LPG GRENLAND AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

5,93 %

Current Ratio

2,23

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 951 000	2 847 000	2 416 000	2 446 000
Net Income	38 000	−20 000	46 000	26 000
Total Assets	1 175 000	1 055 000	868 000	871 000
Total Equity	641 000	603 000	623 000	577 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 951 000	2 847 000	2 416 000	2 446 000
Expenditure	3 907 000	2 860 000	2 363 000	2 412 000
Operating Profit	43 000	−14 000	53 000	35 000
Financial Income	0	0	0	0
Financial Costs	6 000	7 000	7 000	10 000
Financial Balance	−6 000	−7 000	−7 000	−10 000
Earnings Before Tax	38 000	−20 000	46 000	26 000
Tax	0	0	0	0
Net Income	38 000	−20 000	46 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	99 000	168 000	280 000	393 000
Total Current Assets	1 076 000	887 000	587 000	479 000
Total Assets	1 175 000	1 055 000	868 000	871 000
Total Retained Equity	541 000	503 000	523 000	477 000
Total Equity	641 000	603 000	623 000	577 000
Total Long-Term Debt	53 000	87 000	121 000	152 000
Total Current Debt	482 000	365 000	124 000	142 000
Total Equity and Debt	1 175 000	1 055 000	868 000	871 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 951 000	2 847 000	2 416 000	2 446 000
Other Income	0	0	0	0
Revenue	3 951 000	2 847 000	2 416 000	2 446 000
Cost of Goods Sold	2 318 000	1 527 000	1 158 000	1 213 000
Salary Costs	827 000	665 000	569 000	602 000
Depreciation	69 000	112 000	112 000	71 000
Impairment	0	0	0	0
Expenditure	3 907 000	2 860 000	2 363 000	2 412 000
Operating Profit	43 000	−14 000	53 000	35 000
Financial Income	0	0	0	0
Financial Costs	6 000	7 000	7 000	10 000
Financial Balance	−6 000	−7 000	−7 000	−10 000
Dividends	0	0	0	0
Net Income	38 000	−20 000	46 000	26 000

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	51 000	85 000	162 000	239 000
Fixtures	48 000	83 000	118 000	154 000
Total Tangible Assets	99 000	168 000	280 000	393 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	99 000	168 000	280 000	393 000
Stock	177 000	147 000	158 000	140 000
Total Investments	0	0	0	0
Cash, Bank	822 000	706 000	411 000	282 000
Total Current Assets	1 076 000	887 000	587 000	479 000
Total Assets	1 175 000	1 055 000	868 000	871 000
Total Equity	641 000	603 000	623 000	577 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	53 000	87 000	121 000	152 000
Creditors	31 000	189 000	16 000	16 000
Unpaid Taxes	168 000	95 000	48 000	63 000
Dividends	0	0	0	0
Other Current Debt	283 000	81 000	60 000	63 000
Total Current Debt	482 000	365 000	124 000	142 000
Total Equity and Debt	1 175 000	1 055 000	868 000	871 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,93 %	−3,32 %	7,38 %	4,51 %
Debt-to-Equity Ratio	0,08	0,14	0,19	0,26
Operating Profit Margin	1,09 %	−0,49 %	2,19 %	1,43 %
Current Ratio	2,23	2,43	4,73	3,37
Quick Ratio	3,53	4,07	−17,26	239,5
Equity Ratio	0,55	0,57	0,72	0,66
Gross Profit Margin	41,33 %	46,36 %	52,07 %	50,41 %