ERLEND GRANBO AS

7022 TRONDHEIM

Finances

Return on Equity

21,15 %

Current Ratio

3,63

Debt-to-Equity Ratio

1,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	189 000	137 000	197 000	135 000
Net Income	92 000	57 000	94 000	33 000
Total Assets	1 281 000	1 159 000	1 134 000	991 000
Total Equity	435 000	343 000	286 000	192 000

Income (NOK)	2022	2021	2020	2019
Revenue	189 000	137 000	197 000	135 000
Expenditure	72 000	64 000	76 000	91 000
Operating Profit	118 000	73 000	121 000	44 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	118 000	73 000	121 000	43 000
Tax	26 000	16 000	27 000	9 000
Net Income	92 000	57 000	94 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 023 000	1 038 000	983 000	873 000
Total Current Assets	258 000	121 000	151 000	118 000
Total Assets	1 281 000	1 159 000	1 134 000	991 000
Total Retained Equity	404 000	312 000	255 000	161 000
Total Equity	435 000	343 000	286 000	192 000
Total Long-Term Debt	775 000	775 000	775 000	775 000
Total Current Debt	71 000	41 000	73 000	24 000
Total Equity and Debt	1 281 000	1 159 000	1 134 000	991 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	189 000	137 000	197 000	135 000
Other Income	0	0	0	0
Revenue	189 000	137 000	197 000	135 000
Cost of Goods Sold	0	4 000	0	20 000
Salary Costs	0	0	0	0
Depreciation	27 000	0	0	0
Impairment	0	0	0	0
Expenditure	72 000	64 000	76 000	91 000
Operating Profit	118 000	73 000	121 000	44 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	92 000	57 000	94 000	33 000

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	27 000	17 000	7 000
Fixtures	0	0	0	0
Total Tangible Assets	0	27 000	17 000	7 000
Total Fiancial Fixed Assets	1 023 000	1 011 000	966 000	866 000
Total Fixed Assets	1 023 000	1 038 000	983 000	873 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	125 000	83 000	97 000	55 000
Total Current Assets	258 000	121 000	151 000	118 000
Total Assets	1 281 000	1 159 000	1 134 000	991 000
Total Equity	435 000	343 000	286 000	192 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	775 000	775 000	775 000	775 000
Creditors	5 000	0	12 000	5 000
Unpaid Taxes	37 000	21 000	31 000	6 000
Dividends	0	0	0	0
Other Current Debt	3 000	3 000	3 000	3 000
Total Current Debt	71 000	41 000	73 000	24 000
Total Equity and Debt	1 281 000	1 159 000	1 134 000	991 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,15 %	16,62 %	32,87 %	17,19 %
Debt-to-Equity Ratio	1,78	2,26	2,71	4,04
Operating Profit Margin	62,43 %	53,28 %	61,42 %	32,59 %
Current Ratio	3,63	2,95	2,07	4,92
Quick Ratio	3,63	2,95	2,07	4,92
Equity Ratio	0,34	0,3	0,25	0,19
Gross Profit Margin	100 %	97,08 %	100 %	85,19 %