GRØNVOLDS BILDEMONTERING AS

2385 BRUMUNDDAL

Finances

Return on Equity

59,73 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	118 255 000	91 288 000	74 076 000
Net Income	16 823 000	13 222 000	12 785 000
Total Assets	58 623 000	44 251 000	50 249 000
Total Equity	28 167 000	25 344 000	20 122 000

Income (NOK)	2022	2021	2020
Revenue	118 255 000	91 288 000	74 076 000
Expenditure	96 795 000	74 400 000	57 970 000
Operating Profit	21 459 000	16 888 000	16 105 000
Financial Income	285 000	136 000	375 000
Financial Costs	171 000	70 000	112 000
Financial Balance	114 000	66 000	263 000
Earnings Before Tax	21 573 000	16 955 000	16 368 000
Tax	4 750 000	3 732 000	3 583 000
Net Income	16 823 000	13 222 000	12 785 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	26 408 000	21 590 000	19 939 000
Total Current Assets	32 215 000	22 661 000	30 310 000
Total Assets	58 623 000	44 251 000	50 249 000
Total Retained Equity	8 047 000	5 224 000	2 000
Total Equity	28 167 000	25 344 000	20 122 000
Total Long-Term Debt	0	0	0
Total Current Debt	30 456 000	18 906 000	30 127 000
Total Equity and Debt	58 623 000	44 251 000	50 249 000

Cash flow (NOK)	2022	2021	2020
Sales Income	117 932 000	90 918 000	66 812 000
Other Income	323 000	369 000	7 263 000
Revenue	118 255 000	91 288 000	74 076 000
Cost of Goods Sold	55 401 000	41 110 000	28 612 000
Salary Costs	22 291 000	16 672 000	16 251 000
Depreciation	4 052 000	3 616 000	3 087 000
Impairment	0	0	0
Expenditure	96 795 000	74 400 000	57 970 000
Operating Profit	21 459 000	16 888 000	16 105 000
Financial Income	285 000	136 000	375 000
Financial Costs	171 000	70 000	112 000
Financial Balance	114 000	66 000	263 000
Dividends	14 000 000	6 000 000	18 650 000
Net Income	16 823 000	13 222 000	12 785 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	719 000	446 000	208 000
Real Eastate	12 562 000	11 522 000	10 149 000
Machinery and Plant Facilities	0	0	0
Fixtures	7 153 000	7 706 000	7 304 000
Total Tangible Assets	19 715 000	19 228 000	17 452 000
Total Fiancial Fixed Assets	5 974 000	1 916 000	2 279 000
Total Fixed Assets	26 408 000	21 590 000	19 939 000
Stock	2 677 000	2 518 000	2 370 000
Total Investments	0	0	0
Cash, Bank	23 383 000	15 557 000	25 539 000
Total Current Assets	32 215 000	22 661 000	30 310 000
Total Assets	58 623 000	44 251 000	50 249 000
Total Equity	28 167 000	25 344 000	20 122 000
Short-Term Group Debt	0	0	1 222 000
Total Long-Term Debt	0	0	0
Creditors	5 028 000	3 424 000	2 915 000
Unpaid Taxes	2 389 000	2 041 000	1 998 000
Dividends	14 000 000	6 000 000	18 650 000
Other Current Debt	4 015 000	3 471 000	1 820 000
Total Current Debt	30 456 000	18 906 000	30 127 000
Total Equity and Debt	58 623 000	44 251 000	50 249 000

Financial indicators	2022	2021	2020
Return on Equity	59,73 %	52,17 %	63,54 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	18,15 %	18,5 %	21,74 %
Current Ratio	1,06	1,2	1,01
Quick Ratio	1,16	1,38	1,09
Equity Ratio	0,48	0,57	0,4
Gross Profit Margin	53,15 %	54,97 %	61,37 %