GRASDAL HÅRDESIGN AS

5750 ODDA

Finances

Share Ownership

Return on Equity

224,24 %

Current Ratio

1,37

Debt-to-Equity Ratio

3,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 357 000	6 116 000	5 512 000	5 770 000
Net Income	370 000	−173 000	100 000	122 000
Total Assets	2 108 000	1 118 000	1 359 000	1 119 000
Total Equity	165 000	−206 000	−32 000	−133 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 357 000	6 116 000	5 512 000	5 770 000
Expenditure	5 907 000	6 261 000	5 377 000	5 623 000
Operating Profit	450 000	−146 000	134 000	147 000
Financial Income	0	0	0	0
Financial Costs	36 000	28 000	21 000	26 000
Financial Balance	−36 000	−28 000	−21 000	−26 000
Earnings Before Tax	413 000	−173 000	113 000	122 000
Tax	43 000	0	12 000	0
Net Income	370 000	−173 000	100 000	122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	298 000	221 000	71 000	222 000
Total Current Assets	1 810 000	896 000	1 288 000	896 000
Total Assets	2 108 000	1 118 000	1 359 000	1 119 000
Total Retained Equity	65 000	−306 000	−132 000	−233 000
Total Equity	165 000	−206 000	−32 000	−133 000
Total Long-Term Debt	625 000	441 000	321 000	374 000
Total Current Debt	1 318 000	882 000	1 070 000	877 000
Total Equity and Debt	2 108 000	1 118 000	1 359 000	1 119 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 357 000	6 041 000	5 458 000	5 770 000
Other Income	0	75 000	54 000	0
Revenue	6 357 000	6 116 000	5 512 000	5 770 000
Cost of Goods Sold	662 000	982 000	976 000	791 000
Salary Costs	4 339 000	4 483 000	3 623 000	3 867 000
Depreciation	57 000	98 000	151 000	144 000
Impairment	0	0	0	0
Expenditure	5 907 000	6 261 000	5 377 000	5 623 000
Operating Profit	450 000	−146 000	134 000	147 000
Financial Income	0	0	0	0
Financial Costs	36 000	28 000	21 000	26 000
Financial Balance	−36 000	−28 000	−21 000	−26 000
Dividends	0	0	0	0
Net Income	370 000	−173 000	100 000	122 000

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	298 000	221 000	71 000	222 000
Total Tangible Assets	298 000	221 000	71 000	222 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	298 000	221 000	71 000	222 000
Stock	596 000	370 000	428 000	464 000
Total Investments	0	0	0	0
Cash, Bank	1 160 000	515 000	831 000	385 000
Total Current Assets	1 810 000	896 000	1 288 000	896 000
Total Assets	2 108 000	1 118 000	1 359 000	1 119 000
Total Equity	165 000	−206 000	−32 000	−133 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	625 000	441 000	321 000	374 000
Creditors	209 000	85 000	52 000	154 000
Unpaid Taxes	550 000	455 000	602 000	390 000
Dividends	0	0	0	0
Other Current Debt	516 000	342 000	404 000	333 000
Total Current Debt	1 318 000	882 000	1 070 000	877 000
Total Equity and Debt	2 108 000	1 118 000	1 359 000	1 119 000

Financial indicators	2022	2021	2020	2019
Return on Equity	224,24 %	83,98 %	−312,5 %	−91,73 %
Debt-to-Equity Ratio	3,79	−2,14	−10,03	−2,81
Operating Profit Margin	7,08 %	−2,39 %	2,43 %	2,55 %
Current Ratio	1,37	1,02	1,2	1,02
Quick Ratio	2,51	1,75	2,01	2,17
Equity Ratio	0,08	−0,18	−0,02	−0,12
Gross Profit Margin	89,59 %	83,94 %	82,29 %	86,29 %