GRØNVOLD MASKINSERVICE AS

0582 OSLO

Finances

Share Ownership

Return on Equity

30,19 %

Current Ratio

2,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	220 601 000	207 782 000	197 398 000	183 345 000
Net Income	21 234 000	14 179 000	14 903 000	9 331 000
Total Assets	107 235 000	80 511 000	83 685 000	65 873 000
Total Equity	70 323 000	49 090 000	34 911 000	35 008 000

Income (NOK)	2022	2021	2020	2019
Revenue	220 601 000	207 782 000	197 398 000	183 345 000
Expenditure	193 848 000	189 698 000	178 319 000	171 446 000
Operating Profit	26 753 000	18 086 000	19 079 000	11 899 000
Financial Income	502 000	122 000	69 000	89 000
Financial Costs	33 000	30 000	40 000	26 000
Financial Balance	469 000	92 000	29 000	63 000
Earnings Before Tax	27 223 000	18 178 000	19 109 000	11 962 000
Tax	5 989 000	3 999 000	4 205 000	2 632 000
Net Income	21 234 000	14 179 000	14 903 000	9 331 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 810 000	7 078 000	6 464 000	5 974 000
Total Current Assets	101 424 000	73 433 000	77 222 000	59 899 000
Total Assets	107 235 000	80 511 000	83 685 000	65 873 000
Total Retained Equity	70 223 000	48 990 000	34 811 000	34 908 000
Total Equity	70 323 000	49 090 000	34 911 000	35 008 000
Total Long-Term Debt	0	0	650 000	650 000
Total Current Debt	36 911 000	31 422 000	48 125 000	30 216 000
Total Equity and Debt	107 235 000	80 511 000	83 685 000	65 873 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	219 992 000	207 619 000	197 187 000	183 121 000
Other Income	609 000	163 000	210 000	225 000
Revenue	220 601 000	207 782 000	197 398 000	183 345 000
Cost of Goods Sold	133 429 000	127 945 000	121 085 000	115 659 000
Salary Costs	44 834 000	45 161 000	42 498 000	40 516 000
Depreciation	1 598 000	1 670 000	1 206 000	1 190 000
Impairment	0	0	0	0
Expenditure	193 848 000	189 698 000	178 319 000	171 446 000
Operating Profit	26 753 000	18 086 000	19 079 000	11 899 000
Financial Income	502 000	122 000	69 000	89 000
Financial Costs	33 000	30 000	40 000	26 000
Financial Balance	469 000	92 000	29 000	63 000
Dividends	0	0	15 000 000	0
Net Income	21 234 000	14 179 000	14 903 000	9 331 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	526 000	196 000	150 000	166 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	517 000	643 000	573 000	567 000
Fixtures	4 767 000	6 239 000	5 741 000	5 240 000
Total Tangible Assets	5 284 000	6 882 000	6 314 000	5 807 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 810 000	7 078 000	6 464 000	5 974 000
Stock	28 604 000	30 965 000	25 551 000	24 650 000
Total Investments	0	0	0	0
Cash, Bank	50 768 000	21 445 000	31 539 000	20 868 000
Total Current Assets	101 424 000	73 433 000	77 222 000	59 899 000
Total Assets	107 235 000	80 511 000	83 685 000	65 873 000
Total Equity	70 323 000	49 090 000	34 911 000	35 008 000
Short-Term Group Debt	0	0	1 441 000	4 441 000
Total Long-Term Debt	0	0	650 000	650 000
Creditors	14 431 000	12 441 000	12 048 000	10 307 000
Unpaid Taxes	6 519 000	6 246 000	6 077 000	5 128 000
Dividends	0	0	15 000 000	0
Other Current Debt	9 642 000	8 689 000	9 370 000	7 672 000
Total Current Debt	36 911 000	31 422 000	48 125 000	30 216 000
Total Equity and Debt	107 235 000	80 511 000	83 685 000	65 873 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,19 %	28,88 %	42,69 %	26,65 %
Debt-to-Equity Ratio	0	0	0,02	0,02
Operating Profit Margin	12,13 %	8,7 %	9,67 %	6,49 %
Current Ratio	2,75	2,34	1,6	1,98
Quick Ratio	12,21	160,68	3,42	10,76
Equity Ratio	0,66	0,61	0,42	0,53
Gross Profit Margin	39,52 %	38,42 %	38,66 %	36,92 %