CARL GRÜNERT MASKINFORRETNING AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

44,56 %

Current Ratio

2,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 396 000	10 849 000	10 766 000	13 994 000
Net Income	5 100 000	2 923 000	3 036 000	5 115 000
Total Assets	17 737 000	16 799 000	15 590 000	15 670 000
Total Equity	11 445 000	7 822 000	10 899 000	9 463 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 396 000	10 849 000	10 766 000	13 994 000
Expenditure	8 019 000	6 912 000	6 785 000	7 505 000
Operating Profit	6 377 000	3 936 000	3 982 000	6 488 000
Financial Income	292 000	27 000	241 000	104 000
Financial Costs	127 000	214 000	326 000	31 000
Financial Balance	165 000	−187 000	−85 000	73 000
Earnings Before Tax	6 542 000	3 749 000	3 897 000	6 562 000
Tax	1 442 000	826 000	861 000	1 447 000
Net Income	5 100 000	2 923 000	3 036 000	5 115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	717 000	841 000	500 000	770 000
Total Current Assets	17 020 000	15 957 000	15 090 000	14 901 000
Total Assets	17 737 000	16 799 000	15 590 000	15 670 000
Total Retained Equity	10 963 000	7 362 000	10 439 000	9 003 000
Total Equity	11 445 000	7 822 000	10 899 000	9 463 000
Total Long-Term Debt	16 000	73 000	130 000	0
Total Current Debt	6 276 000	8 904 000	4 560 000	6 207 000
Total Equity and Debt	17 737 000	16 799 000	15 590 000	15 670 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 396 000	10 625 000	10 766 000	13 994 000
Other Income	0	224 000	0	0
Revenue	14 396 000	10 849 000	10 766 000	13 994 000
Cost of Goods Sold	2 690 000	2 371 000	2 295 000	1 864 000
Salary Costs	4 043 000	3 284 000	3 089 000	3 816 000
Depreciation	124 000	187 000	181 000	185 000
Impairment	0	0	0	0
Expenditure	8 019 000	6 912 000	6 785 000	7 505 000
Operating Profit	6 377 000	3 936 000	3 982 000	6 488 000
Financial Income	292 000	27 000	241 000	104 000
Financial Costs	127 000	214 000	326 000	31 000
Financial Balance	165 000	−187 000	−85 000	73 000
Dividends	1 500 000	0	0	0
Net Income	5 100 000	2 923 000	3 036 000	5 115 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	88 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	717 000	841 000	500 000	681 000
Total Tangible Assets	717 000	841 000	500 000	681 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	717 000	841 000	500 000	770 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 349 000	13 327 000	8 814 000	8 222 000
Total Current Assets	17 020 000	15 957 000	15 090 000	14 901 000
Total Assets	17 737 000	16 799 000	15 590 000	15 670 000
Total Equity	11 445 000	7 822 000	10 899 000	9 463 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 000	73 000	130 000	0
Creditors	230 000	48 000	197 000	854 000
Unpaid Taxes	1 019 000	581 000	702 000	455 000
Dividends	1 500 000	0	0	0
Other Current Debt	2 028 000	1 775 000	3 019 000	3 519 000
Total Current Debt	6 276 000	8 904 000	4 560 000	6 207 000
Total Equity and Debt	17 737 000	16 799 000	15 590 000	15 670 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,56 %	37,37 %	27,86 %	54,05 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	44,3 %	36,28 %	36,99 %	46,36 %
Current Ratio	2,71	1,79	3,31	2,4
Quick Ratio	2,71	1,79	3,31	2,4
Equity Ratio	0,65	0,47	0,7	0,6
Gross Profit Margin	81,31 %	78,15 %	78,68 %	86,68 %