GRENDSTØL INDUSTRIBYGG AS

4900 TVEDESTRAND

Finances

Share Ownership

Return on Equity

53,71 %

Current Ratio

12,51

Debt-to-Equity Ratio

1,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 018 000	1 819 000	1 339 000	2 059 000
Net Income	1 962 000	398 000	42 000	728 000
Total Assets	10 922 000	13 599 000	13 912 000	13 956 000
Total Equity	3 653 000	5 000 000	5 128 000	5 315 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 018 000	1 819 000	1 339 000	2 059 000
Expenditure	1 051 000	997 000	978 000	970 000
Operating Profit	967 000	823 000	362 000	1 089 000
Financial Income	0	0	1 000	2 000
Financial Costs	223 000	247 000	256 000	336 000
Financial Balance	−223 000	−247 000	−255 000	−334 000
Earnings Before Tax	744 000	576 000	107 000	755 000
Tax	−1 218 000	178 000	65 000	27 000
Net Income	1 962 000	398 000	42 000	728 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 457 000	8 915 000	9 802 000	10 001 000
Total Current Assets	4 465 000	4 684 000	4 110 000	3 954 000
Total Assets	10 922 000	13 599 000	13 912 000	13 956 000
Total Retained Equity	−1 347 000	0	128 000	315 000
Total Equity	3 653 000	5 000 000	5 128 000	5 315 000
Total Long-Term Debt	6 911 000	7 701 000	8 351 000	8 425 000
Total Current Debt	357 000	897 000	433 000	215 000
Total Equity and Debt	10 922 000	13 599 000	13 912 000	13 956 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 018 000	1 819 000	1 339 000	2 059 000
Other Income	0	0	0	0
Revenue	2 018 000	1 819 000	1 339 000	2 059 000
Cost of Goods Sold	0	0	0	0
Salary Costs	38 000	36 000	46 000	26 000
Depreciation	829 000	829 000	829 000	829 000
Impairment	0	0	0	0
Expenditure	1 051 000	997 000	978 000	970 000
Operating Profit	967 000	823 000	362 000	1 089 000
Financial Income	0	0	1 000	2 000
Financial Costs	223 000	247 000	256 000	336 000
Financial Balance	−223 000	−247 000	−255 000	−334 000
Dividends	0	0	0	0
Net Income	1 962 000	398 000	42 000	728 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 441 000	0	0	0
Real Eastate	5 016 000	5 844 000	6 673 000	7 501 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 016 000	5 844 000	6 673 000	7 501 000
Total Fiancial Fixed Assets	0	3 070 000	3 129 000	2 500 000
Total Fixed Assets	6 457 000	8 915 000	9 802 000	10 001 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 450 000	4 670 000	4 097 000	3 942 000
Total Current Assets	4 465 000	4 684 000	4 110 000	3 954 000
Total Assets	10 922 000	13 599 000	13 912 000	13 956 000
Total Equity	3 653 000	5 000 000	5 128 000	5 315 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 911 000	7 701 000	8 351 000	8 425 000
Creditors	0	39 000	15 000	3 000
Unpaid Taxes	81 000	90 000	55 000	87 000
Dividends	0	0	0	0
Other Current Debt	53 000	739 000	363 000	126 000
Total Current Debt	357 000	897 000	433 000	215 000
Total Equity and Debt	10 922 000	13 599 000	13 912 000	13 956 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,71 %	7,96 %	0,82 %	13,7 %
Debt-to-Equity Ratio	1,89	1,54	1,63	1,59
Operating Profit Margin	47,92 %	45,24 %	27,04 %	52,89 %
Current Ratio	12,51	5,22	9,49	18,39
Quick Ratio	12,51	5,22	9,49	18,39
Equity Ratio	0,33	0,37	0,37	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %