GRONG ELEKTRO AS

7870 GRONG

Finances

Return on Equity

35,31 %

Current Ratio

1,86

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 459 000	7 900 000	9 008 000	7 492 000
Net Income	722 000	196 000	269 000	−279 000
Total Assets	4 381 000	3 066 000	3 219 000	2 615 000
Total Equity	2 045 000	1 323 000	1 126 000	957 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 459 000	7 900 000	9 008 000	7 492 000
Expenditure	8 496 000	7 665 000	8 631 000	7 829 000
Operating Profit	963 000	282 000	378 000	−336 000
Financial Income	5 000	2 000	2 000	2 000
Financial Costs	38 000	31 000	31 000	21 000
Financial Balance	−33 000	−29 000	−29 000	−19 000
Earnings Before Tax	929 000	253 000	349 000	−356 000
Tax	208 000	57 000	80 000	−77 000
Net Income	722 000	196 000	269 000	−279 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 295 000	870 000	1 011 000	752 000
Total Current Assets	3 086 000	2 196 000	2 208 000	1 863 000
Total Assets	4 381 000	3 066 000	3 219 000	2 615 000
Total Retained Equity	1 945 000	1 223 000	1 026 000	857 000
Total Equity	2 045 000	1 323 000	1 126 000	957 000
Total Long-Term Debt	679 000	501 000	672 000	410 000
Total Current Debt	1 658 000	1 242 000	1 421 000	1 248 000
Total Equity and Debt	4 381 000	3 066 000	3 219 000	2 615 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 362 000	7 831 000	8 832 000	7 389 000
Other Income	97 000	69 000	176 000	103 000
Revenue	9 459 000	7 900 000	9 008 000	7 492 000
Cost of Goods Sold	3 299 000	2 430 000	2 780 000	2 282 000
Salary Costs	3 767 000	4 047 000	4 688 000	4 369 000
Depreciation	130 000	121 000	163 000	144 000
Impairment	0	0	0	0
Expenditure	8 496 000	7 665 000	8 631 000	7 829 000
Operating Profit	963 000	282 000	378 000	−336 000
Financial Income	5 000	2 000	2 000	2 000
Financial Costs	38 000	31 000	31 000	21 000
Financial Balance	−33 000	−29 000	−29 000	−19 000
Dividends	0	0	100 000	100 000
Net Income	722 000	196 000	269 000	−279 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	19 000	99 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	234 000	270 000	306 000	353 000
Fixtures	740 000	278 000	363 000	128 000
Total Tangible Assets	973 000	548 000	670 000	481 000
Total Fiancial Fixed Assets	322 000	322 000	322 000	172 000
Total Fixed Assets	1 295 000	870 000	1 011 000	752 000
Stock	356 000	428 000	380 000	376 000
Total Investments	0	0	0	0
Cash, Bank	1 898 000	908 000	1 244 000	981 000
Total Current Assets	3 086 000	2 196 000	2 208 000	1 863 000
Total Assets	4 381 000	3 066 000	3 219 000	2 615 000
Total Equity	2 045 000	1 323 000	1 126 000	957 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	679 000	501 000	672 000	410 000
Creditors	426 000	269 000	262 000	199 000
Unpaid Taxes	616 000	457 000	556 000	469 000
Dividends	0	0	100 000	100 000
Other Current Debt	424 000	487 000	503 000	480 000
Total Current Debt	1 658 000	1 242 000	1 421 000	1 248 000
Total Equity and Debt	4 381 000	3 066 000	3 219 000	2 615 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,31 %	14,81 %	23,89 %	−29,15 %
Debt-to-Equity Ratio	0,33	0,38	0,6	0,43
Operating Profit Margin	10,18 %	3,57 %	4,2 %	−4,48 %
Current Ratio	1,86	1,77	1,55	1,49
Quick Ratio	2,37	2,7	2,12	2,14
Equity Ratio	0,47	0,43	0,35	0,37
Gross Profit Margin	65,12 %	69,24 %	69,14 %	69,54 %