GRIMSTAD ELEKTROMARKED AS

4886 GRIMSTAD

Finances

Share Ownership

Return on Equity

−19,73 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 636 000	25 613 000	25 096 000	23 336 000
Net Income	−626 000	1 068 000	825 000	−62 000
Total Assets	6 716 000	6 595 000	6 727 000	7 068 000
Total Equity	3 173 000	3 799 000	3 531 000	3 306 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 636 000	25 613 000	25 096 000	23 336 000
Expenditure	23 204 000	24 378 000	23 979 000	23 288 000
Operating Profit	−568 000	1 235 000	1 117 000	48 000
Financial Income	4 000	144 000	2 000	2 000
Financial Costs	62 000	48 000	64 000	80 000
Financial Balance	−58 000	96 000	−62 000	−78 000
Earnings Before Tax	−626 000	1 331 000	1 055 000	−31 000
Tax	0	263 000	231 000	31 000
Net Income	−626 000	1 068 000	825 000	−62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 280 000	1 280 000	1 280 000	1 284 000
Total Current Assets	5 436 000	5 315 000	5 447 000	5 784 000
Total Assets	6 716 000	6 595 000	6 727 000	7 068 000
Total Retained Equity	2 773 000	3 399 000	3 131 000	2 906 000
Total Equity	3 173 000	3 799 000	3 531 000	3 306 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 542 000	2 796 000	3 196 000	3 761 000
Total Equity and Debt	6 716 000	6 595 000	6 727 000	7 068 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 608 000	25 592 000	25 093 000	23 248 000
Other Income	28 000	22 000	3 000	88 000
Revenue	22 636 000	25 613 000	25 096 000	23 336 000
Cost of Goods Sold	17 015 000	18 011 000	18 328 000	17 772 000
Salary Costs	4 015 000	4 580 000	4 098 000	3 417 000
Depreciation	0	0	4 000	112 000
Impairment	0	0	0	0
Expenditure	23 204 000	24 378 000	23 979 000	23 288 000
Operating Profit	−568 000	1 235 000	1 117 000	48 000
Financial Income	4 000	144 000	2 000	2 000
Financial Costs	62 000	48 000	64 000	80 000
Financial Balance	−58 000	96 000	−62 000	−78 000
Dividends	0	800 000	600 000	0
Net Income	−626 000	1 068 000	825 000	−62 000

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	0	0	0	4 000
Total Tangible Assets	0	0	0	4 000
Total Fiancial Fixed Assets	1 280 000	1 280 000	1 280 000	1 280 000
Total Fixed Assets	1 280 000	1 280 000	1 280 000	1 284 000
Stock	4 336 000	4 596 000	4 591 000	4 494 000
Total Investments	0	0	0	0
Cash, Bank	275 000	281 000	386 000	112 000
Total Current Assets	5 436 000	5 315 000	5 447 000	5 784 000
Total Assets	6 716 000	6 595 000	6 727 000	7 068 000
Total Equity	3 173 000	3 799 000	3 531 000	3 306 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 271 000	546 000	374 000	1 792 000
Unpaid Taxes	423 000	651 000	755 000	504 000
Dividends	0	800 000	600 000	0
Other Current Debt	421 000	536 000	500 000	601 000
Total Current Debt	3 542 000	2 796 000	3 196 000	3 761 000
Total Equity and Debt	6 716 000	6 595 000	6 727 000	7 068 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,73 %	28,11 %	23,36 %	−1,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,51 %	4,82 %	4,45 %	0,21 %
Current Ratio	1,53	1,9	1,7	1,54
Quick Ratio	−6,85	−2,95	−3,9	−7,89
Equity Ratio	0,47	0,58	0,52	0,47
Gross Profit Margin	24,83 %	29,68 %	26,97 %	23,84 %