AS GRIMSTAD ADRESSETIDENDE

4876 GRIMSTAD

Finances

Return on Equity

5 813,46 %

Current Ratio

0,96

Debt-to-Equity Ratio

43,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 132 000	23 064 000	20 878 000	22 119 000
Net Income	3 023 000	2 119 000	612 000	1 280 000
Total Assets	13 377 000	12 377 000	10 296 000	7 561 000
Total Equity	52 000	304 000	467 000	380 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 132 000	23 064 000	20 878 000	22 119 000
Expenditure	21 289 000	20 952 000	20 172 000	20 657 000
Operating Profit	2 843 000	2 113 000	707 000	1 462 000
Financial Income	198 000	59 000	78 000	180 000
Financial Costs	79 000	89 000	1 000	0
Financial Balance	119 000	−30 000	77 000	180 000
Earnings Before Tax	2 962 000	2 084 000	784 000	1 642 000
Tax	−61 000	−36 000	172 000	362 000
Net Income	3 023 000	2 119 000	612 000	1 280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 694 000	2 621 000	296 000	151 000
Total Current Assets	10 684 000	9 756 000	10 000 000	7 410 000
Total Assets	13 377 000	12 377 000	10 296 000	7 561 000
Total Retained Equity	2 000	254 000	417 000	330 000
Total Equity	52 000	304 000	467 000	380 000
Total Long-Term Debt	2 247 000	3 125 000	890 000	0
Total Current Debt	11 078 000	8 948 000	8 939 000	7 181 000
Total Equity and Debt	13 377 000	12 377 000	10 296 000	7 561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 979 000	22 942 000	20 233 000	22 114 000
Other Income	153 000	122 000	645 000	5 000
Revenue	24 132 000	23 064 000	20 878 000	22 119 000
Cost of Goods Sold	4 958 000	4 799 000	4 649 000	4 632 000
Salary Costs	6 337 000	6 530 000	7 848 000	8 691 000
Depreciation	579 000	544 000	25 000	32 000
Impairment	0	0	0	0
Expenditure	21 289 000	20 952 000	20 172 000	20 657 000
Operating Profit	2 843 000	2 113 000	707 000	1 462 000
Financial Income	198 000	59 000	78 000	180 000
Financial Costs	79 000	89 000	1 000	0
Financial Balance	119 000	−30 000	77 000	180 000
Dividends	0	0	0	0
Net Income	3 023 000	2 119 000	612 000	1 280 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	477 000	37 000	0	16 000
Real Eastate	2 095 000	2 488 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	66 000	91 000	121 000	67 000
Total Tangible Assets	2 160 000	2 580 000	121 000	67 000
Total Fiancial Fixed Assets	57 000	4 000	175 000	67 000
Total Fixed Assets	2 694 000	2 621 000	296 000	151 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	108 000	6 479 000	8 217 000	5 951 000
Total Current Assets	10 684 000	9 756 000	10 000 000	7 410 000
Total Assets	13 377 000	12 377 000	10 296 000	7 561 000
Total Equity	52 000	304 000	467 000	380 000
Short-Term Group Debt	3 275 000	2 247 000	0	0
Total Long-Term Debt	2 247 000	3 125 000	890 000	0
Creditors	1 258 000	467 000	2 813 000	158 000
Unpaid Taxes	525 000	521 000	434 000	228 000
Dividends	0	0	0	0
Other Current Debt	5 948 000	5 713 000	5 692 000	6 795 000
Total Current Debt	11 078 000	8 948 000	8 939 000	7 181 000
Total Equity and Debt	13 377 000	12 377 000	10 296 000	7 561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5 813,46 %	697,04 %	131,05 %	336,84 %
Debt-to-Equity Ratio	43,21	10,28	1,91	0
Operating Profit Margin	11,78 %	9,16 %	3,39 %	6,61 %
Current Ratio	0,96	1,09	1,12	1,03
Quick Ratio	0,96	1,09	1,12	1,03
Equity Ratio	0	0,02	0,05	0,05
Gross Profit Margin	79,45 %	79,19 %	77,73 %	79,06 %