C GRINDVOLD AS

2020 SKEDSMOKORSET

Finances

Return on Equity

3,34 %

Current Ratio

3,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 750 000	53 748 000	49 844 000	47 888 000
Net Income	1 976 000	1 733 000	1 338 000	7 879 000
Total Assets	79 856 000	71 068 000	67 856 000	66 191 000
Total Equity	59 226 000	58 451 000	57 717 000	57 379 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 750 000	53 748 000	49 844 000	47 888 000
Expenditure	58 401 000	52 218 000	48 135 000	45 893 000
Operating Profit	2 349 000	1 529 000	1 710 000	1 995 000
Financial Income	390 000	867 000	684 000	6 634 000
Financial Costs	262 000	376 000	757 000	133 000
Financial Balance	128 000	491 000	−73 000	6 501 000
Earnings Before Tax	2 477 000	2 019 000	1 637 000	8 496 000
Tax	501 000	286 000	298 000	617 000
Net Income	1 976 000	1 733 000	1 338 000	7 879 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 734 000	1 706 000	2 359 000	3 134 000
Total Current Assets	77 122 000	69 362 000	65 497 000	63 057 000
Total Assets	79 856 000	71 068 000	67 856 000	66 191 000
Total Retained Equity	57 226 000	56 451 000	55 717 000	55 379 000
Total Equity	59 226 000	58 451 000	57 717 000	57 379 000
Total Long-Term Debt	0	0	38 000	33 000
Total Current Debt	20 630 000	12 617 000	10 100 000	8 779 000
Total Equity and Debt	79 856 000	71 068 000	67 856 000	66 191 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 936 000	53 166 000	49 132 000	47 143 000
Other Income	815 000	582 000	712 000	746 000
Revenue	60 750 000	53 748 000	49 844 000	47 888 000
Cost of Goods Sold	41 629 000	37 061 000	35 146 000	30 788 000
Salary Costs	11 512 000	10 449 000	8 711 000	10 167 000
Depreciation	669 000	676 000	704 000	907 000
Impairment	0	0	0	0
Expenditure	58 401 000	52 218 000	48 135 000	45 893 000
Operating Profit	2 349 000	1 529 000	1 710 000	1 995 000
Financial Income	390 000	867 000	684 000	6 634 000
Financial Costs	262 000	376 000	757 000	133 000
Financial Balance	128 000	491 000	−73 000	6 501 000
Dividends	1 200 000	1 000 000	1 000 000	1 000 000
Net Income	1 976 000	1 733 000	1 338 000	7 879 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	24 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 461 000	1 612 000	2 234 000	1 685 000
Fixtures	240 000	70 000	125 000	1 449 000
Total Tangible Assets	2 702 000	1 682 000	2 359 000	3 134 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 734 000	1 706 000	2 359 000	3 134 000
Stock	13 236 000	10 366 000	11 990 000	13 186 000
Total Investments	28 969 000	29 548 000	28 906 000	28 457 000
Cash, Bank	16 789 000	14 525 000	16 477 000	14 486 000
Total Current Assets	77 122 000	69 362 000	65 497 000	63 057 000
Total Assets	79 856 000	71 068 000	67 856 000	66 191 000
Total Equity	59 226 000	58 451 000	57 717 000	57 379 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	38 000	33 000
Creditors	8 849 000	3 492 000	867 000	2 054 000
Unpaid Taxes	4 856 000	3 736 000	3 855 000	3 073 000
Dividends	1 200 000	1 000 000	1 000 000	1 000 000
Other Current Debt	5 215 000	4 042 000	4 085 000	1 959 000
Total Current Debt	20 630 000	12 617 000	10 100 000	8 779 000
Total Equity and Debt	79 856 000	71 068 000	67 856 000	66 191 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,34 %	2,96 %	2,32 %	13,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,87 %	2,84 %	3,43 %	4,17 %
Current Ratio	3,74	5,5	6,48	7,18
Quick Ratio	10,43	30,81	−34,65	−14,31
Equity Ratio	0,74	0,82	0,85	0,87
Gross Profit Margin	31,47 %	31,05 %	29,49 %	35,71 %