Grytnes Elektriske AS

3183 HORTEN

Finances

Return on Equity

−72,41 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 394 000	9 296 000	7 428 000	8 331 000
Net Income	−294 000	59 000	33 000	−205 000
Total Assets	3 159 000	3 746 000	3 473 000	3 176 000
Total Equity	406 000	516 000	652 000	218 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 394 000	9 296 000	7 428 000	8 331 000
Expenditure	9 759 000	9 105 000	7 351 000	8 680 000
Operating Profit	−365 000	77 000	89 000	−194 000
Financial Income	12 000	31 000	3 000	0
Financial Costs	24 000	32 000	51 000	67 000
Financial Balance	−12 000	−1 000	−48 000	−67 000
Earnings Before Tax	−377 000	76 000	42 000	−261 000
Tax	−83 000	17 000	10 000	−57 000
Net Income	−294 000	59 000	33 000	−205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	373 000	686 000	600 000	361 000
Total Current Assets	2 786 000	3 060 000	2 874 000	2 815 000
Total Assets	3 159 000	3 746 000	3 473 000	3 176 000
Total Retained Equity	0	416 000	151 000	118 000
Total Equity	406 000	516 000	652 000	218 000
Total Long-Term Debt	324 000	478 000	305 000	0
Total Current Debt	2 430 000	2 751 000	2 516 000	2 958 000
Total Equity and Debt	3 159 000	3 746 000	3 473 000	3 176 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 394 000	9 282 000	7 406 000	8 309 000
Other Income	0	14 000	22 000	22 000
Revenue	9 394 000	9 296 000	7 428 000	8 331 000
Cost of Goods Sold	3 377 000	2 765 000	2 585 000	2 844 000
Salary Costs	4 725 000	4 871 000	3 463 000	4 349 000
Depreciation	147 000	141 000	92 000	153 000
Impairment	0	0	0	0
Expenditure	9 759 000	9 105 000	7 351 000	8 680 000
Operating Profit	−365 000	77 000	89 000	−194 000
Financial Income	12 000	31 000	3 000	0
Financial Costs	24 000	32 000	51 000	67 000
Financial Balance	−12 000	−1 000	−48 000	−67 000
Dividends	0	0	0	0
Net Income	−294 000	59 000	33 000	−205 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	40 000	9 000	0	94 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	281 000	428 000	164 000	256 000
Total Tangible Assets	281 000	428 000	164 000	256 000
Total Fiancial Fixed Assets	52 000	249 000	436 000	11 000
Total Fixed Assets	373 000	686 000	600 000	361 000
Stock	467 000	674 000	635 000	853 000
Total Investments	0	0	0	0
Cash, Bank	900 000	1 080 000	466 000	966 000
Total Current Assets	2 786 000	3 060 000	2 874 000	2 815 000
Total Assets	3 159 000	3 746 000	3 473 000	3 176 000
Total Equity	406 000	516 000	652 000	218 000
Short-Term Group Debt	400 000	980 000	1 274 000	1 216 000
Total Long-Term Debt	324 000	478 000	305 000	0
Creditors	750 000	293 000	217 000	0
Unpaid Taxes	651 000	738 000	643 000	609 000
Dividends	0	0	0	0
Other Current Debt	629 000	740 000	382 000	795 000
Total Current Debt	2 430 000	2 751 000	2 516 000	2 958 000
Total Equity and Debt	3 159 000	3 746 000	3 473 000	3 176 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−72,41 %	11,43 %	5,06 %	−94,04 %
Debt-to-Equity Ratio	0,8	0,93	0,47	0
Operating Profit Margin	−3,89 %	0,83 %	1,2 %	−2,33 %
Current Ratio	1,15	1,11	1,14	0,95
Quick Ratio	1,42	1,47	1,53	1,34
Equity Ratio	0,13	0,14	0,19	0,07
Gross Profit Margin	64,05 %	70,26 %	65,2 %	65,86 %