GRENLAND LEILIGHETSHOTELL AS

3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

−403,61 %

Current Ratio

0,04

Debt-to-Equity Ratio

−6,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	720 000	811 000	743 000	713 000
Net Income	335 000	295 000	211 000	169 000
Total Assets	13 500 000	13 288 000	13 192 000	13 164 000
Total Equity	−83 000	−418 000	−713 000	−924 000

Income (NOK)	2022	2021	2020	2019
Revenue	720 000	811 000	743 000	713 000
Expenditure	362 000	379 000	344 000	327 000
Operating Profit	358 000	432 000	399 000	386 000
Financial Income	0	0	0	0
Financial Costs	23 000	137 000	188 000	217 000
Financial Balance	−23 000	−137 000	−188 000	−217 000
Earnings Before Tax	335 000	295 000	211 000	169 000
Tax	0	0	0	0
Net Income	335 000	295 000	211 000	169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 948 000	12 948 000	12 948 000	12 948 000
Total Current Assets	552 000	340 000	243 000	216 000
Total Assets	13 500 000	13 288 000	13 192 000	13 164 000
Total Retained Equity	−113 000	−448 000	−743 000	−954 000
Total Equity	−83 000	−418 000	−713 000	−924 000
Total Long-Term Debt	500 000	653 000	4 807 000	5 005 000
Total Current Debt	13 083 000	13 054 000	9 098 000	9 084 000
Total Equity and Debt	13 500 000	13 288 000	13 192 000	13 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	720 000	811 000	743 000	713 000
Other Income	0	0	0	0
Revenue	720 000	811 000	743 000	713 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 000	14 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	362 000	379 000	344 000	327 000
Operating Profit	358 000	432 000	399 000	386 000
Financial Income	0	0	0	0
Financial Costs	23 000	137 000	188 000	217 000
Financial Balance	−23 000	−137 000	−188 000	−217 000
Dividends	0	0	0	0
Net Income	335 000	295 000	211 000	169 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 948 000	12 948 000	12 948 000	12 948 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 948 000	12 948 000	12 948 000	12 948 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 948 000	12 948 000	12 948 000	12 948 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	552 000	340 000	243 000	216 000
Total Current Assets	552 000	340 000	243 000	216 000
Total Assets	13 500 000	13 288 000	13 192 000	13 164 000
Total Equity	−83 000	−418 000	−713 000	−924 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	500 000	653 000	4 807 000	5 005 000
Creditors	0	−11 000	0	36 000
Unpaid Taxes	1 000	3 000	0	0
Dividends	0	0	0	0
Other Current Debt	13 083 000	13 062 000	9 098 000	9 048 000
Total Current Debt	13 083 000	13 054 000	9 098 000	9 084 000
Total Equity and Debt	13 500 000	13 288 000	13 192 000	13 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−403,61 %	−70,57 %	−29,59 %	−18,29 %
Debt-to-Equity Ratio	−6,02	−1,56	−6,74	−5,42
Operating Profit Margin	49,72 %	53,27 %	53,7 %	54,14 %
Current Ratio	0,04	0,03	0,03	0,02
Quick Ratio	0,04	0,03	0,03	0,02
Equity Ratio	−0,01	−0,03	−0,05	−0,07
Gross Profit Margin	100 %	100 %	100 %	100 %