GRINDVIK BYGG AS

6260 SKODJE

Finances

Share Ownership

Return on Equity

6,52 %

Current Ratio

2,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 275 000	26 685 000	16 074 000	31 920 000
Net Income	535 000	2 880 000	1 746 000	1 105 000
Total Assets	15 141 000	19 702 000	15 742 000	13 861 000
Total Equity	8 204 000	14 669 000	11 789 000	10 343 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 275 000	26 685 000	16 074 000	31 920 000
Expenditure	30 609 000	23 025 000	13 763 000	30 549 000
Operating Profit	666 000	3 660 000	2 310 000	1 371 000
Financial Income	105 000	35 000	46 000	65 000
Financial Costs	57 000	2 000	81 000	12 000
Financial Balance	48 000	33 000	−35 000	53 000
Earnings Before Tax	714 000	3 693 000	2 275 000	1 424 000
Tax	179 000	812 000	529 000	319 000
Net Income	535 000	2 880 000	1 746 000	1 105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	628 000	859 000	937 000	1 311 000
Total Current Assets	14 513 000	18 843 000	14 804 000	12 550 000
Total Assets	15 141 000	19 702 000	15 742 000	13 861 000
Total Retained Equity	7 704 000	14 169 000	11 289 000	9 843 000
Total Equity	8 204 000	14 669 000	11 789 000	10 343 000
Total Long-Term Debt	7 000	121 000	0	0
Total Current Debt	6 931 000	4 911 000	3 953 000	3 518 000
Total Equity and Debt	15 141 000	19 702 000	15 742 000	13 861 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 215 000	25 335 000	16 074 000	31 920 000
Other Income	60 000	1 350 000	0	0
Revenue	31 275 000	26 685 000	16 074 000	31 920 000
Cost of Goods Sold	23 270 000	15 354 000	5 692 000	21 895 000
Salary Costs	5 594 000	5 888 000	6 294 000	6 519 000
Depreciation	231 000	436 000	520 000	549 000
Impairment	0	0	0	0
Expenditure	30 609 000	23 025 000	13 763 000	30 549 000
Operating Profit	666 000	3 660 000	2 310 000	1 371 000
Financial Income	105 000	35 000	46 000	65 000
Financial Costs	57 000	2 000	81 000	12 000
Financial Balance	48 000	33 000	−35 000	53 000
Dividends	7 000 000	0	300 000	200 000
Net Income	535 000	2 880 000	1 746 000	1 105 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	149 000	101 000
Real Eastate	29 000	46 000	63 000	52 000
Machinery and Plant Facilities	419 000	535 000	230 000	0
Fixtures	180 000	278 000	496 000	1 157 000
Total Tangible Assets	628 000	859 000	789 000	1 210 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	628 000	859 000	937 000	1 311 000
Stock	90 000	223 000	46 000	362 000
Total Investments	0	0	0	0
Cash, Bank	7 865 000	14 151 000	11 417 000	10 394 000
Total Current Assets	14 513 000	18 843 000	14 804 000	12 550 000
Total Assets	15 141 000	19 702 000	15 742 000	13 861 000
Total Equity	8 204 000	14 669 000	11 789 000	10 343 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	121 000	0	0
Creditors	964 000	1 730 000	545 000	954 000
Unpaid Taxes	1 201 000	1 369 000	1 299 000	749 000
Dividends	7 000 000	0	300 000	200 000
Other Current Debt	4 472 000	1 270 000	1 232 000	1 263 000
Total Current Debt	6 931 000	4 911 000	3 953 000	3 518 000
Total Equity and Debt	15 141 000	19 702 000	15 742 000	13 861 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,52 %	19,63 %	14,81 %	10,68 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	2,13 %	13,72 %	14,37 %	4,3 %
Current Ratio	2,09	3,84	3,75	3,57
Quick Ratio	2,12	4,02	3,79	3,98
Equity Ratio	0,54	0,74	0,75	0,75
Gross Profit Margin	25,6 %	42,46 %	64,59 %	31,41 %