GRØNNESTAD HÅRDESIGN STORGT AS

4307 SANDNES

Finances

Share Ownership

Return on Equity

34,38 %

Current Ratio

1,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 209 000	2 215 000	1 953 000	2 032 000
Net Income	55 000	−53 000	59 000	1 000
Total Assets	577 000	567 000	628 000	580 000
Total Equity	160 000	105 000	158 000	149 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 209 000	2 215 000	1 953 000	2 032 000
Expenditure	2 145 000	2 270 000	1 874 000	2 027 000
Operating Profit	64 000	−55 000	79 000	4 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	2 000	1 000
Financial Balance	1 000	0	−2 000	−1 000
Earnings Before Tax	65 000	−55 000	77 000	3 000
Tax	10 000	−2 000	18 000	3 000
Net Income	55 000	−53 000	59 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	40 000	66 000	120 000
Total Current Assets	564 000	527 000	562 000	460 000
Total Assets	577 000	567 000	628 000	580 000
Total Retained Equity	60 000	5 000	58 000	49 000
Total Equity	160 000	105 000	158 000	149 000
Total Long-Term Debt	0	0	2 000	43 000
Total Current Debt	417 000	461 000	468 000	388 000
Total Equity and Debt	577 000	567 000	628 000	580 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 209 000	2 214 000	1 927 000	2 025 000
Other Income	0	1 000	26 000	7 000
Revenue	2 209 000	2 215 000	1 953 000	2 032 000
Cost of Goods Sold	270 000	296 000	227 000	237 000
Salary Costs	1 281 000	1 436 000	1 051 000	1 147 000
Depreciation	26 000	26 000	26 000	26 000
Impairment	0	0	0	0
Expenditure	2 145 000	2 270 000	1 874 000	2 027 000
Operating Profit	64 000	−55 000	79 000	4 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	2 000	1 000
Financial Balance	1 000	0	−2 000	−1 000
Dividends	0	0	50 000	40 000
Net Income	55 000	−53 000	59 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	40 000	66 000	92 000
Total Tangible Assets	13 000	40 000	66 000	92 000
Total Fiancial Fixed Assets	0	0	0	28 000
Total Fixed Assets	13 000	40 000	66 000	120 000
Stock	271 000	237 000	235 000	204 000
Total Investments	0	0	0	0
Cash, Bank	210 000	257 000	267 000	182 000
Total Current Assets	564 000	527 000	562 000	460 000
Total Assets	577 000	567 000	628 000	580 000
Total Equity	160 000	105 000	158 000	149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	43 000
Creditors	49 000	43 000	27 000	43 000
Unpaid Taxes	103 000	141 000	112 000	129 000
Dividends	0	0	50 000	40 000
Other Current Debt	254 000	277 000	260 000	175 000
Total Current Debt	417 000	461 000	468 000	388 000
Total Equity and Debt	577 000	567 000	628 000	580 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,38 %	−50,48 %	37,34 %	0,67 %
Debt-to-Equity Ratio	0	0	0,01	0,29
Operating Profit Margin	2,9 %	−2,48 %	4,05 %	0,2 %
Current Ratio	1,35	1,14	1,2	1,19
Quick Ratio	3,86	2,35	2,41	2,5
Equity Ratio	0,28	0,19	0,25	0,26
Gross Profit Margin	87,78 %	86,64 %	88,38 %	88,34 %