GRENLAND ELEKTRO AS

3940 PORSGRUNN

Finances

Share Ownership

Return on Equity

78,14 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 129 000	16 326 000	12 097 000	11 094 000
Net Income	1 144 000	1 940 000	1 282 000	1 335 000
Total Assets	4 928 000	7 392 000	6 029 000	5 769 000
Total Equity	1 464 000	319 000	2 879 000	1 597 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 129 000	16 326 000	12 097 000	11 094 000
Expenditure	12 673 000	13 847 000	10 457 000	9 472 000
Operating Profit	1 456 000	2 479 000	1 639 000	1 623 000
Financial Income	13 000	10 000	7 000	13 000
Financial Costs	1 000	1 000	2 000	2 000
Financial Balance	12 000	9 000	5 000	11 000
Earnings Before Tax	1 467 000	2 488 000	1 644 000	1 634 000
Tax	323 000	548 000	362 000	299 000
Net Income	1 144 000	1 940 000	1 282 000	1 335 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	674 000	900 000	1 126 000	873 000
Total Current Assets	4 254 000	6 492 000	4 903 000	4 896 000
Total Assets	4 928 000	7 392 000	6 029 000	5 769 000
Total Retained Equity	1 263 000	118 000	2 678 000	1 396 000
Total Equity	1 464 000	319 000	2 879 000	1 597 000
Total Long-Term Debt	12 000	28 000	51 000	48 000
Total Current Debt	3 452 000	7 045 000	3 099 000	4 123 000
Total Equity and Debt	4 928 000	7 392 000	6 029 000	5 769 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 129 000	16 326 000	12 097 000	11 094 000
Other Income	0	0	0	0
Revenue	14 129 000	16 326 000	12 097 000	11 094 000
Cost of Goods Sold	2 916 000	3 408 000	2 588 000	1 970 000
Salary Costs	7 680 000	7 854 000	6 027 000	5 735 000
Depreciation	226 000	226 000	207 000	150 000
Impairment	0	0	0	0
Expenditure	12 673 000	13 847 000	10 457 000	9 472 000
Operating Profit	1 456 000	2 479 000	1 639 000	1 623 000
Financial Income	13 000	10 000	7 000	13 000
Financial Costs	1 000	1 000	2 000	2 000
Financial Balance	12 000	9 000	5 000	11 000
Dividends	0	4 500 000	0	0
Net Income	1 144 000	1 940 000	1 282 000	1 335 000

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	674 000	900 000	1 126 000	873 000
Total Tangible Assets	674 000	900 000	1 126 000	873 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	674 000	900 000	1 126 000	873 000
Stock	396 000	501 000	490 000	472 000
Total Investments	0	0	0	0
Cash, Bank	1 182 000	4 251 000	2 669 000	2 097 000
Total Current Assets	4 254 000	6 492 000	4 903 000	4 896 000
Total Assets	4 928 000	7 392 000	6 029 000	5 769 000
Total Equity	1 464 000	319 000	2 879 000	1 597 000
Short-Term Group Debt	0	0	291 000	291 000
Total Long-Term Debt	12 000	28 000	51 000	48 000
Creditors	733 000	662 000	571 000	354 000
Unpaid Taxes	1 113 000	1 192 000	828 000	815 000
Dividends	0	4 500 000	0	0
Other Current Debt	1 267 000	1 619 000	1 050 000	1 213 000
Total Current Debt	3 452 000	7 045 000	3 099 000	4 123 000
Total Equity and Debt	4 928 000	7 392 000	6 029 000	5 769 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,14 %	608,15 %	44,53 %	83,59 %
Debt-to-Equity Ratio	0,01	0,09	0,02	0,03
Operating Profit Margin	10,31 %	15,18 %	13,55 %	14,63 %
Current Ratio	1,23	0,92	1,58	1,19
Quick Ratio	1,39	0,99	1,88	1,34
Equity Ratio	0,3	0,04	0,48	0,28
Gross Profit Margin	79,36 %	79,13 %	78,61 %	82,24 %