GRIMAREN AS

9775 GAMVIK

Finances

Share Ownership

Return on Equity

15,61 %

Current Ratio

2,29

Debt-to-Equity Ratio

1,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 043 000	822 000	315 000	422 000
Net Income	103 000	257 000	82 000	91 000
Total Assets	1 622 000	769 000	453 000	356 000
Total Equity	660 000	557 000	301 000	219 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 043 000	822 000	315 000	422 000
Expenditure	904 000	493 000	220 000	331 000
Operating Profit	139 000	329 000	95 000	91 000
Financial Income	0	0	0	0
Financial Costs	7 000	0	0	0
Financial Balance	−7 000	0	0	0
Earnings Before Tax	132 000	329 000	95 000	91 000
Tax	29 000	72 000	13 000	0
Net Income	103 000	257 000	82 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	968 000	511 000	109 000	48 000
Total Current Assets	653 000	258 000	345 000	308 000
Total Assets	1 622 000	769 000	453 000	356 000
Total Retained Equity	630 000	527 000	271 000	189 000
Total Equity	660 000	557 000	301 000	219 000
Total Long-Term Debt	677 000	17 000	1 000	0
Total Current Debt	285 000	195 000	151 000	136 000
Total Equity and Debt	1 622 000	769 000	453 000	356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	931 000	822 000	315 000	422 000
Other Income	111 000	0	0	0
Revenue	1 043 000	822 000	315 000	422 000
Cost of Goods Sold	0	7 000	0	0
Salary Costs	589 000	226 000	97 000	168 000
Depreciation	93 000	49 000	17 000	14 000
Impairment	0	0	0	0
Expenditure	904 000	493 000	220 000	331 000
Operating Profit	139 000	329 000	95 000	91 000
Financial Income	0	0	0	0
Financial Costs	7 000	0	0	0
Financial Balance	−7 000	0	0	0
Dividends	0	0	0	0
Net Income	103 000	257 000	82 000	91 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	903 000	0	0	0
Machinery and Plant Facilities	5 000	19 000	34 000	48 000
Fixtures	61 000	491 000	75 000	0
Total Tangible Assets	968 000	511 000	109 000	48 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	968 000	511 000	109 000	48 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	367 000	228 000	109 000	132 000
Total Current Assets	653 000	258 000	345 000	308 000
Total Assets	1 622 000	769 000	453 000	356 000
Total Equity	660 000	557 000	301 000	219 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	677 000	17 000	1 000	0
Creditors	0	12 000	71 000	10 000
Unpaid Taxes	176 000	101 000	48 000	90 000
Dividends	0	0	0	0
Other Current Debt	79 000	25 000	20 000	36 000
Total Current Debt	285 000	195 000	151 000	136 000
Total Equity and Debt	1 622 000	769 000	453 000	356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,61 %	46,14 %	27,24 %	41,55 %
Debt-to-Equity Ratio	1,03	0,03	0	0
Operating Profit Margin	13,33 %	40,02 %	30,16 %	21,56 %
Current Ratio	2,29	1,32	2,28	2,26
Quick Ratio	2,29	1,32	2,28	2,26
Equity Ratio	0,41	0,72	0,66	0,62
Gross Profit Margin	100 %	99,15 %	100 %	100 %