GRUNNARBEID AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

−19,54 %

Current Ratio

11,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 624 000	1 828 000	3 150 000	7 449 000
Net Income	−668 000	−968 000	−86 000	293 000
Total Assets	3 608 000	4 398 000	5 338 000	6 121 000
Total Equity	3 418 000	4 086 000	5 054 000	5 140 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 624 000	1 828 000	3 150 000	7 449 000
Expenditure	2 288 000	2 802 000	3 232 000	7 157 000
Operating Profit	−664 000	−974 000	−81 000	292 000
Financial Income	0	0	1 000	1 000
Financial Costs	4 000	0	0	0
Financial Balance	−4 000	0	1 000	1 000
Earnings Before Tax	−668 000	−974 000	−81 000	293 000
Tax	0	−6 000	6 000	0
Net Income	−668 000	−968 000	−86 000	293 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 400 000	1 914 000	2 429 000	3 435 000
Total Current Assets	2 207 000	2 484 000	2 909 000	2 686 000
Total Assets	3 608 000	4 398 000	5 338 000	6 121 000
Total Retained Equity	3 218 000	3 886 000	4 854 000	4 940 000
Total Equity	3 418 000	4 086 000	5 054 000	5 140 000
Total Long-Term Debt	0	0	6 000	0
Total Current Debt	190 000	312 000	279 000	981 000
Total Equity and Debt	3 608 000	4 398 000	5 338 000	6 121 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 499 000	1 828 000	1 930 000	7 155 000
Other Income	125 000	0	1 220 000	294 000
Revenue	1 624 000	1 828 000	3 150 000	7 449 000
Cost of Goods Sold	440 000	376 000	542 000	435 000
Salary Costs	316 000	801 000	985 000	3 633 000
Depreciation	542 000	569 000	636 000	765 000
Impairment	0	0	0	0
Expenditure	2 288 000	2 802 000	3 232 000	7 157 000
Operating Profit	−664 000	−974 000	−81 000	292 000
Financial Income	0	0	1 000	1 000
Financial Costs	4 000	0	0	0
Financial Balance	−4 000	0	1 000	1 000
Dividends	0	0	0	0
Net Income	−668 000	−968 000	−86 000	293 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	240 000	286 000	332 000	377 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 160 000	1 628 000	2 098 000	3 058 000
Total Tangible Assets	1 400 000	1 914 000	2 429 000	3 435 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 400 000	1 914 000	2 429 000	3 435 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 077 000	2 311 000	2 762 000	2 154 000
Total Current Assets	2 207 000	2 484 000	2 909 000	2 686 000
Total Assets	3 608 000	4 398 000	5 338 000	6 121 000
Total Equity	3 418 000	4 086 000	5 054 000	5 140 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	6 000	0
Creditors	40 000	53 000	36 000	52 000
Unpaid Taxes	66 000	109 000	100 000	385 000
Dividends	0	0	0	0
Other Current Debt	84 000	150 000	143 000	544 000
Total Current Debt	190 000	312 000	279 000	981 000
Total Equity and Debt	3 608 000	4 398 000	5 338 000	6 121 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,54 %	−23,69 %	−1,7 %	5,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−40,89 %	−53,28 %	−2,57 %	3,92 %
Current Ratio	11,62	7,96	10,43	2,74
Quick Ratio	11,62	7,96	10,43	2,74
Equity Ratio	0,95	0,93	0,95	0,84
Gross Profit Margin	72,91 %	79,43 %	82,79 %	94,16 %