GRANNES VVS AS

7805 NAMSOS

Finances

Return on Equity

61 %

Current Ratio

1,48

Debt-to-Equity Ratio

1,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 400 000	32 113 000	0	31 000
Net Income	1 750 000	3 660 000	−362 000	−2 451 000
Total Assets	14 532 000	13 340 000	2 035 000	2 035 000
Total Equity	2 869 000	120 000	−12 569 000	−12 206 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 400 000	32 113 000	0	31 000
Expenditure	37 671 000	31 890 000	45 000	132 000
Operating Profit	730 000	223 000	−45 000	−101 000
Financial Income	1 460 000	913 000	0	87 000
Financial Costs	346 000	767 000	317 000	575 000
Financial Balance	1 114 000	146 000	−317 000	−488 000
Earnings Before Tax	1 844 000	369 000	−362 000	−589 000
Tax	94 000	−3 291 000	0	1 861 000
Net Income	1 750 000	3 660 000	−362 000	−2 451 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 204 000	4 301 000	2 035 000	2 035 000
Total Current Assets	10 328 000	9 039 000	0	0
Total Assets	14 532 000	13 340 000	2 035 000	2 035 000
Total Retained Equity	979 000	−9 610 000	−15 769 000	−15 406 000
Total Equity	2 869 000	120 000	−12 569 000	−12 206 000
Total Long-Term Debt	4 686 000	6 365 000	6 561 000	6 741 000
Total Current Debt	6 977 000	6 856 000	8 043 000	7 500 000
Total Equity and Debt	14 532 000	13 340 000	2 035 000	2 035 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 483 000	31 248 000	0	0
Other Income	−83 000	865 000	0	31 000
Revenue	38 400 000	32 113 000	0	31 000
Cost of Goods Sold	18 407 000	14 071 000	0	0
Salary Costs	14 145 000	12 874 000	0	0
Depreciation	227 000	244 000	0	0
Impairment	0	0	0	0
Expenditure	37 671 000	31 890 000	45 000	132 000
Operating Profit	730 000	223 000	−45 000	−101 000
Financial Income	1 460 000	913 000	0	87 000
Financial Costs	346 000	767 000	317 000	575 000
Financial Balance	1 114 000	146 000	−317 000	−488 000
Dividends	0	0	0	0
Net Income	1 750 000	3 660 000	−362 000	−2 451 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 820 000	3 914 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	168 000	327 000	0	0
Total Tangible Assets	168 000	327 000	0	0
Total Fiancial Fixed Assets	217 000	61 000	2 035 000	2 035 000
Total Fixed Assets	4 204 000	4 301 000	2 035 000	2 035 000
Stock	2 400 000	2 500 000	0	0
Total Investments	0	0	0	0
Cash, Bank	494 000	1 206 000	0	0
Total Current Assets	10 328 000	9 039 000	0	0
Total Assets	14 532 000	13 340 000	2 035 000	2 035 000
Total Equity	2 869 000	120 000	−12 569 000	−12 206 000
Short-Term Group Debt	0	0	3 920 000	0
Total Long-Term Debt	4 686 000	6 365 000	6 561 000	6 741 000
Creditors	2 733 000	2 637 000	11 000	26 000
Unpaid Taxes	1 194 000	995 000	0	0
Dividends	0	0	0	0
Other Current Debt	2 653 000	2 164 000	0	18 000
Total Current Debt	6 977 000	6 856 000	8 043 000	7 500 000
Total Equity and Debt	14 532 000	13 340 000	2 035 000	2 035 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61 %	3 050 %	2,88 %	20,08 %
Debt-to-Equity Ratio	1,63	53,04	−0,52	−0,55
Operating Profit Margin	1,9 %	0,69 %	-	−325,81 %
Current Ratio	1,48	1,32	0	0
Quick Ratio	2,26	2,08	0	0
Equity Ratio	0,2	0,01	−6,18	−6
Gross Profit Margin	52,07 %	56,18 %	-	100 %