Grimstad og Tønsager AS

7014 TRONDHEIM

Finances

Share Ownership

Return on Equity

72,18 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 952 000	6 743 000	7 415 000	7 369 000
Net Income	1 035 000	858 000	1 361 000	1 095 000
Total Assets	4 005 000	3 535 000	4 373 000	3 961 000
Total Equity	1 434 000	1 299 000	2 692 000	2 231 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 952 000	6 743 000	7 415 000	7 369 000
Expenditure	5 642 000	5 666 000	5 697 000	5 998 000
Operating Profit	1 309 000	1 076 000	1 719 000	1 371 000
Financial Income	13 000	9 000	13 000	11 000
Financial Costs	0	0	0	1 000
Financial Balance	13 000	9 000	13 000	10 000
Earnings Before Tax	1 322 000	1 084 000	1 733 000	1 381 000
Tax	287 000	226 000	372 000	286 000
Net Income	1 035 000	858 000	1 361 000	1 095 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	99 000	170 000	50 000	55 000
Total Current Assets	3 907 000	3 365 000	4 323 000	3 907 000
Total Assets	4 005 000	3 535 000	4 373 000	3 961 000
Total Retained Equity	1 134 000	999 000	2 392 000	1 931 000
Total Equity	1 434 000	1 299 000	2 692 000	2 231 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 571 000	2 236 000	1 681 000	1 730 000
Total Equity and Debt	4 005 000	3 535 000	4 373 000	3 961 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 951 000	6 741 000	7 414 000	7 368 000
Other Income	1 000	1 000	1 000	1 000
Revenue	6 952 000	6 743 000	7 415 000	7 369 000
Cost of Goods Sold	31 000	222 000	230 000	140 000
Salary Costs	4 737 000	4 615 000	4 640 000	5 005 000
Depreciation	71 000	58 000	33 000	9 000
Impairment	0	0	0	0
Expenditure	5 642 000	5 666 000	5 697 000	5 998 000
Operating Profit	1 309 000	1 076 000	1 719 000	1 371 000
Financial Income	13 000	9 000	13 000	11 000
Financial Costs	0	0	0	1 000
Financial Balance	13 000	9 000	13 000	10 000
Dividends	900 000	2 250 000	900 000	1 200 000
Net Income	1 035 000	858 000	1 361 000	1 095 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	99 000	170 000	50 000	55 000
Total Tangible Assets	99 000	170 000	50 000	55 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	99 000	170 000	50 000	55 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 127 000	2 508 000	3 313 000	2 788 000
Total Current Assets	3 907 000	3 365 000	4 323 000	3 907 000
Total Assets	4 005 000	3 535 000	4 373 000	3 961 000
Total Equity	1 434 000	1 299 000	2 692 000	2 231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	111 000	128 000	105 000	115 000
Unpaid Taxes	822 000	689 000	778 000	845 000
Dividends	900 000	2 250 000	900 000	1 200 000
Other Current Debt	452 000	443 000	426 000	484 000
Total Current Debt	2 571 000	2 236 000	1 681 000	1 730 000
Total Equity and Debt	4 005 000	3 535 000	4 373 000	3 961 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,18 %	66,05 %	50,56 %	49,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,83 %	15,96 %	23,18 %	18,6 %
Current Ratio	1,52	1,5	2,57	2,26
Quick Ratio	1,52	1,5	2,57	2,26
Equity Ratio	0,36	0,37	0,62	0,56
Gross Profit Margin	99,55 %	96,71 %	96,9 %	98,1 %