GRINDAKER AS

0158 OSLO

Finances

Return on Equity

194,68 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 040 000	50 386 000	51 896 000	52 837 000
Net Income	3 845 000	2 307 000	3 151 000	5 017 000
Total Assets	19 525 000	15 134 000	16 889 000	19 340 000
Total Equity	1 975 000	1 895 000	1 970 000	2 259 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 040 000	50 386 000	51 896 000	52 837 000
Expenditure	53 042 000	47 357 000	47 752 000	46 309 000
Operating Profit	4 997 000	3 029 000	4 144 000	6 528 000
Financial Income	2 000	0	3 000	5 000
Financial Costs	70 000	71 000	105 000	102 000
Financial Balance	−68 000	−71 000	−102 000	−97 000
Earnings Before Tax	4 929 000	2 958 000	4 041 000	6 432 000
Tax	1 084 000	651 000	890 000	1 415 000
Net Income	3 845 000	2 307 000	3 151 000	5 017 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	347 000	662 000	777 000	1 201 000
Total Current Assets	19 178 000	14 472 000	16 112 000	18 139 000
Total Assets	19 525 000	15 134 000	16 889 000	19 340 000
Total Retained Equity	1 876 000	1 797 000	1 871 000	2 160 000
Total Equity	1 975 000	1 895 000	1 970 000	2 259 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	17 550 000	13 239 000	14 919 000	17 081 000
Total Equity and Debt	19 525 000	15 134 000	16 889 000	19 340 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 040 000	50 386 000	51 896 000	52 837 000
Other Income	0	0	0	0
Revenue	58 040 000	50 386 000	51 896 000	52 837 000
Cost of Goods Sold	1 460 000	947 000	1 348 000	736 000
Salary Costs	40 834 000	37 911 000	37 619 000	36 564 000
Depreciation	233 000	303 000	359 000	417 000
Impairment	0	0	0	0
Expenditure	53 042 000	47 357 000	47 752 000	46 309 000
Operating Profit	4 997 000	3 029 000	4 144 000	6 528 000
Financial Income	2 000	0	3 000	5 000
Financial Costs	70 000	71 000	105 000	102 000
Financial Balance	−68 000	−71 000	−102 000	−97 000
Dividends	3 839 000	2 307 000	3 440 000	0
Net Income	3 845 000	2 307 000	3 151 000	5 017 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	183 000	265 000	346 000	410 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	163 000	397 000	432 000	791 000
Total Tangible Assets	163 000	397 000	432 000	791 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	347 000	662 000	777 000	1 201 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 187 000	2 431 000	4 269 000	5 412 000
Total Current Assets	19 178 000	14 472 000	16 112 000	18 139 000
Total Assets	19 525 000	15 134 000	16 889 000	19 340 000
Total Equity	1 975 000	1 895 000	1 970 000	2 259 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 263 000	535 000	401 000	954 000
Unpaid Taxes	4 764 000	4 800 000	4 635 000	4 387 000
Dividends	3 839 000	2 307 000	3 440 000	0
Other Current Debt	5 681 000	5 026 000	5 617 000	5 833 000
Total Current Debt	17 550 000	13 239 000	14 919 000	17 081 000
Total Equity and Debt	19 525 000	15 134 000	16 889 000	19 340 000

Financial indicators	2022	2021	2020	2019
Return on Equity	194,68 %	121,74 %	159,95 %	222,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,61 %	6,01 %	7,99 %	12,35 %
Current Ratio	1,09	1,09	1,08	1,06
Quick Ratio	1,09	1,09	1,08	1,06
Equity Ratio	0,1	0,13	0,12	0,12
Gross Profit Margin	97,48 %	98,12 %	97,4 %	98,61 %