GRØNLAND 60 AS

0185 OSLO

Finances

Share Ownership

Return on Equity

5,74 %

Current Ratio

4,36

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 114 000	13 919 000	13 535 000	13 289 000
Net Income	8 977 000	7 091 000	7 291 000	7 168 000
Total Assets	176 177 000	178 536 000	188 291 000	187 251 000
Total Equity	156 489 000	157 000 000	157 362 000	170 553 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 114 000	13 919 000	13 535 000	13 289 000
Expenditure	4 504 000	4 999 000	4 520 000	4 836 000
Operating Profit	10 610 000	8 920 000	9 015 000	8 453 000
Financial Income	900 000	171 000	332 000	736 000
Financial Costs	0	0	0	0
Financial Balance	900 000	171 000	332 000	736 000
Earnings Before Tax	11 509 000	9 091 000	9 347 000	9 189 000
Tax	2 532 000	2 000 000	2 056 000	2 022 000
Net Income	8 977 000	7 091 000	7 291 000	7 168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	120 473 000	123 959 000	127 445 000	130 931 000
Total Current Assets	55 704 000	54 578 000	60 846 000	56 320 000
Total Assets	176 177 000	178 536 000	188 291 000	187 251 000
Total Retained Equity	−473 000	38 000	400 000	13 591 000
Total Equity	156 489 000	157 000 000	157 362 000	170 553 000
Total Long-Term Debt	6 919 000	7 064 000	7 166 000	7 220 000
Total Current Debt	12 769 000	14 473 000	23 763 000	9 478 000
Total Equity and Debt	176 177 000	178 536 000	188 291 000	187 251 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 967 000	13 750 000	323 000	12 980 000
Other Income	147 000	169 000	13 212 000	309 000
Revenue	15 114 000	13 919 000	13 535 000	13 289 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	3 486 000	3 486 000	3 486 000	3 630 000
Impairment	0	0	0	0
Expenditure	4 504 000	4 999 000	4 520 000	4 836 000
Operating Profit	10 610 000	8 920 000	9 015 000	8 453 000
Financial Income	900 000	171 000	332 000	736 000
Financial Costs	0	0	0	0
Financial Balance	900 000	171 000	332 000	736 000
Dividends	0	0	0	0
Net Income	8 977 000	7 091 000	7 291 000	7 168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	120 473 000	123 959 000	127 445 000	130 931 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	120 473 000	123 959 000	127 445 000	130 931 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	120 473 000	123 959 000	127 445 000	130 931 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	55 704 000	54 578 000	60 846 000	56 320 000
Total Assets	176 177 000	178 536 000	188 291 000	187 251 000
Total Equity	156 489 000	157 000 000	157 362 000	170 553 000
Short-Term Group Debt	12 164 000	9 555 000	9 592 000	8 959 000
Total Long-Term Debt	6 919 000	7 064 000	7 166 000	7 220 000
Creditors	71 000	233 000	183 000	295 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	534 000	4 685 000	989 000	224 000
Total Current Debt	12 769 000	14 473 000	23 763 000	9 478 000
Total Equity and Debt	176 177 000	178 536 000	188 291 000	187 251 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,74 %	4,52 %	4,63 %	4,2 %
Debt-to-Equity Ratio	0,04	0,04	0,05	0,04
Operating Profit Margin	70,2 %	64,09 %	66,61 %	63,61 %
Current Ratio	4,36	3,77	2,56	5,94
Quick Ratio	4,36	3,77	2,56	5,94
Equity Ratio	0,89	0,88	0,84	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %