GRIMSØY MARINE AS

1747 SKJEBERG

Finances

Share Ownership

Return on Equity

18,02 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 270 000	5 057 000	3 746 000	3 054 000
Net Income	1 484 000	453 000	885 000	785 000
Total Assets	10 519 000	9 469 000	9 728 000	7 493 000
Total Equity	8 234 000	8 470 000	8 018 000	7 133 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 270 000	5 057 000	3 746 000	3 054 000
Expenditure	2 402 000	4 471 000	2 617 000	2 080 000
Operating Profit	1 867 000	586 000	1 129 000	974 000
Financial Income	44 000	0	8 000	32 000
Financial Costs	8 000	6 000	2 000	0
Financial Balance	36 000	−6 000	6 000	32 000
Earnings Before Tax	1 903 000	580 000	1 135 000	1 006 000
Tax	419 000	128 000	250 000	221 000
Net Income	1 484 000	453 000	885 000	785 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 234 000	8 046 000	5 821 000	4 901 000
Total Current Assets	3 285 000	1 423 000	3 907 000	2 593 000
Total Assets	10 519 000	9 469 000	9 728 000	7 493 000
Total Retained Equity	5 822 000	6 058 000	5 606 000	4 721 000
Total Equity	8 234 000	8 470 000	8 018 000	7 133 000
Total Long-Term Debt	0	25 000	8 000	0
Total Current Debt	2 284 000	974 000	1 703 000	361 000
Total Equity and Debt	10 519 000	9 469 000	9 728 000	7 493 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 122 000	2 129 000	1 776 000	1 242 000
Other Income	3 148 000	2 928 000	1 969 000	1 812 000
Revenue	4 270 000	5 057 000	3 746 000	3 054 000
Cost of Goods Sold	938 000	1 824 000	1 470 000	1 084 000
Salary Costs	0	107 000	81 000	85 000
Depreciation	854 000	548 000	294 000	276 000
Impairment	0	0	0	0
Expenditure	2 402 000	4 471 000	2 617 000	2 080 000
Operating Profit	1 867 000	586 000	1 129 000	974 000
Financial Income	44 000	0	8 000	32 000
Financial Costs	8 000	6 000	2 000	0
Financial Balance	36 000	−6 000	6 000	32 000
Dividends	0	0	0	0
Net Income	1 484 000	453 000	885 000	785 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	42 000	0	0	3 000
Real Eastate	4 446 000	5 146 000	2 930 000	2 097 000
Machinery and Plant Facilities	0	0	329 000	216 000
Fixtures	2 746 000	2 900 000	2 563 000	2 584 000
Total Tangible Assets	7 192 000	8 046 000	5 821 000	4 897 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 234 000	8 046 000	5 821 000	4 901 000
Stock	67 000	155 000	55 000	74 000
Total Investments	0	0	0	0
Cash, Bank	3 047 000	1 013 000	702 000	460 000
Total Current Assets	3 285 000	1 423 000	3 907 000	2 593 000
Total Assets	10 519 000	9 469 000	9 728 000	7 493 000
Total Equity	8 234 000	8 470 000	8 018 000	7 133 000
Short-Term Group Debt	2 206 000	702 000	0	0
Total Long-Term Debt	0	25 000	8 000	0
Creditors	3 000	131 000	1 416 000	42 000
Unpaid Taxes	37 000	0	1 000	24 000
Dividends	0	0	0	0
Other Current Debt	38 000	30 000	47 000	63 000
Total Current Debt	2 284 000	974 000	1 703 000	361 000
Total Equity and Debt	10 519 000	9 469 000	9 728 000	7 493 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,02 %	5,35 %	11,04 %	11,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	43,72 %	11,59 %	30,14 %	31,89 %
Current Ratio	1,44	1,46	2,29	7,18
Quick Ratio	1,48	1,74	2,37	9,03
Equity Ratio	0,78	0,89	0,82	0,95
Gross Profit Margin	78,03 %	63,93 %	60,76 %	64,51 %