GRØNVOLD INVEST AS

2385 BRUMUNDDAL

Finances

Return on Equity

33,03 %

Current Ratio

2,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	118 282 000	91 288 000	0
Net Income	15 949 000	13 799 000	12 934 000
Total Assets	72 784 000	61 456 000	42 418 000
Total Equity	48 292 000	42 543 000	34 888 000

Income (NOK)	2022	2021	2020
Revenue	118 282 000	91 288 000	0
Expenditure	97 107 000	74 456 000	17 000
Operating Profit	21 175 000	16 832 000	−17 000
Financial Income	471 000	850 000	12 951 000
Financial Costs	947 000	70 000	0
Financial Balance	−476 000	780 000	12 951 000
Earnings Before Tax	20 699 000	17 612 000	12 934 000
Tax	4 750 000	3 813 000	0
Net Income	15 949 000	13 799 000	12 934 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	22 456 000	19 709 000	20 266 000
Total Current Assets	50 327 000	41 747 000	22 152 000
Total Assets	72 784 000	61 456 000	42 418 000
Total Retained Equity	48 092 000	42 343 000	34 688 000
Total Equity	48 292 000	42 543 000	34 888 000
Total Long-Term Debt	0	0	0
Total Current Debt	24 492 000	18 913 000	7 530 000
Total Equity and Debt	72 784 000	61 456 000	42 418 000

Cash flow (NOK)	2022	2021	2020
Sales Income	117 960 000	90 918 000	0
Other Income	323 000	369 000	0
Revenue	118 282 000	91 288 000	0
Cost of Goods Sold	55 401 000	41 110 000	0
Salary Costs	22 291 000	16 672 000	0
Depreciation	4 059 000	3 616 000	0
Impairment	0	0	0
Expenditure	97 107 000	74 456 000	17 000
Operating Profit	21 175 000	16 832 000	−17 000
Financial Income	471 000	850 000	12 951 000
Financial Costs	947 000	70 000	0
Financial Balance	−476 000	780 000	12 951 000
Dividends	8 100 000	6 000 000	5 350 000
Net Income	15 949 000	13 799 000	12 934 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	719 000	446 000	266 000
Real Eastate	14 549 000	11 522 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	7 153 000	7 706 000	0
Total Tangible Assets	21 702 000	19 228 000	0
Total Fiancial Fixed Assets	35 000	35 000	20 000 000
Total Fixed Assets	22 456 000	19 709 000	20 266 000
Stock	2 677 000	2 518 000	0
Total Investments	12 077 000	8 859 000	2 182 000
Cash, Bank	29 391 000	25 784 000	98 000
Total Current Assets	50 327 000	41 747 000	22 152 000
Total Assets	72 784 000	61 456 000	42 418 000
Total Equity	48 292 000	42 543 000	34 888 000
Short-Term Group Debt	0	0	2 174 000
Total Long-Term Debt	0	0	0
Creditors	5 029 000	3 426 000	6 000
Unpaid Taxes	2 389 000	2 041 000	0
Dividends	8 100 000	6 000 000	5 350 000
Other Current Debt	3 950 000	3 396 000	0
Total Current Debt	24 492 000	18 913 000	7 530 000
Total Equity and Debt	72 784 000	61 456 000	42 418 000

Financial indicators	2022	2021	2020
Return on Equity	33,03 %	32,44 %	37,07 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	17,9 %	18,44 %	-
Current Ratio	2,05	2,21	2,94
Quick Ratio	2,31	2,55	2,94
Equity Ratio	0,66	0,69	0,82
Gross Profit Margin	53,16 %	54,97 %	-