GRIDSETH RØR AS

6600 SUNNDALSØRA

Finances

Return on Equity

36,46 %

Current Ratio

2,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 275 000	11 174 000	10 211 000	9 069 000
Net Income	1 981 000	909 000	1 314 000	552 000
Total Assets	8 512 000	6 395 000	5 884 000	4 138 000
Total Equity	5 433 000	3 953 000	3 444 000	2 480 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 275 000	11 174 000	10 211 000	9 069 000
Expenditure	10 736 000	10 012 000	8 528 000	8 354 000
Operating Profit	2 538 000	1 163 000	1 683 000	714 000
Financial Income	1 000	8 000	4 000	1 000
Financial Costs	0	5 000	0	0
Financial Balance	1 000	3 000	4 000	1 000
Earnings Before Tax	2 539 000	1 166 000	1 686 000	715 000
Tax	558 000	258 000	372 000	162 000
Net Income	1 981 000	909 000	1 314 000	552 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	159 000	177 000	171 000	161 000
Total Current Assets	8 353 000	6 218 000	5 713 000	3 977 000
Total Assets	8 512 000	6 395 000	5 884 000	4 138 000
Total Retained Equity	5 133 000	3 653 000	3 144 000	2 180 000
Total Equity	5 433 000	3 953 000	3 444 000	2 480 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 079 000	2 442 000	2 440 000	1 659 000
Total Equity and Debt	8 512 000	6 395 000	5 884 000	4 138 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 275 000	11 174 000	10 211 000	9 069 000
Other Income	0	0	0	0
Revenue	13 275 000	11 174 000	10 211 000	9 069 000
Cost of Goods Sold	5 181 000	4 694 000	3 931 000	3 822 000
Salary Costs	3 772 000	3 845 000	3 293 000	3 266 000
Depreciation	22 000	25 000	24 000	25 000
Impairment	0	0	0	0
Expenditure	10 736 000	10 012 000	8 528 000	8 354 000
Operating Profit	2 538 000	1 163 000	1 683 000	714 000
Financial Income	1 000	8 000	4 000	1 000
Financial Costs	0	5 000	0	0
Financial Balance	1 000	3 000	4 000	1 000
Dividends	500 000	0	350 000	350 000
Net Income	1 981 000	909 000	1 314 000	552 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	91 000	103 000	114 000	116 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	68 000	73 000	52 000	39 000
Total Tangible Assets	68 000	73 000	52 000	39 000
Total Fiancial Fixed Assets	1 000	1 000	6 000	6 000
Total Fixed Assets	159 000	177 000	171 000	161 000
Stock	1 665 000	1 694 000	1 557 000	1 490 000
Total Investments	0	0	0	0
Cash, Bank	2 170 000	2 336 000	1 505 000	1 668 000
Total Current Assets	8 353 000	6 218 000	5 713 000	3 977 000
Total Assets	8 512 000	6 395 000	5 884 000	4 138 000
Total Equity	5 433 000	3 953 000	3 444 000	2 480 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	473 000	694 000	646 000	412 000
Unpaid Taxes	1 159 000	623 000	687 000	356 000
Dividends	500 000	0	350 000	350 000
Other Current Debt	402 000	478 000	388 000	386 000
Total Current Debt	3 079 000	2 442 000	2 440 000	1 659 000
Total Equity and Debt	8 512 000	6 395 000	5 884 000	4 138 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,46 %	23 %	38,15 %	22,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,12 %	10,41 %	16,48 %	7,87 %
Current Ratio	2,71	2,55	2,34	2,4
Quick Ratio	5,91	8,31	6,47	23,53
Equity Ratio	0,64	0,62	0,59	0,6
Gross Profit Margin	60,97 %	57,99 %	61,5 %	57,86 %