GRUNNVÅG BYGGSERVICE AS

9027 RAMFJORDBOTN

Finances

Share Ownership

Return on Equity

57,14 %

Current Ratio

1,29

Debt-to-Equity Ratio

1,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 337 000	1 905 000	2 167 000	2 949 000
Net Income	180 000	−143 000	175 000	80 000
Total Assets	1 656 000	916 000	1 376 000	500 000
Total Equity	315 000	135 000	278 000	103 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 337 000	1 905 000	2 167 000	2 949 000
Expenditure	3 080 000	2 067 000	1 928 000	2 837 000
Operating Profit	257 000	−163 000	239 000	113 000
Financial Income	0	0	0	0
Financial Costs	24 000	21 000	14 000	9 000
Financial Balance	−24 000	−21 000	−14 000	−9 000
Earnings Before Tax	234 000	−183 000	224 000	104 000
Tax	53 000	−40 000	49 000	24 000
Net Income	180 000	−143 000	175 000	80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	475 000	581 000	673 000	186 000
Total Current Assets	1 181 000	335 000	702 000	314 000
Total Assets	1 656 000	916 000	1 376 000	500 000
Total Retained Equity	285 000	105 000	248 000	73 000
Total Equity	315 000	135 000	278 000	103 000
Total Long-Term Debt	424 000	468 000	566 000	109 000
Total Current Debt	917 000	313 000	532 000	288 000
Total Equity and Debt	1 656 000	916 000	1 376 000	500 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 330 000	1 892 000	2 167 000	2 949 000
Other Income	8 000	13 000	0	0
Revenue	3 337 000	1 905 000	2 167 000	2 949 000
Cost of Goods Sold	1 070 000	292 000	827 000	1 206 000
Salary Costs	1 419 000	1 278 000	649 000	1 084 000
Depreciation	116 000	108 000	48 000	28 000
Impairment	0	0	0	0
Expenditure	3 080 000	2 067 000	1 928 000	2 837 000
Operating Profit	257 000	−163 000	239 000	113 000
Financial Income	0	0	0	0
Financial Costs	24 000	21 000	14 000	9 000
Financial Balance	−24 000	−21 000	−14 000	−9 000
Dividends	0	0	0	0
Net Income	180 000	−143 000	175 000	80 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	9 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	467 000	561 000	658 000	186 000
Total Tangible Assets	467 000	561 000	658 000	186 000
Total Fiancial Fixed Assets	8 000	12 000	16 000	0
Total Fixed Assets	475 000	581 000	673 000	186 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	322 000	303 000	162 000	300 000
Total Current Assets	1 181 000	335 000	702 000	314 000
Total Assets	1 656 000	916 000	1 376 000	500 000
Total Equity	315 000	135 000	278 000	103 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	424 000	468 000	566 000	109 000
Creditors	211 000	91 000	292 000	42 000
Unpaid Taxes	216 000	106 000	125 000	98 000
Dividends	0	0	0	0
Other Current Debt	477 000	115 000	93 000	128 000
Total Current Debt	917 000	313 000	532 000	288 000
Total Equity and Debt	1 656 000	916 000	1 376 000	500 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,14 %	−105,93 %	62,95 %	77,67 %
Debt-to-Equity Ratio	1,35	3,47	2,04	1,06
Operating Profit Margin	7,7 %	−8,56 %	11,03 %	3,83 %
Current Ratio	1,29	1,07	1,32	1,09
Quick Ratio	1,29	1,07	1,32	1,09
Equity Ratio	0,19	0,15	0,2	0,21
Gross Profit Margin	67,94 %	84,67 %	61,84 %	59,1 %