GRINDBERG TREVAREFABRIKK AS

3870 FYRESDAL

Finances

Return on Equity

9,2 %

Current Ratio

2,9

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 129 000	24 253 000	19 514 000	14 823 000
Net Income	788 000	129 000	4 595 000	−328 000
Total Assets	19 550 000	20 199 000	19 968 000	12 111 000
Total Equity	8 567 000	7 779 000	7 649 000	3 055 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 129 000	24 253 000	19 514 000	14 823 000
Expenditure	29 893 000	23 910 000	18 353 000	14 777 000
Operating Profit	1 236 000	344 000	1 161 000	46 000
Financial Income	67 000	74 000	3 657 000	62 000
Financial Costs	288 000	250 000	231 000	238 000
Financial Balance	−221 000	−176 000	3 426 000	−176 000
Earnings Before Tax	1 015 000	168 000	4 587 000	−129 000
Tax	227 000	39 000	−7 000	199 000
Net Income	788 000	129 000	4 595 000	−328 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 182 000	4 682 000	4 555 000	4 346 000
Total Current Assets	14 367 000	15 517 000	15 412 000	7 766 000
Total Assets	19 550 000	20 199 000	19 968 000	12 111 000
Total Retained Equity	8 467 000	7 679 000	7 549 000	2 955 000
Total Equity	8 567 000	7 779 000	7 649 000	3 055 000
Total Long-Term Debt	6 037 000	6 297 000	6 380 000	6 658 000
Total Current Debt	4 946 000	6 124 000	5 938 000	2 399 000
Total Equity and Debt	19 550 000	20 199 000	19 968 000	12 111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 052 000	24 186 000	19 325 000	14 584 000
Other Income	77 000	67 000	189 000	239 000
Revenue	31 129 000	24 253 000	19 514 000	14 823 000
Cost of Goods Sold	16 015 000	12 111 000	8 956 000	5 505 000
Salary Costs	9 144 000	7 276 000	6 277 000	6 275 000
Depreciation	252 000	160 000	143 000	120 000
Impairment	−844 000	0	0	0
Expenditure	29 893 000	23 910 000	18 353 000	14 777 000
Operating Profit	1 236 000	344 000	1 161 000	46 000
Financial Income	67 000	74 000	3 657 000	62 000
Financial Costs	288 000	250 000	231 000	238 000
Financial Balance	−221 000	−176 000	3 426 000	−176 000
Dividends	0	0	0	0
Net Income	788 000	129 000	4 595 000	−328 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	173 000	187 000	0
Real Eastate	1 167 000	388 000	330 000	342 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	401 000	505 000	423 000	388 000
Total Tangible Assets	1 567 000	894 000	753 000	731 000
Total Fiancial Fixed Assets	3 615 000	3 615 000	3 615 000	3 615 000
Total Fixed Assets	5 182 000	4 682 000	4 555 000	4 346 000
Stock	8 072 000	8 393 000	6 786 000	6 801 000
Total Investments	0	0	0	0
Cash, Bank	480 000	421 000	293 000	48 000
Total Current Assets	14 367 000	15 517 000	15 412 000	7 766 000
Total Assets	19 550 000	20 199 000	19 968 000	12 111 000
Total Equity	8 567 000	7 779 000	7 649 000	3 055 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 037 000	6 297 000	6 380 000	6 658 000
Creditors	1 027 000	1 499 000	1 610 000	514 000
Unpaid Taxes	1 284 000	1 777 000	1 364 000	785 000
Dividends	0	0	0	0
Other Current Debt	2 583 000	1 501 000	1 445 000	1 100 000
Total Current Debt	4 946 000	6 124 000	5 938 000	2 399 000
Total Equity and Debt	19 550 000	20 199 000	19 968 000	12 111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,2 %	1,66 %	60,07 %	−10,74 %
Debt-to-Equity Ratio	0,7	0,81	0,83	2,18
Operating Profit Margin	3,97 %	1,42 %	5,95 %	0,31 %
Current Ratio	2,9	2,53	2,6	3,24
Quick Ratio	−4,6	−6,84	−18,17	−1,76
Equity Ratio	0,44	0,39	0,38	0,25
Gross Profit Margin	48,55 %	50,06 %	54,1 %	62,86 %