GRIMSTAD GLASS AS

4878 GRIMSTAD

Finances

Share Ownership

Return on Equity

5,25 %

Current Ratio

16,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 395 000	1 707 000	1 752 000	1 897 000
Net Income	146 000	155 000	139 000	59 000
Total Assets	2 960 000	2 825 000	2 652 000	2 512 000
Total Equity	2 783 000	2 637 000	2 482 000	2 344 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 395 000	1 707 000	1 752 000	1 897 000
Expenditure	1 217 000	1 507 000	1 577 000	1 830 000
Operating Profit	179 000	199 000	176 000	67 000
Financial Income	11 000	1 000	4 000	10 000
Financial Costs	2 000	2 000	2 000	3 000
Financial Balance	9 000	−1 000	2 000	7 000
Earnings Before Tax	188 000	198 000	177 000	74 000
Tax	41 000	44 000	39 000	15 000
Net Income	146 000	155 000	139 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	116 000	151 000	187 000
Total Current Assets	2 879 000	2 709 000	2 501 000	2 325 000
Total Assets	2 960 000	2 825 000	2 652 000	2 512 000
Total Retained Equity	2 681 000	2 535 000	2 380 000	2 242 000
Total Equity	2 783 000	2 637 000	2 482 000	2 344 000
Total Long-Term Debt	4 000	1 000	3 000	0
Total Current Debt	173 000	187 000	168 000	168 000
Total Equity and Debt	2 960 000	2 825 000	2 652 000	2 512 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 395 000	1 707 000	1 752 000	1 897 000
Other Income	0	0	0	0
Revenue	1 395 000	1 707 000	1 752 000	1 897 000
Cost of Goods Sold	63 000	280 000	540 000	518 000
Salary Costs	866 000	902 000	715 000	969 000
Depreciation	36 000	36 000	36 000	36 000
Impairment	0	0	0	0
Expenditure	1 217 000	1 507 000	1 577 000	1 830 000
Operating Profit	179 000	199 000	176 000	67 000
Financial Income	11 000	1 000	4 000	10 000
Financial Costs	2 000	2 000	2 000	3 000
Financial Balance	9 000	−1 000	2 000	7 000
Dividends	0	0	0	0
Net Income	146 000	155 000	139 000	59 000

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	80 000	116 000	151 000	187 000
Total Tangible Assets	80 000	116 000	151 000	187 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	80 000	116 000	151 000	187 000
Stock	580 000	466 000	411 000	400 000
Total Investments	0	0	0	0
Cash, Bank	2 248 000	2 201 000	2 013 000	1 873 000
Total Current Assets	2 879 000	2 709 000	2 501 000	2 325 000
Total Assets	2 960 000	2 825 000	2 652 000	2 512 000
Total Equity	2 783 000	2 637 000	2 482 000	2 344 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	1 000	3 000	0
Creditors	37 000	14 000	18 000	14 000
Unpaid Taxes	19 000	44 000	48 000	44 000
Dividends	0	0	0	0
Other Current Debt	79 000	84 000	66 000	95 000
Total Current Debt	173 000	187 000	168 000	168 000
Total Equity and Debt	2 960 000	2 825 000	2 652 000	2 512 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,25 %	5,88 %	5,6 %	2,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,83 %	11,66 %	10,05 %	3,53 %
Current Ratio	16,64	14,49	14,89	13,84
Quick Ratio	−7,07	−9,71	−10,29	−10,02
Equity Ratio	0,94	0,93	0,94	0,93
Gross Profit Margin	95,48 %	83,6 %	69,18 %	72,69 %