GRUNDFOS NORGE AS

0596 OSLO

Finances

Share Ownership

Return on Equity

137,95 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	366 037 000	323 240 000	335 860 000	298 047 000
Net Income	36 535 000	14 659 000	27 310 000	12 918 000
Total Assets	147 406 000	112 834 000	121 028 000	92 080 000
Total Equity	26 485 000	20 718 000	26 612 000	21 302 000

Income (NOK)	2022	2021	2020	2019
Revenue	366 037 000	323 240 000	335 860 000	298 047 000
Expenditure	319 784 000	304 513 000	300 830 000	281 326 000
Operating Profit	46 253 000	18 727 000	35 030 000	16 720 000
Financial Income	1 536 000	543 000	821 000	336 000
Financial Costs	937 000	469 000	800 000	437 000
Financial Balance	599 000	74 000	21 000	−101 000
Earnings Before Tax	46 852 000	18 802 000	35 050 000	16 619 000
Tax	10 317 000	4 143 000	7 740 000	3 701 000
Net Income	36 535 000	14 659 000	27 310 000	12 918 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 227 000	7 156 000	7 680 000	8 596 000
Total Current Assets	141 179 000	105 678 000	113 348 000	83 483 000
Total Assets	147 406 000	112 834 000	121 028 000	92 080 000
Total Retained Equity	11 335 000	5 568 000	11 462 000	6 152 000
Total Equity	26 485 000	20 718 000	26 612 000	21 302 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	120 920 000	92 115 000	94 416 000	70 777 000
Total Equity and Debt	147 406 000	112 834 000	121 028 000	92 080 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	365 950 000	323 240 000	335 860 000	298 047 000
Other Income	88 000	0	0	0
Revenue	366 037 000	323 240 000	335 860 000	298 047 000
Cost of Goods Sold	195 117 000	191 424 000	183 392 000	170 631 000
Salary Costs	87 263 000	78 022 000	77 499 000	67 693 000
Depreciation	2 044 000	1 858 000	1 684 000	1 827 000
Impairment	0	0	0	0
Expenditure	319 784 000	304 513 000	300 830 000	281 326 000
Operating Profit	46 253 000	18 727 000	35 030 000	16 720 000
Financial Income	1 536 000	543 000	821 000	336 000
Financial Costs	937 000	469 000	800 000	437 000
Financial Balance	599 000	74 000	21 000	−101 000
Dividends	30 768 000	20 553 000	22 000 000	9 150 000
Net Income	36 535 000	14 659 000	27 310 000	12 918 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	554 000	428 000	348 000	497 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 673 000	6 728 000	7 333 000	8 100 000
Total Tangible Assets	5 673 000	6 728 000	7 333 000	8 100 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 227 000	7 156 000	7 680 000	8 596 000
Stock	4 753 000	3 604 000	3 119 000	3 361 000
Total Investments	0	0	0	0
Cash, Bank	174 000	217 000	222 000	253 000
Total Current Assets	141 179 000	105 678 000	113 348 000	83 483 000
Total Assets	147 406 000	112 834 000	121 028 000	92 080 000
Total Equity	26 485 000	20 718 000	26 612 000	21 302 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 880 000	19 050 000	17 372 000	17 518 000
Unpaid Taxes	23 155 000	16 242 000	14 561 000	14 497 000
Dividends	30 768 000	20 553 000	22 000 000	9 150 000
Other Current Debt	33 475 000	29 961 000	30 762 000	25 638 000
Total Current Debt	120 920 000	92 115 000	94 416 000	70 777 000
Total Equity and Debt	147 406 000	112 834 000	121 028 000	92 080 000

Financial indicators	2022	2021	2020	2019
Return on Equity	137,95 %	70,75 %	102,62 %	60,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,64 %	5,79 %	10,43 %	5,61 %
Current Ratio	1,17	1,15	1,2	1,18
Quick Ratio	1,22	1,19	1,24	1,24
Equity Ratio	0,18	0,18	0,22	0,23
Gross Profit Margin	46,69 %	40,78 %	45,4 %	42,75 %