GROMSTAD MOTOR STOA AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

60,94 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	246 916 000	262 250 000	204 543 000	191 259 000
Net Income	9 760 000	10 990 000	6 187 000	2 334 000
Total Assets	70 798 000	53 754 000	45 077 000	52 393 000
Total Equity	16 017 000	16 836 000	17 159 000	17 159 000

Income (NOK)	2022	2021	2020	2019
Revenue	246 916 000	262 250 000	204 543 000	191 259 000
Expenditure	234 249 000	247 983 000	196 247 000	188 010 000
Operating Profit	12 668 000	14 267 000	8 296 000	3 249 000
Financial Income	248 000	66 000	50 000	55 000
Financial Costs	403 000	243 000	412 000	312 000
Financial Balance	−155 000	−177 000	−362 000	−257 000
Earnings Before Tax	12 512 000	14 090 000	7 934 000	2 992 000
Tax	2 753 000	3 100 000	1 746 000	657 000
Net Income	9 760 000	10 990 000	6 187 000	2 334 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 766 000	3 555 000	3 494 000	4 221 000
Total Current Assets	67 033 000	50 198 000	41 583 000	48 172 000
Total Assets	70 798 000	53 754 000	45 077 000	52 393 000
Total Retained Equity	8 948 000	9 766 000	7 889 000	7 889 000
Total Equity	16 017 000	16 836 000	17 159 000	17 159 000
Total Long-Term Debt	1 500 000	1 500 000	1 500 000	1 500 000
Total Current Debt	53 281 000	35 418 000	26 418 000	33 734 000
Total Equity and Debt	70 798 000	53 754 000	45 077 000	52 393 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	246 916 000	262 250 000	204 543 000	191 259 000
Other Income	0	0	0	0
Revenue	246 916 000	262 250 000	204 543 000	191 259 000
Cost of Goods Sold	197 674 000	213 595 000	165 687 000	158 984 000
Salary Costs	20 227 000	19 519 000	18 276 000	17 192 000
Depreciation	889 000	731 000	716 000	686 000
Impairment	0	0	0	0
Expenditure	234 249 000	247 983 000	196 247 000	188 010 000
Operating Profit	12 668 000	14 267 000	8 296 000	3 249 000
Financial Income	248 000	66 000	50 000	55 000
Financial Costs	403 000	243 000	412 000	312 000
Financial Balance	−155 000	−177 000	−362 000	−257 000
Dividends	0	0	0	0
Net Income	9 760 000	10 990 000	6 187 000	2 334 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	629 000	398 000	307 000	375 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 137 000	1 702 000	1 746 000	1 424 000
Total Tangible Assets	3 137 000	3 157 000	4 627 000	6 268 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 766 000	3 555 000	3 494 000	4 221 000
Stock	46 207 000	25 501 000	26 834 000	33 427 000
Total Investments	0	0	0	0
Cash, Bank	5 523 000	12 053 000	7 107 000	5 567 000
Total Current Assets	67 033 000	50 198 000	41 583 000	48 172 000
Total Assets	70 798 000	53 754 000	45 077 000	52 393 000
Total Equity	16 017 000	16 836 000	17 159 000	17 159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 500 000	1 500 000	1 500 000	1 500 000
Creditors	12 166 000	11 718 000	11 401 000	14 163 000
Unpaid Taxes	6 143 000	2 481 000	4 434 000	6 433 000
Dividends	0	0	0	0
Other Current Debt	34 973 000	21 219 000	10 583 000	12 597 000
Total Current Debt	53 281 000	35 418 000	26 418 000	33 734 000
Total Equity and Debt	70 798 000	53 754 000	45 077 000	52 393 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,94 %	65,28 %	36,06 %	13,6 %
Debt-to-Equity Ratio	0,09	0,09	0,09	0,09
Operating Profit Margin	5,13 %	5,44 %	4,06 %	1,7 %
Current Ratio	1,26	1,42	1,57	1,43
Quick Ratio	9,48	5,06	−99,96	156,91
Equity Ratio	0,23	0,31	0,38	0,33
Gross Profit Margin	19,94 %	18,55 %	19 %	16,88 %