GRORUD HÅNDTVERK-SERVICE AS

0962 OSLO

Finances

Share Ownership

Return on Equity

327,87 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 283 000	33 118 000	18 082 000	15 912 000
Net Income	1 859 000	3 678 000	1 419 000	895 000
Total Assets	5 302 000	7 184 000	3 857 000	2 080 000
Total Equity	567 000	509 000	430 000	312 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 283 000	33 118 000	18 082 000	15 912 000
Expenditure	19 901 000	28 399 000	16 331 000	15 020 000
Operating Profit	2 382 000	4 720 000	1 751 000	892 000
Financial Income	1 000	0	1 000	16 000
Financial Costs	0	5 000	2 000	12 000
Financial Balance	1 000	−5 000	−1 000	4 000
Earnings Before Tax	2 383 000	4 716 000	1 749 000	895 000
Tax	525 000	1 037 000	330 000	0
Net Income	1 859 000	3 678 000	1 419 000	895 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 000	65 000	59 000	37 000
Total Current Assets	5 255 000	7 118 000	3 798 000	2 044 000
Total Assets	5 302 000	7 184 000	3 857 000	2 080 000
Total Retained Equity	467 000	0	0	212 000
Total Equity	567 000	509 000	430 000	312 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 735 000	6 675 000	3 426 000	1 769 000
Total Equity and Debt	5 302 000	7 184 000	3 857 000	2 080 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 042 000	32 880 000	17 709 000	15 804 000
Other Income	241 000	238 000	373 000	108 000
Revenue	22 283 000	33 118 000	18 082 000	15 912 000
Cost of Goods Sold	9 634 000	17 840 000	6 154 000	6 931 000
Salary Costs	7 896 000	8 230 000	7 743 000	6 312 000
Depreciation	32 000	52 000	28 000	18 000
Impairment	0	0	0	0
Expenditure	19 901 000	28 399 000	16 331 000	15 020 000
Operating Profit	2 382 000	4 720 000	1 751 000	892 000
Financial Income	1 000	0	1 000	16 000
Financial Costs	0	5 000	2 000	12 000
Financial Balance	1 000	−5 000	−1 000	4 000
Dividends	1 800 000	3 600 000	1 300 000	0
Net Income	1 859 000	3 678 000	1 419 000	895 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	7 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	58 000	58 000	37 000
Total Tangible Assets	26 000	58 000	58 000	37 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	47 000	65 000	59 000	37 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 800 000	4 798 000	2 886 000	1 086 000
Total Current Assets	5 255 000	7 118 000	3 798 000	2 044 000
Total Assets	5 302 000	7 184 000	3 857 000	2 080 000
Total Equity	567 000	509 000	430 000	312 000
Short-Term Group Debt	0	3 600 000	1 300 000	0
Total Long-Term Debt	0	0	0	0
Creditors	915 000	249 000	343 000	498 000
Unpaid Taxes	856 000	1 122 000	884 000	774 000
Dividends	1 800 000	3 600 000	1 300 000	0
Other Current Debt	625 000	660 000	567 000	497 000
Total Current Debt	4 735 000	6 675 000	3 426 000	1 769 000
Total Equity and Debt	5 302 000	7 184 000	3 857 000	2 080 000

Financial indicators	2022	2021	2020	2019
Return on Equity	327,87 %	722,59 %	330 %	286,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,69 %	14,25 %	9,68 %	5,61 %
Current Ratio	1,11	1,07	1,11	1,16
Quick Ratio	1,11	1,07	1,11	1,16
Equity Ratio	0,11	0,07	0,11	0,15
Gross Profit Margin	56,77 %	46,13 %	65,97 %	56,44 %