J.GRIDSVÅG AS

6698 LESUND

Finances

Return on Equity

31,25 %

Current Ratio

4,21

Debt-to-Equity Ratio

11,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 999 000	4 121 000	5 199 000	4 560 000
Net Income	110 000	35 000	60 000	11 000
Total Assets	5 010 000	2 447 000	3 545 000	2 195 000
Total Equity	352 000	241 000	207 000	147 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 999 000	4 121 000	5 199 000	4 560 000
Expenditure	5 660 000	3 943 000	4 990 000	4 452 000
Operating Profit	339 000	178 000	210 000	107 000
Financial Income	0	3 000	0	0
Financial Costs	198 000	134 000	130 000	92 000
Financial Balance	−198 000	−131 000	−130 000	−92 000
Earnings Before Tax	142 000	46 000	80 000	16 000
Tax	31 000	11 000	20 000	5 000
Net Income	110 000	35 000	60 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 138 000	2 169 000	3 027 000	1 651 000
Total Current Assets	2 872 000	277 000	519 000	545 000
Total Assets	5 010 000	2 447 000	3 545 000	2 195 000
Total Retained Equity	322 000	211 000	177 000	117 000
Total Equity	352 000	241 000	207 000	147 000
Total Long-Term Debt	3 976 000	1 601 000	2 641 000	1 336 000
Total Current Debt	682 000	605 000	697 000	713 000
Total Equity and Debt	5 010 000	2 447 000	3 545 000	2 195 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 624 000	4 121 000	5 199 000	4 469 000
Other Income	374 000	0	0	91 000
Revenue	5 999 000	4 121 000	5 199 000	4 560 000
Cost of Goods Sold	1 891 000	64 000	55 000	242 000
Salary Costs	1 140 000	1 363 000	1 553 000	1 397 000
Depreciation	378 000	524 000	395 000	231 000
Impairment	0	0	0	0
Expenditure	5 660 000	3 943 000	4 990 000	4 452 000
Operating Profit	339 000	178 000	210 000	107 000
Financial Income	0	3 000	0	0
Financial Costs	198 000	134 000	130 000	92 000
Financial Balance	−198 000	−131 000	−130 000	−92 000
Dividends	0	0	0	0
Net Income	110 000	35 000	60 000	11 000

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	8 000	0	0	0
Fixtures	1 781 000	1 821 000	2 678 000	1 651 000
Total Tangible Assets	1 789 000	1 821 000	2 678 000	1 651 000
Total Fiancial Fixed Assets	349 000	349 000	349 000	0
Total Fixed Assets	2 138 000	2 169 000	3 027 000	1 651 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−41 000	−151 000	30 000	−153 000
Total Current Assets	2 872 000	277 000	519 000	545 000
Total Assets	5 010 000	2 447 000	3 545 000	2 195 000
Total Equity	352 000	241 000	207 000	147 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 976 000	1 601 000	2 641 000	1 336 000
Creditors	241 000	248 000	196 000	241 000
Unpaid Taxes	289 000	220 000	359 000	340 000
Dividends	0	0	0	0
Other Current Debt	153 000	137 000	142 000	132 000
Total Current Debt	682 000	605 000	697 000	713 000
Total Equity and Debt	5 010 000	2 447 000	3 545 000	2 195 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,25 %	14,52 %	28,99 %	7,48 %
Debt-to-Equity Ratio	11,3	6,64	12,76	9,09
Operating Profit Margin	5,65 %	4,32 %	4,04 %	2,35 %
Current Ratio	4,21	0,46	0,74	0,76
Quick Ratio	4,21	0,46	0,74	0,76
Equity Ratio	0,07	0,1	0,06	0,07
Gross Profit Margin	68,48 %	98,45 %	98,94 %	94,69 %