GRIDSVÅG BÅT MOTOR AS

6698 LESUND

Finances

Share Ownership

Return on Equity

2,42 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 035 000	44 375 000	44 292 000	30 733 000
Net Income	109 000	774 000	202 000	209 000
Total Assets	24 497 000	17 926 000	18 115 000	21 640 000
Total Equity	4 513 000	4 404 000	3 630 000	3 428 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 035 000	44 375 000	44 292 000	30 733 000
Expenditure	26 613 000	43 158 000	43 704 000	30 040 000
Operating Profit	423 000	1 216 000	588 000	694 000
Financial Income	27 000	15 000	7 000	31 000
Financial Costs	284 000	228 000	319 000	462 000
Financial Balance	−257 000	−213 000	−312 000	−431 000
Earnings Before Tax	166 000	1 003 000	275 000	263 000
Tax	57 000	229 000	73 000	54 000
Net Income	109 000	774 000	202 000	209 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 157 000	1 467 000	1 132 000	800 000
Total Current Assets	23 341 000	16 459 000	16 983 000	20 840 000
Total Assets	24 497 000	17 926 000	18 115 000	21 640 000
Total Retained Equity	4 411 000	4 302 000	3 529 000	3 326 000
Total Equity	4 513 000	4 404 000	3 630 000	3 428 000
Total Long-Term Debt	1 033 000	0	0	0
Total Current Debt	18 951 000	13 522 000	14 485 000	18 212 000
Total Equity and Debt	24 497 000	17 926 000	18 115 000	21 640 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 934 000	44 321 000	44 189 000	30 726 000
Other Income	102 000	55 000	103 000	7 000
Revenue	27 035 000	44 375 000	44 292 000	30 733 000
Cost of Goods Sold	17 723 000	35 030 000	35 771 000	22 810 000
Salary Costs	5 262 000	4 349 000	4 912 000	4 316 000
Depreciation	255 000	206 000	197 000	151 000
Impairment	0	0	0	0
Expenditure	26 613 000	43 158 000	43 704 000	30 040 000
Operating Profit	423 000	1 216 000	588 000	694 000
Financial Income	27 000	15 000	7 000	31 000
Financial Costs	284 000	228 000	319 000	462 000
Financial Balance	−257 000	−213 000	−312 000	−431 000
Dividends	0	0	0	0
Net Income	109 000	774 000	202 000	209 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	6 000
Real Eastate	379 000	418 000	309 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	777 000	896 000	822 000	794 000
Total Tangible Assets	1 157 000	1 314 000	1 132 000	794 000
Total Fiancial Fixed Assets	0	153 000	0	0
Total Fixed Assets	1 157 000	1 467 000	1 132 000	800 000
Stock	21 717 000	14 597 000	14 993 000	18 341 000
Total Investments	0	0	0	0
Cash, Bank	383 000	320 000	170 000	180 000
Total Current Assets	23 341 000	16 459 000	16 983 000	20 840 000
Total Assets	24 497 000	17 926 000	18 115 000	21 640 000
Total Equity	4 513 000	4 404 000	3 630 000	3 428 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 033 000	0	0	0
Creditors	12 355 000	6 848 000	8 373 000	9 551 000
Unpaid Taxes	742 000	442 000	247 000	779 000
Dividends	0	0	0	0
Other Current Debt	556 000	472 000	587 000	448 000
Total Current Debt	18 951 000	13 522 000	14 485 000	18 212 000
Total Equity and Debt	24 497 000	17 926 000	18 115 000	21 640 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,42 %	17,57 %	5,56 %	6,1 %
Debt-to-Equity Ratio	0,23	0	0	0
Operating Profit Margin	1,56 %	2,74 %	1,33 %	2,26 %
Current Ratio	1,23	1,22	1,17	1,14
Quick Ratio	−8,44	−15,31	−33,43	−161,55
Equity Ratio	0,18	0,25	0,2	0,16
Gross Profit Margin	34,44 %	21,06 %	19,24 %	25,78 %