GRENLAND TRANSPORTSERVICE AS

3728 SKIEN

Finances

Share Ownership

Return on Equity

50,47 %

Current Ratio

2,6

Debt-to-Equity Ratio

0,97

Key figures (NOK)	2022	2021	2020
Revenue	4 308 000	4 297 000	0
Net Income	702 000	669 000	0
Total Assets	3 531 000	2 553 000	30 000
Total Equity	1 391 000	689 000	20 000

Income (NOK)	2022	2021
Revenue	4 308 000	4 297 000
Expenditure	3 339 000	3 403 000
Operating Profit	969 000	894 000
Financial Income	1 000	0
Financial Costs	68 000	38 000
Financial Balance	−67 000	−38 000
Earnings Before Tax	902 000	856 000
Tax	200 000	187 000
Net Income	702 000	669 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 456 000	1 077 000	0
Total Current Assets	2 076 000	1 475 000	30 000
Total Assets	3 531 000	2 553 000	30 000
Total Retained Equity	1 371 000	669 000	0
Total Equity	1 391 000	689 000	20 000
Total Long-Term Debt	1 343 000	852 000	0
Total Current Debt	798 000	1 012 000	10 000
Total Equity and Debt	3 531 000	2 553 000	30 000

Cash flow (NOK)	2022	2021
Sales Income	4 290 000	4 297 000
Other Income	19 000	0
Revenue	4 308 000	4 297 000
Cost of Goods Sold	1 000	0
Salary Costs	2 286 000	2 652 000
Depreciation	342 000	197 000
Impairment	0	0
Expenditure	3 339 000	3 403 000
Operating Profit	969 000	894 000
Financial Income	1 000	0
Financial Costs	68 000	38 000
Financial Balance	−67 000	−38 000
Dividends	0	0
Net Income	702 000	669 000

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	1 428 000	0	0
Fixtures	28 000	1 077 000	0
Total Tangible Assets	1 456 000	1 077 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 456 000	1 077 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 603 000	1 255 000	30 000
Total Current Assets	2 076 000	1 475 000	30 000
Total Assets	3 531 000	2 553 000	30 000
Total Equity	1 391 000	689 000	20 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 343 000	852 000	0
Creditors	79 000	45 000	0
Unpaid Taxes	297 000	302 000	0
Dividends	0	0	0
Other Current Debt	236 000	501 000	10 000
Total Current Debt	798 000	1 012 000	10 000
Total Equity and Debt	3 531 000	2 553 000	30 000

Financial indicators	2022	2021	2020
Return on Equity	50,47 %	97,1 %	0 %
Debt-to-Equity Ratio	0,97	1,24	0
Operating Profit Margin	22,49 %	20,81 %	-
Current Ratio	2,6	1,46	3
Quick Ratio	2,6	1,46	3
Equity Ratio	0,39	0,27	0,67
Gross Profit Margin	99,98 %	100 %	-