GRENSEN SKO STRØMMEN AS

2010 STRØMMEN

Finances

Return on Equity

981,75 %

Current Ratio

0,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 584 000	24 184 000	23 644 000	27 306 000
Net Income	4 143 000	3 965 000	764 000	1 372 000
Total Assets	16 530 000	15 500 000	13 902 000	15 663 000
Total Equity	422 000	7 738 000	5 462 000	5 274 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 584 000	24 184 000	23 644 000	27 306 000
Expenditure	23 344 000	19 076 000	22 511 000	25 426 000
Operating Profit	5 239 000	5 108 000	1 132 000	1 880 000
Financial Income	158 000	118 000	68 000	139 000
Financial Costs	113 000	158 000	221 000	278 000
Financial Balance	45 000	−40 000	−153 000	−139 000
Earnings Before Tax	5 283 000	5 068 000	980 000	1 741 000
Tax	1 141 000	1 102 000	216 000	369 000
Net Income	4 143 000	3 965 000	764 000	1 372 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 869 000	4 484 000	4 538 000	4 550 000
Total Current Assets	13 661 000	11 016 000	9 364 000	11 113 000
Total Assets	16 530 000	15 500 000	13 902 000	15 663 000
Total Retained Equity	322 000	7 638 000	5 362 000	5 174 000
Total Equity	422 000	7 738 000	5 462 000	5 274 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 108 000	7 763 000	8 440 000	10 389 000
Total Equity and Debt	16 530 000	15 500 000	13 902 000	15 663 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 584 000	23 731 000	23 290 000	27 306 000
Other Income	0	454 000	354 000	0
Revenue	28 584 000	24 184 000	23 644 000	27 306 000
Cost of Goods Sold	13 048 000	11 013 000	12 403 000	13 781 000
Salary Costs	4 267 000	3 235 000	4 554 000	5 899 000
Depreciation	12 000	0	15 000	60 000
Impairment	0	0	0	0
Expenditure	23 344 000	19 076 000	22 511 000	25 426 000
Operating Profit	5 239 000	5 108 000	1 132 000	1 880 000
Financial Income	158 000	118 000	68 000	139 000
Financial Costs	113 000	158 000	221 000	278 000
Financial Balance	45 000	−40 000	−153 000	−139 000
Dividends	10 500 000	0	0	0
Net Income	4 143 000	3 965 000	764 000	1 372 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	171 000	210 000	244 000	298 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	60 000	0	15 000
Total Tangible Assets	48 000	60 000	0	15 000
Total Fiancial Fixed Assets	2 650 000	4 215 000	4 294 000	4 237 000
Total Fixed Assets	2 869 000	4 484 000	4 538 000	4 550 000
Stock	8 434 000	7 509 000	8 292 000	10 166 000
Total Investments	0	0	0	0
Cash, Bank	113 000	141 000	134 000	182 000
Total Current Assets	13 661 000	11 016 000	9 364 000	11 113 000
Total Assets	16 530 000	15 500 000	13 902 000	15 663 000
Total Equity	422 000	7 738 000	5 462 000	5 274 000
Short-Term Group Debt	11 751 000	2 905 000	4 816 000	5 122 000
Total Long-Term Debt	0	0	0	0
Creditors	1 158 000	2 199 000	1 932 000	2 401 000
Unpaid Taxes	1 335 000	1 478 000	941 000	1 554 000
Dividends	10 500 000	0	0	0
Other Current Debt	1 033 000	590 000	751 000	957 000
Total Current Debt	16 108 000	7 763 000	8 440 000	10 389 000
Total Equity and Debt	16 530 000	15 500 000	13 902 000	15 663 000

Financial indicators	2022	2021	2020	2019
Return on Equity	981,75 %	51,24 %	13,99 %	26,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,33 %	21,12 %	4,79 %	6,88 %
Current Ratio	0,85	1,42	1,11	1,07
Quick Ratio	1,78	43,37	63,27	49,83
Equity Ratio	0,03	0,5	0,39	0,34
Gross Profit Margin	54,35 %	54,46 %	47,54 %	49,53 %