GRIBBESTAD AS

6570 SMØLA

Finances

Share Ownership

Return on Equity

68,86 %

Current Ratio

0,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 959 000	1 247 000	748 000	1 257 000
Net Income	586 000	−303 000	−497 000	819 000
Total Assets	4 606 000	4 106 000	973 000	1 564 000
Total Equity	851 000	265 000	568 000	1 065 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 959 000	1 247 000	748 000	1 257 000
Expenditure	2 270 000	1 497 000	1 292 000	206 000
Operating Profit	689 000	−250 000	−544 000	1 051 000
Financial Income	7 000	1 000	0	0
Financial Costs	108 000	54 000	15 000	1 000
Financial Balance	−101 000	−53 000	−15 000	−1 000
Earnings Before Tax	588 000	−303 000	−559 000	1 050 000
Tax	2 000	0	−62 000	231 000
Net Income	586 000	−303 000	−497 000	819 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 833 000	3 617 000	455 000	1 001 000
Total Current Assets	773 000	489 000	518 000	563 000
Total Assets	4 606 000	4 106 000	973 000	1 564 000
Total Retained Equity	821 000	235 000	538 000	1 035 000
Total Equity	851 000	265 000	568 000	1 065 000
Total Long-Term Debt	1 702 000	1 900 000	0	19 000
Total Current Debt	2 054 000	1 941 000	406 000	481 000
Total Equity and Debt	4 606 000	4 106 000	973 000	1 564 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 515 000	1 224 000	737 000	1 257 000
Other Income	444 000	23 000	11 000	0
Revenue	2 959 000	1 247 000	748 000	1 257 000
Cost of Goods Sold	0	0	363 000	0
Salary Costs	876 000	742 000	145 000	0
Depreciation	323 000	166 000	81 000	62 000
Impairment	0	0	0	0
Expenditure	2 270 000	1 497 000	1 292 000	206 000
Operating Profit	689 000	−250 000	−544 000	1 051 000
Financial Income	7 000	1 000	0	0
Financial Costs	108 000	54 000	15 000	1 000
Financial Balance	−101 000	−53 000	−15 000	−1 000
Dividends	0	0	0	234 000
Net Income	586 000	−303 000	−497 000	819 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 000	27 000	33 000	39 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	377 000	270 000	128 000	178 000
Total Tangible Assets	3 786 000	3 570 000	408 000	768 000
Total Fiancial Fixed Assets	47 000	47 000	47 000	233 000
Total Fixed Assets	3 833 000	3 617 000	455 000	1 001 000
Stock	0	0	0	363 000
Total Investments	0	0	0	0
Cash, Bank	270 000	449 000	10 000	200 000
Total Current Assets	773 000	489 000	518 000	563 000
Total Assets	4 606 000	4 106 000	973 000	1 564 000
Total Equity	851 000	265 000	568 000	1 065 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 702 000	1 900 000	0	19 000
Creditors	161 000	7 000	6 000	2 000
Unpaid Taxes	57 000	59 000	39 000	26 000
Dividends	0	0	0	234 000
Other Current Debt	1 836 000	1 874 000	360 000	0
Total Current Debt	2 054 000	1 941 000	406 000	481 000
Total Equity and Debt	4 606 000	4 106 000	973 000	1 564 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,86 %	−114,34 %	−87,5 %	76,9 %
Debt-to-Equity Ratio	2	7,17	0	0,02
Operating Profit Margin	23,28 %	−20,05 %	−72,73 %	83,61 %
Current Ratio	0,38	0,25	1,28	1,17
Quick Ratio	0,38	0,25	1,28	4,77
Equity Ratio	0,18	0,06	0,58	0,68
Gross Profit Margin	100 %	100 %	51,47 %	100 %