GRIMSTAD HÅNDVERKSENTER AS

4877 GRIMSTAD

Finances

Share Ownership

Return on Equity

17,99 %

Current Ratio

4,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 094 000	11 531 000	8 987 000	9 326 000
Net Income	784 000	848 000	345 000	333 000
Total Assets	5 567 000	4 905 000	4 290 000	3 569 000
Total Equity	4 359 000	3 576 000	3 228 000	2 882 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 094 000	11 531 000	8 987 000	9 326 000
Expenditure	10 083 000	10 450 000	8 532 000	8 896 000
Operating Profit	1 012 000	1 081 000	456 000	430 000
Financial Income	2 000	2 000	5 000	11 000
Financial Costs	1 000	0	4 000	8 000
Financial Balance	1 000	2 000	1 000	3 000
Earnings Before Tax	1 014 000	1 083 000	457 000	434 000
Tax	230 000	235 000	111 000	101 000
Net Income	784 000	848 000	345 000	333 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	100 000	89 000	134 000
Total Current Assets	5 458 000	4 805 000	4 201 000	3 435 000
Total Assets	5 567 000	4 905 000	4 290 000	3 569 000
Total Retained Equity	3 989 000	3 206 000	2 358 000	2 012 000
Total Equity	4 359 000	3 576 000	3 228 000	2 882 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 208 000	1 329 000	1 062 000	686 000
Total Equity and Debt	5 567 000	4 905 000	4 290 000	3 569 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 094 000	11 531 000	8 987 000	9 326 000
Other Income	0	0	0	0
Revenue	11 094 000	11 531 000	8 987 000	9 326 000
Cost of Goods Sold	7 358 000	7 982 000	6 195 000	6 558 000
Salary Costs	1 647 000	1 522 000	1 438 000	1 457 000
Depreciation	10 000	10 000	45 000	14 000
Impairment	0	0	0	0
Expenditure	10 083 000	10 450 000	8 532 000	8 896 000
Operating Profit	1 012 000	1 081 000	456 000	430 000
Financial Income	2 000	2 000	5 000	11 000
Financial Costs	1 000	0	4 000	8 000
Financial Balance	1 000	2 000	1 000	3 000
Dividends	0	0	0	0
Net Income	784 000	848 000	345 000	333 000

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	15 000
Fixtures	109 000	50 000	39 000	69 000
Total Tangible Assets	109 000	50 000	39 000	84 000
Total Fiancial Fixed Assets	0	50 000	50 000	50 000
Total Fixed Assets	109 000	100 000	89 000	134 000
Stock	3 561 000	2 811 000	2 664 000	2 369 000
Total Investments	0	0	0	0
Cash, Bank	1 495 000	1 576 000	1 271 000	861 000
Total Current Assets	5 458 000	4 805 000	4 201 000	3 435 000
Total Assets	5 567 000	4 905 000	4 290 000	3 569 000
Total Equity	4 359 000	3 576 000	3 228 000	2 882 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	526 000	557 000	470 000	206 000
Unpaid Taxes	158 000	227 000	138 000	145 000
Dividends	0	0	0	0
Other Current Debt	294 000	311 000	343 000	234 000
Total Current Debt	1 208 000	1 329 000	1 062 000	686 000
Total Equity and Debt	5 567 000	4 905 000	4 290 000	3 569 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,99 %	23,71 %	10,69 %	11,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,12 %	9,37 %	5,07 %	4,61 %
Current Ratio	4,52	3,62	3,96	5,01
Quick Ratio	−2,32	−3,24	−2,62	−2,04
Equity Ratio	0,78	0,73	0,75	0,81
Gross Profit Margin	33,68 %	30,78 %	31,07 %	29,68 %