GRENDASERVICE AS

5705 VOSS

Finances

Share Ownership

Return on Equity

19,79 %

Current Ratio

3,08

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 343 000	11 924 000	10 899 000	7 157 000
Net Income	865 000	405 000	532 000	128 000
Total Assets	6 485 000	5 756 000	4 944 000	4 562 000
Total Equity	4 370 000	3 557 000	3 152 000	2 620 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 343 000	11 924 000	10 899 000	7 157 000
Expenditure	13 218 000	11 397 000	10 199 000	6 952 000
Operating Profit	1 124 000	528 000	700 000	205 000
Financial Income	10 000	16 000	11 000	12 000
Financial Costs	24 000	26 000	33 000	48 000
Financial Balance	−14 000	−10 000	−22 000	−36 000
Earnings Before Tax	1 110 000	518 000	679 000	168 000
Tax	245 000	113 000	147 000	40 000
Net Income	865 000	405 000	532 000	128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	103 000	149 000	175 000	38 000
Total Current Assets	6 382 000	5 607 000	4 769 000	4 523 000
Total Assets	6 485 000	5 756 000	4 944 000	4 562 000
Total Retained Equity	4 265 000	3 452 000	3 047 000	2 515 000
Total Equity	4 370 000	3 557 000	3 152 000	2 620 000
Total Long-Term Debt	40 000	40 000	200 000	315 000
Total Current Debt	2 075 000	2 159 000	1 593 000	1 626 000
Total Equity and Debt	6 485 000	5 756 000	4 944 000	4 562 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 319 000	11 900 000	10 899 000	7 156 000
Other Income	24 000	24 000	0	1 000
Revenue	14 343 000	11 924 000	10 899 000	7 157 000
Cost of Goods Sold	11 440 000	9 575 000	8 540 000	5 518 000
Salary Costs	1 039 000	1 144 000	1 014 000	967 000
Depreciation	46 000	47 000	65 000	40 000
Impairment	0	0	0	0
Expenditure	13 218 000	11 397 000	10 199 000	6 952 000
Operating Profit	1 124 000	528 000	700 000	205 000
Financial Income	10 000	16 000	11 000	12 000
Financial Costs	24 000	26 000	33 000	48 000
Financial Balance	−14 000	−10 000	−22 000	−36 000
Dividends	53 000	0	0	0
Net Income	865 000	405 000	532 000	128 000

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	60 000	87 000	94 000	36 000
Fixtures	43 000	62 000	81 000	2 000
Total Tangible Assets	103 000	149 000	175 000	38 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	103 000	149 000	175 000	38 000
Stock	4 033 000	3 717 000	3 100 000	2 463 000
Total Investments	0	0	0	0
Cash, Bank	108 000	93 000	150 000	72 000
Total Current Assets	6 382 000	5 607 000	4 769 000	4 523 000
Total Assets	6 485 000	5 756 000	4 944 000	4 562 000
Total Equity	4 370 000	3 557 000	3 152 000	2 620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 000	40 000	200 000	315 000
Creditors	709 000	1 765 000	1 179 000	1 064 000
Unpaid Taxes	391 000	187 000	185 000	274 000
Dividends	53 000	0	0	0
Other Current Debt	80 000	90 000	82 000	77 000
Total Current Debt	2 075 000	2 159 000	1 593 000	1 626 000
Total Equity and Debt	6 485 000	5 756 000	4 944 000	4 562 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,79 %	11,39 %	16,88 %	4,89 %
Debt-to-Equity Ratio	0,01	0,01	0,06	0,12
Operating Profit Margin	7,84 %	4,43 %	6,42 %	2,86 %
Current Ratio	3,08	2,6	2,99	2,78
Quick Ratio	−3,26	−3,6	−3,16	−5,4
Equity Ratio	0,67	0,62	0,64	0,57
Gross Profit Margin	20,24 %	19,7 %	21,64 %	22,9 %