GRENSEN SKO HOLDING AS

0159 OSLO

Finances

Return on Equity

26,17 %

Current Ratio

4,72

Debt-to-Equity Ratio

1,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	137 758 000	118 906 000	108 592 000	139 437 000
Net Income	9 417 000	10 326 000	−3 355 000	4 580 000
Total Assets	103 465 000	105 537 000	89 829 000	99 943 000
Total Equity	35 987 000	26 570 000	16 244 000	19 599 000

Income (NOK)	2022	2021	2020	2019
Revenue	137 758 000	118 906 000	108 592 000	139 437 000
Expenditure	123 643 000	103 321 000	110 421 000	131 448 000
Operating Profit	14 115 000	15 584 000	−1 828 000	7 989 000
Financial Income	690 000	505 000	265 000	696 000
Financial Costs	2 794 000	2 913 000	2 731 000	2 891 000
Financial Balance	−2 104 000	−2 408 000	−2 466 000	−2 195 000
Earnings Before Tax	12 012 000	13 177 000	−4 294 000	5 794 000
Tax	2 595 000	2 851 000	−940 000	1 214 000
Net Income	9 417 000	10 326 000	−3 355 000	4 580 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 049 000	19 005 000	20 701 000	19 908 000
Total Current Assets	89 417 000	86 532 000	69 127 000	80 035 000
Total Assets	103 465 000	105 537 000	89 829 000	99 943 000
Total Retained Equity	23 987 000	14 570 000	4 244 000	7 599 000
Total Equity	35 987 000	26 570 000	16 244 000	19 599 000
Total Long-Term Debt	48 540 000	59 540 000	59 895 000	57 591 000
Total Current Debt	18 938 000	19 427 000	13 689 000	22 752 000
Total Equity and Debt	103 465 000	105 537 000	89 829 000	99 943 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	137 758 000	112 784 000	105 786 000	139 437 000
Other Income	0	6 122 000	2 806 000	0
Revenue	137 758 000	118 906 000	108 592 000	139 437 000
Cost of Goods Sold	64 442 000	54 872 000	57 266 000	70 011 000
Salary Costs	23 526 000	18 824 000	21 344 000	28 246 000
Depreciation	426 000	440 000	699 000	1 118 000
Impairment	35 249 000	0	0	0
Expenditure	123 643 000	103 321 000	110 421 000	131 448 000
Operating Profit	14 115 000	15 584 000	−1 828 000	7 989 000
Financial Income	690 000	505 000	265 000	696 000
Financial Costs	2 794 000	2 913 000	2 731 000	2 891 000
Financial Balance	−2 104 000	−2 408 000	−2 466 000	−2 195 000
Dividends	0	0	0	0
Net Income	9 417 000	10 326 000	−3 355 000	4 580 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 078 000	1 290 000	1 680 000	1 521 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	373 000	798 000	1 179 000	1 520 000
Total Tangible Assets	373 000	798 000	1 179 000	1 520 000
Total Fiancial Fixed Assets	12 598 000	16 917 000	17 843 000	16 867 000
Total Fixed Assets	14 049 000	19 005 000	20 701 000	19 908 000
Stock	49 949 000	46 600 000	50 452 000	54 953 000
Total Investments	0	0	0	0
Cash, Bank	38 296 000	37 858 000	15 672 000	23 433 000
Total Current Assets	89 417 000	86 532 000	69 127 000	80 035 000
Total Assets	103 465 000	105 537 000	89 829 000	99 943 000
Total Equity	35 987 000	26 570 000	16 244 000	19 599 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	48 540 000	59 540 000	59 895 000	57 591 000
Creditors	4 832 000	6 150 000	5 495 000	7 813 000
Unpaid Taxes	7 337 000	7 643 000	4 756 000	8 274 000
Dividends	0	0	0	0
Other Current Debt	4 387 000	3 172 000	3 438 000	5 368 000
Total Current Debt	18 938 000	19 427 000	13 689 000	22 752 000
Total Equity and Debt	103 465 000	105 537 000	89 829 000	99 943 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,17 %	38,86 %	−20,65 %	23,37 %
Debt-to-Equity Ratio	1,35	2,24	3,69	2,94
Operating Profit Margin	10,25 %	13,11 %	−1,68 %	5,73 %
Current Ratio	4,72	4,45	5,05	3,52
Quick Ratio	−2,88	−3,18	−1,88	−2,49
Equity Ratio	0,35	0,25	0,18	0,2
Gross Profit Margin	53,22 %	53,85 %	47,26 %	49,79 %