GRIMSTAD RØR AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

8,35 %

Current Ratio

2,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 621 000	1 772 000	1 676 000	1 985 000
Net Income	48 000	−38 000	173 000	16 000
Total Assets	878 000	808 000	1 010 000	942 000
Total Equity	575 000	527 000	565 000	392 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 621 000	1 772 000	1 676 000	1 985 000
Expenditure	1 576 000	1 820 000	1 508 000	1 977 000
Operating Profit	45 000	−47 000	168 000	8 000
Financial Income	3 000	9 000	5 000	8 000
Financial Costs	0	0	0	0
Financial Balance	3 000	9 000	5 000	8 000
Earnings Before Tax	48 000	−38 000	173 000	16 000
Tax	0	0	0	0
Net Income	48 000	−38 000	173 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	17 000	31 000
Total Current Assets	878 000	808 000	993 000	910 000
Total Assets	878 000	808 000	1 010 000	942 000
Total Retained Equity	−125 000	−173 000	−135 000	−308 000
Total Equity	575 000	527 000	565 000	392 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	303 000	281 000	445 000	550 000
Total Equity and Debt	878 000	808 000	1 010 000	942 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 621 000	1 772 000	1 593 000	1 985 000
Other Income	0	0	83 000	0
Revenue	1 621 000	1 772 000	1 676 000	1 985 000
Cost of Goods Sold	807 000	843 000	639 000	1 007 000
Salary Costs	462 000	533 000	498 000	476 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 576 000	1 820 000	1 508 000	1 977 000
Operating Profit	45 000	−47 000	168 000	8 000
Financial Income	3 000	9 000	5 000	8 000
Financial Costs	0	0	0	0
Financial Balance	3 000	9 000	5 000	8 000
Dividends	0	0	0	0
Net Income	48 000	−38 000	173 000	16 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	17 000	31 000
Total Fixed Assets	0	0	17 000	31 000
Stock	245 000	386 000	370 000	283 000
Total Investments	0	0	0	0
Cash, Bank	391 000	301 000	490 000	504 000
Total Current Assets	878 000	808 000	993 000	910 000
Total Assets	878 000	808 000	1 010 000	942 000
Total Equity	575 000	527 000	565 000	392 000
Short-Term Group Debt	0	2 000	175 000	173 000
Total Long-Term Debt	0	0	0	0
Creditors	61 000	73 000	71 000	140 000
Unpaid Taxes	66 000	50 000	45 000	74 000
Dividends	0	0	0	0
Other Current Debt	176 000	156 000	153 000	162 000
Total Current Debt	303 000	281 000	445 000	550 000
Total Equity and Debt	878 000	808 000	1 010 000	942 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,35 %	−7,21 %	30,62 %	4,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,78 %	−2,65 %	10,02 %	0,4 %
Current Ratio	2,9	2,88	2,23	1,65
Quick Ratio	15,14	−7,7	13,24	3,41
Equity Ratio	0,65	0,65	0,56	0,42
Gross Profit Margin	50,22 %	52,43 %	61,87 %	49,27 %