GRENSESNITT AS

4344 BRYNE

Finances

Share Ownership

Return on Equity

68,36 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 661 000	11 315 000	5 312 000	3 408 000
Net Income	1 860 000	1 587 000	366 000	273 000
Total Assets	8 124 000	5 594 000	2 715 000	1 713 000
Total Equity	2 721 000	1 861 000	1 073 000	958 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 661 000	11 315 000	5 312 000	3 408 000
Expenditure	14 322 000	9 247 000	4 844 000	3 054 000
Operating Profit	2 339 000	2 068 000	468 000	355 000
Financial Income	51 000	2 000	2 000	1 000
Financial Costs	4 000	22 000	1 000	1 000
Financial Balance	47 000	−20 000	1 000	0
Earnings Before Tax	2 386 000	2 048 000	469 000	354 000
Tax	526 000	460 000	103 000	80 000
Net Income	1 860 000	1 587 000	366 000	273 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	279 000	167 000	99 000	56 000
Total Current Assets	7 845 000	5 428 000	2 616 000	1 658 000
Total Assets	8 124 000	5 594 000	2 715 000	1 713 000
Total Retained Equity	2 515 000	1 655 000	867 000	752 000
Total Equity	2 721 000	1 861 000	1 073 000	958 000
Total Long-Term Debt	0	2 000	1 000	1 000
Total Current Debt	5 403 000	3 731 000	1 640 000	754 000
Total Equity and Debt	8 124 000	5 594 000	2 715 000	1 713 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 661 000	11 315 000	5 312 000	3 158 000
Other Income	0	0	0	250 000
Revenue	16 661 000	11 315 000	5 312 000	3 408 000
Cost of Goods Sold	772 000	246 000	0	0
Salary Costs	11 306 000	7 610 000	3 858 000	2 332 000
Depreciation	139 000	59 000	42 000	20 000
Impairment	0	0	0	0
Expenditure	14 322 000	9 247 000	4 844 000	3 054 000
Operating Profit	2 339 000	2 068 000	468 000	355 000
Financial Income	51 000	2 000	2 000	1 000
Financial Costs	4 000	22 000	1 000	1 000
Financial Balance	47 000	−20 000	1 000	0
Dividends	1 000 000	800 000	250 000	0
Net Income	1 860 000	1 587 000	366 000	273 000

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	279 000	167 000	99 000	56 000
Total Tangible Assets	279 000	167 000	99 000	56 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	279 000	167 000	99 000	56 000
Stock	0	0	0	0
Total Investments	0	0	30 000	30 000
Cash, Bank	4 798 000	4 057 000	1 718 000	1 240 000
Total Current Assets	7 845 000	5 428 000	2 616 000	1 658 000
Total Assets	8 124 000	5 594 000	2 715 000	1 713 000
Total Equity	2 721 000	1 861 000	1 073 000	958 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	1 000	1 000
Creditors	525 000	274 000	166 000	161 000
Unpaid Taxes	1 297 000	962 000	655 000	261 000
Dividends	1 000 000	800 000	250 000	0
Other Current Debt	2 012 000	1 212 000	461 000	251 000
Total Current Debt	5 403 000	3 731 000	1 640 000	754 000
Total Equity and Debt	8 124 000	5 594 000	2 715 000	1 713 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,36 %	85,28 %	34,11 %	28,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,04 %	18,28 %	8,81 %	10,42 %
Current Ratio	1,45	1,45	1,6	2,2
Quick Ratio	1,45	1,45	1,6	2,2
Equity Ratio	0,33	0,33	0,4	0,56
Gross Profit Margin	95,37 %	97,83 %	100 %	100 %