GRIMSTAD TRENINGSSENTER AS

4876 GRIMSTAD

Finances

Return on Equity

44,31 %

Current Ratio

1,96

Debt-to-Equity Ratio

2,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 106 000	4 006 000	4 208 000	4 628 000
Net Income	748 000	533 000	441 000	410 000
Total Assets	5 753 000	5 623 000	6 060 000	6 381 000
Total Equity	1 688 000	940 000	1 306 000	1 105 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 106 000	4 006 000	4 208 000	4 628 000
Expenditure	3 005 000	3 226 000	3 509 000	3 913 000
Operating Profit	1 100 000	780 000	699 000	715 000
Financial Income	0	0	0	0
Financial Costs	136 000	95 000	132 000	188 000
Financial Balance	−136 000	−95 000	−132 000	−188 000
Earnings Before Tax	963 000	685 000	567 000	527 000
Tax	215 000	151 000	126 000	117 000
Net Income	748 000	533 000	441 000	410 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 685 000	5 106 000	5 446 000	5 811 000
Total Current Assets	1 068 000	517 000	613 000	570 000
Total Assets	5 753 000	5 623 000	6 060 000	6 381 000
Total Retained Equity	1 588 000	840 000	1 206 000	1 005 000
Total Equity	1 688 000	940 000	1 306 000	1 105 000
Total Long-Term Debt	3 520 000	4 297 000	4 174 000	4 760 000
Total Current Debt	546 000	386 000	579 000	515 000
Total Equity and Debt	5 753 000	5 623 000	6 060 000	6 381 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 063 000	3 941 000	4 100 000	4 555 000
Other Income	42 000	65 000	108 000	73 000
Revenue	4 106 000	4 006 000	4 208 000	4 628 000
Cost of Goods Sold	117 000	278 000	155 000	242 000
Salary Costs	1 037 000	1 189 000	1 429 000	1 608 000
Depreciation	489 000	501 000	487 000	496 000
Impairment	0	0	0	0
Expenditure	3 005 000	3 226 000	3 509 000	3 913 000
Operating Profit	1 100 000	780 000	699 000	715 000
Financial Income	0	0	0	0
Financial Costs	136 000	95 000	132 000	188 000
Financial Balance	−136 000	−95 000	−132 000	−188 000
Dividends	0	0	0	0
Net Income	748 000	533 000	441 000	410 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	116 000	74 000	38 000	12 000
Real Eastate	4 242 000	4 515 000	4 788 000	5 030 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	332 000	522 000	625 000	769 000
Total Tangible Assets	4 574 000	5 037 000	5 413 000	5 799 000
Total Fiancial Fixed Assets	−5 000	−5 000	−5 000	0
Total Fixed Assets	4 685 000	5 106 000	5 446 000	5 811 000
Stock	10 000	5 000	8 000	6 000
Total Investments	15 000	15 000	15 000	15 000
Cash, Bank	842 000	462 000	562 000	507 000
Total Current Assets	1 068 000	517 000	613 000	570 000
Total Assets	5 753 000	5 623 000	6 060 000	6 381 000
Total Equity	1 688 000	940 000	1 306 000	1 105 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 520 000	4 297 000	4 174 000	4 760 000
Creditors	119 000	0	145 000	107 000
Unpaid Taxes	51 000	68 000	134 000	75 000
Dividends	0	0	0	0
Other Current Debt	119 000	131 000	148 000	196 000
Total Current Debt	546 000	386 000	579 000	515 000
Total Equity and Debt	5 753 000	5 623 000	6 060 000	6 381 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,31 %	56,7 %	33,77 %	37,1 %
Debt-to-Equity Ratio	2,09	4,57	3,2	4,31
Operating Profit Margin	26,79 %	19,47 %	16,61 %	15,45 %
Current Ratio	1,96	1,34	1,06	1,11
Quick Ratio	1,99	1,36	1,07	1,12
Equity Ratio	0,29	0,17	0,22	0,17
Gross Profit Margin	97,15 %	93,06 %	96,32 %	94,77 %