GRIMSTAD BRØYTESERVICE AS

4886 GRIMSTAD

Finances

Share Ownership

Return on Equity

28,47 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 963 000	2 153 000	770 000	1 029 000
Net Income	269 000	536 000	−230 000	−117 000
Total Assets	1 481 000	1 639 000	998 000	1 078 000
Total Equity	945 000	676 000	140 000	370 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 963 000	2 153 000	770 000	1 029 000
Expenditure	1 606 000	1 445 000	1 039 000	1 158 000
Operating Profit	357 000	708 000	−269 000	−129 000
Financial Income	1 000	0	0	0
Financial Costs	14 000	20 000	27 000	22 000
Financial Balance	−13 000	−20 000	−27 000	−22 000
Earnings Before Tax	344 000	687 000	−295 000	−150 000
Tax	76 000	151 000	−65 000	−33 000
Net Income	269 000	536 000	−230 000	−117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	967 000	776 000	715 000	907 000
Total Current Assets	515 000	863 000	283 000	171 000
Total Assets	1 481 000	1 639 000	998 000	1 078 000
Total Retained Equity	915 000	646 000	110 000	340 000
Total Equity	945 000	676 000	140 000	370 000
Total Long-Term Debt	108 000	70 000	0	18 000
Total Current Debt	428 000	893 000	858 000	690 000
Total Equity and Debt	1 481 000	1 639 000	998 000	1 078 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 560 000	1 870 000	621 000	1 029 000
Other Income	404 000	283 000	149 000	0
Revenue	1 963 000	2 153 000	770 000	1 029 000
Cost of Goods Sold	75 000	47 000	7 000	38 000
Salary Costs	269 000	171 000	60 000	178 000
Depreciation	172 000	204 000	205 000	205 000
Impairment	0	0	0	0
Expenditure	1 606 000	1 445 000	1 039 000	1 158 000
Operating Profit	357 000	708 000	−269 000	−129 000
Financial Income	1 000	0	0	0
Financial Costs	14 000	20 000	27 000	22 000
Financial Balance	−13 000	−20 000	−27 000	−22 000
Dividends	0	0	0	0
Net Income	269 000	536 000	−230 000	−117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	41 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	252 000	364 000	513 000	674 000
Fixtures	10 000	26 000	42 000	58 000
Total Tangible Assets	261 000	390 000	555 000	732 000
Total Fiancial Fixed Assets	705 000	387 000	118 000	175 000
Total Fixed Assets	967 000	776 000	715 000	907 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	67 000	0	0	0
Total Current Assets	515 000	863 000	283 000	171 000
Total Assets	1 481 000	1 639 000	998 000	1 078 000
Total Equity	945 000	676 000	140 000	370 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	108 000	70 000	0	18 000
Creditors	251 000	191 000	74 000	51 000
Unpaid Taxes	0	0	1 000	4 000
Dividends	0	0	0	0
Other Current Debt	140 000	307 000	433 000	278 000
Total Current Debt	428 000	893 000	858 000	690 000
Total Equity and Debt	1 481 000	1 639 000	998 000	1 078 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,47 %	79,29 %	−164,29 %	−31,62 %
Debt-to-Equity Ratio	0,11	0,1	0	0,05
Operating Profit Margin	18,19 %	32,88 %	−34,94 %	−12,54 %
Current Ratio	1,2	0,97	0,33	0,25
Quick Ratio	1,2	0,97	0,33	0,25
Equity Ratio	0,64	0,41	0,14	0,34
Gross Profit Margin	96,18 %	97,82 %	99,09 %	96,31 %