GRÆNDSENS SKOTØIMAGAZIN AS

0159 OSLO

Finances

Return on Equity

22,36 %

Current Ratio

4,04

Debt-to-Equity Ratio

2,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 269 000	46 070 000	39 833 000	59 051 000
Net Income	2 380 000	2 346 000	−3 276 000	393 000
Total Assets	42 912 000	45 761 000	41 233 000	43 766 000
Total Equity	10 644 000	8 264 000	5 919 000	9 195 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 269 000	46 070 000	39 833 000	59 051 000
Expenditure	52 595 000	42 503 000	43 334 000	57 948 000
Operating Profit	3 673 000	3 568 000	−3 500 000	1 103 000
Financial Income	462 000	544 000	319 000	489 000
Financial Costs	1 130 000	1 179 000	1 019 000	1 110 000
Financial Balance	−668 000	−635 000	−700 000	−621 000
Earnings Before Tax	3 005 000	2 933 000	−4 200 000	482 000
Tax	625 000	587 000	−924 000	89 000
Net Income	2 380 000	2 346 000	−3 276 000	393 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 262 000	15 170 000	16 149 000	14 897 000
Total Current Assets	38 650 000	30 591 000	25 083 000	28 869 000
Total Assets	42 912 000	45 761 000	41 233 000	43 766 000
Total Retained Equity	2 394 000	14 000	−2 331 000	945 000
Total Equity	10 644 000	8 264 000	5 919 000	9 195 000
Total Long-Term Debt	22 695 000	27 599 000	23 482 000	22 701 000
Total Current Debt	9 573 000	9 898 000	11 832 000	11 870 000
Total Equity and Debt	42 912 000	45 761 000	41 233 000	43 766 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 809 000	37 091 000	32 755 000	53 606 000
Other Income	8 460 000	8 979 000	7 078 000	5 445 000
Revenue	56 269 000	46 070 000	39 833 000	59 051 000
Cost of Goods Sold	22 352 000	18 049 000	17 427 000	27 061 000
Salary Costs	16 099 000	12 118 000	13 892 000	18 548 000
Depreciation	181 000	210 000	198 000	118 000
Impairment	0	0	0	0
Expenditure	52 595 000	42 503 000	43 334 000	57 948 000
Operating Profit	3 673 000	3 568 000	−3 500 000	1 103 000
Financial Income	462 000	544 000	319 000	489 000
Financial Costs	1 130 000	1 179 000	1 019 000	1 110 000
Financial Balance	−668 000	−635 000	−700 000	−621 000
Dividends	0	0	0	0
Net Income	2 380 000	2 346 000	−3 276 000	393 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	317 000	391 000	829 000	483 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	454 000	595 000	766 000	153 000
Total Tangible Assets	454 000	595 000	766 000	153 000
Total Fiancial Fixed Assets	3 491 000	14 184 000	14 554 000	14 261 000
Total Fixed Assets	4 262 000	15 170 000	16 149 000	14 897 000
Stock	18 624 000	17 515 000	20 207 000	21 221 000
Total Investments	0	0	0	0
Cash, Bank	19 463 000	12 633 000	3 461 000	6 233 000
Total Current Assets	38 650 000	30 591 000	25 083 000	28 869 000
Total Assets	42 912 000	45 761 000	41 233 000	43 766 000
Total Equity	10 644 000	8 264 000	5 919 000	9 195 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 695 000	27 599 000	23 482 000	22 701 000
Creditors	1 291 000	5 109 000	7 519 000	5 883 000
Unpaid Taxes	3 092 000	2 775 000	1 519 000	3 258 000
Dividends	0	0	0	0
Other Current Debt	4 639 000	1 865 000	2 794 000	2 628 000
Total Current Debt	9 573 000	9 898 000	11 832 000	11 870 000
Total Equity and Debt	42 912 000	45 761 000	41 233 000	43 766 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,36 %	28,39 %	−55,35 %	4,27 %
Debt-to-Equity Ratio	2,13	3,34	3,97	2,47
Operating Profit Margin	6,53 %	7,74 %	−8,79 %	1,87 %
Current Ratio	4,04	3,09	2,12	2,43
Quick Ratio	−4,27	−4,02	−2,99	−3,09
Equity Ratio	0,25	0,18	0,14	0,21
Gross Profit Margin	60,28 %	60,82 %	56,25 %	54,17 %