GRENLAND BLIKKENSLAGERVERKSTED AS

3925 PORSGRUNN

Finances

Share Ownership

Return on Equity

77,38 %

Current Ratio

1,51

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 516 000	6 430 000	5 493 000	4 731 000
Net Income	886 000	1 235 000	808 000	159 000
Total Assets	3 146 000	3 187 000	2 466 000	1 957 000
Total Equity	1 145 000	1 060 000	825 000	717 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 516 000	6 430 000	5 493 000	4 731 000
Expenditure	5 574 000	4 848 000	4 469 000	4 508 000
Operating Profit	1 112 000	1 582 000	1 025 000	223 000
Financial Income	30 000	3 000	4 000	2 000
Financial Costs	0	−2 000	0	1 000
Financial Balance	30 000	5 000	4 000	1 000
Earnings Before Tax	1 142 000	1 586 000	1 029 000	224 000
Tax	256 000	351 000	221 000	65 000
Net Income	886 000	1 235 000	808 000	159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	117 000	192 000	282 000	142 000
Total Current Assets	3 028 000	2 996 000	2 184 000	1 815 000
Total Assets	3 146 000	3 187 000	2 466 000	1 957 000
Total Retained Equity	1 045 000	960 000	725 000	617 000
Total Equity	1 145 000	1 060 000	825 000	717 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 000 000	2 128 000	1 642 000	1 240 000
Total Equity and Debt	3 146 000	3 187 000	2 466 000	1 957 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 516 000	6 430 000	5 493 000	4 727 000
Other Income	0	0	0	4 000
Revenue	6 516 000	6 430 000	5 493 000	4 731 000
Cost of Goods Sold	1 834 000	1 426 000	1 356 000	1 284 000
Salary Costs	2 693 000	2 417 000	2 153 000	2 166 000
Depreciation	75 000	90 000	75 000	101 000
Impairment	0	0	0	0
Expenditure	5 574 000	4 848 000	4 469 000	4 508 000
Operating Profit	1 112 000	1 582 000	1 025 000	223 000
Financial Income	30 000	3 000	4 000	2 000
Financial Costs	0	−2 000	0	1 000
Financial Balance	30 000	5 000	4 000	1 000
Dividends	800 000	1 000 000	700 000	160 000
Net Income	886 000	1 235 000	808 000	159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	108 000	192 000	282 000	142 000
Total Tangible Assets	117 000	192 000	282 000	142 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	117 000	192 000	282 000	142 000
Stock	684 000	515 000	380 000	311 000
Total Investments	0	0	0	0
Cash, Bank	1 101 000	1 973 000	1 286 000	898 000
Total Current Assets	3 028 000	2 996 000	2 184 000	1 815 000
Total Assets	3 146 000	3 187 000	2 466 000	1 957 000
Total Equity	1 145 000	1 060 000	825 000	717 000
Short-Term Group Debt	0	0	0	400 000
Total Long-Term Debt	0	0	0	0
Creditors	165 000	29 000	184 000	89 000
Unpaid Taxes	526 000	526 000	361 000	324 000
Dividends	800 000	1 000 000	700 000	160 000
Other Current Debt	254 000	222 000	176 000	202 000
Total Current Debt	2 000 000	2 128 000	1 642 000	1 240 000
Total Equity and Debt	3 146 000	3 187 000	2 466 000	1 957 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,38 %	116,51 %	97,94 %	22,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,07 %	24,6 %	18,66 %	4,71 %
Current Ratio	1,51	1,41	1,33	1,46
Quick Ratio	2,3	1,86	1,73	1,95
Equity Ratio	0,36	0,33	0,33	0,37
Gross Profit Margin	71,85 %	77,82 %	75,31 %	72,86 %