GRETLAND BIL AS

1711 SARPSBORG

Finances

Share Ownership

Return on Equity

62,17 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 118 000	76 989 000	84 347 000	67 753 000
Net Income	4 149 000	3 353 000	3 566 000	2 584 000
Total Assets	17 336 000	13 630 000	13 547 000	13 849 000
Total Equity	6 674 000	6 851 000	3 887 000	2 211 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 118 000	76 989 000	84 347 000	67 753 000
Expenditure	74 738 000	72 628 000	79 691 000	64 413 000
Operating Profit	5 381 000	4 362 000	4 656 000	3 341 000
Financial Income	3 000	2 000	6 000	1 000
Financial Costs	55 000	54 000	64 000	26 000
Financial Balance	−52 000	−52 000	−58 000	−25 000
Earnings Before Tax	5 328 000	4 310 000	4 598 000	3 316 000
Tax	1 179 000	956 000	1 031 000	732 000
Net Income	4 149 000	3 353 000	3 566 000	2 584 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 812 000	519 000	569 000	2 199 000
Total Current Assets	13 524 000	13 111 000	12 977 000	11 650 000
Total Assets	17 336 000	13 630 000	13 547 000	13 849 000
Total Retained Equity	6 644 000	6 821 000	3 857 000	2 181 000
Total Equity	6 674 000	6 851 000	3 887 000	2 211 000
Total Long-Term Debt	0	2 661 000	3 832 000	7 771 000
Total Current Debt	10 663 000	4 119 000	5 827 000	3 867 000
Total Equity and Debt	17 336 000	13 630 000	13 547 000	13 849 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 950 000	75 285 000	81 701 000	66 170 000
Other Income	2 168 000	1 703 000	2 645 000	1 582 000
Revenue	80 118 000	76 989 000	84 347 000	67 753 000
Cost of Goods Sold	69 571 000	67 802 000	75 219 000	59 654 000
Salary Costs	3 300 000	2 795 000	2 395 000	2 799 000
Depreciation	41 000	49 000	179 000	185 000
Impairment	0	0	0	0
Expenditure	74 738 000	72 628 000	79 691 000	64 413 000
Operating Profit	5 381 000	4 362 000	4 656 000	3 341 000
Financial Income	3 000	2 000	6 000	1 000
Financial Costs	55 000	54 000	64 000	26 000
Financial Balance	−52 000	−52 000	−58 000	−25 000
Dividends	3 000 000	0	1 500 000	0
Net Income	4 149 000	3 353 000	3 566 000	2 584 000

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	113 000	154 000	219 000	1 199 000
Total Tangible Assets	113 000	154 000	219 000	1 199 000
Total Fiancial Fixed Assets	3 700 000	365 000	350 000	1 000 000
Total Fixed Assets	3 812 000	519 000	569 000	2 199 000
Stock	10 591 000	10 884 000	10 514 000	9 210 000
Total Investments	0	0	0	0
Cash, Bank	1 153 000	650 000	798 000	960 000
Total Current Assets	13 524 000	13 111 000	12 977 000	11 650 000
Total Assets	17 336 000	13 630 000	13 547 000	13 849 000
Total Equity	6 674 000	6 851 000	3 887 000	2 211 000
Short-Term Group Debt	1 721 000	500 000	500 000	500 000
Total Long-Term Debt	0	2 661 000	3 832 000	7 771 000
Creditors	459 000	776 000	841 000	1 255 000
Unpaid Taxes	253 000	235 000	157 000	210 000
Dividends	3 000 000	0	1 500 000	0
Other Current Debt	1 605 000	1 017 000	613 000	625 000
Total Current Debt	10 663 000	4 119 000	5 827 000	3 867 000
Total Equity and Debt	17 336 000	13 630 000	13 547 000	13 849 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,17 %	48,94 %	91,74 %	116,87 %
Debt-to-Equity Ratio	0	0,39	0,99	3,51
Operating Profit Margin	6,72 %	5,67 %	5,52 %	4,93 %
Current Ratio	1,27	3,18	2,23	3,01
Quick Ratio	187,83	−1,94	−2,77	−2,18
Equity Ratio	0,38	0,5	0,29	0,16
Gross Profit Margin	13,16 %	11,93 %	10,82 %	11,95 %