GRANNAR AS

5590 ETNE

Finances

Return on Equity

−4,93 %

Current Ratio

1,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 360 000	11 585 000	11 245 000	11 488 000
Net Income	−292 000	467 000	355 000	−168 000
Total Assets	10 811 000	11 648 000	11 316 000	9 528 000
Total Equity	5 927 000	6 219 000	5 942 000	5 587 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 360 000	11 585 000	11 245 000	11 488 000
Expenditure	12 897 000	11 207 000	11 017 000	11 930 000
Operating Profit	−538 000	379 000	228 000	−442 000
Financial Income	247 000	234 000	231 000	250 000
Financial Costs	1 000	0	3 000	21 000
Financial Balance	246 000	234 000	228 000	229 000
Earnings Before Tax	−292 000	612 000	456 000	−213 000
Tax	0	145 000	101 000	−45 000
Net Income	−292 000	467 000	355 000	−168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 241 000	4 239 000	4 022 000	4 087 000
Total Current Assets	6 570 000	7 409 000	7 294 000	5 441 000
Total Assets	10 811 000	11 648 000	11 316 000	9 528 000
Total Retained Equity	5 616 000	5 908 000	5 631 000	5 276 000
Total Equity	5 927 000	6 219 000	5 942 000	5 587 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 884 000	5 429 000	5 375 000	3 941 000
Total Equity and Debt	10 811 000	11 648 000	11 316 000	9 528 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 988 000	10 089 000	9 797 000	9 968 000
Other Income	2 373 000	1 495 000	1 447 000	1 520 000
Revenue	12 360 000	11 585 000	11 245 000	11 488 000
Cost of Goods Sold	3 638 000	2 838 000	2 861 000	3 092 000
Salary Costs	7 097 000	6 661 000	6 508 000	7 009 000
Depreciation	9 000	35 000	19 000	24 000
Impairment	0	0	0	0
Expenditure	12 897 000	11 207 000	11 017 000	11 930 000
Operating Profit	−538 000	379 000	228 000	−442 000
Financial Income	247 000	234 000	231 000	250 000
Financial Costs	1 000	0	3 000	21 000
Financial Balance	246 000	234 000	228 000	229 000
Dividends	0	190 000	0	0
Net Income	−292 000	467 000	355 000	−168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	7 000	53 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	32 000	67 000	86 000
Total Tangible Assets	23 000	32 000	67 000	86 000
Total Fiancial Fixed Assets	4 218 000	4 207 000	3 948 000	3 948 000
Total Fixed Assets	4 241 000	4 239 000	4 022 000	4 087 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 685 000	6 200 000	6 261 000	4 354 000
Total Current Assets	6 570 000	7 409 000	7 294 000	5 441 000
Total Assets	10 811 000	11 648 000	11 316 000	9 528 000
Total Equity	5 927 000	6 219 000	5 942 000	5 587 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	519 000	432 000	452 000	377 000
Unpaid Taxes	498 000	516 000	467 000	516 000
Dividends	0	190 000	0	0
Other Current Debt	3 867 000	4 153 000	4 400 000	3 048 000
Total Current Debt	4 884 000	5 429 000	5 375 000	3 941 000
Total Equity and Debt	10 811 000	11 648 000	11 316 000	9 528 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,93 %	7,51 %	5,97 %	−3,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,35 %	3,27 %	2,03 %	−3,85 %
Current Ratio	1,35	1,36	1,36	1,38
Quick Ratio	1,35	1,36	1,36	1,38
Equity Ratio	0,55	0,53	0,53	0,59
Gross Profit Margin	70,57 %	75,5 %	74,56 %	73,08 %