GREVSTAD & TVEDT VVS AS

5068 BERGEN

Finances

Return on Equity

61,41 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	156 722 000	110 730 000	84 714 000	134 018 000
Net Income	10 860 000	9 914 000	1 383 000	7 248 000
Total Assets	63 933 000	44 503 000	38 622 000	42 074 000
Total Equity	17 683 000	16 723 000	10 409 000	9 026 000

Income (NOK)	2022	2021	2020	2019
Revenue	156 722 000	110 730 000	84 714 000	134 018 000
Expenditure	142 776 000	98 030 000	82 853 000	124 554 000
Operating Profit	13 946 000	12 700 000	1 861 000	9 465 000
Financial Income	106 000	98 000	77 000	79 000
Financial Costs	118 000	82 000	163 000	245 000
Financial Balance	−12 000	16 000	−86 000	−166 000
Earnings Before Tax	13 934 000	12 715 000	1 775 000	9 299 000
Tax	3 074 000	2 801 000	392 000	2 051 000
Net Income	10 860 000	9 914 000	1 383 000	7 248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 669 000	5 337 000	5 122 000	4 739 000
Total Current Assets	62 264 000	39 165 000	33 500 000	37 335 000
Total Assets	63 933 000	44 503 000	38 622 000	42 074 000
Total Retained Equity	14 104 000	13 144 000	6 830 000	5 448 000
Total Equity	17 683 000	16 723 000	10 409 000	9 026 000
Total Long-Term Debt	5 935 000	4 377 000	1 679 000	3 572 000
Total Current Debt	40 315 000	23 403 000	26 534 000	29 476 000
Total Equity and Debt	63 933 000	44 503 000	38 622 000	42 074 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	156 704 000	109 861 000	83 635 000	133 721 000
Other Income	18 000	869 000	1 079 000	297 000
Revenue	156 722 000	110 730 000	84 714 000	134 018 000
Cost of Goods Sold	90 751 000	56 330 000	48 480 000	94 170 000
Salary Costs	39 498 000	30 248 000	25 151 000	22 152 000
Depreciation	891 000	611 000	556 000	612 000
Impairment	0	0	0	0
Expenditure	142 776 000	98 030 000	82 853 000	124 554 000
Operating Profit	13 946 000	12 700 000	1 861 000	9 465 000
Financial Income	106 000	98 000	77 000	79 000
Financial Costs	118 000	82 000	163 000	245 000
Financial Balance	−12 000	16 000	−86 000	−166 000
Dividends	9 900 000	3 600 000	0	3 600 000
Net Income	10 860 000	9 914 000	1 383 000	7 248 000

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	1 571 000	1 671 000	1 736 000	1 710 000
Total Tangible Assets	1 571 000	1 671 000	1 736 000	1 710 000
Total Fiancial Fixed Assets	98 000	3 667 000	3 386 000	3 029 000
Total Fixed Assets	1 669 000	5 337 000	5 122 000	4 739 000
Stock	251 000	251 000	329 000	0
Total Investments	0	0	0	0
Cash, Bank	18 307 000	12 607 000	1 141 000	1 779 000
Total Current Assets	62 264 000	39 165 000	33 500 000	37 335 000
Total Assets	63 933 000	44 503 000	38 622 000	42 074 000
Total Equity	17 683 000	16 723 000	10 409 000	9 026 000
Short-Term Group Debt	6 600 000	0	0	0
Total Long-Term Debt	5 935 000	4 377 000	1 679 000	3 572 000
Creditors	21 582 000	13 451 000	13 757 000	19 630 000
Unpaid Taxes	4 126 000	4 646 000	4 518 000	4 432 000
Dividends	9 900 000	3 600 000	0	3 600 000
Other Current Debt	6 596 000	5 305 000	4 195 000	5 413 000
Total Current Debt	40 315 000	23 403 000	26 534 000	29 476 000
Total Equity and Debt	63 933 000	44 503 000	38 622 000	42 074 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,41 %	59,28 %	13,29 %	80,3 %
Debt-to-Equity Ratio	0,34	0,26	0,16	0,4
Operating Profit Margin	8,9 %	11,47 %	2,2 %	7,06 %
Current Ratio	1,54	1,67	1,26	1,27
Quick Ratio	1,55	1,69	1,28	1,27
Equity Ratio	0,28	0,38	0,27	0,21
Gross Profit Margin	42,09 %	49,13 %	42,77 %	29,73 %