GRAVDAL VVS AS

3425 REISTAD

Finances

Return on Equity

26,87 %

Current Ratio

3,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 118 000	2 853 000	2 241 000	2 386 000
Net Income	578 000	555 000	332 000	268 000
Total Assets	2 776 000	2 089 000	1 334 000	894 000
Total Equity	2 151 000	1 574 000	1 019 000	687 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 118 000	2 853 000	2 241 000	2 386 000
Expenditure	2 364 000	2 141 000	1 816 000	2 043 000
Operating Profit	753 000	712 000	425 000	343 000
Financial Income	0	0	0	1 000
Financial Costs	11 000	0	0	0
Financial Balance	−11 000	0	0	1 000
Earnings Before Tax	742 000	711 000	425 000	344 000
Tax	164 000	157 000	94 000	76 000
Net Income	578 000	555 000	332 000	268 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	480 000	74 000	25 000	32 000
Total Current Assets	2 296 000	2 016 000	1 309 000	861 000
Total Assets	2 776 000	2 089 000	1 334 000	894 000
Total Retained Equity	2 121 000	1 544 000	989 000	657 000
Total Equity	2 151 000	1 574 000	1 019 000	687 000
Total Long-Term Debt	3 000	3 000	3 000	3 000
Total Current Debt	622 000	512 000	312 000	203 000
Total Equity and Debt	2 776 000	2 089 000	1 334 000	894 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 954 000	2 853 000	2 241 000	2 379 000
Other Income	164 000	0	0	7 000
Revenue	3 118 000	2 853 000	2 241 000	2 386 000
Cost of Goods Sold	1 149 000	1 173 000	882 000	855 000
Salary Costs	798 000	659 000	636 000	755 000
Depreciation	107 000	6 000	8 000	28 000
Impairment	0	0	0	0
Expenditure	2 364 000	2 141 000	1 816 000	2 043 000
Operating Profit	753 000	712 000	425 000	343 000
Financial Income	0	0	0	1 000
Financial Costs	11 000	0	0	0
Financial Balance	−11 000	0	0	1 000
Dividends	0	0	0	0
Net Income	578 000	555 000	332 000	268 000

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	425 000	19 000	25 000	32 000
Total Tangible Assets	425 000	19 000	25 000	32 000
Total Fiancial Fixed Assets	55 000	55 000	0	0
Total Fixed Assets	480 000	74 000	25 000	32 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 830 000	1 752 000	766 000	666 000
Total Current Assets	2 296 000	2 016 000	1 309 000	861 000
Total Assets	2 776 000	2 089 000	1 334 000	894 000
Total Equity	2 151 000	1 574 000	1 019 000	687 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	3 000	3 000	3 000
Creditors	62 000	125 000	21 000	16 000
Unpaid Taxes	222 000	170 000	132 000	40 000
Dividends	0	0	0	0
Other Current Debt	174 000	60 000	66 000	72 000
Total Current Debt	622 000	512 000	312 000	203 000
Total Equity and Debt	2 776 000	2 089 000	1 334 000	894 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,87 %	35,26 %	32,58 %	39,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,15 %	24,96 %	18,96 %	14,38 %
Current Ratio	3,69	3,94	4,2	4,24
Quick Ratio	3,69	3,94	4,2	4,24
Equity Ratio	0,77	0,75	0,76	0,77
Gross Profit Margin	63,15 %	58,89 %	60,64 %	64,17 %