GROMSTAD AUTO AS

4839 ARENDAL

Finances

Share Ownership

Return on Equity

47,37 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	600 522 000	625 931 000	575 594 000	493 029 000
Net Income	18 840 000	16 712 000	16 786 000	11 935 000
Total Assets	160 401 000	131 763 000	137 916 000	119 862 000
Total Equity	39 775 000	40 091 000	54 197 000	54 197 000

Income (NOK)	2022	2021	2020	2019
Revenue	600 522 000	625 931 000	575 594 000	493 029 000
Expenditure	575 350 000	604 000 000	553 233 000	477 061 000
Operating Profit	25 172 000	21 932 000	22 361 000	15 968 000
Financial Income	470 000	129 000	130 000	140 000
Financial Costs	1 487 000	635 000	963 000	808 000
Financial Balance	−1 017 000	−506 000	−833 000	−668 000
Earnings Before Tax	24 155 000	21 426 000	21 528 000	15 300 000
Tax	5 315 000	4 714 000	4 742 000	3 366 000
Net Income	18 840 000	16 712 000	16 786 000	11 935 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 684 000	22 556 000	25 565 000	23 442 000
Total Current Assets	134 717 000	109 207 000	112 351 000	96 420 000
Total Assets	160 401 000	131 763 000	137 916 000	119 862 000
Total Retained Equity	25 075 000	25 391 000	39 497 000	39 497 000
Total Equity	39 775 000	40 091 000	54 197 000	54 197 000
Total Long-Term Debt	4 100 000	4 100 000	4 100 000	4 100 000
Total Current Debt	116 525 000	87 572 000	79 619 000	61 565 000
Total Equity and Debt	160 401 000	131 763 000	137 916 000	119 862 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	585 842 000	613 727 000	563 276 000	481 520 000
Other Income	14 680 000	12 204 000	12 317 000	11 510 000
Revenue	600 522 000	625 931 000	575 594 000	493 029 000
Cost of Goods Sold	458 570 000	491 582 000	449 625 000	375 670 000
Salary Costs	68 043 000	67 243 000	63 582 000	61 211 000
Depreciation	5 467 000	5 274 000	4 759 000	4 545 000
Impairment	0	0	0	0
Expenditure	575 350 000	604 000 000	553 233 000	477 061 000
Operating Profit	25 172 000	21 932 000	22 361 000	15 968 000
Financial Income	470 000	129 000	130 000	140 000
Financial Costs	1 487 000	635 000	963 000	808 000
Financial Balance	−1 017 000	−506 000	−833 000	−668 000
Dividends	0	0	0	0
Net Income	18 840 000	16 712 000	16 786 000	11 935 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 011 000	924 000	245 000	503 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 710 000	3 542 000	3 831 000	4 480 000
Total Tangible Assets	24 672 000	21 632 000	25 320 000	22 939 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 684 000	22 556 000	25 565 000	23 442 000
Stock	81 538 000	72 163 000	62 779 000	70 749 000
Total Investments	0	0	0	0
Cash, Bank	14 750 000	16 678 000	20 395 000	3 687 000
Total Current Assets	134 717 000	109 207 000	112 351 000	96 420 000
Total Assets	160 401 000	131 763 000	137 916 000	119 862 000
Total Equity	39 775 000	40 091 000	54 197 000	54 197 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 100 000	4 100 000	4 100 000	4 100 000
Creditors	40 815 000	16 539 000	38 884 000	32 467 000
Unpaid Taxes	10 263 000	10 627 000	11 732 000	10 845 000
Dividends	0	0	0	0
Other Current Debt	65 448 000	60 406 000	29 003 000	14 631 000
Total Current Debt	116 525 000	87 572 000	79 619 000	61 565 000
Total Equity and Debt	160 401 000	131 763 000	137 916 000	119 862 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,37 %	41,69 %	30,97 %	22,02 %
Debt-to-Equity Ratio	0,1	0,1	0,08	0,08
Operating Profit Margin	4,19 %	3,5 %	3,88 %	3,24 %
Current Ratio	1,16	1,25	1,41	1,57
Quick Ratio	3,85	7,09	6,67	−10,5
Equity Ratio	0,25	0,3	0,39	0,45
Gross Profit Margin	23,64 %	21,46 %	21,89 %	23,8 %