GRAN SEIL AS

1360 FORNEBU

Finances

Share Ownership

Return on Equity

2,66 %

Current Ratio

2,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 550 000	15 747 000	18 343 000	12 462 000
Net Income	123 000	1 241 000	1 881 000	181 000
Total Assets	7 764 000	8 747 000	7 426 000	4 016 000
Total Equity	4 623 000	4 501 000	3 259 000	1 378 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 550 000	15 747 000	18 343 000	12 462 000
Expenditure	13 298 000	14 129 000	15 913 000	12 164 000
Operating Profit	252 000	1 619 000	2 431 000	298 000
Financial Income	42 000	56 000	124 000	28 000
Financial Costs	131 000	80 000	138 000	92 000
Financial Balance	−89 000	−24 000	−14 000	−64 000
Earnings Before Tax	163 000	1 595 000	2 417 000	234 000
Tax	40 000	354 000	536 000	53 000
Net Income	123 000	1 241 000	1 881 000	181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	358 000	435 000	423 000	183 000
Total Current Assets	7 406 000	8 312 000	7 003 000	3 833 000
Total Assets	7 764 000	8 747 000	7 426 000	4 016 000
Total Retained Equity	4 523 000	4 401 000	3 159 000	1 278 000
Total Equity	4 623 000	4 501 000	3 259 000	1 378 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 140 000	4 246 000	4 167 000	2 639 000
Total Equity and Debt	7 764 000	8 747 000	7 426 000	4 016 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 550 000	15 747 000	18 917 000	12 261 000
Other Income	0	0	−574 000	201 000
Revenue	13 550 000	15 747 000	18 343 000	12 462 000
Cost of Goods Sold	6 148 000	6 606 000	8 011 000	6 455 000
Salary Costs	5 424 000	5 617 000	6 115 000	3 958 000
Depreciation	101 000	96 000	65 000	49 000
Impairment	0	0	0	0
Expenditure	13 298 000	14 129 000	15 913 000	12 164 000
Operating Profit	252 000	1 619 000	2 431 000	298 000
Financial Income	42 000	56 000	124 000	28 000
Financial Costs	131 000	80 000	138 000	92 000
Financial Balance	−89 000	−24 000	−14 000	−64 000
Dividends	0	0	0	0
Net Income	123 000	1 241 000	1 881 000	181 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	118 000	118 000	87 000	99 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	59 000	139 000	0	0
Fixtures	22 000	0	138 000	84 000
Total Tangible Assets	240 000	317 000	337 000	84 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	358 000	435 000	423 000	183 000
Stock	2 412 000	2 068 000	1 775 000	1 426 000
Total Investments	2 500 000	1 000 000	1 000 000	0
Cash, Bank	2 066 000	4 588 000	3 784 000	1 671 000
Total Current Assets	7 406 000	8 312 000	7 003 000	3 833 000
Total Assets	7 764 000	8 747 000	7 426 000	4 016 000
Total Equity	4 623 000	4 501 000	3 259 000	1 378 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	257 000	506 000	640 000	323 000
Unpaid Taxes	639 000	732 000	458 000	529 000
Dividends	0	0	0	0
Other Current Debt	2 203 000	2 624 000	2 546 000	1 651 000
Total Current Debt	3 140 000	4 246 000	4 167 000	2 639 000
Total Equity and Debt	7 764 000	8 747 000	7 426 000	4 016 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,66 %	27,57 %	57,72 %	13,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,86 %	10,28 %	13,25 %	2,39 %
Current Ratio	2,36	1,96	1,68	1,45
Quick Ratio	10,17	3,82	2,93	3,16
Equity Ratio	0,6	0,51	0,44	0,34
Gross Profit Margin	54,63 %	58,05 %	56,33 %	48,2 %