GRUNDIG RENHOLD AS

4017 STAVANGER

Finances

Share Ownership

Return on Equity

11,11 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 475 000	19 262 000	19 322 000	18 152 000
Net Income	226 000	−200 000	673 000	−27 000
Total Assets	7 726 000	7 348 000	7 683 000	6 972 000
Total Equity	2 034 000	2 009 000	2 208 000	1 835 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 475 000	19 262 000	19 322 000	18 152 000
Expenditure	20 265 000	19 469 000	18 659 000	18 193 000
Operating Profit	210 000	−207 000	663 000	−40 000
Financial Income	16 000	8 000	12 000	17 000
Financial Costs	0	0	2 000	4 000
Financial Balance	16 000	8 000	10 000	13 000
Earnings Before Tax	226 000	−200 000	673 000	−27 000
Tax	0	0	0	0
Net Income	226 000	−200 000	673 000	−27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	150 000	76 000	73 000	57 000
Total Current Assets	7 577 000	7 272 000	7 611 000	6 915 000
Total Assets	7 726 000	7 348 000	7 683 000	6 972 000
Total Retained Equity	1 934 000	1 909 000	2 108 000	1 735 000
Total Equity	2 034 000	2 009 000	2 208 000	1 835 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 692 000	5 339 000	5 475 000	5 137 000
Total Equity and Debt	7 726 000	7 348 000	7 683 000	6 972 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 474 000	19 262 000	19 321 000	18 152 000
Other Income	1 000	0	0	0
Revenue	20 475 000	19 262 000	19 322 000	18 152 000
Cost of Goods Sold	832 000	634 000	833 000	1 067 000
Salary Costs	17 609 000	17 096 000	16 147 000	15 478 000
Depreciation	44 000	19 000	17 000	29 000
Impairment	0	0	0	0
Expenditure	20 265 000	19 469 000	18 659 000	18 193 000
Operating Profit	210 000	−207 000	663 000	−40 000
Financial Income	16 000	8 000	12 000	17 000
Financial Costs	0	0	2 000	4 000
Financial Balance	16 000	8 000	10 000	13 000
Dividends	200 000	0	300 000	0
Net Income	226 000	−200 000	673 000	−27 000

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	150 000	76 000	73 000	57 000
Total Tangible Assets	150 000	76 000	73 000	57 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	150 000	76 000	73 000	57 000
Stock	73 000	96 000	32 000	35 000
Total Investments	0	0	0	0
Cash, Bank	4 880 000	4 854 000	5 412 000	3 154 000
Total Current Assets	7 577 000	7 272 000	7 611 000	6 915 000
Total Assets	7 726 000	7 348 000	7 683 000	6 972 000
Total Equity	2 034 000	2 009 000	2 208 000	1 835 000
Short-Term Group Debt	44 000	55 000	67 000	166 000
Total Long-Term Debt	0	0	0	0
Creditors	195 000	215 000	298 000	263 000
Unpaid Taxes	1 913 000	1 848 000	1 729 000	1 761 000
Dividends	200 000	0	300 000	0
Other Current Debt	3 540 000	3 221 000	3 080 000	2 947 000
Total Current Debt	5 692 000	5 339 000	5 475 000	5 137 000
Total Equity and Debt	7 726 000	7 348 000	7 683 000	6 972 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,11 %	−9,96 %	30,48 %	−1,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,03 %	−1,07 %	3,43 %	−0,22 %
Current Ratio	1,33	1,36	1,39	1,35
Quick Ratio	1,35	1,39	1,4	1,36
Equity Ratio	0,26	0,27	0,29	0,26
Gross Profit Margin	95,94 %	96,71 %	95,69 %	94,12 %