GRUNNMUR AS

1185 OSLO

Finances

Share Ownership

Return on Equity

3 158,06 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	161 999 000	150 908 000	119 571 000	120 521 000
Net Income	19 580 000	18 348 000	16 754 000	15 614 000
Total Assets	36 508 000	25 345 000	22 789 000	22 741 000
Total Equity	620 000	540 000	4 392 000	3 638 000

Income (NOK)	2022	2021	2020	2019
Revenue	161 999 000	150 908 000	119 571 000	120 521 000
Expenditure	136 930 000	127 629 000	98 087 000	100 548 000
Operating Profit	25 069 000	23 280 000	21 483 000	19 973 000
Financial Income	76 000	14 000	28 000	133 000
Financial Costs	26 000	18 000	13 000	24 000
Financial Balance	50 000	−4 000	15 000	109 000
Earnings Before Tax	25 119 000	23 275 000	21 499 000	20 082 000
Tax	5 539 000	4 927 000	4 745 000	4 468 000
Net Income	19 580 000	18 348 000	16 754 000	15 614 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 116 000	1 963 000	1 116 000	1 434 000
Total Current Assets	34 393 000	23 383 000	21 673 000	21 307 000
Total Assets	36 508 000	25 345 000	22 789 000	22 741 000
Total Retained Equity	80 000	0	2 677 000	1 923 000
Total Equity	620 000	540 000	4 392 000	3 638 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	35 888 000	24 805 000	18 397 000	19 103 000
Total Equity and Debt	36 508 000	25 345 000	22 789 000	22 741 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	161 999 000	150 783 000	119 571 000	120 521 000
Other Income	0	125 000	0	0
Revenue	161 999 000	150 908 000	119 571 000	120 521 000
Cost of Goods Sold	80 594 000	76 635 000	57 255 000	60 130 000
Salary Costs	47 013 000	42 401 000	33 348 000	32 515 000
Depreciation	548 000	702 000	591 000	612 000
Impairment	0	0	0	0
Expenditure	136 930 000	127 629 000	98 087 000	100 548 000
Operating Profit	25 069 000	23 280 000	21 483 000	19 973 000
Financial Income	76 000	14 000	28 000	133 000
Financial Costs	26 000	18 000	13 000	24 000
Financial Balance	50 000	−4 000	15 000	109 000
Dividends	19 500 000	22 200 000	16 000 000	14 000 000
Net Income	19 580 000	18 348 000	16 754 000	15 614 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	176 000	167 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 740 000	1 796 000	1 116 000	1 434 000
Total Tangible Assets	1 740 000	1 796 000	1 116 000	1 434 000
Total Fiancial Fixed Assets	200 000	0	0	0
Total Fixed Assets	2 116 000	1 963 000	1 116 000	1 434 000
Stock	3 629 000	2 452 000	1 593 000	1 535 000
Total Investments	0	0	0	0
Cash, Bank	11 684 000	7 447 000	5 834 000	2 919 000
Total Current Assets	34 393 000	23 383 000	21 673 000	21 307 000
Total Assets	36 508 000	25 345 000	22 789 000	22 741 000
Total Equity	620 000	540 000	4 392 000	3 638 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 103 000	5 753 000	4 770 000	6 256 000
Unpaid Taxes	7 315 000	7 054 000	5 588 000	5 169 000
Dividends	19 500 000	22 200 000	16 000 000	14 000 000
Other Current Debt	7 422 000	3 904 000	3 293 000	3 210 000
Total Current Debt	35 888 000	24 805 000	18 397 000	19 103 000
Total Equity and Debt	36 508 000	25 345 000	22 789 000	22 741 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3 158,06 %	3 397,78 %	381,47 %	429,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,47 %	15,43 %	17,97 %	16,57 %
Current Ratio	0,96	0,94	1,18	1,12
Quick Ratio	1,07	1,05	1,29	1,21
Equity Ratio	0,02	0,02	0,19	0,16
Gross Profit Margin	50,25 %	49,22 %	52,12 %	50,11 %