GRIMSBU VANNVERK SA

2582 GRIMSBU

Finances

Share Ownership

Return on Equity

4,15 %

Current Ratio

3,8

Debt-to-Equity Ratio

0,78

Key figures (NOK)	2020	2019	2018	2016
Revenue	340 000	390 000	380 000	392 000
Net Income	33 000	65 000	1 000	1 000
Total Assets	1 474 000	1 643 000	1 742 000	2 128 000
Total Equity	795 000	762 000	697 000	698 000

Income (NOK)	2020	2019	2018	2016
Revenue	340 000	390 000	380 000	392 000
Expenditure	256 000	261 000	305 000	295 000
Operating Profit	84 000	129 000	76 000	97 000
Financial Income	0	4 000	4 000	3 000
Financial Costs	51 000	67 000	79 000	99 000
Financial Balance	−51 000	−63 000	−75 000	−96 000
Earnings Before Tax	33 000	65 000	1 000	1 000
Tax	0	0	0	0
Net Income	33 000	65 000	1 000	1 000

Balance (NOK)	2020	2019	2018	2016
Total Fixed Assets	1 260 000	1 363 000	1 465 000	1 669 000
Total Current Assets	213 000	281 000	278 000	459 000
Total Assets	1 474 000	1 643 000	1 742 000	2 128 000
Total Retained Equity	0	0	512 000	515 000
Total Equity	795 000	762 000	697 000	698 000
Total Long-Term Debt	623 000	802 000	970 000	1 270 000
Total Current Debt	56 000	79 000	76 000	160 000
Total Equity and Debt	1 474 000	1 643 000	1 742 000	2 128 000

Cash flow (NOK)	2020	2019	2018	2016
Sales Income	340 000	390 000	380 000	392 000
Other Income	0	0	0	0
Revenue	340 000	390 000	380 000	392 000
Cost of Goods Sold	0	0	0	0
Salary Costs	57 000	52 000	56 000	53 000
Depreciation	102 000	102 000	102 000	102 000
Impairment	0	0	0	0
Expenditure	256 000	261 000	305 000	295 000
Operating Profit	84 000	129 000	76 000	97 000
Financial Income	0	4 000	4 000	3 000
Financial Costs	51 000	67 000	79 000	99 000
Financial Balance	−51 000	−63 000	−75 000	−96 000
Dividends	0	0	0	0
Net Income	33 000	65 000	1 000	1 000

Balance details (NOK)	2020	2019	2018	2016
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 255 000	1 347 000	1 439 000	1 623 000
Machinery and Plant Facilities	5 000	15 000	25 000	46 000
Fixtures	0	0	0	0
Total Tangible Assets	1 260 000	1 363 000	1 465 000	1 669 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 260 000	1 363 000	1 465 000	1 669 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	38 000	53 000	7 000	85 000
Total Current Assets	213 000	281 000	278 000	459 000
Total Assets	1 474 000	1 643 000	1 742 000	2 128 000
Total Equity	795 000	762 000	697 000	698 000
Short-Term Group Debt	0	0	55 000	0
Total Long-Term Debt	623 000	802 000	970 000	1 270 000
Creditors	19 000	0	25 000	22 000
Unpaid Taxes	29 000	21 000	−4 000	12 000
Dividends	0	0	0	0
Other Current Debt	9 000	58 000	0	126 000
Total Current Debt	56 000	79 000	76 000	160 000
Total Equity and Debt	1 474 000	1 643 000	1 742 000	2 128 000

Financial indicators	2020	2019	2018	2016
Return on Equity	4,15 %	8,53 %	0,14 %	0,14 %
Debt-to-Equity Ratio	0,78	1,05	1,39	1,82
Operating Profit Margin	24,71 %	33,08 %	20 %	24,74 %
Current Ratio	3,8	3,56	3,66	2,87
Quick Ratio	3,8	3,56	3,66	2,87
Equity Ratio	0,54	0,46	0,4	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %