NORRØNA GRENLAND AS

3730 SKIEN

Finances

Share Ownership

Return on Equity

−73,89 %

Current Ratio

0,84

Debt-to-Equity Ratio

10,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 066 000	1 837 000	1 875 000	1 549 000
Net Income	−1 370 000	−1 019 000	−688 000	−994 000
Total Assets	23 734 000	24 597 000	28 804 000	27 596 000
Total Equity	1 854 000	1 899 000	1 315 000	439 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 066 000	1 837 000	1 875 000	1 549 000
Expenditure	3 105 000	2 496 000	2 241 000	2 266 000
Operating Profit	−1 039 000	−659 000	−365 000	−716 000
Financial Income	0	0	0	0
Financial Costs	718 000	648 000	517 000	558 000
Financial Balance	−718 000	−648 000	−517 000	−558 000
Earnings Before Tax	−1 757 000	−1 307 000	−882 000	−1 274 000
Tax	−386 000	−288 000	−194 000	−280 000
Net Income	−1 370 000	−1 019 000	−688 000	−994 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 903 000	22 422 000	22 698 000	23 198 000
Total Current Assets	1 831 000	2 174 000	6 106 000	4 398 000
Total Assets	23 734 000	24 597 000	28 804 000	27 596 000
Total Retained Equity	−8 192 000	−6 822 000	−5 803 000	−5 115 000
Total Equity	1 854 000	1 899 000	1 315 000	439 000
Total Long-Term Debt	19 700 000	20 172 000	26 439 000	25 388 000
Total Current Debt	2 180 000	2 525 000	1 050 000	1 769 000
Total Equity and Debt	23 734 000	24 597 000	28 804 000	27 596 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 013 000	1 837 000	1 875 000	1 549 000
Other Income	52 000	0	0	0
Revenue	2 066 000	1 837 000	1 875 000	1 549 000
Cost of Goods Sold	0	0	0	0
Salary Costs	90 000	90 000	49 000	0
Depreciation	520 000	510 000	501 000	501 000
Impairment	0	0	0	0
Expenditure	3 105 000	2 496 000	2 241 000	2 266 000
Operating Profit	−1 039 000	−659 000	−365 000	−716 000
Financial Income	0	0	0	0
Financial Costs	718 000	648 000	517 000	558 000
Financial Balance	−718 000	−648 000	−517 000	−558 000
Dividends	0	0	0	0
Net Income	−1 370 000	−1 019 000	−688 000	−994 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 903 000	22 422 000	22 698 000	23 198 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 903 000	22 422 000	22 698 000	23 198 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 903 000	22 422 000	22 698 000	23 198 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	0	0	0
Total Current Assets	1 831 000	2 174 000	6 106 000	4 398 000
Total Assets	23 734 000	24 597 000	28 804 000	27 596 000
Total Equity	1 854 000	1 899 000	1 315 000	439 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 700 000	20 172 000	26 439 000	25 388 000
Creditors	726 000	626 000	501 000	515 000
Unpaid Taxes	5 000	5 000	13 000	0
Dividends	0	0	0	0
Other Current Debt	204 000	710 000	5 000	0
Total Current Debt	2 180 000	2 525 000	1 050 000	1 769 000
Total Equity and Debt	23 734 000	24 597 000	28 804 000	27 596 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−73,89 %	−53,66 %	−52,32 %	−226,42 %
Debt-to-Equity Ratio	10,63	10,62	20,11	57,83
Operating Profit Margin	−50,29 %	−35,87 %	−19,47 %	−46,22 %
Current Ratio	0,84	0,86	5,82	2,49
Quick Ratio	0,84	0,86	5,82	2,49
Equity Ratio	0,08	0,08	0,05	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %