GRUNNARBEID VEST HOLDING AS

5285 BRUVIK

Finances

Return on Equity

22,39 %

Current Ratio

1,97

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 339 000	40 898 000	28 625 000	26 701 000
Net Income	1 797 000	−27 000	−1 562 000	1 502 000
Total Assets	15 832 000	17 982 000	16 065 000	15 742 000
Total Equity	8 026 000	6 229 000	7 257 000	8 819 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 339 000	40 898 000	28 625 000	26 701 000
Expenditure	33 154 000	41 016 000	30 704 000	24 839 000
Operating Profit	2 184 000	−118 000	−2 080 000	1 861 000
Financial Income	132 000	101 000	105 000	70 000
Financial Costs	3 000	11 000	26 000	1 000
Financial Balance	129 000	90 000	79 000	69 000
Earnings Before Tax	2 313 000	−28 000	−2 001 000	1 930 000
Tax	516 000	−1 000	−439 000	428 000
Net Income	1 797 000	−27 000	−1 562 000	1 502 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 419 000	4 760 000	5 524 000	5 845 000
Total Current Assets	11 413 000	13 222 000	10 541 000	9 898 000
Total Assets	15 832 000	17 982 000	16 065 000	15 742 000
Total Retained Equity	7 926 000	6 129 000	7 157 000	8 719 000
Total Equity	8 026 000	6 229 000	7 257 000	8 819 000
Total Long-Term Debt	2 016 000	1 700 000	1 701 000	1 341 000
Total Current Debt	5 790 000	10 053 000	7 107 000	5 583 000
Total Equity and Debt	15 832 000	17 982 000	16 065 000	15 742 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 268 000	40 898 000	28 475 000	26 191 000
Other Income	71 000	0	150 000	510 000
Revenue	35 339 000	40 898 000	28 625 000	26 701 000
Cost of Goods Sold	14 534 000	21 110 000	13 401 000	10 427 000
Salary Costs	8 502 000	9 717 000	8 402 000	6 803 000
Depreciation	501 000	694 000	667 000	593 000
Impairment	0	0	0	0
Expenditure	33 154 000	41 016 000	30 704 000	24 839 000
Operating Profit	2 184 000	−118 000	−2 080 000	1 861 000
Financial Income	132 000	101 000	105 000	70 000
Financial Costs	3 000	11 000	26 000	1 000
Financial Balance	129 000	90 000	79 000	69 000
Dividends	0	1 000 000	0	1 000 000
Net Income	1 797 000	−27 000	−1 562 000	1 502 000

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	32 000	125 000	176 000	203 000
Fixtures	0	0	0	0
Total Tangible Assets	475 000	810 000	1 472 000	1 762 000
Total Fiancial Fixed Assets	3 945 000	3 950 000	4 052 000	4 083 000
Total Fixed Assets	4 419 000	4 760 000	5 524 000	5 845 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 918 000	4 923 000	3 171 000	3 942 000
Total Current Assets	11 413 000	13 222 000	10 541 000	9 898 000
Total Assets	15 832 000	17 982 000	16 065 000	15 742 000
Total Equity	8 026 000	6 229 000	7 257 000	8 819 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 016 000	1 700 000	1 701 000	1 341 000
Creditors	2 786 000	4 512 000	4 237 000	2 209 000
Unpaid Taxes	1 034 000	1 388 000	1 199 000	525 000
Dividends	0	1 000 000	0	1 000 000
Other Current Debt	1 970 000	4 152 000	1 672 000	1 410 000
Total Current Debt	5 790 000	10 053 000	7 107 000	5 583 000
Total Equity and Debt	15 832 000	17 982 000	16 065 000	15 742 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,39 %	−0,43 %	−21,52 %	17,03 %
Debt-to-Equity Ratio	0,25	0,27	0,23	0,15
Operating Profit Margin	6,18 %	−0,29 %	−7,27 %	6,97 %
Current Ratio	1,97	1,32	1,48	1,77
Quick Ratio	1,97	1,32	1,48	1,77
Equity Ratio	0,51	0,35	0,45	0,56
Gross Profit Margin	58,87 %	48,38 %	53,18 %	60,95 %