GRINDAFJELL TRANSPORT AS

2975 VANG I VALDRES

Finances

Share Ownership

Return on Equity

5,21 %

Current Ratio

3,53

Debt-to-Equity Ratio

1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 927 000	2 294 000	1 904 000	2 150 000
Net Income	41 000	177 000	226 000	49 000
Total Assets	2 342 000	2 272 000	2 704 000	2 597 000
Total Equity	787 000	746 000	569 000	343 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 927 000	2 294 000	1 904 000	2 150 000
Expenditure	1 835 000	2 019 000	1 551 000	2 012 000
Operating Profit	91 000	275 000	353 000	139 000
Financial Income	1 000	6 000	0	0
Financial Costs	39 000	53 000	64 000	76 000
Financial Balance	−38 000	−47 000	−64 000	−76 000
Earnings Before Tax	53 000	227 000	290 000	63 000
Tax	12 000	50 000	64 000	14 000
Net Income	41 000	177 000	226 000	49 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 431 000	1 609 000	1 600 000	1 797 000
Total Current Assets	911 000	664 000	1 104 000	801 000
Total Assets	2 342 000	2 272 000	2 704 000	2 597 000
Total Retained Equity	757 000	716 000	539 000	313 000
Total Equity	787 000	746 000	569 000	343 000
Total Long-Term Debt	1 297 000	1 261 000	1 822 000	1 984 000
Total Current Debt	258 000	265 000	313 000	270 000
Total Equity and Debt	2 342 000	2 272 000	2 704 000	2 597 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 927 000	2 294 000	1 904 000	2 150 000
Other Income	0	0	0	0
Revenue	1 927 000	2 294 000	1 904 000	2 150 000
Cost of Goods Sold	0	0	0	0
Salary Costs	738 000	730 000	762 000	710 000
Depreciation	248 000	222 000	220 000	218 000
Impairment	0	0	0	0
Expenditure	1 835 000	2 019 000	1 551 000	2 012 000
Operating Profit	91 000	275 000	353 000	139 000
Financial Income	1 000	6 000	0	0
Financial Costs	39 000	53 000	64 000	76 000
Financial Balance	−38 000	−47 000	−64 000	−76 000
Dividends	0	0	0	0
Net Income	41 000	177 000	226 000	49 000

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	1 431 000	1 609 000	1 600 000	1 797 000
Total Tangible Assets	1 431 000	1 609 000	1 600 000	1 797 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 431 000	1 609 000	1 600 000	1 797 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	699 000	631 000	897 000	552 000
Total Current Assets	911 000	664 000	1 104 000	801 000
Total Assets	2 342 000	2 272 000	2 704 000	2 597 000
Total Equity	787 000	746 000	569 000	343 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 297 000	1 261 000	1 822 000	1 984 000
Creditors	74 000	73 000	68 000	66 000
Unpaid Taxes	56 000	45 000	111 000	82 000
Dividends	0	0	0	0
Other Current Debt	114 000	112 000	120 000	123 000
Total Current Debt	258 000	265 000	313 000	270 000
Total Equity and Debt	2 342 000	2 272 000	2 704 000	2 597 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,21 %	23,73 %	39,72 %	14,29 %
Debt-to-Equity Ratio	1,65	1,69	3,2	5,78
Operating Profit Margin	4,72 %	11,99 %	18,54 %	6,47 %
Current Ratio	3,53	2,51	3,53	2,97
Quick Ratio	3,53	2,51	3,53	2,97
Equity Ratio	0,34	0,33	0,21	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %