GRENLAND BILSERVICE AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

27,84 %

Current Ratio

1,52

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	188 405 000	175 558 000	152 622 000	121 109 000
Net Income	2 774 000	2 908 000	1 050 000	3 000
Total Assets	42 826 000	37 851 000	32 388 000	38 020 000
Total Equity	9 965 000	14 067 000	11 159 000	10 109 000

Income (NOK)	2022	2021	2020	2019
Revenue	188 405 000	175 558 000	152 622 000	121 109 000
Expenditure	184 408 000	171 346 000	150 793 000	120 770 000
Operating Profit	3 997 000	4 214 000	1 829 000	339 000
Financial Income	148 000	39 000	52 000	55 000
Financial Costs	576 000	517 000	529 000	389 000
Financial Balance	−428 000	−478 000	−477 000	−334 000
Earnings Before Tax	3 570 000	3 736 000	1 352 000	6 000
Tax	796 000	828 000	303 000	3 000
Net Income	2 774 000	2 908 000	1 050 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 442 000	12 852 000	10 069 000	8 828 000
Total Current Assets	35 384 000	24 999 000	22 320 000	29 192 000
Total Assets	42 826 000	37 851 000	32 388 000	38 020 000
Total Retained Equity	0	2 756 000	−153 000	−1 202 000
Total Equity	9 965 000	14 067 000	11 159 000	10 109 000
Total Long-Term Debt	9 586 000	12 271 000	9 333 000	7 163 000
Total Current Debt	23 275 000	11 513 000	11 897 000	20 747 000
Total Equity and Debt	42 826 000	37 851 000	32 388 000	38 020 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	185 565 000	172 063 000	149 581 000	119 603 000
Other Income	2 841 000	3 495 000	3 041 000	1 506 000
Revenue	188 405 000	175 558 000	152 622 000	121 109 000
Cost of Goods Sold	158 645 000	145 727 000	128 515 000	100 447 000
Salary Costs	16 081 000	15 693 000	13 907 000	12 461 000
Depreciation	598 000	2 316 000	1 422 000	1 215 000
Impairment	0	0	0	0
Expenditure	184 408 000	171 346 000	150 793 000	120 770 000
Operating Profit	3 997 000	4 214 000	1 829 000	339 000
Financial Income	148 000	39 000	52 000	55 000
Financial Costs	576 000	517 000	529 000	389 000
Financial Balance	−428 000	−478 000	−477 000	−334 000
Dividends	2 000 000	0	0	0
Net Income	2 774 000	2 908 000	1 050 000	3 000

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	4 687 000	10 097 000	7 314 000	6 073 000
Total Tangible Assets	4 687 000	10 097 000	7 314 000	6 073 000
Total Fiancial Fixed Assets	2 755 000	2 755 000	2 755 000	2 755 000
Total Fixed Assets	7 442 000	12 852 000	10 069 000	8 828 000
Stock	20 285 000	8 446 000	6 952 000	15 640 000
Total Investments	0	0	0	0
Cash, Bank	7 120 000	5 296 000	11 174 000	2 205 000
Total Current Assets	35 384 000	24 999 000	22 320 000	29 192 000
Total Assets	42 826 000	37 851 000	32 388 000	38 020 000
Total Equity	9 965 000	14 067 000	11 159 000	10 109 000
Short-Term Group Debt	6 026 000	0	0	0
Total Long-Term Debt	9 586 000	12 271 000	9 333 000	7 163 000
Creditors	9 695 000	5 973 000	5 192 000	11 223 000
Unpaid Taxes	1 710 000	1 444 000	1 472 000	1 612 000
Dividends	2 000 000	0	0	0
Other Current Debt	5 843 000	3 352 000	5 002 000	7 875 000
Total Current Debt	23 275 000	11 513 000	11 897 000	20 747 000
Total Equity and Debt	42 826 000	37 851 000	32 388 000	38 020 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,84 %	20,67 %	9,41 %	0,03 %
Debt-to-Equity Ratio	0,96	0,87	0,84	0,71
Operating Profit Margin	2,12 %	2,4 %	1,2 %	0,28 %
Current Ratio	1,52	2,17	1,88	1,41
Quick Ratio	11,83	8,15	4,51	5,72
Equity Ratio	0,23	0,37	0,34	0,27
Gross Profit Margin	15,8 %	16,99 %	15,8 %	17,06 %