K GRIMESTAD AS

4520 LINDESNES

Finances

Share Ownership

Return on Equity

53,41 %

Current Ratio

0,8

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020
Revenue	4 229 000	1 727 000	493 000
Net Income	149 000	18 000	25 000
Total Assets	1 370 000	1 426 000	617 000
Total Equity	279 000	131 000	113 000

Income (NOK)	2022	2021	2020
Revenue	4 229 000	1 727 000	493 000
Expenditure	4 005 000	1 697 000	463 000
Operating Profit	225 000	30 000	30 000
Financial Income	0	0	0
Financial Costs	34 000	7 000	0
Financial Balance	−34 000	−7 000	0
Earnings Before Tax	190 000	23 000	30 000
Tax	42 000	5 000	5 000
Net Income	149 000	18 000	25 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	513 000	119 000	121 000
Total Current Assets	858 000	1 307 000	496 000
Total Assets	1 370 000	1 426 000	617 000
Total Retained Equity	191 000	43 000	25 000
Total Equity	279 000	131 000	113 000
Total Long-Term Debt	21 000	7 000	5 000
Total Current Debt	1 070 000	1 288 000	498 000
Total Equity and Debt	1 370 000	1 426 000	617 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 168 000	1 727 000	493 000
Other Income	61 000	0	0
Revenue	4 229 000	1 727 000	493 000
Cost of Goods Sold	747 000	398 000	250 000
Salary Costs	2 245 000	808 000	104 000
Depreciation	44 000	21 000	8 000
Impairment	0	0	0
Expenditure	4 005 000	1 697 000	463 000
Operating Profit	225 000	30 000	30 000
Financial Income	0	0	0
Financial Costs	34 000	7 000	0
Financial Balance	−34 000	−7 000	0
Dividends	0	0	0
Net Income	149 000	18 000	25 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	273 000	0	0
Fixtures	0	119 000	121 000
Total Tangible Assets	273 000	119 000	121 000
Total Fiancial Fixed Assets	240 000	0	0
Total Fixed Assets	513 000	119 000	121 000
Stock	0	5 000	5 000
Total Investments	0	0	0
Cash, Bank	58 000	97 000	52 000
Total Current Assets	858 000	1 307 000	496 000
Total Assets	1 370 000	1 426 000	617 000
Total Equity	279 000	131 000	113 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	21 000	7 000	5 000
Creditors	164 000	313 000	240 000
Unpaid Taxes	220 000	247 000	51 000
Dividends	0	0	0
Other Current Debt	658 000	725 000	208 000
Total Current Debt	1 070 000	1 288 000	498 000
Total Equity and Debt	1 370 000	1 426 000	617 000

Financial indicators	2022	2021	2020
Return on Equity	53,41 %	13,74 %	22,12 %
Debt-to-Equity Ratio	0,08	0,05	0,04
Operating Profit Margin	5,32 %	1,74 %	6,09 %
Current Ratio	0,8	1,01	1
Quick Ratio	0,8	1,02	1,01
Equity Ratio	0,2	0,09	0,18
Gross Profit Margin	82,34 %	76,95 %	49,29 %