GRIP 1 AS

4870 FEVIK

Finances

Return on Equity

28,48 %

Current Ratio

4,04

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020
Revenue	442 815 000	343 812 000	302 551 000
Net Income	63 742 000	57 993 000	60 751 000
Total Assets	296 587 000	258 211 000	205 361 000
Total Equity	223 792 000	188 508 000	145 241 000

Income (NOK)	2022	2021	2020
Revenue	442 815 000	343 812 000	302 551 000
Expenditure	371 109 000	279 173 000	232 547 000
Operating Profit	71 706 000	64 638 000	70 005 000
Financial Income	263 000	1 554 000	1 735 000
Financial Costs	834 000	1 371 000	2 156 000
Financial Balance	−571 000	183 000	−421 000
Earnings Before Tax	71 134 000	64 821 000	69 583 000
Tax	7 393 000	6 829 000	8 832 000
Net Income	63 742 000	57 993 000	60 751 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	108 822 000	100 742 000	72 544 000
Total Current Assets	187 765 000	157 469 000	132 817 000
Total Assets	296 587 000	258 211 000	205 361 000
Total Retained Equity	223 762 000	188 478 000	145 211 000
Total Equity	223 792 000	188 508 000	145 241 000
Total Long-Term Debt	26 280 000	6 378 000	5 437 000
Total Current Debt	46 515 000	63 325 000	54 684 000
Total Equity and Debt	296 587 000	258 211 000	205 361 000

Cash flow (NOK)	2022	2021	2020
Sales Income	442 124 000	343 827 000	301 967 000
Other Income	691 000	−15 000	583 000
Revenue	442 815 000	343 812 000	302 551 000
Cost of Goods Sold	200 133 000	157 939 000	134 385 000
Salary Costs	129 179 000	88 036 000	71 705 000
Depreciation	14 110 000	9 276 000	8 852 000
Impairment	0	0	0
Expenditure	371 109 000	279 173 000	232 547 000
Operating Profit	71 706 000	64 638 000	70 005 000
Financial Income	263 000	1 554 000	1 735 000
Financial Costs	834 000	1 371 000	2 156 000
Financial Balance	−571 000	183 000	−421 000
Dividends	28 000 000	0	10 000 000
Net Income	63 742 000	57 993 000	60 751 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	2 856 000	2 264 000	2 286 000
Real Eastate	50 483 000	22 778 000	27 167 000
Machinery and Plant Facilities	1 273 000	0	0
Fixtures	33 099 000	56 584 000	17 019 000
Total Tangible Assets	84 856 000	79 362 000	44 186 000
Total Fiancial Fixed Assets	21 110 000	19 116 000	26 072 000
Total Fixed Assets	108 822 000	100 742 000	72 544 000
Stock	131 788 000	114 210 000	85 839 000
Total Investments	0	0	0
Cash, Bank	42 390 000	37 129 000	38 847 000
Total Current Assets	187 765 000	157 469 000	132 817 000
Total Assets	296 587 000	258 211 000	205 361 000
Total Equity	223 792 000	188 508 000	145 241 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	26 280 000	6 378 000	5 437 000
Creditors	15 247 000	23 404 000	11 164 000
Unpaid Taxes	13 720 000	5 527 000	5 870 000
Dividends	28 000 000	0	10 000 000
Other Current Debt	16 759 000	33 904 000	32 844 000
Total Current Debt	46 515 000	63 325 000	54 684 000
Total Equity and Debt	296 587 000	258 211 000	205 361 000

Financial indicators	2022	2021	2020
Return on Equity	28,48 %	30,76 %	41,83 %
Debt-to-Equity Ratio	0,12	0,03	0,04
Operating Profit Margin	16,19 %	18,8 %	23,14 %
Current Ratio	4,04	2,49	2,43
Quick Ratio	−2,2	−3,09	−4,26
Equity Ratio	0,75	0,73	0,71
Gross Profit Margin	54,8 %	54,06 %	55,58 %