GRENMAR EIENDOMSFORVALTNING AS

4611 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−13,24 %

Current Ratio

437

Debt-to-Equity Ratio

1,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	8 000	14 000
Net Income	−273 000	−134 000	−169 000	−199 000
Total Assets	4 649 000	4 279 000	4 223 000	4 268 000
Total Equity	2 062 000	2 062 000	2 062 000	2 062 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	8 000	14 000
Expenditure	259 000	154 000	175 000	214 000
Operating Profit	−259 000	−154 000	−167 000	−200 000
Financial Income	0	0	0	0
Financial Costs	91 000	18 000	50 000	55 000
Financial Balance	−91 000	−18 000	−50 000	−55 000
Earnings Before Tax	−350 000	−172 000	−217 000	−255 000
Tax	−77 000	−38 000	−48 000	−56 000
Net Income	−273 000	−134 000	−169 000	−199 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 212 000	3 978 000	3 978 000	3 978 000
Total Current Assets	437 000	301 000	245 000	290 000
Total Assets	4 649 000	4 279 000	4 223 000	4 268 000
Total Retained Equity	0	0	0	0
Total Equity	2 062 000	2 062 000	2 062 000	2 062 000
Total Long-Term Debt	2 586 000	2 217 000	0	0
Total Current Debt	1 000	0	2 162 000	2 206 000
Total Equity and Debt	4 649 000	4 279 000	4 223 000	4 268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	8 000	14 000
Revenue	0	0	8 000	14 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	259 000	154 000	175 000	214 000
Operating Profit	−259 000	−154 000	−167 000	−200 000
Financial Income	0	0	0	0
Financial Costs	91 000	18 000	50 000	55 000
Financial Balance	−91 000	−18 000	−50 000	−55 000
Dividends	0	0	0	0
Net Income	−273 000	−134 000	−169 000	−199 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 212 000	3 978 000	3 978 000	3 978 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 212 000	3 978 000	3 978 000	3 978 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 212 000	3 978 000	3 978 000	3 978 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	87 000	128 000	20 000	21 000
Total Current Assets	437 000	301 000	245 000	290 000
Total Assets	4 649 000	4 279 000	4 223 000	4 268 000
Total Equity	2 062 000	2 062 000	2 062 000	2 062 000
Short-Term Group Debt	0	0	2 161 000	1 898 000
Total Long-Term Debt	2 586 000	2 217 000	0	0
Creditors	1 000	0	1 000	308 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 000	0	2 162 000	2 206 000
Total Equity and Debt	4 649 000	4 279 000	4 223 000	4 268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,24 %	−6,5 %	−8,2 %	−9,65 %
Debt-to-Equity Ratio	1,25	1,08	0	0
Operating Profit Margin	-	-	−2 087,5 %	−1 428,57 %
Current Ratio	437	-	0,11	0,13
Quick Ratio	437	-	0,11	0,13
Equity Ratio	0,44	0,48	0,49	0,48
Gross Profit Margin	-	-	100 %	100 %