GRIMM MARITIME AS

0161 OSLO

Finances

Return on Equity

99,16 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 229 000	11 554 000	9 943 000	7 876 000
Net Income	5 099 000	5 509 000	5 500 000	4 214 000
Total Assets	20 165 000	7 841 000	7 540 000	8 075 000
Total Equity	5 142 000	5 553 000	5 543 000	6 574 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 229 000	11 554 000	9 943 000	7 876 000
Expenditure	7 871 000	4 738 000	3 082 000	2 469 000
Operating Profit	6 357 000	6 816 000	6 860 000	5 407 000
Financial Income	673 000	372 000	336 000	93 000
Financial Costs	421 000	141 000	130 000	72 000
Financial Balance	252 000	231 000	206 000	21 000
Earnings Before Tax	6 609 000	7 047 000	7 066 000	5 427 000
Tax	1 510 000	1 538 000	1 566 000	1 213 000
Net Income	5 099 000	5 509 000	5 500 000	4 214 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 969 000	4 994 000	1 898 000	1 287 000
Total Current Assets	15 196 000	2 847 000	5 642 000	6 787 000
Total Assets	20 165 000	7 841 000	7 540 000	8 075 000
Total Retained Equity	5 099 000	5 510 000	5 500 000	6 531 000
Total Equity	5 142 000	5 553 000	5 543 000	6 574 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 023 000	2 289 000	1 996 000	1 501 000
Total Equity and Debt	20 165 000	7 841 000	7 540 000	8 075 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 229 000	11 554 000	9 943 000	7 876 000
Other Income	0	0	0	0
Revenue	14 229 000	11 554 000	9 943 000	7 876 000
Cost of Goods Sold	0	0	0	16 000
Salary Costs	5 130 000	3 222 000	2 096 000	1 432 000
Depreciation	40 000	30 000	20 000	10 000
Impairment	0	0	0	0
Expenditure	7 871 000	4 738 000	3 082 000	2 469 000
Operating Profit	6 357 000	6 816 000	6 860 000	5 407 000
Financial Income	673 000	372 000	336 000	93 000
Financial Costs	421 000	141 000	130 000	72 000
Financial Balance	252 000	231 000	206 000	21 000
Dividends	5 509 000	0	0	0
Net Income	5 099 000	5 509 000	5 500 000	4 214 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	17 000	23 000	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	121 000	105 000	99 000	60 000
Total Tangible Assets	121 000	105 000	99 000	60 000
Total Fiancial Fixed Assets	4 836 000	4 873 000	1 776 000	1 195 000
Total Fixed Assets	4 969 000	4 994 000	1 898 000	1 287 000
Stock	0	0	0	0
Total Investments	0	0	0	30 000
Cash, Bank	9 486 000	1 573 000	4 090 000	5 679 000
Total Current Assets	15 196 000	2 847 000	5 642 000	6 787 000
Total Assets	20 165 000	7 841 000	7 540 000	8 075 000
Total Equity	5 142 000	5 553 000	5 543 000	6 574 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 038 000	111 000	22 000	5 000
Unpaid Taxes	460 000	353 000	207 000	131 000
Dividends	5 509 000	0	0	0
Other Current Debt	6 019 000	293 000	211 000	163 000
Total Current Debt	15 023 000	2 289 000	1 996 000	1 501 000
Total Equity and Debt	20 165 000	7 841 000	7 540 000	8 075 000

Financial indicators	2022	2021	2020	2019
Return on Equity	99,16 %	99,21 %	99,22 %	64,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	44,68 %	58,99 %	68,99 %	68,65 %
Current Ratio	1,01	1,24	2,83	4,52
Quick Ratio	1,01	1,24	2,83	4,52
Equity Ratio	0,25	0,71	0,74	0,81
Gross Profit Margin	100 %	100 %	100 %	99,8 %