OLE GRONG HOLDING AS

6153 ØRSTA

Finances

Return on Equity

68,62 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 000	0	0	0
Net Income	269 000	114 000	22 000	187 000
Total Assets	532 000	588 000	1 360 000	2 603 000
Total Equity	392 000	448 000	834 000	1 860 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 000	0	0	0
Expenditure	52 000	69 000	77 000	82 000
Operating Profit	−39 000	−69 000	−77 000	−82 000
Financial Income	308 000	225 000	88 000	253 000
Financial Costs	0	0	0	0
Financial Balance	308 000	225 000	88 000	253 000
Earnings Before Tax	269 000	156 000	11 000	171 000
Tax	0	42 000	−11 000	−15 000
Net Income	269 000	114 000	22 000	187 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	242 000	471 000	1 155 000	101 000
Total Current Assets	290 000	116 000	205 000	2 502 000
Total Assets	532 000	588 000	1 360 000	2 603 000
Total Retained Equity	217 000	273 000	659 000	1 685 000
Total Equity	392 000	448 000	834 000	1 860 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	140 000	140 000	526 000	743 000
Total Equity and Debt	532 000	588 000	1 360 000	2 603 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	12 000	0	0	0
Revenue	12 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	18 000	26 000	18 000
Impairment	0	0	0	0
Expenditure	52 000	69 000	77 000	82 000
Operating Profit	−39 000	−69 000	−77 000	−82 000
Financial Income	308 000	225 000	88 000	253 000
Financial Costs	0	0	0	0
Financial Balance	308 000	225 000	88 000	253 000
Dividends	325 000	500 000	1 048 000	350 000
Net Income	269 000	114 000	22 000	187 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	42 000	31 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	8 000	26 000	52 000
Total Tangible Assets	0	8 000	26 000	52 000
Total Fiancial Fixed Assets	242 000	464 000	1 088 000	18 000
Total Fixed Assets	242 000	471 000	1 155 000	101 000
Stock	0	0	0	0
Total Investments	0	0	0	1 753 000
Cash, Bank	80 000	116 000	23 000	535 000
Total Current Assets	290 000	116 000	205 000	2 502 000
Total Assets	532 000	588 000	1 360 000	2 603 000
Total Equity	392 000	448 000	834 000	1 860 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	−4 000	6 000
Unpaid Taxes	0	0	0	0
Dividends	325 000	500 000	1 048 000	350 000
Other Current Debt	140 000	140 000	30 000	387 000
Total Current Debt	140 000	140 000	526 000	743 000
Total Equity and Debt	532 000	588 000	1 360 000	2 603 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,62 %	25,45 %	2,64 %	10,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−325 %	-	-	-
Current Ratio	2,07	0,83	0,39	3,37
Quick Ratio	2,07	0,83	0,39	3,37
Equity Ratio	0,74	0,76	0,61	0,71
Gross Profit Margin	100 %	-	-	-