GRAVINORD AS

8530 BJERKVIK

Finances

Share Ownership

Return on Equity

52,38 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 587 000	7 388 000	4 361 000	3 666 000
Net Income	825 000	829 000	143 000	351 000
Total Assets	4 354 000	3 187 000	2 571 000	2 228 000
Total Equity	1 575 000	1 550 000	1 071 000	927 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 587 000	7 388 000	4 361 000	3 666 000
Expenditure	12 445 000	6 291 000	4 101 000	3 172 000
Operating Profit	1 142 000	1 097 000	259 000	494 000
Financial Income	0	0	2 000	0
Financial Costs	84 000	34 000	78 000	44 000
Financial Balance	−84 000	−34 000	−76 000	−44 000
Earnings Before Tax	1 058 000	1 063 000	184 000	450 000
Tax	233 000	234 000	40 000	99 000
Net Income	825 000	829 000	143 000	351 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 677 000	1 769 000	1 661 000	677 000
Total Current Assets	2 677 000	1 417 000	910 000	1 551 000
Total Assets	4 354 000	3 187 000	2 571 000	2 228 000
Total Retained Equity	1 535 000	1 510 000	1 031 000	887 000
Total Equity	1 575 000	1 550 000	1 071 000	927 000
Total Long-Term Debt	388 000	386 000	349 000	351 000
Total Current Debt	2 391 000	1 251 000	1 151 000	950 000
Total Equity and Debt	4 354 000	3 187 000	2 571 000	2 228 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 587 000	7 388 000	4 361 000	3 666 000
Other Income	0	0	0	0
Revenue	13 587 000	7 388 000	4 361 000	3 666 000
Cost of Goods Sold	3 558 000	517 000	98 000	371 000
Salary Costs	3 143 000	2 008 000	1 768 000	856 000
Depreciation	481 000	463 000	243 000	130 000
Impairment	0	0	0	0
Expenditure	12 445 000	6 291 000	4 101 000	3 172 000
Operating Profit	1 142 000	1 097 000	259 000	494 000
Financial Income	0	0	2 000	0
Financial Costs	84 000	34 000	78 000	44 000
Financial Balance	−84 000	−34 000	−76 000	−44 000
Dividends	800 000	350 000	0	0
Net Income	825 000	829 000	143 000	351 000

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	1 392 000	1 479 000	1 357 000	443 000
Fixtures	127 000	189 000	218 000	134 000
Total Tangible Assets	1 519 000	1 668 000	1 575 000	577 000
Total Fiancial Fixed Assets	158 000	101 000	86 000	100 000
Total Fixed Assets	1 677 000	1 769 000	1 661 000	677 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 033 000	1 183 000	299 000	14 000
Total Current Assets	2 677 000	1 417 000	910 000	1 551 000
Total Assets	4 354 000	3 187 000	2 571 000	2 228 000
Total Equity	1 575 000	1 550 000	1 071 000	927 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	388 000	386 000	349 000	351 000
Creditors	873 000	379 000	877 000	513 000
Unpaid Taxes	720 000	207 000	92 000	331 000
Dividends	800 000	350 000	0	0
Other Current Debt	390 000	341 000	183 000	78 000
Total Current Debt	2 391 000	1 251 000	1 151 000	950 000
Total Equity and Debt	4 354 000	3 187 000	2 571 000	2 228 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,38 %	53,48 %	13,35 %	37,86 %
Debt-to-Equity Ratio	0,25	0,25	0,33	0,38
Operating Profit Margin	8,41 %	14,85 %	5,94 %	13,48 %
Current Ratio	1,12	1,13	0,79	1,63
Quick Ratio	1,12	1,13	0,79	1,63
Equity Ratio	0,36	0,49	0,42	0,42
Gross Profit Margin	73,81 %	93 %	97,75 %	89,88 %