SIGURD OG OLA GRIMSTAD AS

2651 ØSTRE GAUSDAL

Finances

Return on Equity

17,49 %

Current Ratio

2,11

Debt-to-Equity Ratio

1,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	129 135 000	109 325 000	97 084 000	83 371 000
Net Income	5 935 000	4 689 000	5 007 000	1 147 000
Total Assets	116 424 000	105 469 000	91 691 000	71 104 000
Total Equity	33 930 000	28 405 000	24 126 000	19 529 000

Income (NOK)	2022	2021	2020	2019
Revenue	129 135 000	109 325 000	97 084 000	83 371 000
Expenditure	119 652 000	102 181 000	89 604 000	80 787 000
Operating Profit	9 483 000	7 145 000	7 480 000	2 583 000
Financial Income	97 000	30 000	68 000	64 000
Financial Costs	1 956 000	1 154 000	1 111 000	1 141 000
Financial Balance	−1 859 000	−1 124 000	−1 043 000	−1 077 000
Earnings Before Tax	7 624 000	6 021 000	6 437 000	1 507 000
Tax	1 689 000	1 332 000	1 430 000	360 000
Net Income	5 935 000	4 689 000	5 007 000	1 147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	75 509 000	74 482 000	65 681 000	51 189 000
Total Current Assets	40 915 000	30 987 000	26 010 000	19 916 000
Total Assets	116 424 000	105 469 000	91 691 000	71 104 000
Total Retained Equity	31 880 000	26 355 000	22 076 000	17 479 000
Total Equity	33 930 000	28 405 000	24 126 000	19 529 000
Total Long-Term Debt	63 147 000	61 871 000	53 660 000	40 636 000
Total Current Debt	19 347 000	15 194 000	13 905 000	10 939 000
Total Equity and Debt	116 424 000	105 469 000	91 691 000	71 104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	128 577 000	108 185 000	95 472 000	82 863 000
Other Income	558 000	1 140 000	1 612 000	508 000
Revenue	129 135 000	109 325 000	97 084 000	83 371 000
Cost of Goods Sold	12 645 000	13 209 000	10 568 000	8 831 000
Salary Costs	44 600 000	41 305 000	38 162 000	34 567 000
Depreciation	13 620 000	11 413 000	9 459 000	7 985 000
Impairment	0	0	0	0
Expenditure	119 652 000	102 181 000	89 604 000	80 787 000
Operating Profit	9 483 000	7 145 000	7 480 000	2 583 000
Financial Income	97 000	30 000	68 000	64 000
Financial Costs	1 956 000	1 154 000	1 111 000	1 141 000
Financial Balance	−1 859 000	−1 124 000	−1 043 000	−1 077 000
Dividends	410 000	410 000	410 000	185 000
Net Income	5 935 000	4 689 000	5 007 000	1 147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 058 000	9 521 000	9 984 000	10 265 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	65 593 000	64 099 000	54 813 000	40 014 000
Total Tangible Assets	74 650 000	73 620 000	64 797 000	50 279 000
Total Fiancial Fixed Assets	859 000	862 000	884 000	910 000
Total Fixed Assets	75 509 000	74 482 000	65 681 000	51 189 000
Stock	430 000	404 000	331 000	359 000
Total Investments	0	0	0	0
Cash, Bank	26 430 000	19 652 000	12 230 000	9 349 000
Total Current Assets	40 915 000	30 987 000	26 010 000	19 916 000
Total Assets	116 424 000	105 469 000	91 691 000	71 104 000
Total Equity	33 930 000	28 405 000	24 126 000	19 529 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	63 147 000	61 871 000	53 660 000	40 636 000
Creditors	4 877 000	4 004 000	3 251 000	3 127 000
Unpaid Taxes	6 080 000	4 265 000	4 316 000	3 421 000
Dividends	410 000	410 000	410 000	185 000
Other Current Debt	6 583 000	6 106 000	5 666 000	4 207 000
Total Current Debt	19 347 000	15 194 000	13 905 000	10 939 000
Total Equity and Debt	116 424 000	105 469 000	91 691 000	71 104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,49 %	16,51 %	20,75 %	5,87 %
Debt-to-Equity Ratio	1,86	2,18	2,22	2,08
Operating Profit Margin	7,34 %	6,54 %	7,7 %	3,1 %
Current Ratio	2,11	2,04	1,87	1,82
Quick Ratio	2,16	2,1	1,92	1,88
Equity Ratio	0,29	0,27	0,26	0,27
Gross Profit Margin	90,21 %	87,92 %	89,11 %	89,41 %