GRAND AUTO AS

1481 HAGAN

Finances

Share Ownership

Return on Equity

39,19 %

Current Ratio

4,72

Debt-to-Equity Ratio

1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	210 244 000	206 092 000	148 782 000	106 252 000
Net Income	7 039 000	6 775 000	3 970 000	751 000
Total Assets	54 440 000	44 496 000	25 391 000	25 512 000
Total Equity	17 960 000	13 421 000	6 647 000	2 677 000

Income (NOK)	2022	2021	2020	2019
Revenue	210 244 000	206 092 000	148 782 000	106 252 000
Expenditure	200 262 000	196 794 000	143 046 000	104 663 000
Operating Profit	9 982 000	9 297 000	5 737 000	1 590 000
Financial Income	184 000	87 000	16 000	30 000
Financial Costs	1 134 000	697 000	663 000	584 000
Financial Balance	−950 000	−610 000	−647 000	−554 000
Earnings Before Tax	9 032 000	8 687 000	5 090 000	1 036 000
Tax	1 993 000	1 912 000	1 120 000	284 000
Net Income	7 039 000	6 775 000	3 970 000	751 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	175 000	232 000	240 000	268 000
Total Current Assets	54 265 000	44 264 000	25 151 000	25 243 000
Total Assets	54 440 000	44 496 000	25 391 000	25 512 000
Total Retained Equity	17 460 000	12 921 000	6 147 000	2 177 000
Total Equity	17 960 000	13 421 000	6 647 000	2 677 000
Total Long-Term Debt	24 990 000	20 000 000	8 244 000	12 997 000
Total Current Debt	11 490 000	11 075 000	10 500 000	9 838 000
Total Equity and Debt	54 440 000	44 496 000	25 391 000	25 512 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	207 741 000	202 951 000	145 636 000	104 228 000
Other Income	2 503 000	3 140 000	3 146 000	2 023 000
Revenue	210 244 000	206 092 000	148 782 000	106 252 000
Cost of Goods Sold	190 235 000	188 035 000	136 219 000	98 460 000
Salary Costs	6 072 000	5 150 000	3 868 000	3 409 000
Depreciation	45 000	60 000	37 000	8 000
Impairment	0	0	0	0
Expenditure	200 262 000	196 794 000	143 046 000	104 663 000
Operating Profit	9 982 000	9 297 000	5 737 000	1 590 000
Financial Income	184 000	87 000	16 000	30 000
Financial Costs	1 134 000	697 000	663 000	584 000
Financial Balance	−950 000	−610 000	−647 000	−554 000
Dividends	2 500 000	0	0	1 000 000
Net Income	7 039 000	6 775 000	3 970 000	751 000

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	75 000	132 000	140 000	155 000
Total Tangible Assets	75 000	132 000	140 000	155 000
Total Fiancial Fixed Assets	100 000	100 000	100 000	113 000
Total Fixed Assets	175 000	232 000	240 000	268 000
Stock	51 363 000	38 801 000	20 448 000	24 160 000
Total Investments	0	0	0	0
Cash, Bank	1 486 000	2 619 000	3 242 000	1 077 000
Total Current Assets	54 265 000	44 264 000	25 151 000	25 243 000
Total Assets	54 440 000	44 496 000	25 391 000	25 512 000
Total Equity	17 960 000	13 421 000	6 647 000	2 677 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 990 000	20 000 000	8 244 000	12 997 000
Creditors	2 345 000	1 843 000	592 000	1 399 000
Unpaid Taxes	451 000	401 000	347 000	1 124 000
Dividends	2 500 000	0	0	1 000 000
Other Current Debt	6 701 000	6 913 000	8 440 000	6 018 000
Total Current Debt	11 490 000	11 075 000	10 500 000	9 838 000
Total Equity and Debt	54 440 000	44 496 000	25 391 000	25 512 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,19 %	50,48 %	59,73 %	28,05 %
Debt-to-Equity Ratio	1,39	1,49	1,24	4,86
Operating Profit Margin	4,75 %	4,51 %	3,86 %	1,5 %
Current Ratio	4,72	4	2,4	2,57
Quick Ratio	−1,36	−1,6	−2,53	−1,76
Equity Ratio	0,33	0,3	0,26	0,1
Gross Profit Margin	9,52 %	8,76 %	8,44 %	7,33 %