STORVEIEN 9 GRESSVIK AS

9404 HARSTAD

Finances

Share Ownership

Return on Equity

15,5 %

Current Ratio

1,86

Debt-to-Equity Ratio

1,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 697 000	2 573 000	2 571 000	2 539 000
Net Income	1 469 000	1 242 000	1 298 000	1 162 000
Total Assets	21 541 000	21 031 000	20 554 000	20 168 000
Total Equity	9 476 000	8 234 000	7 337 000	6 236 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 697 000	2 573 000	2 571 000	2 539 000
Expenditure	492 000	708 000	570 000	635 000
Operating Profit	2 205 000	1 864 000	2 001 000	1 903 000
Financial Income	98 000	80 000	63 000	45 000
Financial Costs	421 000	352 000	401 000	458 000
Financial Balance	−323 000	−272 000	−338 000	−413 000
Earnings Before Tax	1 881 000	1 592 000	1 663 000	1 490 000
Tax	412 000	350 000	366 000	328 000
Net Income	1 469 000	1 242 000	1 298 000	1 162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 883 000	20 114 000	19 615 000	18 790 000
Total Current Assets	1 659 000	917 000	939 000	1 378 000
Total Assets	21 541 000	21 031 000	20 554 000	20 168 000
Total Retained Equity	8 284 000	7 042 000	6 146 000	5 044 000
Total Equity	9 476 000	8 234 000	7 337 000	6 236 000
Total Long-Term Debt	11 175 000	11 811 000	12 443 000	13 055 000
Total Current Debt	891 000	986 000	773 000	878 000
Total Equity and Debt	21 541 000	21 031 000	20 554 000	20 168 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 697 000	2 573 000	2 571 000	2 539 000
Revenue	2 697 000	2 573 000	2 571 000	2 539 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	285 000	285 000	285 000	285 000
Impairment	0	0	0	0
Expenditure	492 000	708 000	570 000	635 000
Operating Profit	2 205 000	1 864 000	2 001 000	1 903 000
Financial Income	98 000	80 000	63 000	45 000
Financial Costs	421 000	352 000	401 000	458 000
Financial Balance	−323 000	−272 000	−338 000	−413 000
Dividends	0	0	0	0
Net Income	1 469 000	1 242 000	1 298 000	1 162 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 372 000	15 657 000	15 942 000	16 228 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 372 000	15 657 000	15 942 000	16 228 000
Total Fiancial Fixed Assets	4 511 000	4 457 000	3 672 000	2 562 000
Total Fixed Assets	19 883 000	20 114 000	19 615 000	18 790 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 621 000	902 000	891 000	1 367 000
Total Current Assets	1 659 000	917 000	939 000	1 378 000
Total Assets	21 541 000	21 031 000	20 554 000	20 168 000
Total Equity	9 476 000	8 234 000	7 337 000	6 236 000
Short-Term Group Debt	291 000	443 000	0	0
Total Long-Term Debt	11 175 000	11 811 000	12 443 000	13 055 000
Creditors	20 000	113 000	24 000	76 000
Unpaid Taxes	104 000	77 000	103 000	89 000
Dividends	0	0	0	0
Other Current Debt	139 000	115 000	371 000	445 000
Total Current Debt	891 000	986 000	773 000	878 000
Total Equity and Debt	21 541 000	21 031 000	20 554 000	20 168 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,5 %	15,08 %	17,69 %	18,63 %
Debt-to-Equity Ratio	1,18	1,43	1,7	2,09
Operating Profit Margin	81,76 %	72,44 %	77,83 %	74,95 %
Current Ratio	1,86	0,93	1,21	1,57
Quick Ratio	1,86	0,93	1,21	1,57
Equity Ratio	0,44	0,39	0,36	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %