GRAN ELEKTRO AS

5005 BERGEN

Finances

Share Ownership

Return on Equity

35,47 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 887 000	11 067 000	11 030 000	12 556 000
Net Income	475 000	123 000	9 000	418 000
Total Assets	4 198 000	3 426 000	3 436 000	3 851 000
Total Equity	1 339 000	1 363 000	1 240 000	1 231 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 887 000	11 067 000	11 030 000	12 556 000
Expenditure	11 272 000	10 902 000	11 013 000	12 007 000
Operating Profit	615 000	164 000	17 000	549 000
Financial Income	2 000	2 000	2 000	4 000
Financial Costs	2 000	1 000	3 000	10 000
Financial Balance	0	1 000	−1 000	−6 000
Earnings Before Tax	615 000	165 000	16 000	544 000
Tax	140 000	42 000	8 000	126 000
Net Income	475 000	123 000	9 000	418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 000	54 000	172 000	215 000
Total Current Assets	4 171 000	3 372 000	3 263 000	3 636 000
Total Assets	4 198 000	3 426 000	3 436 000	3 851 000
Total Retained Equity	1 239 000	1 263 000	1 140 000	1 131 000
Total Equity	1 339 000	1 363 000	1 240 000	1 231 000
Total Long-Term Debt	0	0	0	2 000
Total Current Debt	2 859 000	2 062 000	2 196 000	2 617 000
Total Equity and Debt	4 198 000	3 426 000	3 436 000	3 851 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 887 000	11 051 000	11 007 000	12 556 000
Other Income	0	15 000	23 000	0
Revenue	11 887 000	11 067 000	11 030 000	12 556 000
Cost of Goods Sold	3 805 000	3 597 000	3 595 000	3 759 000
Salary Costs	6 034 000	5 696 000	5 679 000	6 474 000
Depreciation	21 000	27 000	64 000	59 000
Impairment	5 000	0	0	0
Expenditure	11 272 000	10 902 000	11 013 000	12 007 000
Operating Profit	615 000	164 000	17 000	549 000
Financial Income	2 000	2 000	2 000	4 000
Financial Costs	2 000	1 000	3 000	10 000
Financial Balance	0	1 000	−1 000	−6 000
Dividends	500 000	0	0	250 000
Net Income	475 000	123 000	9 000	418 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	20 000	14 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	34 000	151 000	182 000
Total Tangible Assets	8 000	34 000	151 000	182 000
Total Fiancial Fixed Assets	0	0	7 000	33 000
Total Fixed Assets	27 000	54 000	172 000	215 000
Stock	300 000	302 000	299 000	296 000
Total Investments	0	0	0	0
Cash, Bank	858 000	871 000	933 000	1 110 000
Total Current Assets	4 171 000	3 372 000	3 263 000	3 636 000
Total Assets	4 198 000	3 426 000	3 436 000	3 851 000
Total Equity	1 339 000	1 363 000	1 240 000	1 231 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 000
Creditors	763 000	629 000	712 000	602 000
Unpaid Taxes	754 000	709 000	784 000	759 000
Dividends	500 000	0	0	250 000
Other Current Debt	1 204 000	677 000	676 000	1 143 000
Total Current Debt	2 859 000	2 062 000	2 196 000	2 617 000
Total Equity and Debt	4 198 000	3 426 000	3 436 000	3 851 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,47 %	9,02 %	0,73 %	33,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,17 %	1,48 %	0,15 %	4,37 %
Current Ratio	1,46	1,64	1,49	1,39
Quick Ratio	1,63	1,92	1,72	1,57
Equity Ratio	0,32	0,4	0,36	0,32
Gross Profit Margin	67,99 %	67,5 %	67,41 %	70,06 %