LEIF GRIMSRUD AS

1788 HALDEN

Finances

Return on Equity

12,81 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	791 678 000	709 760 000	705 366 000	788 210 000
Net Income	18 503 000	52 436 000	35 432 000	26 557 000
Total Assets	396 778 000	405 897 000	367 235 000	377 280 000
Total Equity	144 463 000	144 560 000	130 924 000	123 793 000

Income (NOK)	2022	2021	2020	2019
Revenue	791 678 000	709 760 000	705 366 000	788 210 000
Expenditure	766 828 000	671 946 000	658 772 000	745 453 000
Operating Profit	24 849 000	37 814 000	46 595 000	42 757 000
Financial Income	936 000	23 742 000	1 167 000	904 000
Financial Costs	2 008 000	796 000	2 311 000	8 254 000
Financial Balance	−1 072 000	22 946 000	−1 144 000	−7 350 000
Earnings Before Tax	23 777 000	60 760 000	45 451 000	35 407 000
Tax	5 274 000	8 324 000	10 019 000	8 851 000
Net Income	18 503 000	52 436 000	35 432 000	26 557 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	164 731 000	170 279 000	160 169 000	134 882 000
Total Current Assets	232 047 000	235 618 000	207 066 000	242 398 000
Total Assets	396 778 000	405 897 000	367 235 000	377 280 000
Total Retained Equity	79 519 000	79 616 000	65 980 000	58 849 000
Total Equity	144 463 000	144 560 000	130 924 000	123 793 000
Total Long-Term Debt	37 407 000	32 189 000	52 085 000	55 874 000
Total Current Debt	214 907 000	229 148 000	184 227 000	197 613 000
Total Equity and Debt	396 778 000	405 897 000	367 235 000	377 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	785 478 000	699 152 000	704 132 000	781 473 000
Other Income	6 199 000	10 608 000	1 234 000	6 737 000
Revenue	791 678 000	709 760 000	705 366 000	788 210 000
Cost of Goods Sold	412 802 000	351 298 000	353 746 000	439 567 000
Salary Costs	174 334 000	171 838 000	166 425 000	162 387 000
Depreciation	37 867 000	34 435 000	30 056 000	27 704 000
Impairment	0	0	0	0
Expenditure	766 828 000	671 946 000	658 772 000	745 453 000
Operating Profit	24 849 000	37 814 000	46 595 000	42 757 000
Financial Income	936 000	23 742 000	1 167 000	904 000
Financial Costs	2 008 000	796 000	2 311 000	8 254 000
Financial Balance	−1 072 000	22 946 000	−1 144 000	−7 350 000
Dividends	18 600 000	38 800 000	28 300 000	23 000 000
Net Income	18 503 000	52 436 000	35 432 000	26 557 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	308 000	26 000	43 000	43 000
Real Eastate	0	0	450 000	450 000
Machinery and Plant Facilities	126 912 000	132 743 000	122 167 000	113 351 000
Fixtures	0	0	0	0
Total Tangible Assets	126 912 000	132 743 000	122 617 000	113 801 000
Total Fiancial Fixed Assets	37 510 000	37 510 000	37 510 000	21 038 000
Total Fixed Assets	164 731 000	170 279 000	160 169 000	134 882 000
Stock	21 366 000	14 570 000	8 849 000	12 319 000
Total Investments	0	0	0	0
Cash, Bank	625 000	422 000	75 000	1 079 000
Total Current Assets	232 047 000	235 618 000	207 066 000	242 398 000
Total Assets	396 778 000	405 897 000	367 235 000	377 280 000
Total Equity	144 463 000	144 560 000	130 924 000	123 793 000
Short-Term Group Debt	12 509 000	35 678 000	21 621 000	28 399 000
Total Long-Term Debt	37 407 000	32 189 000	52 085 000	55 874 000
Creditors	148 951 000	91 359 000	96 853 000	111 610 000
Unpaid Taxes	13 805 000	15 670 000	20 760 000	11 891 000
Dividends	18 600 000	38 800 000	28 300 000	23 000 000
Other Current Debt	21 043 000	19 015 000	16 683 000	22 712 000
Total Current Debt	214 907 000	229 148 000	184 227 000	197 613 000
Total Equity and Debt	396 778 000	405 897 000	367 235 000	377 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,81 %	36,27 %	27,06 %	21,45 %
Debt-to-Equity Ratio	0,26	0,22	0,4	0,45
Operating Profit Margin	3,14 %	5,33 %	6,61 %	5,42 %
Current Ratio	1,08	1,03	1,12	1,23
Quick Ratio	1,2	1,1	1,18	1,31
Equity Ratio	0,36	0,36	0,36	0,33
Gross Profit Margin	47,86 %	50,5 %	49,85 %	44,23 %