GRENLAND BIL AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

−7,51 %

Current Ratio

1,71

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 840 000	40 871 000	46 458 000	42 147 000
Net Income	−215 000	585 000	1 705 000	1 196 000
Total Assets	7 791 000	10 567 000	12 070 000	11 688 000
Total Equity	2 863 000	3 078 000	2 493 000	788 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 840 000	40 871 000	46 458 000	42 147 000
Expenditure	37 994 000	39 966 000	44 085 000	40 439 000
Operating Profit	−153 000	905 000	2 373 000	1 708 000
Financial Income	1 000	0	0	2 000
Financial Costs	114 000	151 000	185 000	175 000
Financial Balance	−113 000	−151 000	−185 000	−173 000
Earnings Before Tax	−266 000	753 000	2 188 000	1 534 000
Tax	−51 000	168 000	483 000	338 000
Net Income	−215 000	585 000	1 705 000	1 196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	165 000	43 000	47 000	71 000
Total Current Assets	7 626 000	10 524 000	12 023 000	11 617 000
Total Assets	7 791 000	10 567 000	12 070 000	11 688 000
Total Retained Equity	2 843 000	3 058 000	2 473 000	768 000
Total Equity	2 863 000	3 078 000	2 493 000	788 000
Total Long-Term Debt	463 000	675 000	1 267 000	1 197 000
Total Current Debt	4 465 000	6 814 000	8 310 000	9 703 000
Total Equity and Debt	7 791 000	10 567 000	12 070 000	11 688 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 372 000	40 341 000	45 829 000	41 575 000
Other Income	468 000	530 000	629 000	571 000
Revenue	37 840 000	40 871 000	46 458 000	42 147 000
Cost of Goods Sold	34 124 000	35 974 000	40 087 000	36 203 000
Salary Costs	2 169 000	2 539 000	2 374 000	2 613 000
Depreciation	40 000	30 000	24 000	19 000
Impairment	0	0	0	0
Expenditure	37 994 000	39 966 000	44 085 000	40 439 000
Operating Profit	−153 000	905 000	2 373 000	1 708 000
Financial Income	1 000	0	0	2 000
Financial Costs	114 000	151 000	185 000	175 000
Financial Balance	−113 000	−151 000	−185 000	−173 000
Dividends	0	0	0	0
Net Income	−215 000	585 000	1 705 000	1 196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	142 000	43 000	47 000	71 000
Total Tangible Assets	142 000	43 000	47 000	71 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	165 000	43 000	47 000	71 000
Stock	7 300 000	9 411 000	9 776 000	9 767 000
Total Investments	0	0	0	0
Cash, Bank	84 000	67 000	797 000	1 178 000
Total Current Assets	7 626 000	10 524 000	12 023 000	11 617 000
Total Assets	7 791 000	10 567 000	12 070 000	11 688 000
Total Equity	2 863 000	3 078 000	2 493 000	788 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	463 000	675 000	1 267 000	1 197 000
Creditors	39 000	2 000	75 000	138 000
Unpaid Taxes	125 000	127 000	200 000	206 000
Dividends	0	0	0	0
Other Current Debt	2 641 000	3 655 000	4 793 000	5 253 000
Total Current Debt	4 465 000	6 814 000	8 310 000	9 703 000
Total Equity and Debt	7 791 000	10 567 000	12 070 000	11 688 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,51 %	19,01 %	68,39 %	151,78 %
Debt-to-Equity Ratio	0,16	0,22	0,51	1,52
Operating Profit Margin	−0,4 %	2,21 %	5,11 %	4,05 %
Current Ratio	1,71	1,54	1,45	1,2
Quick Ratio	−2,69	−4,05	−8,2	−181,52
Equity Ratio	0,37	0,29	0,21	0,07
Gross Profit Margin	9,82 %	11,98 %	13,71 %	14,1 %