GRIMSTAD SERVICENTER AS

4877 GRIMSTAD

Finances

Share Ownership

Return on Equity

−9,49 %

Current Ratio

2,58

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 816 000	28 382 000	25 655 000	30 112 000
Net Income	−176 000	256 000	50 000	−35 000
Total Assets	4 035 000	4 897 000	4 446 000	4 652 000
Total Equity	1 854 000	2 030 000	1 774 000	1 724 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 816 000	28 382 000	25 655 000	30 112 000
Expenditure	32 984 000	27 998 000	25 533 000	30 094 000
Operating Profit	−169 000	384 000	122 000	17 000
Financial Income	9 000	1 000	12 000	13 000
Financial Costs	65 000	56 000	69 000	74 000
Financial Balance	−56 000	−55 000	−57 000	−61 000
Earnings Before Tax	−225 000	329 000	65 000	−44 000
Tax	−49 000	72 000	15 000	−9 000
Net Income	−176 000	256 000	50 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 470 000	1 512 000	1 528 000	1 739 000
Total Current Assets	2 565 000	3 386 000	2 919 000	2 913 000
Total Assets	4 035 000	4 897 000	4 446 000	4 652 000
Total Retained Equity	1 754 000	1 930 000	1 674 000	1 624 000
Total Equity	1 854 000	2 030 000	1 774 000	1 724 000
Total Long-Term Debt	1 187 000	1 370 000	1 603 000	1 952 000
Total Current Debt	993 000	1 497 000	1 070 000	976 000
Total Equity and Debt	4 035 000	4 897 000	4 446 000	4 652 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 325 000	27 981 000	25 295 000	30 112 000
Other Income	491 000	401 000	360 000	0
Revenue	32 816 000	28 382 000	25 655 000	30 112 000
Cost of Goods Sold	28 475 000	23 393 000	20 835 000	25 574 000
Salary Costs	2 071 000	2 314 000	2 438 000	2 654 000
Depreciation	96 000	100 000	91 000	109 000
Impairment	0	0	0	0
Expenditure	32 984 000	27 998 000	25 533 000	30 094 000
Operating Profit	−169 000	384 000	122 000	17 000
Financial Income	9 000	1 000	12 000	13 000
Financial Costs	65 000	56 000	69 000	74 000
Financial Balance	−56 000	−55 000	−57 000	−61 000
Dividends	0	0	0	0
Net Income	−176 000	256 000	50 000	−35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	15 000	36 000	51 000
Real Eastate	1 160 000	1 216 000	1 272 000	1 328 000
Machinery and Plant Facilities	0	0	0	4 000
Fixtures	174 000	192 000	106 000	206 000
Total Tangible Assets	1 334 000	1 408 000	1 378 000	1 538 000
Total Fiancial Fixed Assets	72 000	89 000	114 000	150 000
Total Fixed Assets	1 470 000	1 512 000	1 528 000	1 739 000
Stock	1 648 000	1 966 000	1 659 000	1 391 000
Total Investments	0	0	0	0
Cash, Bank	585 000	962 000	830 000	1 025 000
Total Current Assets	2 565 000	3 386 000	2 919 000	2 913 000
Total Assets	4 035 000	4 897 000	4 446 000	4 652 000
Total Equity	1 854 000	2 030 000	1 774 000	1 724 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 187 000	1 370 000	1 603 000	1 952 000
Creditors	288 000	710 000	200 000	135 000
Unpaid Taxes	150 000	144 000	205 000	165 000
Dividends	0	0	0	0
Other Current Debt	556 000	591 000	665 000	676 000
Total Current Debt	993 000	1 497 000	1 070 000	976 000
Total Equity and Debt	4 035 000	4 897 000	4 446 000	4 652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,49 %	12,61 %	2,82 %	−2,03 %
Debt-to-Equity Ratio	0,64	0,67	0,9	1,13
Operating Profit Margin	−0,51 %	1,35 %	0,48 %	0,06 %
Current Ratio	2,58	2,26	2,73	2,98
Quick Ratio	−3,92	−7,22	−4,96	−7,02
Equity Ratio	0,46	0,41	0,4	0,37
Gross Profit Margin	13,23 %	17,58 %	18,79 %	15,07 %