GRINDHEIM BIL OG MEK VERKSTED AS

4529 BYREMO

Finances

Return on Equity

13,11 %

Current Ratio

3,26

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 288 000	12 316 000	11 091 000	10 920 000
Net Income	820 000	387 000	412 000	241 000
Total Assets	9 219 000	8 204 000	7 794 000	7 204 000
Total Equity	6 253 000	5 433 000	5 047 000	4 634 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 288 000	12 316 000	11 091 000	10 920 000
Expenditure	12 174 000	11 763 000	10 498 000	10 547 000
Operating Profit	1 114 000	553 000	594 000	375 000
Financial Income	6 000	3 000	3 000	7 000
Financial Costs	69 000	61 000	68 000	73 000
Financial Balance	−63 000	−58 000	−65 000	−66 000
Earnings Before Tax	1 051 000	496 000	529 000	309 000
Tax	231 000	109 000	116 000	68 000
Net Income	820 000	387 000	412 000	241 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 112 000	2 779 000	2 694 000	2 737 000
Total Current Assets	6 107 000	5 424 000	5 100 000	4 466 000
Total Assets	9 219 000	8 204 000	7 794 000	7 204 000
Total Retained Equity	5 953 000	5 133 000	4 747 000	4 334 000
Total Equity	6 253 000	5 433 000	5 047 000	4 634 000
Total Long-Term Debt	1 091 000	1 176 000	1 261 000	1 346 000
Total Current Debt	1 876 000	1 595 000	1 487 000	1 224 000
Total Equity and Debt	9 219 000	8 204 000	7 794 000	7 204 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 103 000	12 099 000	11 038 000	10 864 000
Other Income	185 000	218 000	52 000	57 000
Revenue	13 288 000	12 316 000	11 091 000	10 920 000
Cost of Goods Sold	5 392 000	5 304 000	4 662 000	4 624 000
Salary Costs	5 135 000	5 039 000	4 562 000	4 712 000
Depreciation	219 000	135 000	146 000	110 000
Impairment	0	0	0	0
Expenditure	12 174 000	11 763 000	10 498 000	10 547 000
Operating Profit	1 114 000	553 000	594 000	375 000
Financial Income	6 000	3 000	3 000	7 000
Financial Costs	69 000	61 000	68 000	73 000
Financial Balance	−63 000	−58 000	−65 000	−66 000
Dividends	0	0	0	0
Net Income	820 000	387 000	412 000	241 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	62 000	69 000	80 000
Real Eastate	2 315 000	2 355 000	2 431 000	2 506 000
Machinery and Plant Facilities	372 000	325 000	143 000	86 000
Fixtures	365 000	38 000	51 000	65 000
Total Tangible Assets	3 053 000	2 717 000	2 625 000	2 657 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 112 000	2 779 000	2 694 000	2 737 000
Stock	1 465 000	1 368 000	1 300 000	1 301 000
Total Investments	1 000	0	0	0
Cash, Bank	2 740 000	3 136 000	2 803 000	2 142 000
Total Current Assets	6 107 000	5 424 000	5 100 000	4 466 000
Total Assets	9 219 000	8 204 000	7 794 000	7 204 000
Total Equity	6 253 000	5 433 000	5 047 000	4 634 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 091 000	1 176 000	1 261 000	1 346 000
Creditors	323 000	351 000	270 000	120 000
Unpaid Taxes	835 000	660 000	678 000	571 000
Dividends	0	0	0	0
Other Current Debt	489 000	481 000	434 000	464 000
Total Current Debt	1 876 000	1 595 000	1 487 000	1 224 000
Total Equity and Debt	9 219 000	8 204 000	7 794 000	7 204 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,11 %	7,12 %	8,16 %	5,2 %
Debt-to-Equity Ratio	0,17	0,22	0,25	0,29
Operating Profit Margin	8,38 %	4,49 %	5,36 %	3,43 %
Current Ratio	3,26	3,4	3,43	3,65
Quick Ratio	14,86	23,89	27,27	−58
Equity Ratio	0,68	0,66	0,65	0,64
Gross Profit Margin	59,42 %	56,93 %	57,97 %	57,66 %