GRENLAND UTVIKLING AS

3725 SKIEN

Finances

Share Ownership

Return on Equity

−14,47 %

Current Ratio

8,63

Debt-to-Equity Ratio

5,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	797 000
Net Income	−495 000	−1 807 000	301 000	611 000
Total Assets	25 586 000	371 000	3 600 000	0
Total Equity	3 421 000	337 000	1 756 000	−1 440 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	797 000
Expenditure	101 000	1 807 000	29 000	177 000
Operating Profit	−101 000	−1 807 000	−29 000	620 000
Financial Income	0	0	0	0
Financial Costs	372 000	0	0	8 000
Financial Balance	−372 000	0	0	−8 000
Earnings Before Tax	−473 000	−1 807 000	−29 000	611 000
Tax	22 000	0	−330 000	0
Net Income	−495 000	−1 807 000	301 000	611 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	1 800 000	0
Total Current Assets	25 586 000	371 000	1 800 000	0
Total Assets	25 586 000	371 000	3 600 000	0
Total Retained Equity	−3 471 000	−2 976 000	−1 169 000	−1 470 000
Total Equity	3 421 000	337 000	1 756 000	−1 440 000
Total Long-Term Debt	19 200 000	0	1 801 000	1 426 000
Total Current Debt	2 965 000	34 000	43 000	15 000
Total Equity and Debt	25 586 000	371 000	3 600 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	797 000
Revenue	0	0	0	797 000
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	101 000	1 807 000	29 000	177 000
Operating Profit	−101 000	−1 807 000	−29 000	620 000
Financial Income	0	0	0	0
Financial Costs	372 000	0	0	8 000
Financial Balance	−372 000	0	0	−8 000
Dividends	0	0	0	0
Net Income	−495 000	−1 807 000	301 000	611 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 800 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	1 800 000	0
Stock	21 649 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	150 000	2 000	0	0
Total Current Assets	25 586 000	371 000	1 800 000	0
Total Assets	25 586 000	371 000	3 600 000	0
Total Equity	3 421 000	337 000	1 756 000	−1 440 000
Short-Term Group Debt	2 932 000	0	0	0
Total Long-Term Debt	19 200 000	0	1 801 000	1 426 000
Creditors	0	0	10 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	34 000	34 000	33 000	4 000
Total Current Debt	2 965 000	34 000	43 000	15 000
Total Equity and Debt	25 586 000	371 000	3 600 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,47 %	−536,2 %	17,14 %	−42,43 %
Debt-to-Equity Ratio	5,61	0	1,03	−0,99
Operating Profit Margin	-	-	-	77,79 %
Current Ratio	8,63	10,91	41,86	0
Quick Ratio	−1,37	10,91	41,86	0
Equity Ratio	0,13	0,91	0,49	-
Gross Profit Margin	-	-	-	100 %