GRENLAND BETONGSAGING AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

17,36 %

Current Ratio

2,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 260 000	16 534 000	13 536 000	14 451 000
Net Income	619 000	2 683 000	913 000	1 014 000
Total Assets	5 871 000	6 330 000	4 962 000	5 427 000
Total Equity	3 565 000	3 946 000	2 763 000	2 850 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 260 000	16 534 000	13 536 000	14 451 000
Expenditure	13 464 000	13 071 000	12 350 000	13 194 000
Operating Profit	796 000	3 463 000	1 186 000	1 257 000
Financial Income	10 000	7 000	7 000	1 000
Financial Costs	10 000	30 000	20 000	43 000
Financial Balance	0	−23 000	−13 000	−42 000
Earnings Before Tax	797 000	3 440 000	1 173 000	1 215 000
Tax	177 000	757 000	259 000	202 000
Net Income	619 000	2 683 000	913 000	1 014 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	735 000	1 220 000	1 879 000	1 433 000
Total Current Assets	5 136 000	5 110 000	3 083 000	3 994 000
Total Assets	5 871 000	6 330 000	4 962 000	5 427 000
Total Retained Equity	3 065 000	3 446 000	2 263 000	2 350 000
Total Equity	3 565 000	3 946 000	2 763 000	2 850 000
Total Long-Term Debt	0	0	119 000	157 000
Total Current Debt	2 306 000	2 384 000	2 080 000	2 420 000
Total Equity and Debt	5 871 000	6 330 000	4 962 000	5 427 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 220 000	16 389 000	13 504 000	13 735 000
Other Income	40 000	145 000	32 000	716 000
Revenue	14 260 000	16 534 000	13 536 000	14 451 000
Cost of Goods Sold	2 135 000	2 266 000	1 081 000	2 848 000
Salary Costs	6 441 000	5 721 000	6 262 000	6 316 000
Depreciation	672 000	743 000	653 000	426 000
Impairment	0	0	0	0
Expenditure	13 464 000	13 071 000	12 350 000	13 194 000
Operating Profit	796 000	3 463 000	1 186 000	1 257 000
Financial Income	10 000	7 000	7 000	1 000
Financial Costs	10 000	30 000	20 000	43 000
Financial Balance	0	−23 000	−13 000	−42 000
Dividends	1 000 000	1 500 000	1 000 000	400 000
Net Income	619 000	2 683 000	913 000	1 014 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	207 000	152 000	107 000	103 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	526 000	1 059 000	1 755 000	1 330 000
Fixtures	2 000	9 000	16 000	0
Total Tangible Assets	528 000	1 068 000	1 772 000	1 330 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	735 000	1 220 000	1 879 000	1 433 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 923 000	2 630 000	399 000	246 000
Total Current Assets	5 136 000	5 110 000	3 083 000	3 994 000
Total Assets	5 871 000	6 330 000	4 962 000	5 427 000
Total Equity	3 565 000	3 946 000	2 763 000	2 850 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	119 000	157 000
Creditors	314 000	380 000	474 000	459 000
Unpaid Taxes	678 000	421 000	422 000	553 000
Dividends	1 000 000	1 500 000	1 000 000	400 000
Other Current Debt	1 080 000	782 000	921 000	1 085 000
Total Current Debt	2 306 000	2 384 000	2 080 000	2 420 000
Total Equity and Debt	5 871 000	6 330 000	4 962 000	5 427 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,36 %	67,99 %	33,04 %	35,58 %
Debt-to-Equity Ratio	0	0	0,04	0,06
Operating Profit Margin	5,58 %	20,94 %	8,76 %	8,7 %
Current Ratio	2,23	2,14	1,48	1,65
Quick Ratio	2,23	2,14	1,48	1,65
Equity Ratio	0,61	0,62	0,56	0,53
Gross Profit Margin	85,03 %	86,29 %	92,01 %	80,29 %