GRANRUD ELEKTRISKE AS

0661 OSLO

Finances

Return on Equity

26,34 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 793 000	8 877 000	12 492 000	11 467 000
Net Income	343 000	384 000	1 123 000	1 454 000
Total Assets	3 952 000	5 502 000	6 357 000	5 783 000
Total Equity	1 302 000	948 000	2 369 000	2 262 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 793 000	8 877 000	12 492 000	11 467 000
Expenditure	8 371 000	8 485 000	10 957 000	9 579 000
Operating Profit	421 000	392 000	1 534 000	1 888 000
Financial Income	3 000	14 000	18 000	15 000
Financial Costs	15 000	13 000	14 000	3 000
Financial Balance	−12 000	1 000	4 000	12 000
Earnings Before Tax	409 000	393 000	1 539 000	1 900 000
Tax	66 000	8 000	415 000	446 000
Net Income	343 000	384 000	1 123 000	1 454 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	268 000	230 000	304 000	28 000
Total Current Assets	3 684 000	5 272 000	6 052 000	5 755 000
Total Assets	3 952 000	5 502 000	6 357 000	5 783 000
Total Retained Equity	871 000	528 000	1 949 000	1 842 000
Total Equity	1 302 000	948 000	2 369 000	2 262 000
Total Long-Term Debt	154 000	202 000	262 000	0
Total Current Debt	2 497 000	4 352 000	3 726 000	3 521 000
Total Equity and Debt	3 952 000	5 502 000	6 357 000	5 783 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 703 000	8 874 000	12 492 000	11 467 000
Other Income	89 000	3 000	0	0
Revenue	8 793 000	8 877 000	12 492 000	11 467 000
Cost of Goods Sold	2 953 000	2 585 000	3 556 000	2 730 000
Salary Costs	4 080 000	4 955 000	5 645 000	5 538 000
Depreciation	81 000	61 000	46 000	0
Impairment	0	0	0	0
Expenditure	8 371 000	8 485 000	10 957 000	9 579 000
Operating Profit	421 000	392 000	1 534 000	1 888 000
Financial Income	3 000	14 000	18 000	15 000
Financial Costs	15 000	13 000	14 000	3 000
Financial Balance	−12 000	1 000	4 000	12 000
Dividends	0	1 805 000	1 017 000	642 000
Net Income	343 000	384 000	1 123 000	1 454 000

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	238 000	200 000	261 000	0
Total Tangible Assets	238 000	200 000	261 000	0
Total Fiancial Fixed Assets	30 000	30 000	43 000	28 000
Total Fixed Assets	268 000	230 000	304 000	28 000
Stock	0	197 000	211 000	255 000
Total Investments	10 000	10 000	0	0
Cash, Bank	2 423 000	3 085 000	3 627 000	3 070 000
Total Current Assets	3 684 000	5 272 000	6 052 000	5 755 000
Total Assets	3 952 000	5 502 000	6 357 000	5 783 000
Total Equity	1 302 000	948 000	2 369 000	2 262 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	154 000	202 000	262 000	0
Creditors	914 000	880 000	849 000	460 000
Unpaid Taxes	687 000	853 000	996 000	987 000
Dividends	0	1 805 000	1 017 000	642 000
Other Current Debt	838 000	807 000	1 091 000	1 048 000
Total Current Debt	2 497 000	4 352 000	3 726 000	3 521 000
Total Equity and Debt	3 952 000	5 502 000	6 357 000	5 783 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,34 %	40,51 %	47,4 %	64,28 %
Debt-to-Equity Ratio	0,12	0,21	0,11	0
Operating Profit Margin	4,79 %	4,42 %	12,28 %	16,46 %
Current Ratio	1,48	1,21	1,62	1,63
Quick Ratio	1,48	1,27	1,72	1,76
Equity Ratio	0,33	0,17	0,37	0,39
Gross Profit Margin	66,42 %	70,88 %	71,53 %	76,19 %