GRATANGEN MEKANISKE INDUSTRI AS

9470 GRATANGEN

Finances

Share Ownership

Return on Equity

22,51 %

Current Ratio

2,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 224 000	34 764 000	30 870 000	28 171 000
Net Income	3 307 000	2 507 000	2 974 000	1 182 000
Total Assets	21 715 000	24 606 000	22 523 000	19 568 000
Total Equity	14 694 000	15 388 000	15 093 000	14 119 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 224 000	34 764 000	30 870 000	28 171 000
Expenditure	33 498 000	30 973 000	27 621 000	26 151 000
Operating Profit	4 251 000	3 205 000	3 842 000	1 433 000
Financial Income	28 000	19 000	56 000	73 000
Financial Costs	31 000	5 000	80 000	24 000
Financial Balance	−3 000	14 000	−24 000	49 000
Earnings Before Tax	4 248 000	3 219 000	3 818 000	1 482 000
Tax	941 000	712 000	844 000	300 000
Net Income	3 307 000	2 507 000	2 974 000	1 182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 779 000	1 391 000	324 000	379 000
Total Current Assets	19 936 000	23 215 000	22 200 000	19 189 000
Total Assets	21 715 000	24 606 000	22 523 000	19 568 000
Total Retained Equity	14 170 000	14 863 000	14 569 000	13 595 000
Total Equity	14 694 000	15 388 000	15 093 000	14 119 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 020 000	9 219 000	7 430 000	5 449 000
Total Equity and Debt	21 715 000	24 606 000	22 523 000	19 568 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 129 000	34 764 000	30 870 000	27 576 000
Other Income	95 000	0	0	596 000
Revenue	36 224 000	34 764 000	30 870 000	28 171 000
Cost of Goods Sold	19 889 000	18 354 000	16 056 000	14 533 000
Salary Costs	9 191 000	8 701 000	7 972 000	7 287 000
Depreciation	325 000	98 000	48 000	49 000
Impairment	0	0	0	0
Expenditure	33 498 000	30 973 000	27 621 000	26 151 000
Operating Profit	4 251 000	3 205 000	3 842 000	1 433 000
Financial Income	28 000	19 000	56 000	73 000
Financial Costs	31 000	5 000	80 000	24 000
Financial Balance	−3 000	14 000	−24 000	49 000
Dividends	0	2 000 000	1 553 000	720 000
Net Income	3 307 000	2 507 000	2 974 000	1 182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	125 000	151 000	194 000	201 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 509 000	1 240 000	127 000	169 000
Fixtures	145 000	0	3 000	9 000
Total Tangible Assets	1 654 000	1 240 000	130 000	178 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 779 000	1 391 000	324 000	379 000
Stock	9 621 000	8 095 000	8 682 000	8 089 000
Total Investments	0	0	0	0
Cash, Bank	6 925 000	10 719 000	10 558 000	4 664 000
Total Current Assets	19 936 000	23 215 000	22 200 000	19 189 000
Total Assets	21 715 000	24 606 000	22 523 000	19 568 000
Total Equity	14 694 000	15 388 000	15 093 000	14 119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 719 000	3 336 000	1 855 000	1 666 000
Unpaid Taxes	1 942 000	1 970 000	1 717 000	1 808 000
Dividends	0	2 000 000	1 553 000	720 000
Other Current Debt	1 444 000	1 303 000	1 594 000	970 000
Total Current Debt	7 020 000	9 219 000	7 430 000	5 449 000
Total Equity and Debt	21 715 000	24 606 000	22 523 000	19 568 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,51 %	16,29 %	19,7 %	8,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,74 %	9,22 %	12,45 %	5,09 %
Current Ratio	2,84	2,52	2,99	3,52
Quick Ratio	−7,66	20,65	−17,73	−7,27
Equity Ratio	0,68	0,63	0,67	0,72
Gross Profit Margin	45,09 %	47,2 %	47,99 %	48,41 %