GRENLAND RØRLEGGERSERVICE A/S

3941 PORSGRUNN

Finances

Share Ownership

Return on Equity

29,69 %

Current Ratio

0,8

Debt-to-Equity Ratio

1,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 038 000	2 506 000	1 438 000	2 377 000
Net Income	87 000	−75 000	−58 000	165 000
Total Assets	1 243 000	1 526 000	1 586 000	785 000
Total Equity	293 000	182 000	256 000	315 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 038 000	2 506 000	1 438 000	2 377 000
Expenditure	1 885 000	2 544 000	1 454 000	2 115 000
Operating Profit	153 000	−37 000	−16 000	263 000
Financial Income	0	0	0	1 000
Financial Costs	41 000	58 000	58 000	52 000
Financial Balance	−41 000	−58 000	−58 000	−51 000
Earnings Before Tax	111 000	−96 000	−75 000	212 000
Tax	24 000	−21 000	−16 000	47 000
Net Income	87 000	−75 000	−58 000	165 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	950 000	1 182 000	1 366 000	459 000
Total Current Assets	293 000	343 000	220 000	327 000
Total Assets	1 243 000	1 526 000	1 586 000	785 000
Total Retained Equity	202 000	91 000	165 000	224 000
Total Equity	293 000	182 000	256 000	315 000
Total Long-Term Debt	583 000	753 000	936 000	1 000
Total Current Debt	367 000	591 000	393 000	470 000
Total Equity and Debt	1 243 000	1 526 000	1 586 000	785 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 038 000	2 506 000	1 438 000	2 377 000
Other Income	0	0	0	0
Revenue	2 038 000	2 506 000	1 438 000	2 377 000
Cost of Goods Sold	609 000	718 000	487 000	755 000
Salary Costs	671 000	1 158 000	402 000	981 000
Depreciation	205 000	214 000	227 000	48 000
Impairment	0	0	0	0
Expenditure	1 885 000	2 544 000	1 454 000	2 115 000
Operating Profit	153 000	−37 000	−16 000	263 000
Financial Income	0	0	0	1 000
Financial Costs	41 000	58 000	58 000	52 000
Financial Balance	−41 000	−58 000	−58 000	−51 000
Dividends	0	0	0	0
Net Income	87 000	−75 000	−58 000	165 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 000	37 000	16 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	378 000	583 000	798 000	149 000
Total Tangible Assets	378 000	583 000	798 000	149 000
Total Fiancial Fixed Assets	535 000	562 000	552 000	309 000
Total Fixed Assets	950 000	1 182 000	1 366 000	459 000
Stock	72 000	94 000	92 000	72 000
Total Investments	0	0	0	0
Cash, Bank	11 000	73 000	27 000	90 000
Total Current Assets	293 000	343 000	220 000	327 000
Total Assets	1 243 000	1 526 000	1 586 000	785 000
Total Equity	293 000	182 000	256 000	315 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	583 000	753 000	936 000	1 000
Creditors	163 000	164 000	219 000	400 000
Unpaid Taxes	106 000	211 000	67 000	−81 000
Dividends	0	0	0	0
Other Current Debt	98 000	215 000	108 000	103 000
Total Current Debt	367 000	591 000	393 000	470 000
Total Equity and Debt	1 243 000	1 526 000	1 586 000	785 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,69 %	−41,21 %	−22,66 %	52,38 %
Debt-to-Equity Ratio	1,99	4,14	3,66	0
Operating Profit Margin	7,51 %	−1,48 %	−1,11 %	11,06 %
Current Ratio	0,8	0,58	0,56	0,7
Quick Ratio	0,99	0,69	0,73	0,82
Equity Ratio	0,24	0,12	0,16	0,4
Gross Profit Margin	70,12 %	71,35 %	66,13 %	68,24 %