GRINDAFJORD UTVIKLING AS

5570 AKSDAL

Finances

Share Ownership

Return on Equity

55,72 %

Current Ratio

15,95

Debt-to-Equity Ratio

20,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 522 000	3 060 000	0	2 134 000
Net Income	331 000	186 000	−32 000	−31 000
Total Assets	13 752 000	14 427 000	13 840 000	13 319 000
Total Equity	594 000	263 000	78 000	109 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 522 000	3 060 000	0	2 134 000
Expenditure	1 097 000	2 822 000	41 000	2 176 000
Operating Profit	424 000	239 000	−41 000	−42 000
Financial Income	1 000	0	1 000	3 000
Financial Costs	1 000	1 000	0	1 000
Financial Balance	0	−1 000	1 000	2 000
Earnings Before Tax	424 000	238 000	−40 000	−40 000
Tax	93 000	52 000	−9 000	−9 000
Net Income	331 000	186 000	−32 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	13 752 000	14 427 000	13 840 000	13 319 000
Total Assets	13 752 000	14 427 000	13 840 000	13 319 000
Total Retained Equity	525 000	194 000	8 000	40 000
Total Equity	594 000	263 000	78 000	109 000
Total Long-Term Debt	12 296 000	13 398 000	13 322 000	12 667 000
Total Current Debt	862 000	766 000	441 000	542 000
Total Equity and Debt	13 752 000	14 427 000	13 840 000	13 319 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 522 000	3 060 000	0	2 134 000
Other Income	0	0	0	0
Revenue	1 522 000	3 060 000	0	2 134 000
Cost of Goods Sold	1 015 000	2 780 000	4 000	2 075 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 097 000	2 822 000	41 000	2 176 000
Operating Profit	424 000	239 000	−41 000	−42 000
Financial Income	1 000	0	1 000	3 000
Financial Costs	1 000	1 000	0	1 000
Financial Balance	0	−1 000	1 000	2 000
Dividends	0	0	0	0
Net Income	331 000	186 000	−32 000	−31 000

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	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	12 156 000	12 145 000	13 311 000	12 739 000
Total Investments	0	0	0	0
Cash, Bank	146 000	445 000	530 000	505 000
Total Current Assets	13 752 000	14 427 000	13 840 000	13 319 000
Total Assets	13 752 000	14 427 000	13 840 000	13 319 000
Total Equity	594 000	263 000	78 000	109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 296 000	13 398 000	13 322 000	12 667 000
Creditors	730 000	632 000	321 000	109 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	132 000	134 000	120 000	434 000
Total Current Debt	862 000	766 000	441 000	542 000
Total Equity and Debt	13 752 000	14 427 000	13 840 000	13 319 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,72 %	70,72 %	−41,03 %	−28,44 %
Debt-to-Equity Ratio	20,7	50,94	170,79	116,21
Operating Profit Margin	27,86 %	7,81 %	-	−1,97 %
Current Ratio	15,95	18,83	31,38	24,57
Quick Ratio	−1,22	−1,27	−1,08	−1,09
Equity Ratio	0,04	0,02	0,01	0,01
Gross Profit Margin	33,31 %	9,15 %	-	2,76 %