GRIMSTAD VERTSHUS AS

4877 GRIMSTAD

Finances

Share Ownership

Return on Equity

29,25 %

Current Ratio

2,15

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 518 000	7 943 000	6 179 000	8 328 000
Net Income	1 447 000	1 210 000	466 000	680 000
Total Assets	8 673 000	8 701 000	7 165 000	7 933 000
Total Equity	4 947 000	3 500 000	3 090 000	3 124 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 518 000	7 943 000	6 179 000	8 328 000
Expenditure	7 564 000	6 310 000	5 494 000	7 362 000
Operating Profit	1 954 000	1 634 000	684 000	966 000
Financial Income	11 000	10 000	12 000	19 000
Financial Costs	105 000	89 000	97 000	112 000
Financial Balance	−94 000	−79 000	−85 000	−93 000
Earnings Before Tax	1 859 000	1 555 000	599 000	874 000
Tax	412 000	345 000	134 000	194 000
Net Income	1 447 000	1 210 000	466 000	680 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 154 000	4 250 000	4 049 000	4 160 000
Total Current Assets	4 519 000	4 451 000	3 116 000	3 773 000
Total Assets	8 673 000	8 701 000	7 165 000	7 933 000
Total Retained Equity	4 847 000	3 400 000	2 990 000	3 024 000
Total Equity	4 947 000	3 500 000	3 090 000	3 124 000
Total Long-Term Debt	1 626 000	2 106 000	2 107 000	2 295 000
Total Current Debt	2 100 000	3 095 000	1 968 000	2 514 000
Total Equity and Debt	8 673 000	8 701 000	7 165 000	7 933 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 516 000	7 434 000	5 954 000	8 227 000
Other Income	3 000	509 000	224 000	101 000
Revenue	9 518 000	7 943 000	6 179 000	8 328 000
Cost of Goods Sold	2 000 000	1 598 000	1 473 000	2 043 000
Salary Costs	3 255 000	2 836 000	2 391 000	3 393 000
Depreciation	162 000	115 000	145 000	155 000
Impairment	0	0	0	0
Expenditure	7 564 000	6 310 000	5 494 000	7 362 000
Operating Profit	1 954 000	1 634 000	684 000	966 000
Financial Income	11 000	10 000	12 000	19 000
Financial Costs	105 000	89 000	97 000	112 000
Financial Balance	−94 000	−79 000	−85 000	−93 000
Dividends	0	0	500 000	500 000
Net Income	1 447 000	1 210 000	466 000	680 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 152 000	2 186 000	2 264 000	2 314 000
Machinery and Plant Facilities	1 694 000	1 694 000	1 694 000	1 694 000
Fixtures	309 000	370 000	92 000	152 000
Total Tangible Assets	4 154 000	4 250 000	4 049 000	4 160 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 154 000	4 250 000	4 049 000	4 160 000
Stock	120 000	87 000	97 000	84 000
Total Investments	0	0	0	0
Cash, Bank	3 938 000	3 870 000	2 594 000	3 135 000
Total Current Assets	4 519 000	4 451 000	3 116 000	3 773 000
Total Assets	8 673 000	8 701 000	7 165 000	7 933 000
Total Equity	4 947 000	3 500 000	3 090 000	3 124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 626 000	2 106 000	2 107 000	2 295 000
Creditors	414 000	301 000	250 000	235 000
Unpaid Taxes	380 000	325 000	189 000	395 000
Dividends	0	0	500 000	500 000
Other Current Debt	895 000	2 141 000	894 000	1 186 000
Total Current Debt	2 100 000	3 095 000	1 968 000	2 514 000
Total Equity and Debt	8 673 000	8 701 000	7 165 000	7 933 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,25 %	34,57 %	15,08 %	21,77 %
Debt-to-Equity Ratio	0,33	0,6	0,68	0,73
Operating Profit Margin	20,53 %	20,57 %	11,07 %	11,6 %
Current Ratio	2,15	1,44	1,58	1,5
Quick Ratio	2,28	1,48	1,67	1,55
Equity Ratio	0,57	0,4	0,43	0,39
Gross Profit Margin	78,99 %	79,88 %	76,16 %	75,47 %