GRAVSTEIN NORGE AS

7024 TRONDHEIM

Finances

Share Ownership

Return on Equity

46,2 %

Current Ratio

3,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 408 000	9 613 000	7 270 000	5 128 000
Net Income	1 240 000	534 000	1 062 000	468 000
Total Assets	3 722 000	3 065 000	2 862 000	1 549 000
Total Equity	2 684 000	1 444 000	1 510 000	748 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 408 000	9 613 000	7 270 000	5 128 000
Expenditure	11 781 000	8 875 000	5 903 000	4 528 000
Operating Profit	1 627 000	738 000	1 367 000	600 000
Financial Income	1 000	0	0	0
Financial Costs	90 000	2 000	6 000	0
Financial Balance	−89 000	−2 000	−6 000	0
Earnings Before Tax	1 539 000	736 000	1 361 000	600 000
Tax	299 000	202 000	300 000	132 000
Net Income	1 240 000	534 000	1 062 000	468 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	147 000	65 000	0	0
Total Current Assets	3 575 000	3 000 000	2 862 000	1 549 000
Total Assets	3 722 000	3 065 000	2 862 000	1 549 000
Total Retained Equity	2 654 000	1 414 000	1 480 000	718 000
Total Equity	2 684 000	1 444 000	1 510 000	748 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 038 000	1 621 000	1 352 000	801 000
Total Equity and Debt	3 722 000	3 065 000	2 862 000	1 549 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 408 000	9 613 000	7 270 000	5 128 000
Other Income	0	0	0	0
Revenue	13 408 000	9 613 000	7 270 000	5 128 000
Cost of Goods Sold	6 709 000	4 788 000	3 198 000	2 191 000
Salary Costs	1 874 000	1 434 000	938 000	840 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 781 000	8 875 000	5 903 000	4 528 000
Operating Profit	1 627 000	738 000	1 367 000	600 000
Financial Income	1 000	0	0	0
Financial Costs	90 000	2 000	6 000	0
Financial Balance	−89 000	−2 000	−6 000	0
Dividends	0	600 000	300 000	90 000
Net Income	1 240 000	534 000	1 062 000	468 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	121 000	40 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	26 000	26 000	0	0
Total Fixed Assets	147 000	65 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 291 000	860 000	1 825 000	811 000
Total Current Assets	3 575 000	3 000 000	2 862 000	1 549 000
Total Assets	3 722 000	3 065 000	2 862 000	1 549 000
Total Equity	2 684 000	1 444 000	1 510 000	748 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	197 000	74 000	192 000	154 000
Unpaid Taxes	283 000	418 000	411 000	309 000
Dividends	0	600 000	300 000	90 000
Other Current Debt	177 000	287 000	151 000	104 000
Total Current Debt	1 038 000	1 621 000	1 352 000	801 000
Total Equity and Debt	3 722 000	3 065 000	2 862 000	1 549 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,2 %	36,98 %	70,33 %	62,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,13 %	7,68 %	18,8 %	11,7 %
Current Ratio	3,44	1,85	2,12	1,93
Quick Ratio	3,44	1,85	2,12	1,93
Equity Ratio	0,72	0,47	0,53	0,48
Gross Profit Margin	49,96 %	50,19 %	56,01 %	57,27 %