GRØNNESTAD HÅRDESIGN AKSDAL AS

5570 AKSDAL

Finances

Share Ownership

Return on Equity

60,24 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 499 000	3 189 000	2 602 000	2 740 000
Net Income	197 000	252 000	255 000	−78 000
Total Assets	1 199 000	1 082 000	841 000	657 000
Total Equity	327 000	431 000	403 000	149 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 499 000	3 189 000	2 602 000	2 740 000
Expenditure	3 239 000	2 898 000	2 303 000	2 815 000
Operating Profit	260 000	290 000	299 000	−75 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	4 000	0	0	4 000
Financial Balance	−3 000	1 000	1 000	−2 000
Earnings Before Tax	257 000	290 000	300 000	−78 000
Tax	60 000	38 000	45 000	0
Net Income	197 000	252 000	255 000	−78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 000	97 000	113 000	145 000
Total Current Assets	1 141 000	985 000	728 000	512 000
Total Assets	1 199 000	1 082 000	841 000	657 000
Total Retained Equity	227 000	331 000	303 000	49 000
Total Equity	327 000	431 000	403 000	149 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	872 000	651 000	438 000	508 000
Total Equity and Debt	1 199 000	1 082 000	841 000	657 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 357 000	3 086 000	2 538 000	2 658 000
Other Income	142 000	103 000	64 000	83 000
Revenue	3 499 000	3 189 000	2 602 000	2 740 000
Cost of Goods Sold	388 000	395 000	177 000	243 000
Salary Costs	2 084 000	1 907 000	1 545 000	1 893 000
Depreciation	39 000	35 000	32 000	16 000
Impairment	0	0	0	0
Expenditure	3 239 000	2 898 000	2 303 000	2 815 000
Operating Profit	260 000	290 000	299 000	−75 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	4 000	0	0	4 000
Financial Balance	−3 000	1 000	1 000	−2 000
Dividends	300 000	100 000	0	0
Net Income	197 000	252 000	255 000	−78 000

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	58 000	97 000	113 000	145 000
Fixtures	0	0	0	0
Total Tangible Assets	58 000	97 000	113 000	145 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	58 000	97 000	113 000	145 000
Stock	224 000	251 000	191 000	138 000
Total Investments	0	0	0	0
Cash, Bank	911 000	726 000	534 000	372 000
Total Current Assets	1 141 000	985 000	728 000	512 000
Total Assets	1 199 000	1 082 000	841 000	657 000
Total Equity	327 000	431 000	403 000	149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	71 000	29 000	80 000
Unpaid Taxes	290 000	233 000	172 000	183 000
Dividends	300 000	100 000	0	0
Other Current Debt	211 000	208 000	191 000	245 000
Total Current Debt	872 000	651 000	438 000	508 000
Total Equity and Debt	1 199 000	1 082 000	841 000	657 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,24 %	58,47 %	63,28 %	−52,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,43 %	9,09 %	11,49 %	−2,74 %
Current Ratio	1,31	1,51	1,66	1,01
Quick Ratio	1,76	2,46	2,95	1,38
Equity Ratio	0,27	0,4	0,48	0,23
Gross Profit Margin	88,91 %	87,61 %	93,2 %	91,13 %