000	1 632 000	699 000	593 000
Operating Profit	232 000	286 000	8 000	48 000
Financial Income	19 000	13 000	38 000	52 000
Financial Costs	0	50 000	24 000	38 000
Financial Balance	19 000	−37 000	14 000	14 000
Dividends	0	0	0	0
Net Income	62 000	105 000	−65 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	1 000	4 000	5 000
Real Eastate	11 975 000	11 975 000	11 798 000	11 798 000
Machinery and Plant Facilities	0	1 084 000	1 084 000	704 000
Fixtures	0	0	0	0
Total Tangible Assets	11 975 000	13 059 000	12 882 000	12 502 000
Total Fiancial Fixed Assets	255 000	439 000	508 000	255 000
Total Fixed Assets	12 231 000	13 499 000	13 394 000	12 762 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 566 000	3 454 000	2 991 000	6 290 000
Total Current Assets	4 765 000	3 693 000	3 099 000	6 326 000
Total Assets	16 996 000	17 192 000	16 493 000	19 088 000
Total Equity	16 475 000	16 413 000	16 308 000	16 373 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	6 000	2 588 000
Creditors	11 000	121 000	11 000	9 000
Unpaid Taxes	145 000	380 000	26 000	56 000
Dividends	0	0	0	0
Other Current Debt	177 000	138 000	57 000	0
Total Current Debt	521 000	779 000	179 000	127 000
Total Equity and Debt	16 996 000	17 192 000	16 493 000	19 088 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,38 %	0,64 %	−0,4 %	−0,01 %
Debt-to-Equity Ratio	0	0	0	0,16
Operating Profit Margin	8,22 %	14,91 %	1,13 %	7,49 %
Current Ratio	9,15	4,74	17,31	49,81
Quick Ratio	9,15	4,74	17,31	49,81
Equity Ratio	0,97	0,95	0,99	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %