EINAR GRINDHEIM & SØNN AS

5590 ETNE

Finances

Return on Equity

−69,66 %

Current Ratio

3,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 113 000	2 428 000	3 207 000	2 251 000
Net Income	−310 000	−24 000	218 000	−78 000
Total Assets	618 000	625 000	694 000	688 000
Total Equity	445 000	755 000	779 000	561 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 113 000	2 428 000	3 207 000	2 251 000
Expenditure	2 419 000	2 448 000	2 945 000	2 324 000
Operating Profit	−306 000	−20 000	262 000	−74 000
Financial Income	1 000	1 000	3 000	1 000
Financial Costs	5 000	5 000	5 000	5 000
Financial Balance	−4 000	−4 000	−2 000	−4 000
Earnings Before Tax	−310 000	−24 000	260 000	−78 000
Tax	0	0	42 000	0
Net Income	−310 000	−24 000	218 000	−78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	11 000	14 000	18 000
Total Current Assets	613 000	614 000	679 000	670 000
Total Assets	618 000	625 000	694 000	688 000
Total Retained Equity	345 000	655 000	679 000	461 000
Total Equity	445 000	755 000	779 000	561 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	173 000	−130 000	−85 000	127 000
Total Equity and Debt	618 000	625 000	694 000	688 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 053 000	2 393 000	3 124 000	2 194 000
Other Income	59 000	36 000	83 000	58 000
Revenue	2 113 000	2 428 000	3 207 000	2 251 000
Cost of Goods Sold	1 348 000	1 446 000	1 895 000	1 413 000
Salary Costs	744 000	703 000	755 000	625 000
Depreciation	6 000	3 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	2 419 000	2 448 000	2 945 000	2 324 000
Operating Profit	−306 000	−20 000	262 000	−74 000
Financial Income	1 000	1 000	3 000	1 000
Financial Costs	5 000	5 000	5 000	5 000
Financial Balance	−4 000	−4 000	−2 000	−4 000
Dividends	0	0	0	0
Net Income	−310 000	−24 000	218 000	−78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	11 000	14 000	18 000
Total Tangible Assets	6 000	11 000	14 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 000	11 000	14 000	18 000
Stock	520 000	524 000	603 000	575 000
Total Investments	0	0	0	0
Cash, Bank	58 000	26 000	54 000	30 000
Total Current Assets	613 000	614 000	679 000	670 000
Total Assets	618 000	625 000	694 000	688 000
Total Equity	445 000	755 000	779 000	561 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	85 000	−4 000	10 000	48 000
Unpaid Taxes	65 000	56 000	93 000	71 000
Dividends	0	0	0	0
Other Current Debt	78 000	81 000	81 000	66 000
Total Current Debt	173 000	−130 000	−85 000	127 000
Total Equity and Debt	618 000	625 000	694 000	688 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−69,66 %	−3,18 %	27,98 %	−13,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−14,48 %	−0,82 %	8,17 %	−3,29 %
Current Ratio	3,54	−4,72	−7,99	5,28
Quick Ratio	−1,77	−0,94	−0,99	−1,5
Equity Ratio	0,72	1,21	1,12	0,82
Gross Profit Margin	36,2 %	40,44 %	40,91 %	37,23 %