MAINE GRIP AS

0765 OSLO

Finances

Share Ownership

Return on Equity

89,59 %

Current Ratio

1,56

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 424 000	6 106 000	4 144 000	5 235 000
Net Income	2 719 000	2 987 000	1 469 000	2 079 000
Total Assets	8 200 000	5 463 000	5 107 000	5 100 000
Total Equity	3 035 000	3 816 000	3 829 000	2 360 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 424 000	6 106 000	4 144 000	5 235 000
Expenditure	2 796 000	2 484 000	2 262 000	2 573 000
Operating Profit	3 628 000	3 622 000	1 881 000	2 663 000
Financial Income	5 000	164 000	4 000	5 000
Financial Costs	120 000	6 000	3 000	6 000
Financial Balance	−115 000	158 000	1 000	−1 000
Earnings Before Tax	3 513 000	3 780 000	1 882 000	2 661 000
Tax	794 000	794 000	413 000	583 000
Net Income	2 719 000	2 987 000	1 469 000	2 079 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	210 000	238 000	290 000	184 000
Total Current Assets	7 990 000	5 225 000	4 816 000	4 916 000
Total Assets	8 200 000	5 463 000	5 107 000	5 100 000
Total Retained Equity	2 935 000	3 716 000	3 729 000	2 260 000
Total Equity	3 035 000	3 816 000	3 829 000	2 360 000
Total Long-Term Debt	32 000	30 000	130 000	130 000
Total Current Debt	5 133 000	1 617 000	1 147 000	2 610 000
Total Equity and Debt	8 200 000	5 463 000	5 107 000	5 100 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 424 000	6 106 000	4 144 000	5 235 000
Other Income	0	0	0	0
Revenue	6 424 000	6 106 000	4 144 000	5 235 000
Cost of Goods Sold	451 000	332 000	155 000	582 000
Salary Costs	1 924 000	1 764 000	1 650 000	1 555 000
Depreciation	28 000	52 000	56 000	59 000
Impairment	0	0	0	0
Expenditure	2 796 000	2 484 000	2 262 000	2 573 000
Operating Profit	3 628 000	3 622 000	1 881 000	2 663 000
Financial Income	5 000	164 000	4 000	5 000
Financial Costs	120 000	6 000	3 000	6 000
Financial Balance	−115 000	158 000	1 000	−1 000
Dividends	3 500 000	3 000 000	0	1 500 000
Net Income	2 719 000	2 987 000	1 469 000	2 079 000

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	210 000	238 000	290 000	184 000
Total Tangible Assets	210 000	238 000	290 000	184 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	210 000	238 000	290 000	184 000
Stock	40 000	41 000	60 000	49 000
Total Investments	902 000	982 000	0	0
Cash, Bank	5 390 000	3 421 000	4 115 000	4 270 000
Total Current Assets	7 990 000	5 225 000	4 816 000	4 916 000
Total Assets	8 200 000	5 463 000	5 107 000	5 100 000
Total Equity	3 035 000	3 816 000	3 829 000	2 360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 000	30 000	130 000	130 000
Creditors	52 000	50 000	19 000	18 000
Unpaid Taxes	593 000	613 000	362 000	352 000
Dividends	3 500 000	3 000 000	0	1 500 000
Other Current Debt	195 000	160 000	353 000	157 000
Total Current Debt	5 133 000	1 617 000	1 147 000	2 610 000
Total Equity and Debt	8 200 000	5 463 000	5 107 000	5 100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,59 %	78,28 %	38,37 %	88,09 %
Debt-to-Equity Ratio	0,01	0,01	0,03	0,06
Operating Profit Margin	56,48 %	59,32 %	45,39 %	50,87 %
Current Ratio	1,56	3,23	4,2	1,88
Quick Ratio	1,57	3,32	4,43	1,92
Equity Ratio	0,37	0,7	0,75	0,46
Gross Profit Margin	92,98 %	94,56 %	96,26 %	88,88 %