GRETLAND RENO AS

1712 GRÅLUM

Finances

Share Ownership

Return on Equity

59,61 %

Current Ratio

2,02

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 005 000	8 617 000	2 417 000	529 000
Net Income	1 888 000	1 604 000	137 000	26 000
Total Assets	6 098 000	4 113 000	802 000	481 000
Total Equity	3 167 000	1 629 000	185 000	48 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 005 000	8 617 000	2 417 000	529 000
Expenditure	13 520 000	6 530 000	2 241 000	498 000
Operating Profit	2 484 000	2 087 000	176 000	31 000
Financial Income	7 000	2 000	0	0
Financial Costs	46 000	31 000	1 000	0
Financial Balance	−39 000	−29 000	−1 000	0
Earnings Before Tax	2 445 000	2 059 000	176 000	31 000
Tax	556 000	455 000	39 000	5 000
Net Income	1 888 000	1 604 000	137 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 307 000	1 102 000	293 000	242 000
Total Current Assets	4 791 000	3 012 000	509 000	239 000
Total Assets	6 098 000	4 113 000	802 000	481 000
Total Retained Equity	3 137 000	1 599 000	163 000	26 000
Total Equity	3 167 000	1 629 000	185 000	48 000
Total Long-Term Debt	558 000	642 000	13 000	5 000
Total Current Debt	2 373 000	1 843 000	605 000	428 000
Total Equity and Debt	6 098 000	4 113 000	802 000	481 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 997 000	8 617 000	2 384 000	529 000
Other Income	8 000	0	33 000	0
Revenue	16 005 000	8 617 000	2 417 000	529 000
Cost of Goods Sold	4 772 000	2 434 000	478 000	3 000
Salary Costs	2 568 000	1 465 000	797 000	341 000
Depreciation	167 000	98 000	49 000	8 000
Impairment	0	0	0	0
Expenditure	13 520 000	6 530 000	2 241 000	498 000
Operating Profit	2 484 000	2 087 000	176 000	31 000
Financial Income	7 000	2 000	0	0
Financial Costs	46 000	31 000	1 000	0
Financial Balance	−39 000	−29 000	−1 000	0
Dividends	350 000	162 000	0	0
Net Income	1 888 000	1 604 000	137 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 288 000	1 077 000	293 000	242 000
Total Tangible Assets	1 288 000	1 077 000	293 000	242 000
Total Fiancial Fixed Assets	19 000	25 000	0	0
Total Fixed Assets	1 307 000	1 102 000	293 000	242 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 144 000	1 809 000	243 000	153 000
Total Current Assets	4 791 000	3 012 000	509 000	239 000
Total Assets	6 098 000	4 113 000	802 000	481 000
Total Equity	3 167 000	1 629 000	185 000	48 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	558 000	642 000	13 000	5 000
Creditors	991 000	702 000	213 000	19 000
Unpaid Taxes	454 000	302 000	104 000	42 000
Dividends	350 000	162 000	0	0
Other Current Debt	372 000	406 000	257 000	367 000
Total Current Debt	2 373 000	1 843 000	605 000	428 000
Total Equity and Debt	6 098 000	4 113 000	802 000	481 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,61 %	98,47 %	74,05 %	54,17 %
Debt-to-Equity Ratio	0,18	0,39	0,07	0,1
Operating Profit Margin	15,52 %	24,22 %	7,28 %	5,86 %
Current Ratio	2,02	1,63	0,84	0,56
Quick Ratio	2,02	1,63	0,84	0,56
Equity Ratio	0,52	0,4	0,23	0,1
Gross Profit Margin	70,18 %	71,75 %	80,22 %	99,43 %