GRUNNVIK LANDHANDEL AS

3870 FYRESDAL

Finances

Return on Equity

3,38 %

Current Ratio

2,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 723 000	20 752 000	19 942 000	18 022 000
Net Income	86 000	308 000	230 000	134 000
Total Assets	4 361 000	3 983 000	4 158 000	3 322 000
Total Equity	2 543 000	2 457 000	2 149 000	1 919 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 723 000	20 752 000	19 942 000	18 022 000
Expenditure	20 619 000	20 370 000	19 667 000	17 890 000
Operating Profit	104 000	383 000	275 000	133 000
Financial Income	29 000	29 000	32 000	35 000
Financial Costs	3 000	10 000	11 000	12 000
Financial Balance	26 000	19 000	21 000	23 000
Earnings Before Tax	130 000	402 000	296 000	156 000
Tax	44 000	94 000	66 000	22 000
Net Income	86 000	308 000	230 000	134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	432 000	605 000	637 000	477 000
Total Current Assets	3 930 000	3 378 000	3 521 000	2 846 000
Total Assets	4 361 000	3 983 000	4 158 000	3 322 000
Total Retained Equity	2 443 000	2 357 000	2 049 000	1 819 000
Total Equity	2 543 000	2 457 000	2 149 000	1 919 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 818 000	1 526 000	2 009 000	1 403 000
Total Equity and Debt	4 361 000	3 983 000	4 158 000	3 322 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 650 000	20 681 000	19 879 000	17 941 000
Other Income	73 000	71 000	63 000	81 000
Revenue	20 723 000	20 752 000	19 942 000	18 022 000
Cost of Goods Sold	15 280 000	15 328 000	14 728 000	13 283 000
Salary Costs	3 148 000	2 857 000	3 103 000	2 725 000
Depreciation	240 000	206 000	172 000	82 000
Impairment	0	0	0	0
Expenditure	20 619 000	20 370 000	19 667 000	17 890 000
Operating Profit	104 000	383 000	275 000	133 000
Financial Income	29 000	29 000	32 000	35 000
Financial Costs	3 000	10 000	11 000	12 000
Financial Balance	26 000	19 000	21 000	23 000
Dividends	0	0	0	0
Net Income	86 000	308 000	230 000	134 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	59 000	67 000	0	0
Machinery and Plant Facilities	324 000	350 000	222 000	0
Fixtures	39 000	188 000	337 000	455 000
Total Tangible Assets	422 000	605 000	559 000	455 000
Total Fiancial Fixed Assets	10 000	0	78 000	21 000
Total Fixed Assets	432 000	605 000	637 000	477 000
Stock	1 200 000	1 250 000	1 072 000	1 043 000
Total Investments	0	0	0	0
Cash, Bank	2 408 000	1 874 000	1 742 000	1 509 000
Total Current Assets	3 930 000	3 378 000	3 521 000	2 846 000
Total Assets	4 361 000	3 983 000	4 158 000	3 322 000
Total Equity	2 543 000	2 457 000	2 149 000	1 919 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	436 000	284 000	426 000	244 000
Unpaid Taxes	422 000	348 000	310 000	297 000
Dividends	0	0	0	0
Other Current Debt	916 000	800 000	1 207 000	839 000
Total Current Debt	1 818 000	1 526 000	2 009 000	1 403 000
Total Equity and Debt	4 361 000	3 983 000	4 158 000	3 322 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,38 %	12,54 %	10,7 %	6,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,5 %	1,85 %	1,38 %	0,74 %
Current Ratio	2,16	2,21	1,75	2,03
Quick Ratio	6,36	12,24	3,76	7,91
Equity Ratio	0,58	0,62	0,52	0,58
Gross Profit Margin	26,27 %	26,14 %	26,15 %	26,3 %