GRANNES MASKIN AS

7877 HØYLANDET

Finances

Share Ownership

Return on Equity

8,85 %

Current Ratio

2,38

Debt-to-Equity Ratio

1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 030 000	2 429 000	2 260 000	1 882 000
Net Income	141 000	86 000	213 000	−174 000
Total Assets	4 434 000	3 329 000	3 194 000	1 733 000
Total Equity	1 594 000	1 453 000	1 367 000	1 154 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 030 000	2 429 000	2 260 000	1 882 000
Expenditure	2 751 000	2 261 000	1 966 000	2 092 000
Operating Profit	280 000	168 000	294 000	−210 000
Financial Income	7 000	2 000	2 000	3 000
Financial Costs	106 000	60 000	23 000	16 000
Financial Balance	−99 000	−58 000	−21 000	−13 000
Earnings Before Tax	181 000	110 000	273 000	−223 000
Tax	40 000	24 000	60 000	−49 000
Net Income	141 000	86 000	213 000	−174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 248 000	2 183 000	2 274 000	1 029 000
Total Current Assets	1 186 000	1 145 000	920 000	704 000
Total Assets	4 434 000	3 329 000	3 194 000	1 733 000
Total Retained Equity	1 494 000	1 353 000	1 267 000	1 054 000
Total Equity	1 594 000	1 453 000	1 367 000	1 154 000
Total Long-Term Debt	2 341 000	1 506 000	1 608 000	303 000
Total Current Debt	499 000	369 000	218 000	275 000
Total Equity and Debt	4 434 000	3 329 000	3 194 000	1 733 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 969 000	2 151 000	1 985 000	1 836 000
Other Income	61 000	279 000	275 000	46 000
Revenue	3 030 000	2 429 000	2 260 000	1 882 000
Cost of Goods Sold	689 000	565 000	489 000	397 000
Salary Costs	671 000	620 000	568 000	582 000
Depreciation	340 000	339 000	228 000	450 000
Impairment	0	0	0	0
Expenditure	2 751 000	2 261 000	1 966 000	2 092 000
Operating Profit	280 000	168 000	294 000	−210 000
Financial Income	7 000	2 000	2 000	3 000
Financial Costs	106 000	60 000	23 000	16 000
Financial Balance	−99 000	−58 000	−21 000	−13 000
Dividends	0	0	0	0
Net Income	141 000	86 000	213 000	−174 000

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	2 808 000	2 163 000	1 945 000	624 000
Fixtures	440 000	21 000	328 000	404 000
Total Tangible Assets	3 248 000	2 183 000	2 274 000	1 029 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 248 000	2 183 000	2 274 000	1 029 000
Stock	71 000	50 000	50 000	50 000
Total Investments	0	0	0	0
Cash, Bank	486 000	583 000	59 000	418 000
Total Current Assets	1 186 000	1 145 000	920 000	704 000
Total Assets	4 434 000	3 329 000	3 194 000	1 733 000
Total Equity	1 594 000	1 453 000	1 367 000	1 154 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 341 000	1 506 000	1 608 000	303 000
Creditors	154 000	240 000	122 000	124 000
Unpaid Taxes	279 000	77 000	46 000	101 000
Dividends	0	0	0	0
Other Current Debt	65 000	52 000	50 000	51 000
Total Current Debt	499 000	369 000	218 000	275 000
Total Equity and Debt	4 434 000	3 329 000	3 194 000	1 733 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,85 %	5,92 %	15,58 %	−15,08 %
Debt-to-Equity Ratio	1,47	1,04	1,18	0,26
Operating Profit Margin	9,24 %	6,92 %	13,01 %	−11,16 %
Current Ratio	2,38	3,1	4,22	2,56
Quick Ratio	2,77	3,59	5,48	3,13
Equity Ratio	0,36	0,44	0,43	0,67
Gross Profit Margin	77,26 %	76,74 %	78,36 %	78,91 %