GRANVIN STEIN AS

5736 GRANVIN

Finances

Share Ownership

Return on Equity

57,49 %

Current Ratio

1,65

Debt-to-Equity Ratio

3,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 510 000	26 212 000	11 546 000	2 676 000
Net Income	664 000	16 000	4 000	10 000
Total Assets	10 376 000	3 511 000	3 042 000	1 728 000
Total Equity	1 155 000	91 000	75 000	71 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 510 000	26 212 000	11 546 000	2 676 000
Expenditure	20 375 000	26 043 000	11 412 000	2 657 000
Operating Profit	1 135 000	169 000	134 000	19 000
Financial Income	148 000	1 000	14 000	0
Financial Costs	434 000	153 000	143 000	8 000
Financial Balance	−286 000	−152 000	−129 000	−8 000
Earnings Before Tax	849 000	16 000	4 000	10 000
Tax	185 000	0	0	0
Net Income	664 000	16 000	4 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 963 000	797 000	432 000	18 000
Total Current Assets	8 413 000	2 715 000	2 611 000	1 710 000
Total Assets	10 376 000	3 511 000	3 042 000	1 728 000
Total Retained Equity	842 000	3 000	−13 000	−17 000
Total Equity	1 155 000	91 000	75 000	71 000
Total Long-Term Debt	4 119 000	0	0	0
Total Current Debt	5 102 000	3 420 000	2 968 000	1 657 000
Total Equity and Debt	10 376 000	3 511 000	3 042 000	1 728 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 971 000	26 060 000	11 546 000	2 676 000
Other Income	540 000	152 000	0	0
Revenue	21 510 000	26 212 000	11 546 000	2 676 000
Cost of Goods Sold	4 818 000	16 593 000	5 558 000	849 000
Salary Costs	4 462 000	3 992 000	2 708 000	1 062 000
Depreciation	289 000	73 000	70 000	0
Impairment	0	0	0	0
Expenditure	20 375 000	26 043 000	11 412 000	2 657 000
Operating Profit	1 135 000	169 000	134 000	19 000
Financial Income	148 000	1 000	14 000	0
Financial Costs	434 000	153 000	143 000	8 000
Financial Balance	−286 000	−152 000	−129 000	−8 000
Dividends	0	0	0	0
Net Income	664 000	16 000	4 000	10 000

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	1 439 000	720 000	432 000	18 000
Fixtures	220 000	77 000	0	0
Total Tangible Assets	1 659 000	797 000	432 000	18 000
Total Fiancial Fixed Assets	303 000	0	0	0
Total Fixed Assets	1 963 000	797 000	432 000	18 000
Stock	3 729 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	253 000	213 000	115 000	364 000
Total Current Assets	8 413 000	2 715 000	2 611 000	1 710 000
Total Assets	10 376 000	3 511 000	3 042 000	1 728 000
Total Equity	1 155 000	91 000	75 000	71 000
Short-Term Group Debt	772 000	0	0	0
Total Long-Term Debt	4 119 000	0	0	0
Creditors	1 482 000	627 000	816 000	231 000
Unpaid Taxes	573 000	513 000	421 000	519 000
Dividends	0	0	0	0
Other Current Debt	1 597 000	1 478 000	346 000	907 000
Total Current Debt	5 102 000	3 420 000	2 968 000	1 657 000
Total Equity and Debt	10 376 000	3 511 000	3 042 000	1 728 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,49 %	17,58 %	5,33 %	14,08 %
Debt-to-Equity Ratio	3,57	0	0	0
Operating Profit Margin	5,28 %	0,64 %	1,16 %	0,71 %
Current Ratio	1,65	0,79	0,88	1,03
Quick Ratio	6,13	0,79	0,88	1,03
Equity Ratio	0,11	0,03	0,02	0,04
Gross Profit Margin	77,6 %	36,7 %	51,86 %	68,27 %