GRINI HJEMMEBAKERI AS

1359 EIKSMARKA

Finances

Share Ownership

Return on Equity

12,32 %

Current Ratio

3,04

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 526 000	13 737 000	12 383 000	9 099 000
Net Income	1 221 000	1 154 000	2 100 000	525 000
Total Assets	16 009 000	14 088 000	9 955 000	7 028 000
Total Equity	9 908 000	8 687 000	7 533 000	5 433 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 526 000	13 737 000	12 383 000	9 099 000
Expenditure	14 909 000	12 222 000	9 696 000	8 431 000
Operating Profit	1 617 000	1 515 000	2 687 000	668 000
Financial Income	17 000	1 000	6 000	7 000
Financial Costs	68 000	35 000	0	0
Financial Balance	−51 000	−34 000	6 000	7 000
Earnings Before Tax	1 566 000	1 481 000	2 692 000	675 000
Tax	345 000	326 000	592 000	150 000
Net Income	1 221 000	1 154 000	2 100 000	525 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 588 000	3 316 000	3 449 000	1 655 000
Total Current Assets	12 421 000	10 772 000	6 505 000	5 373 000
Total Assets	16 009 000	14 088 000	9 955 000	7 028 000
Total Retained Equity	9 888 000	8 667 000	7 513 000	5 413 000
Total Equity	9 908 000	8 687 000	7 533 000	5 433 000
Total Long-Term Debt	2 013 000	2 243 000	15 000	9 000
Total Current Debt	4 088 000	3 159 000	2 407 000	1 586 000
Total Equity and Debt	16 009 000	14 088 000	9 955 000	7 028 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 519 000	13 737 000	11 015 000	9 099 000
Other Income	7 000	0	1 369 000	0
Revenue	16 526 000	13 737 000	12 383 000	9 099 000
Cost of Goods Sold	4 086 000	4 039 000	3 108 000	2 292 000
Salary Costs	6 641 000	5 267 000	4 297 000	3 977 000
Depreciation	635 000	487 000	352 000	225 000
Impairment	0	0	0	0
Expenditure	14 909 000	12 222 000	9 696 000	8 431 000
Operating Profit	1 617 000	1 515 000	2 687 000	668 000
Financial Income	17 000	1 000	6 000	7 000
Financial Costs	68 000	35 000	0	0
Financial Balance	−51 000	−34 000	6 000	7 000
Dividends	0	0	0	0
Net Income	1 221 000	1 154 000	2 100 000	525 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	9 000	0	0
Real Eastate	2 087 000	2 264 000	2 441 000	726 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 477 000	1 043 000	1 008 000	929 000
Total Tangible Assets	3 564 000	3 307 000	3 449 000	1 655 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 588 000	3 316 000	3 449 000	1 655 000
Stock	1 333 000	1 476 000	1 201 000	998 000
Total Investments	0	0	0	0
Cash, Bank	9 901 000	7 668 000	4 239 000	4 064 000
Total Current Assets	12 421 000	10 772 000	6 505 000	5 373 000
Total Assets	16 009 000	14 088 000	9 955 000	7 028 000
Total Equity	9 908 000	8 687 000	7 533 000	5 433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 013 000	2 243 000	15 000	9 000
Creditors	1 478 000	887 000	153 000	114 000
Unpaid Taxes	1 608 000	1 424 000	1 218 000	974 000
Dividends	0	0	0	0
Other Current Debt	642 000	498 000	450 000	353 000
Total Current Debt	4 088 000	3 159 000	2 407 000	1 586 000
Total Equity and Debt	16 009 000	14 088 000	9 955 000	7 028 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,32 %	13,28 %	27,88 %	9,66 %
Debt-to-Equity Ratio	0,2	0,26	0	0
Operating Profit Margin	9,78 %	11,03 %	21,7 %	7,34 %
Current Ratio	3,04	3,41	2,7	3,39
Quick Ratio	4,51	6,4	5,39	9,14
Equity Ratio	0,62	0,62	0,76	0,77
Gross Profit Margin	75,28 %	70,6 %	74,9 %	74,81 %