GRIM MASKIN SERVICE AS

2004 LILLESTRØM

Finances

Share Ownership

Return on Equity

13,85 %

Current Ratio

Debt-to-Equity Ratio

1,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 129 000	29 931 000	27 105 000	25 689 000
Net Income	395 000	1 350 000	1 097 000	75 000
Total Assets	10 962 000	10 555 000	8 829 000	7 502 000
Total Equity	2 851 000	2 456 000	1 202 000	105 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 129 000	29 931 000	27 105 000	25 689 000
Expenditure	27 435 000	28 027 000	25 512 000	25 409 000
Operating Profit	694 000	1 905 000	1 592 000	281 000
Financial Income	89 000	0	0	0
Financial Costs	270 000	174 000	181 000	180 000
Financial Balance	−181 000	−174 000	−181 000	−180 000
Earnings Before Tax	514 000	1 731 000	1 411 000	101 000
Tax	118 000	381 000	315 000	26 000
Net Income	395 000	1 350 000	1 097 000	75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	644 000	558 000	635 000	770 000
Total Current Assets	10 319 000	9 997 000	8 194 000	6 732 000
Total Assets	10 962 000	10 555 000	8 829 000	7 502 000
Total Retained Equity	2 821 000	2 426 000	1 172 000	75 000
Total Equity	2 851 000	2 456 000	1 202 000	105 000
Total Long-Term Debt	2 948 000	3 223 000	1 635 000	1 737 000
Total Current Debt	5 163 000	4 876 000	5 992 000	5 659 000
Total Equity and Debt	10 962 000	10 555 000	8 829 000	7 502 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 089 000	29 786 000	27 054 000	25 652 000
Other Income	40 000	146 000	50 000	37 000
Revenue	28 129 000	29 931 000	27 105 000	25 689 000
Cost of Goods Sold	17 049 000	18 829 000	17 376 000	17 551 000
Salary Costs	6 780 000	5 502 000	4 945 000	4 779 000
Depreciation	220 000	176 000	160 000	181 000
Impairment	0	0	0	0
Expenditure	27 435 000	28 027 000	25 512 000	25 409 000
Operating Profit	694 000	1 905 000	1 592 000	281 000
Financial Income	89 000	0	0	0
Financial Costs	270 000	174 000	181 000	180 000
Financial Balance	−181 000	−174 000	−181 000	−180 000
Dividends	0	0	0	0
Net Income	395 000	1 350 000	1 097 000	75 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	130 000	72 000	69 000	74 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	514 000	472 000	551 000	681 000
Total Tangible Assets	514 000	472 000	551 000	681 000
Total Fiancial Fixed Assets	0	15 000	15 000	15 000
Total Fixed Assets	644 000	558 000	635 000	770 000
Stock	7 717 000	7 471 000	6 265 000	5 607 000
Total Investments	0	0	0	0
Cash, Bank	208 000	153 000	212 000	165 000
Total Current Assets	10 319 000	9 997 000	8 194 000	6 732 000
Total Assets	10 962 000	10 555 000	8 829 000	7 502 000
Total Equity	2 851 000	2 456 000	1 202 000	105 000
Short-Term Group Debt	240 000	100 000	0	0
Total Long-Term Debt	2 948 000	3 223 000	1 635 000	1 737 000
Creditors	1 513 000	1 998 000	2 936 000	3 757 000
Unpaid Taxes	955 000	963 000	476 000	484 000
Dividends	0	0	0	0
Other Current Debt	539 000	581 000	493 000	474 000
Total Current Debt	5 163 000	4 876 000	5 992 000	5 659 000
Total Equity and Debt	10 962 000	10 555 000	8 829 000	7 502 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,85 %	54,97 %	91,26 %	71,43 %
Debt-to-Equity Ratio	1,03	1,31	1,36	16,54
Operating Profit Margin	2,47 %	6,36 %	5,87 %	1,09 %
Current Ratio	2	2,05	1,37	1,19
Quick Ratio	−4,04	−3,85	−30,01	129,46
Equity Ratio	0,26	0,23	0,14	0,01
Gross Profit Margin	39,39 %	37,09 %	35,89 %	31,68 %