GRUBESAND AS

3234 SANDEFJORD

Finances

Return on Equity

−14,58 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	986 000	843 000	925 000	782 000
Net Income	−2 024 000	1 925 000	728 000	1 387 000
Total Assets	19 210 000	22 314 000	23 625 000	21 368 000
Total Equity	13 881 000	18 806 000	18 971 000	18 742 000

Income (NOK)	2022	2021	2020	2019
Revenue	986 000	843 000	925 000	782 000
Expenditure	1 180 000	1 010 000	993 000	910 000
Operating Profit	−195 000	−168 000	−68 000	−128 000
Financial Income	237 000	4 658 000	1 765 000	2 576 000
Financial Costs	2 067 000	2 565 000	968 000	1 061 000
Financial Balance	−1 830 000	2 093 000	797 000	1 515 000
Earnings Before Tax	−2 024 000	1 925 000	728 000	1 387 000
Tax	0	0	0	0
Net Income	−2 024 000	1 925 000	728 000	1 387 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 944 000	10 644 000	12 831 000	11 907 000
Total Current Assets	9 266 000	11 670 000	10 795 000	9 461 000
Total Assets	19 210 000	22 314 000	23 625 000	21 368 000
Total Retained Equity	5 683 000	10 608 000	10 513 000	9 784 000
Total Equity	13 881 000	18 806 000	18 971 000	18 742 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 329 000	3 508 000	4 655 000	2 626 000
Total Equity and Debt	19 210 000	22 314 000	23 625 000	21 368 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	986 000	843 000	925 000	782 000
Other Income	0	0	0	0
Revenue	986 000	843 000	925 000	782 000
Cost of Goods Sold	0	0	0	0
Salary Costs	730 000	711 000	697 000	642 000
Depreciation	74 000	74 000	22 000	4 000
Impairment	0	0	0	0
Expenditure	1 180 000	1 010 000	993 000	910 000
Operating Profit	−195 000	−168 000	−68 000	−128 000
Financial Income	237 000	4 658 000	1 765 000	2 576 000
Financial Costs	2 067 000	2 565 000	968 000	1 061 000
Financial Balance	−1 830 000	2 093 000	797 000	1 515 000
Dividends	1 500 000	1 830 000	0	0
Net Income	−2 024 000	1 925 000	728 000	1 387 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 000	10 000	14 000	19 000
Fixtures	541 000	611 000	681 000	0
Total Tangible Assets	547 000	621 000	695 000	19 000
Total Fiancial Fixed Assets	9 397 000	10 023 000	12 136 000	11 888 000
Total Fixed Assets	9 944 000	10 644 000	12 831 000	11 907 000
Stock	0	0	0	0
Total Investments	8 155 000	8 851 000	9 029 000	9 095 000
Cash, Bank	1 011 000	2 698 000	1 677 000	270 000
Total Current Assets	9 266 000	11 670 000	10 795 000	9 461 000
Total Assets	19 210 000	22 314 000	23 625 000	21 368 000
Total Equity	13 881 000	18 806 000	18 971 000	18 742 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	12 000	19 000	6 000	7 000
Unpaid Taxes	114 000	93 000	88 000	53 000
Dividends	1 500 000	1 830 000	0	0
Other Current Debt	468 000	87 000	842 000	203 000
Total Current Debt	5 329 000	3 508 000	4 655 000	2 626 000
Total Equity and Debt	19 210 000	22 314 000	23 625 000	21 368 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,58 %	10,24 %	3,84 %	7,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−19,78 %	−19,93 %	−7,35 %	−16,37 %
Current Ratio	1,74	3,33	2,32	3,6
Quick Ratio	1,74	3,33	2,32	3,6
Equity Ratio	0,72	0,84	0,8	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %