GRØNLI OG PAIXAO DESIGN OG MØBLER AS

2010 STRØMMEN

Finances

Share Ownership

Return on Equity

83,8 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 908 000	6 780 000	7 172 000	7 069 000
Net Income	569 000	740 000	860 000	717 000
Total Assets	3 153 000	3 863 000	3 651 000	2 481 000
Total Equity	679 000	1 390 000	1 850 000	1 490 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 908 000	6 780 000	7 172 000	7 069 000
Expenditure	6 181 000	6 044 000	6 071 000	6 154 000
Operating Profit	727 000	948 000	1 101 000	916 000
Financial Income	9 000	10 000	10 000	11 000
Financial Costs	4 000	9 000	5 000	5 000
Financial Balance	5 000	1 000	5 000	6 000
Earnings Before Tax	733 000	949 000	1 106 000	922 000
Tax	164 000	210 000	246 000	204 000
Net Income	569 000	740 000	860 000	717 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 000	98 000	121 000	152 000
Total Current Assets	3 081 000	3 765 000	3 531 000	2 329 000
Total Assets	3 153 000	3 863 000	3 651 000	2 481 000
Total Retained Equity	579 000	1 290 000	1 750 000	1 390 000
Total Equity	679 000	1 390 000	1 850 000	1 490 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 474 000	2 473 000	1 801 000	991 000
Total Equity and Debt	3 153 000	3 863 000	3 651 000	2 481 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 908 000	6 780 000	7 051 000	6 529 000
Other Income	0	0	121 000	540 000
Revenue	6 908 000	6 780 000	7 172 000	7 069 000
Cost of Goods Sold	2 488 000	2 040 000	2 091 000	1 896 000
Salary Costs	2 433 000	2 873 000	2 843 000	3 143 000
Depreciation	27 000	22 000	20 000	25 000
Impairment	0	0	0	0
Expenditure	6 181 000	6 044 000	6 071 000	6 154 000
Operating Profit	727 000	948 000	1 101 000	916 000
Financial Income	9 000	10 000	10 000	11 000
Financial Costs	4 000	9 000	5 000	5 000
Financial Balance	5 000	1 000	5 000	6 000
Dividends	0	1 200 000	0	0
Net Income	569 000	740 000	860 000	717 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	5 000	12 000	11 000
Real Eastate	0	42 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	19 000	62 000	82 000
Total Tangible Assets	34 000	61 000	62 000	82 000
Total Fiancial Fixed Assets	24 000	32 000	46 000	58 000
Total Fixed Assets	72 000	98 000	121 000	152 000
Stock	1 112 000	1 404 000	1 190 000	937 000
Total Investments	0	0	0	0
Cash, Bank	1 293 000	1 305 000	1 830 000	1 212 000
Total Current Assets	3 081 000	3 765 000	3 531 000	2 329 000
Total Assets	3 153 000	3 863 000	3 651 000	2 481 000
Total Equity	679 000	1 390 000	1 850 000	1 490 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	302 000	288 000	777 000	120 000
Unpaid Taxes	479 000	503 000	488 000	362 000
Dividends	0	1 200 000	0	0
Other Current Debt	241 000	1 479 000	290 000	303 000
Total Current Debt	2 474 000	2 473 000	1 801 000	991 000
Total Equity and Debt	3 153 000	3 863 000	3 651 000	2 481 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,8 %	53,24 %	46,49 %	48,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,52 %	13,98 %	15,35 %	12,96 %
Current Ratio	1,25	1,52	1,96	2,35
Quick Ratio	2,26	3,52	5,78	43,13
Equity Ratio	0,22	0,36	0,51	0,6
Gross Profit Margin	63,98 %	69,91 %	70,84 %	73,18 %