GRENLAND ASFALT OG MASKINTJENESTER AS

3729 SKIEN

Finances

Return on Equity

10,34 %

Current Ratio

2,53

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 535 000	17 964 000	18 168 000	9 939 000
Net Income	545 000	1 136 000	2 177 000	2 192 000
Total Assets	7 474 000	7 001 000	8 074 000	3 763 000
Total Equity	5 270 000	4 726 000	3 590 000	2 212 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 535 000	17 964 000	18 168 000	9 939 000
Expenditure	19 820 000	16 495 000	15 363 000	7 113 000
Operating Profit	715 000	1 469 000	2 806 000	2 827 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	16 000	12 000	4 000	14 000
Financial Balance	−15 000	−11 000	−3 000	−13 000
Earnings Before Tax	700 000	1 458 000	2 803 000	2 815 000
Tax	155 000	321 000	626 000	623 000
Net Income	545 000	1 136 000	2 177 000	2 192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 261 000	2 560 000	2 157 000	1 260 000
Total Current Assets	5 213 000	4 441 000	5 917 000	2 504 000
Total Assets	7 474 000	7 001 000	8 074 000	3 763 000
Total Retained Equity	5 250 000	4 706 000	3 570 000	2 192 000
Total Equity	5 270 000	4 726 000	3 590 000	2 212 000
Total Long-Term Debt	140 000	59 000	75 000	212 000
Total Current Debt	2 063 000	2 216 000	4 410 000	1 339 000
Total Equity and Debt	7 474 000	7 001 000	8 074 000	3 763 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 052 000	17 964 000	18 168 000	9 939 000
Other Income	483 000	0	0	0
Revenue	20 535 000	17 964 000	18 168 000	9 939 000
Cost of Goods Sold	9 305 000	8 803 000	10 250 000	5 666 000
Salary Costs	4 351 000	3 166 000	2 429 000	469 000
Depreciation	641 000	528 000	354 000	95 000
Impairment	0	0	0	0
Expenditure	19 820 000	16 495 000	15 363 000	7 113 000
Operating Profit	715 000	1 469 000	2 806 000	2 827 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	16 000	12 000	4 000	14 000
Financial Balance	−15 000	−11 000	−3 000	−13 000
Dividends	0	0	800 000	0
Net Income	545 000	1 136 000	2 177 000	2 192 000

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	1 780 000	1 042 000	0	0
Fixtures	481 000	1 518 000	2 157 000	1 260 000
Total Tangible Assets	2 261 000	2 560 000	2 157 000	1 260 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 261 000	2 560 000	2 157 000	1 260 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 128 000	3 413 000	3 781 000	1 836 000
Total Current Assets	5 213 000	4 441 000	5 917 000	2 504 000
Total Assets	7 474 000	7 001 000	8 074 000	3 763 000
Total Equity	5 270 000	4 726 000	3 590 000	2 212 000
Short-Term Group Debt	0	0	8 000	0
Total Long-Term Debt	140 000	59 000	75 000	212 000
Creditors	949 000	887 000	2 279 000	475 000
Unpaid Taxes	590 000	680 000	309 000	234 000
Dividends	0	0	800 000	0
Other Current Debt	450 000	311 000	416 000	53 000
Total Current Debt	2 063 000	2 216 000	4 410 000	1 339 000
Total Equity and Debt	7 474 000	7 001 000	8 074 000	3 763 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,34 %	24,04 %	60,64 %	99,1 %
Debt-to-Equity Ratio	0,03	0,01	0,02	0,1
Operating Profit Margin	3,48 %	8,18 %	15,44 %	28,44 %
Current Ratio	2,53	2	1,34	1,87
Quick Ratio	2,53	2	1,34	1,87
Equity Ratio	0,71	0,68	0,44	0,59
Gross Profit Margin	54,69 %	51 %	43,58 %	42,99 %