GRANITOR ELECTRO AS

0579 OSLO

Finances

Return on Equity

−4,18 %

Current Ratio

0,45

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 478 000	25 374 000	25 691 000	15 295 000
Net Income	−3 843 000	2 011 000	−1 313 000	4 294 000
Total Assets	308 919 000	234 129 000	212 721 000	181 126 000
Total Equity	91 856 000	99 071 000	91 380 000	50 842 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 478 000	25 374 000	25 691 000	15 295 000
Expenditure	59 965 000	31 149 000	29 185 000	20 623 000
Operating Profit	−12 486 000	−5 776 000	−3 494 000	−5 328 000
Financial Income	13 876 000	11 458 000	3 802 000	9 489 000
Financial Costs	5 277 000	2 929 000	1 305 000	196 000
Financial Balance	8 599 000	8 529 000	2 497 000	9 293 000
Earnings Before Tax	−3 887 000	2 753 000	−997 000	3 965 000
Tax	−44 000	742 000	316 000	−329 000
Net Income	−3 843 000	2 011 000	−1 313 000	4 294 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	226 546 000	191 036 000	183 440 000	97 584 000
Total Current Assets	82 373 000	43 093 000	29 281 000	83 541 000
Total Assets	308 919 000	234 129 000	212 721 000	181 126 000
Total Retained Equity	5 810 000	2 011 000	0	−5 279 000
Total Equity	91 856 000	99 071 000	91 380 000	50 842 000
Total Long-Term Debt	32 693 000	22 991 000	31 250 000	41 851 000
Total Current Debt	184 369 000	112 067 000	90 091 000	88 433 000
Total Equity and Debt	308 919 000	234 129 000	212 721 000	181 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 478 000	25 374 000	25 691 000	15 295 000
Other Income	0	0	0	0
Revenue	47 478 000	25 374 000	25 691 000	15 295 000
Cost of Goods Sold	22 529 000	12 575 000	7 789 000	7 108 000
Salary Costs	20 511 000	16 179 000	13 689 000	9 596 000
Depreciation	4 870 000	287 000	78 000	40 000
Impairment	0	0	0	0
Expenditure	59 965 000	31 149 000	29 185 000	20 623 000
Operating Profit	−12 486 000	−5 776 000	−3 494 000	−5 328 000
Financial Income	13 876 000	11 458 000	3 802 000	9 489 000
Financial Costs	5 277 000	2 929 000	1 305 000	196 000
Financial Balance	8 599 000	8 529 000	2 497 000	9 293 000
Dividends	0	0	0	0
Net Income	−3 843 000	2 011 000	−1 313 000	4 294 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	9 457 000	0	0	0
Total Intangible Assets	14 489 000	5 545 000	13 000	329 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	557 000	164 000	183 000	261 000
Total Tangible Assets	557 000	164 000	183 000	261 000
Total Fiancial Fixed Assets	211 500 000	185 328 000	183 244 000	96 994 000
Total Fixed Assets	226 546 000	191 036 000	183 440 000	97 584 000
Stock	524 000	495 000	495 000	0
Total Investments	0	0	0	0
Cash, Bank	9 600 000	0	197 000	54 512 000
Total Current Assets	82 373 000	43 093 000	29 281 000	83 541 000
Total Assets	308 919 000	234 129 000	212 721 000	181 126 000
Total Equity	91 856 000	99 071 000	91 380 000	50 842 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 693 000	22 991 000	31 250 000	41 851 000
Creditors	3 974 000	4 160 000	2 353 000	1 073 000
Unpaid Taxes	7 311 000	3 773 000	3 282 000	1 049 000
Dividends	0	0	0	0
Other Current Debt	5 332 000	7 119 000	5 780 000	6 013 000
Total Current Debt	184 369 000	112 067 000	90 091 000	88 433 000
Total Equity and Debt	308 919 000	234 129 000	212 721 000	181 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,18 %	2,03 %	−1,44 %	8,45 %
Debt-to-Equity Ratio	0,36	0,23	0,34	0,82
Operating Profit Margin	−26,3 %	−22,76 %	−13,6 %	−34,83 %
Current Ratio	0,45	0,38	0,33	0,94
Quick Ratio	0,45	0,39	0,33	0,94
Equity Ratio	0,3	0,42	0,43	0,28
Gross Profit Margin	52,55 %	50,44 %	69,68 %	53,53 %