GRANDUS AS

6700 MÅLØY

Finances

Share Ownership

Return on Equity

19,11 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 764 000	4 335 000	2 656 000	6 246 000
Net Income	296 000	279 000	57 000	1 178 000
Total Assets	2 758 000	2 696 000	1 339 000	2 607 000
Total Equity	1 549 000	1 343 000	1 064 000	1 197 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 764 000	4 335 000	2 656 000	6 246 000
Expenditure	5 377 000	3 982 000	2 576 000	4 731 000
Operating Profit	386 000	353 000	80 000	1 516 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	0	0	3 000	3 000
Financial Balance	3 000	0	−2 000	−2 000
Earnings Before Tax	389 000	353 000	78 000	1 513 000
Tax	93 000	74 000	21 000	335 000
Net Income	296 000	279 000	57 000	1 178 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	240 000	346 000	22 000	49 000
Total Current Assets	2 518 000	2 350 000	1 318 000	2 558 000
Total Assets	2 758 000	2 696 000	1 339 000	2 607 000
Total Retained Equity	1 529 000	1 323 000	1 045 000	1 178 000
Total Equity	1 549 000	1 343 000	1 064 000	1 197 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 210 000	1 353 000	275 000	1 409 000
Total Equity and Debt	2 758 000	2 696 000	1 339 000	2 607 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 765 000	4 335 000	2 611 000	6 246 000
Other Income	0	0	45 000	0
Revenue	5 764 000	4 335 000	2 656 000	6 246 000
Cost of Goods Sold	158 000	34 000	171 000	194 000
Salary Costs	4 595 000	3 230 000	1 867 000	3 981 000
Depreciation	106 000	67 000	27 000	22 000
Impairment	0	0	0	0
Expenditure	5 377 000	3 982 000	2 576 000	4 731 000
Operating Profit	386 000	353 000	80 000	1 516 000
Financial Income	3 000	0	1 000	1 000
Financial Costs	0	0	3 000	3 000
Financial Balance	3 000	0	−2 000	−2 000
Dividends	90 000	0	190 000	0
Net Income	296 000	279 000	57 000	1 178 000

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	240 000	346 000	22 000	49 000
Total Tangible Assets	240 000	346 000	22 000	49 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	240 000	346 000	22 000	49 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 782 000	1 491 000	1 125 000	1 951 000
Total Current Assets	2 518 000	2 350 000	1 318 000	2 558 000
Total Assets	2 758 000	2 696 000	1 339 000	2 607 000
Total Equity	1 549 000	1 343 000	1 064 000	1 197 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	35 000	62 000	45 000	24 000
Unpaid Taxes	473 000	724 000	28 000	485 000
Dividends	90 000	0	190 000	0
Other Current Debt	608 000	493 000	181 000	565 000
Total Current Debt	1 210 000	1 353 000	275 000	1 409 000
Total Equity and Debt	2 758 000	2 696 000	1 339 000	2 607 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,11 %	20,77 %	5,36 %	98,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,7 %	8,14 %	3,01 %	24,27 %
Current Ratio	2,08	1,74	4,79	1,82
Quick Ratio	2,08	1,74	4,79	1,82
Equity Ratio	0,56	0,5	0,79	0,46
Gross Profit Margin	97,26 %	99,22 %	93,56 %	96,89 %