GRIMSTAD CHIPTUNING AS

4886 GRIMSTAD

Finances

Share Ownership

Return on Equity

−5,31 %

Current Ratio

1,47

Debt-to-Equity Ratio

2,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 304 000	4 757 000	4 213 000	2 947 000
Net Income	−13 000	68 000	46 000	−47 000
Total Assets	1 279 000	1 253 000	1 292 000	526 000
Total Equity	245 000	258 000	227 000	181 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 304 000	4 757 000	4 213 000	2 947 000
Expenditure	4 319 000	4 664 000	4 138 000	2 996 000
Operating Profit	−15 000	94 000	76 000	−48 000
Financial Income	5 000	1 000	0	0
Financial Costs	4 000	6 000	5 000	2 000
Financial Balance	1 000	−5 000	−5 000	−2 000
Earnings Before Tax	−14 000	89 000	71 000	−49 000
Tax	−1 000	22 000	25 000	−2 000
Net Income	−13 000	68 000	46 000	−47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	712 000	785 000	872 000	331 000
Total Current Assets	568 000	468 000	421 000	195 000
Total Assets	1 279 000	1 253 000	1 292 000	526 000
Total Retained Equity	181 000	194 000	163 000	117 000
Total Equity	245 000	258 000	227 000	181 000
Total Long-Term Debt	648 000	579 000	103 000	123 000
Total Current Debt	387 000	417 000	962 000	222 000
Total Equity and Debt	1 279 000	1 253 000	1 292 000	526 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 166 000	4 757 000	4 212 000	2 947 000
Other Income	138 000	0	2 000	0
Revenue	4 304 000	4 757 000	4 213 000	2 947 000
Cost of Goods Sold	2 501 000	2 805 000	2 318 000	1 261 000
Salary Costs	540 000	684 000	818 000	599 000
Depreciation	241 000	241 000	154 000	92 000
Impairment	0	0	0	0
Expenditure	4 319 000	4 664 000	4 138 000	2 996 000
Operating Profit	−15 000	94 000	76 000	−48 000
Financial Income	5 000	1 000	0	0
Financial Costs	4 000	6 000	5 000	2 000
Financial Balance	1 000	−5 000	−5 000	−2 000
Dividends	0	37 000	0	0
Net Income	−13 000	68 000	46 000	−47 000

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	158 000	213 000	220 000	188 000
Fixtures	554 000	572 000	651 000	143 000
Total Tangible Assets	712 000	785 000	872 000	331 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	712 000	785 000	872 000	331 000
Stock	129 000	48 000	15 000	7 000
Total Investments	0	0	0	0
Cash, Bank	151 000	70 000	285 000	104 000
Total Current Assets	568 000	468 000	421 000	195 000
Total Assets	1 279 000	1 253 000	1 292 000	526 000
Total Equity	245 000	258 000	227 000	181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	648 000	579 000	103 000	123 000
Creditors	188 000	108 000	783 000	44 000
Unpaid Taxes	137 000	190 000	42 000	131 000
Dividends	0	37 000	0	0
Other Current Debt	57 000	53 000	129 000	47 000
Total Current Debt	387 000	417 000	962 000	222 000
Total Equity and Debt	1 279 000	1 253 000	1 292 000	526 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,31 %	26,36 %	20,26 %	−25,97 %
Debt-to-Equity Ratio	2,64	2,24	0,45	0,68
Operating Profit Margin	−0,35 %	1,98 %	1,8 %	−1,63 %
Current Ratio	1,47	1,12	0,44	0,88
Quick Ratio	2,2	1,27	0,44	0,91
Equity Ratio	0,19	0,21	0,18	0,34
Gross Profit Margin	41,89 %	41,03 %	44,98 %	57,21 %