BYGGMESTER ARNE GRIMSBØ AS

5105 EIDSVÅG I ÅSANE

Finances

Share Ownership

Return on Equity

30,5 %

Current Ratio

2,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 124 000	3 039 000	2 752 000	2 521 000
Net Income	262 000	136 000	132 000	44 000
Total Assets	1 401 000	886 000	814 000	539 000
Total Equity	859 000	597 000	461 000	328 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 124 000	3 039 000	2 752 000	2 521 000
Expenditure	2 801 000	2 869 000	2 586 000	2 466 000
Operating Profit	323 000	171 000	165 000	55 000
Financial Income	2 000	2 000	1 000	0
Financial Costs	0	0	1 000	3 000
Financial Balance	2 000	2 000	0	−3 000
Earnings Before Tax	325 000	172 000	166 000	53 000
Tax	63 000	36 000	34 000	8 000
Net Income	262 000	136 000	132 000	44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	169 000	0	0	0
Total Current Assets	1 233 000	886 000	814 000	539 000
Total Assets	1 401 000	886 000	814 000	539 000
Total Retained Equity	759 000	497 000	361 000	228 000
Total Equity	859 000	597 000	461 000	328 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	543 000	289 000	353 000	210 000
Total Equity and Debt	1 401 000	886 000	814 000	539 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 124 000	3 039 000	2 752 000	2 521 000
Other Income	0	0	0	0
Revenue	3 124 000	3 039 000	2 752 000	2 521 000
Cost of Goods Sold	1 534 000	1 631 000	1 435 000	1 292 000
Salary Costs	1 044 000	1 058 000	980 000	947 000
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 801 000	2 869 000	2 586 000	2 466 000
Operating Profit	323 000	171 000	165 000	55 000
Financial Income	2 000	2 000	1 000	0
Financial Costs	0	0	1 000	3 000
Financial Balance	2 000	2 000	0	−3 000
Dividends	0	0	0	0
Net Income	262 000	136 000	132 000	44 000

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	169 000	0	0	0
Total Tangible Assets	169 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	169 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 045 000	886 000	814 000	538 000
Total Current Assets	1 233 000	886 000	814 000	539 000
Total Assets	1 401 000	886 000	814 000	539 000
Total Equity	859 000	597 000	461 000	328 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	180 000	3 000	23 000	22 000
Unpaid Taxes	195 000	153 000	207 000	94 000
Dividends	0	0	0	0
Other Current Debt	104 000	97 000	89 000	86 000
Total Current Debt	543 000	289 000	353 000	210 000
Total Equity and Debt	1 401 000	886 000	814 000	539 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,5 %	22,78 %	28,63 %	13,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,34 %	5,63 %	6 %	2,18 %
Current Ratio	2,27	3,07	2,31	2,57
Quick Ratio	2,27	3,07	2,31	2,57
Equity Ratio	0,61	0,67	0,57	0,61
Gross Profit Margin	50,9 %	46,33 %	47,86 %	48,75 %