Erling Grimsrud AS

1792 TISTEDAL

Finances

Share Ownership

Return on Equity

0,74 %

Current Ratio

2,46

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 063 000	54 683 000	62 460 000	41 182 000
Net Income	254 000	7 546 000	9 452 000	5 626 000
Total Assets	44 973 000	48 340 000	45 781 000	33 986 000
Total Equity	34 342 000	34 088 000	26 698 000	22 602 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 063 000	54 683 000	62 460 000	41 182 000
Expenditure	47 808 000	45 047 000	50 389 000	34 050 000
Operating Profit	255 000	9 637 000	12 070 000	7 131 000
Financial Income	71 000	47 000	50 000	84 000
Financial Costs	1 000	2 000	0	0
Financial Balance	70 000	45 000	50 000	84 000
Earnings Before Tax	325 000	9 682 000	12 121 000	7 215 000
Tax	72 000	2 136 000	2 669 000	1 589 000
Net Income	254 000	7 546 000	9 452 000	5 626 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 067 000	9 343 000	11 345 000	7 762 000
Total Current Assets	24 906 000	38 997 000	34 436 000	26 223 000
Total Assets	44 973 000	48 340 000	45 781 000	33 986 000
Total Retained Equity	33 442 000	33 188 000	25 798 000	21 702 000
Total Equity	34 342 000	34 088 000	26 698 000	22 602 000
Total Long-Term Debt	500 000	500 000	500 000	500 000
Total Current Debt	10 132 000	13 752 000	18 583 000	10 884 000
Total Equity and Debt	44 973 000	48 340 000	45 781 000	33 986 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 571 000	54 083 000	62 214 000	40 939 000
Other Income	492 000	600 000	246 000	242 000
Revenue	48 063 000	54 683 000	62 460 000	41 182 000
Cost of Goods Sold	13 951 000	16 223 000	22 910 000	11 985 000
Salary Costs	16 131 000	16 019 000	15 703 000	13 123 000
Depreciation	3 485 000	3 352 000	3 232 000	2 503 000
Impairment	0	0	0	0
Expenditure	47 808 000	45 047 000	50 389 000	34 050 000
Operating Profit	255 000	9 637 000	12 070 000	7 131 000
Financial Income	71 000	47 000	50 000	84 000
Financial Costs	1 000	2 000	0	0
Financial Balance	70 000	45 000	50 000	84 000
Dividends	0	0	0	0
Net Income	254 000	7 546 000	9 452 000	5 626 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	550 000	549 000	92 000	355 000
Real Eastate	12 679 000	1 483 000	1 534 000	1 675 000
Machinery and Plant Facilities	5 801 000	6 178 000	8 190 000	4 295 000
Fixtures	1 037 000	1 133 000	1 529 000	1 437 000
Total Tangible Assets	19 517 000	8 794 000	11 253 000	7 407 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 067 000	9 343 000	11 345 000	7 762 000
Stock	772 000	1 327 000	2 655 000	5 130 000
Total Investments	0	0	0	0
Cash, Bank	13 855 000	28 492 000	21 341 000	15 303 000
Total Current Assets	24 906 000	38 997 000	34 436 000	26 223 000
Total Assets	44 973 000	48 340 000	45 781 000	33 986 000
Total Equity	34 342 000	34 088 000	26 698 000	22 602 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	500 000	500 000	500 000	500 000
Creditors	2 217 000	3 004 000	3 259 000	1 128 000
Unpaid Taxes	4 227 000	3 116 000	2 686 000	1 420 000
Dividends	0	0	0	0
Other Current Debt	3 615 000	5 083 000	10 276 000	6 646 000
Total Current Debt	10 132 000	13 752 000	18 583 000	10 884 000
Total Equity and Debt	44 973 000	48 340 000	45 781 000	33 986 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,74 %	22,14 %	35,4 %	24,89 %
Debt-to-Equity Ratio	0,01	0,01	0,02	0,02
Operating Profit Margin	0,53 %	17,62 %	19,32 %	17,32 %
Current Ratio	2,46	2,84	1,85	2,41
Quick Ratio	2,66	3,14	2,16	4,56
Equity Ratio	0,76	0,71	0,58	0,67
Gross Profit Margin	70,97 %	70,33 %	63,32 %	70,9 %