GRIMSTAD BRUSFABRIKK AS

4876 GRIMSTAD

Finances

Share Ownership

Return on Equity

43,62 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 064 000	2 134 000	1 329 000	1 835 000
Net Income	301 000	121 000	78 000	161 000
Total Assets	1 854 000	1 053 000	789 000	1 024 000
Total Equity	690 000	390 000	268 000	191 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 064 000	2 134 000	1 329 000	1 835 000
Expenditure	2 677 000	1 968 000	1 232 000	1 617 000
Operating Profit	388 000	166 000	98 000	219 000
Financial Income	6 000	3 000	3 000	0
Financial Costs	8 000	13 000	1 000	12 000
Financial Balance	−2 000	−10 000	2 000	−12 000
Earnings Before Tax	386 000	155 000	100 000	206 000
Tax	85 000	34 000	22 000	46 000
Net Income	301 000	121 000	78 000	161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	20 000	20 000	0
Total Current Assets	1 819 000	1 032 000	769 000	1 024 000
Total Assets	1 854 000	1 053 000	789 000	1 024 000
Total Retained Equity	660 000	360 000	238 000	161 000
Total Equity	690 000	390 000	268 000	191 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	1 163 000	663 000	521 000	833 000
Total Equity and Debt	1 854 000	1 053 000	789 000	1 024 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 064 000	2 134 000	1 329 000	1 683 000
Other Income	0	0	0	152 000
Revenue	3 064 000	2 134 000	1 329 000	1 835 000
Cost of Goods Sold	2 196 000	1 572 000	927 000	1 352 000
Salary Costs	116 000	113 000	123 000	41 000
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 677 000	1 968 000	1 232 000	1 617 000
Operating Profit	388 000	166 000	98 000	219 000
Financial Income	6 000	3 000	3 000	0
Financial Costs	8 000	13 000	1 000	12 000
Financial Balance	−2 000	−10 000	2 000	−12 000
Dividends	0	0	0	0
Net Income	301 000	121 000	78 000	161 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	20 000	20 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 000	0	0	0
Total Tangible Assets	24 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	35 000	20 000	20 000	0
Stock	1 417 000	737 000	656 000	739 000
Total Investments	0	0	0	0
Cash, Bank	107 000	276 000	75 000	64 000
Total Current Assets	1 819 000	1 032 000	769 000	1 024 000
Total Assets	1 854 000	1 053 000	789 000	1 024 000
Total Equity	690 000	390 000	268 000	191 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	502 000	136 000	30 000	81 000
Unpaid Taxes	9 000	44 000	43 000	11 000
Dividends	0	0	0	0
Other Current Debt	576 000	448 000	406 000	704 000
Total Current Debt	1 163 000	663 000	521 000	833 000
Total Equity and Debt	1 854 000	1 053 000	789 000	1 024 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,62 %	31,03 %	29,1 %	84,29 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	12,66 %	7,78 %	7,37 %	11,93 %
Current Ratio	1,56	1,56	1,48	1,23
Quick Ratio	−7,16	−13,95	−5,7	10,89
Equity Ratio	0,37	0,37	0,34	0,19
Gross Profit Margin	28,33 %	26,34 %	30,25 %	26,32 %