GRENLAND TRUCKSERVICE AS

3940 PORSGRUNN

Finances

Share Ownership

Return on Equity

19,59 %

Current Ratio

4,93

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 234 000	16 587 000	19 115 000	13 911 000
Net Income	4 701 000	3 028 000	4 908 000	3 155 000
Total Assets	28 784 000	23 245 000	20 164 000	14 494 000
Total Equity	24 003 000	19 602 000	17 074 000	12 166 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 234 000	16 587 000	19 115 000	13 911 000
Expenditure	14 275 000	12 780 000	12 845 000	9 902 000
Operating Profit	5 958 000	3 808 000	6 271 000	4 008 000
Financial Income	82 000	77 000	29 000	41 000
Financial Costs	9 000	3 000	6 000	5 000
Financial Balance	73 000	74 000	23 000	36 000
Earnings Before Tax	6 031 000	3 882 000	6 293 000	4 044 000
Tax	1 330 000	854 000	1 385 000	890 000
Net Income	4 701 000	3 028 000	4 908 000	3 155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 015 000	8 562 000	7 778 000	4 657 000
Total Current Assets	18 769 000	14 683 000	12 386 000	9 837 000
Total Assets	28 784 000	23 245 000	20 164 000	14 494 000
Total Retained Equity	23 803 000	19 402 000	16 874 000	11 966 000
Total Equity	24 003 000	19 602 000	17 074 000	12 166 000
Total Long-Term Debt	973 000	765 000	715 000	189 000
Total Current Debt	3 809 000	2 878 000	2 375 000	2 139 000
Total Equity and Debt	28 784 000	23 245 000	20 164 000	14 494 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 030 000	15 703 000	16 438 000	13 532 000
Other Income	1 204 000	884 000	2 677 000	379 000
Revenue	20 234 000	16 587 000	19 115 000	13 911 000
Cost of Goods Sold	384 000	153 000	1 955 000	487 000
Salary Costs	3 303 000	2 666 000	2 315 000	2 113 000
Depreciation	1 274 000	988 000	764 000	696 000
Impairment	0	0	0	0
Expenditure	14 275 000	12 780 000	12 845 000	9 902 000
Operating Profit	5 958 000	3 808 000	6 271 000	4 008 000
Financial Income	82 000	77 000	29 000	41 000
Financial Costs	9 000	3 000	6 000	5 000
Financial Balance	73 000	74 000	23 000	36 000
Dividends	300 000	500 000	0	200 000
Net Income	4 701 000	3 028 000	4 908 000	3 155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	4 000
Machinery and Plant Facilities	8 192 000	6 051 000	4 588 000	2 931 000
Fixtures	299 000	243 000	159 000	174 000
Total Tangible Assets	8 491 000	6 294 000	4 746 000	3 108 000
Total Fiancial Fixed Assets	1 524 000	2 268 000	3 032 000	1 548 000
Total Fixed Assets	10 015 000	8 562 000	7 778 000	4 657 000
Stock	500 000	400 000	360 000	380 000
Total Investments	0	0	0	0
Cash, Bank	13 604 000	10 572 000	8 490 000	5 996 000
Total Current Assets	18 769 000	14 683 000	12 386 000	9 837 000
Total Assets	28 784 000	23 245 000	20 164 000	14 494 000
Total Equity	24 003 000	19 602 000	17 074 000	12 166 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	973 000	765 000	715 000	189 000
Creditors	1 339 000	1 028 000	823 000	147 000
Unpaid Taxes	1 003 000	288 000	359 000	494 000
Dividends	300 000	500 000	0	200 000
Other Current Debt	345 000	758 000	334 000	666 000
Total Current Debt	3 809 000	2 878 000	2 375 000	2 139 000
Total Equity and Debt	28 784 000	23 245 000	20 164 000	14 494 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,59 %	15,45 %	28,75 %	25,93 %
Debt-to-Equity Ratio	0,04	0,04	0,04	0,02
Operating Profit Margin	29,45 %	22,96 %	32,81 %	28,81 %
Current Ratio	4,93	5,1	5,22	4,6
Quick Ratio	5,67	5,93	6,15	5,59
Equity Ratio	0,83	0,84	0,85	0,84
Gross Profit Margin	98,1 %	99,08 %	89,77 %	96,5 %