GRENLAND BILBERGING AS

3917 PORSGRUNN

Finances

Return on Equity

27,83 %

Current Ratio

1,59

Debt-to-Equity Ratio

1,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 019 000	14 328 000	14 037 000	14 102 000
Net Income	1 406 000	906 000	1 518 000	277 000
Total Assets	14 577 000	12 862 000	12 189 000	4 838 000
Total Equity	5 052 000	5 145 000	4 239 000	2 722 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 019 000	14 328 000	14 037 000	14 102 000
Expenditure	14 065 000	13 032 000	12 101 000	13 823 000
Operating Profit	1 955 000	1 296 000	1 937 000	280 000
Financial Income	1 000	0	34 000	118 000
Financial Costs	210 000	157 000	19 000	2 000
Financial Balance	−209 000	−157 000	15 000	116 000
Earnings Before Tax	1 745 000	1 139 000	1 952 000	396 000
Tax	339 000	233 000	435 000	119 000
Net Income	1 406 000	906 000	1 518 000	277 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 743 000	7 411 000	7 555 000	764 000
Total Current Assets	6 835 000	5 451 000	4 634 000	4 074 000
Total Assets	14 577 000	12 862 000	12 189 000	4 838 000
Total Retained Equity	4 452 000	4 545 000	3 639 000	2 122 000
Total Equity	5 052 000	5 145 000	4 239 000	2 722 000
Total Long-Term Debt	5 220 000	5 510 000	5 800 000	0
Total Current Debt	4 306 000	2 207 000	2 149 000	2 117 000
Total Equity and Debt	14 577 000	12 862 000	12 189 000	4 838 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 906 000	14 328 000	12 958 000	14 102 000
Other Income	113 000	0	1 079 000	0
Revenue	16 019 000	14 328 000	14 037 000	14 102 000
Cost of Goods Sold	190 000	435 000	60 000	231 000
Salary Costs	6 981 000	6 755 000	6 212 000	7 408 000
Depreciation	101 000	75 000	109 000	131 000
Impairment	0	0	0	0
Expenditure	14 065 000	13 032 000	12 101 000	13 823 000
Operating Profit	1 955 000	1 296 000	1 937 000	280 000
Financial Income	1 000	0	34 000	118 000
Financial Costs	210 000	157 000	19 000	2 000
Financial Balance	−209 000	−157 000	15 000	116 000
Dividends	1 500 000	0	0	0
Net Income	1 406 000	906 000	1 518 000	277 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	280 000	0	0	0
Machinery and Plant Facilities	0	0	28 000	85 000
Fixtures	33 000	75 000	77 000	31 000
Total Tangible Assets	447 000	75 000	106 000	116 000
Total Fiancial Fixed Assets	7 296 000	7 336 000	7 449 000	648 000
Total Fixed Assets	7 743 000	7 411 000	7 555 000	764 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 008 000	4 490 000	3 558 000	1 995 000
Total Current Assets	6 835 000	5 451 000	4 634 000	4 074 000
Total Assets	14 577 000	12 862 000	12 189 000	4 838 000
Total Equity	5 052 000	5 145 000	4 239 000	2 722 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 220 000	5 510 000	5 800 000	0
Creditors	679 000	635 000	332 000	516 000
Unpaid Taxes	1 128 000	634 000	665 000	694 000
Dividends	1 500 000	0	0	0
Other Current Debt	661 000	705 000	718 000	788 000
Total Current Debt	4 306 000	2 207 000	2 149 000	2 117 000
Total Equity and Debt	14 577 000	12 862 000	12 189 000	4 838 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,83 %	17,61 %	35,81 %	10,18 %
Debt-to-Equity Ratio	1,03	1,07	1,37	0
Operating Profit Margin	12,2 %	9,05 %	13,8 %	1,99 %
Current Ratio	1,59	2,47	2,16	1,92
Quick Ratio	1,59	2,47	2,16	1,92
Equity Ratio	0,35	0,4	0,35	0,56
Gross Profit Margin	98,81 %	96,96 %	99,57 %	98,36 %