GRØNLAND 68 AS

3045 DRAMMEN

Finances

Share Ownership

Return on Equity

165 %

Current Ratio

1,54

Debt-to-Equity Ratio

10,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 335 000	4 115 000	4 040 000	4 024 000
Net Income	2 008 000	1 936 000	1 808 000	622 000
Total Assets	16 817 000	16 724 000	16 925 000	19 151 000
Total Equity	1 217 000	1 250 000	1 214 000	1 102 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 335 000	4 115 000	4 040 000	4 024 000
Expenditure	1 363 000	1 321 000	1 330 000	2 691 000
Operating Profit	2 972 000	2 794 000	2 710 000	1 334 000
Financial Income	41 000	1 000	10 000	29 000
Financial Costs	439 000	312 000	401 000	565 000
Financial Balance	−398 000	−311 000	−391 000	−536 000
Earnings Before Tax	2 575 000	2 482 000	2 318 000	798 000
Tax	566 000	546 000	510 000	176 000
Net Income	2 008 000	1 936 000	1 808 000	622 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 250 000	13 307 000	14 382 000	15 480 000
Total Current Assets	4 567 000	3 417 000	2 542 000	3 671 000
Total Assets	16 817 000	16 724 000	16 925 000	19 151 000
Total Retained Equity	1 059 000	1 092 000	1 056 000	944 000
Total Equity	1 217 000	1 250 000	1 214 000	1 102 000
Total Long-Term Debt	12 637 000	12 762 000	13 276 000	17 114 000
Total Current Debt	2 963 000	2 711 000	2 435 000	935 000
Total Equity and Debt	16 817 000	16 724 000	16 925 000	19 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 286 000	4 079 000	4 050 000	3 985 000
Other Income	49 000	36 000	−11 000	39 000
Revenue	4 335 000	4 115 000	4 040 000	4 024 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 066 000	1 066 000	1 066 000	1 341 000
Impairment	0	0	0	0
Expenditure	1 363 000	1 321 000	1 330 000	2 691 000
Operating Profit	2 972 000	2 794 000	2 710 000	1 334 000
Financial Income	41 000	1 000	10 000	29 000
Financial Costs	439 000	312 000	401 000	565 000
Financial Balance	−398 000	−311 000	−391 000	−536 000
Dividends	0	0	0	0
Net Income	2 008 000	1 936 000	1 808 000	622 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	931 000	922 000	932 000	963 000
Real Eastate	11 319 000	12 385 000	13 451 000	14 500 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	16 000
Total Tangible Assets	11 319 000	12 385 000	13 451 000	14 516 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 250 000	13 307 000	14 382 000	15 480 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 078 000	3 236 000	2 485 000	3 553 000
Total Current Assets	4 567 000	3 417 000	2 542 000	3 671 000
Total Assets	16 817 000	16 724 000	16 925 000	19 151 000
Total Equity	1 217 000	1 250 000	1 214 000	1 102 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 637 000	12 762 000	13 276 000	17 114 000
Creditors	133 000	133 000	114 000	111 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 829 000	2 578 000	2 321 000	824 000
Total Current Debt	2 963 000	2 711 000	2 435 000	935 000
Total Equity and Debt	16 817 000	16 724 000	16 925 000	19 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	165 %	154,88 %	148,93 %	56,44 %
Debt-to-Equity Ratio	10,38	10,21	10,94	15,53
Operating Profit Margin	68,56 %	67,9 %	67,08 %	33,15 %
Current Ratio	1,54	1,26	1,04	3,93
Quick Ratio	1,54	1,26	1,04	3,93
Equity Ratio	0,07	0,07	0,07	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %