GRØNNESTAD HÅRDESIGN SKAAREGATEN 140 AS

5527 HAUGESUND

Finances

Share Ownership

Return on Equity

146 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 368 000	2 596 000	2 307 000	2 971 000
Net Income	146 000	281 000	173 000	568 000
Total Assets	784 000	941 000	816 000	1 284 000
Total Equity	100 000	125 000	124 000	171 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 368 000	2 596 000	2 307 000	2 971 000
Expenditure	2 183 000	2 242 000	2 087 000	2 247 000
Operating Profit	185 000	355 000	219 000	725 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	2 000	2 000
Earnings Before Tax	187 000	357 000	221 000	727 000
Tax	41 000	76 000	48 000	159 000
Net Income	146 000	281 000	173 000	568 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	0	0	0
Total Current Assets	764 000	941 000	816 000	1 284 000
Total Assets	784 000	941 000	816 000	1 284 000
Total Retained Equity	0	25 000	24 000	71 000
Total Equity	100 000	125 000	124 000	171 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	684 000	816 000	692 000	1 113 000
Total Equity and Debt	784 000	941 000	816 000	1 284 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 368 000	2 596 000	2 307 000	2 971 000
Other Income	0	0	0	0
Revenue	2 368 000	2 596 000	2 307 000	2 971 000
Cost of Goods Sold	338 000	287 000	300 000	181 000
Salary Costs	1 292 000	1 522 000	1 389 000	1 652 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 183 000	2 242 000	2 087 000	2 247 000
Operating Profit	185 000	355 000	219 000	725 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	2 000	2 000
Dividends	170 000	280 000	220 000	500 000
Net Income	146 000	281 000	173 000	568 000

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	20 000	0	0	0
Total Tangible Assets	20 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	0	0	0
Stock	95 000	116 000	150 000	187 000
Total Investments	0	0	0	0
Cash, Bank	597 000	779 000	625 000	869 000
Total Current Assets	764 000	941 000	816 000	1 284 000
Total Assets	784 000	941 000	816 000	1 284 000
Total Equity	100 000	125 000	124 000	171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	72 000	6 000	26 000	31 000
Unpaid Taxes	199 000	218 000	200 000	228 000
Dividends	170 000	280 000	220 000	500 000
Other Current Debt	201 000	236 000	199 000	195 000
Total Current Debt	684 000	816 000	692 000	1 113 000
Total Equity and Debt	784 000	941 000	816 000	1 284 000

Financial indicators	2022	2021	2020	2019
Return on Equity	146 %	224,8 %	139,52 %	332,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,81 %	13,67 %	9,49 %	24,4 %
Current Ratio	1,12	1,15	1,18	1,15
Quick Ratio	1,3	1,34	1,51	1,39
Equity Ratio	0,13	0,13	0,15	0,13
Gross Profit Margin	85,73 %	88,94 %	87 %	93,91 %