GRIMSTAD VEKSTHUS AS

4885 GRIMSTAD

Finances

Share Ownership

Return on Equity

24,83 %

Current Ratio

0,65

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	480 000	494 000	542 000	547 000
Net Income	188 000	138 000	99 000	106 000
Total Assets	1 352 000	1 491 000	1 776 000	1 912 000
Total Equity	757 000	770 000	732 000	833 000

Income (NOK)	2022	2021	2020	2019
Revenue	480 000	494 000	542 000	547 000
Expenditure	234 000	299 000	390 000	390 000
Operating Profit	247 000	195 000	153 000	157 000
Financial Income	9 000	0	0	1 000
Financial Costs	15 000	18 000	26 000	22 000
Financial Balance	−6 000	−18 000	−26 000	−21 000
Earnings Before Tax	241 000	177 000	127 000	136 000
Tax	53 000	39 000	28 000	30 000
Net Income	188 000	138 000	99 000	106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 159 000	1 272 000	1 411 000	1 585 000
Total Current Assets	192 000	219 000	365 000	326 000
Total Assets	1 352 000	1 491 000	1 776 000	1 912 000
Total Retained Equity	607 000	620 000	582 000	683 000
Total Equity	757 000	770 000	732 000	833 000
Total Long-Term Debt	300 000	500 000	700 000	900 000
Total Current Debt	294 000	221 000	344 000	178 000
Total Equity and Debt	1 352 000	1 491 000	1 776 000	1 912 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	480 000	494 000	542 000	547 000
Other Income	0	0	0	0
Revenue	480 000	494 000	542 000	547 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	129 000	160 000	204 000	229 000
Impairment	0	0	0	0
Expenditure	234 000	299 000	390 000	390 000
Operating Profit	247 000	195 000	153 000	157 000
Financial Income	9 000	0	0	1 000
Financial Costs	15 000	18 000	26 000	22 000
Financial Balance	−6 000	−18 000	−26 000	−21 000
Dividends	200 000	0	0	0
Net Income	188 000	138 000	99 000	106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	133 000	117 000	96 000	66 000
Real Eastate	1 026 000	1 155 000	1 304 000	1 453 000
Machinery and Plant Facilities	0	0	11 000	66 000
Fixtures	0	0	0	0
Total Tangible Assets	1 026 000	1 155 000	1 315 000	1 519 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 159 000	1 272 000	1 411 000	1 585 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	192 000	219 000	307 000	230 000
Total Current Assets	192 000	219 000	365 000	326 000
Total Assets	1 352 000	1 491 000	1 776 000	1 912 000
Total Equity	757 000	770 000	732 000	833 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	300 000	500 000	700 000	900 000
Creditors	0	43 000	0	2 000
Unpaid Taxes	115 000	108 000	117 000	113 000
Dividends	200 000	0	0	0
Other Current Debt	10 000	10 000	170 000	0
Total Current Debt	294 000	221 000	344 000	178 000
Total Equity and Debt	1 352 000	1 491 000	1 776 000	1 912 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,83 %	17,92 %	13,52 %	12,73 %
Debt-to-Equity Ratio	0,4	0,65	0,96	1,08
Operating Profit Margin	51,46 %	39,47 %	28,23 %	28,7 %
Current Ratio	0,65	0,99	1,06	1,83
Quick Ratio	0,65	0,99	1,06	1,83
Equity Ratio	0,56	0,52	0,41	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %