GRINDRUD RØRINSPEKSJON AS

3825 LUNDE

Finances

Share Ownership

Return on Equity

−9,9 %

Current Ratio

2,71

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 048 000	1 056 000	1 442 000	1 488 000
Net Income	−39 000	−189 000	250 000	14 000
Total Assets	610 000	631 000	1 148 000	1 202 000
Total Equity	394 000	432 000	621 000	621 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 048 000	1 056 000	1 442 000	1 488 000
Expenditure	1 099 000	1 298 000	1 122 000	1 471 000
Operating Profit	−51 000	−242 000	320 000	17 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Earnings Before Tax	−50 000	−242 000	321 000	17 000
Tax	−11 000	−53 000	71 000	4 000
Net Income	−39 000	−189 000	250 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 000	145 000	177 000	265 000
Total Current Assets	502 000	486 000	971 000	937 000
Total Assets	610 000	631 000	1 148 000	1 202 000
Total Retained Equity	294 000	332 000	521 000	521 000
Total Equity	394 000	432 000	621 000	621 000
Total Long-Term Debt	32 000	32 000	32 000	33 000
Total Current Debt	185 000	166 000	495 000	548 000
Total Equity and Debt	610 000	631 000	1 148 000	1 202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 048 000	1 056 000	1 332 000	1 488 000
Other Income	0	0	110 000	0
Revenue	1 048 000	1 056 000	1 442 000	1 488 000
Cost of Goods Sold	47 000	79 000	43 000	204 000
Salary Costs	767 000	766 000	615 000	715 000
Depreciation	47 000	85 000	99 000	201 000
Impairment	0	0	0	0
Expenditure	1 099 000	1 298 000	1 122 000	1 471 000
Operating Profit	−51 000	−242 000	320 000	17 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Dividends	0	0	250 000	0
Net Income	−39 000	−189 000	250 000	14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	81 000	70 000	17 000	31 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 000	75 000	160 000	234 000
Total Tangible Assets	27 000	75 000	160 000	234 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	108 000	145 000	177 000	265 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	440 000	432 000	839 000	735 000
Total Current Assets	502 000	486 000	971 000	937 000
Total Assets	610 000	631 000	1 148 000	1 202 000
Total Equity	394 000	432 000	621 000	621 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 000	32 000	32 000	33 000
Creditors	23 000	10 000	5 000	2 000
Unpaid Taxes	79 000	93 000	135 000	52 000
Dividends	0	0	250 000	0
Other Current Debt	83 000	64 000	49 000	59 000
Total Current Debt	185 000	166 000	495 000	548 000
Total Equity and Debt	610 000	631 000	1 148 000	1 202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,9 %	−43,75 %	40,26 %	2,25 %
Debt-to-Equity Ratio	0,08	0,07	0,05	0,05
Operating Profit Margin	−4,87 %	−22,92 %	22,19 %	1,14 %
Current Ratio	2,71	2,93	1,96	1,71
Quick Ratio	2,71	2,93	1,96	1,71
Equity Ratio	0,65	0,68	0,54	0,52
Gross Profit Margin	95,52 %	92,52 %	97,02 %	86,29 %