GRIMOKRAFT AS

5777 GRIMO

Finances

Share Ownership

Return on Equity

60,57 %

Current Ratio

1,31

Debt-to-Equity Ratio

1,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 742 000	1 315 000	286 000	716 000
Net Income	1 857 000	430 000	−479 000	−191 000
Total Assets	9 623 000	10 211 000	9 552 000	10 007 000
Total Equity	3 066 000	1 210 000	280 000	758 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 742 000	1 315 000	286 000	716 000
Expenditure	1 556 000	610 000	447 000	527 000
Operating Profit	2 187 000	705 000	−161 000	189 000
Financial Income	7 000	4 000	4 000	2 000
Financial Costs	338 000	279 000	322 000	382 000
Financial Balance	−331 000	−275 000	−318 000	−380 000
Earnings Before Tax	1 857 000	430 000	−479 000	−191 000
Tax	0	0	0	0
Net Income	1 857 000	430 000	−479 000	−191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 007 000	9 266 000	9 529 000	9 796 000
Total Current Assets	616 000	944 000	23 000	210 000
Total Assets	9 623 000	10 211 000	9 552 000	10 007 000
Total Retained Equity	164 000	−1 693 000	−2 123 000	−1 644 000
Total Equity	3 066 000	1 210 000	280 000	758 000
Total Long-Term Debt	6 085 000	8 882 000	9 267 000	9 234 000
Total Current Debt	472 000	118 000	6 000	15 000
Total Equity and Debt	9 623 000	10 211 000	9 552 000	10 007 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 742 000	1 315 000	178 000	715 000
Other Income	0	0	108 000	1 000
Revenue	3 742 000	1 315 000	286 000	716 000
Cost of Goods Sold	301 000	81 000	29 000	46 000
Salary Costs	0	0	0	0
Depreciation	260 000	263 000	267 000	271 000
Impairment	0	0	0	0
Expenditure	1 556 000	610 000	447 000	527 000
Operating Profit	2 187 000	705 000	−161 000	189 000
Financial Income	7 000	4 000	4 000	2 000
Financial Costs	338 000	279 000	322 000	382 000
Financial Balance	−331 000	−275 000	−318 000	−380 000
Dividends	0	0	0	0
Net Income	1 857 000	430 000	−479 000	−191 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 699 000	1 765 000	1 834 000	1 907 000
Machinery and Plant Facilities	7 308 000	7 502 000	7 695 000	7 889 000
Fixtures	0	0	0	0
Total Tangible Assets	9 007 000	9 266 000	9 529 000	9 796 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 007 000	9 266 000	9 529 000	9 796 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	615 000	715 000	10 000	159 000
Total Current Assets	616 000	944 000	23 000	210 000
Total Assets	9 623 000	10 211 000	9 552 000	10 007 000
Total Equity	3 066 000	1 210 000	280 000	758 000
Short-Term Group Debt	0	−7 000	−3 000	0
Total Long-Term Debt	6 085 000	8 882 000	9 267 000	9 234 000
Creditors	529 000	37 000	6 000	7 000
Unpaid Taxes	−65 000	88 000	3 000	7 000
Dividends	0	0	0	0
Other Current Debt	7 000	0	0	0
Total Current Debt	472 000	118 000	6 000	15 000
Total Equity and Debt	9 623 000	10 211 000	9 552 000	10 007 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,57 %	35,54 %	−171,07 %	−25,2 %
Debt-to-Equity Ratio	1,98	7,34	33,1	12,18
Operating Profit Margin	58,44 %	53,61 %	−56,29 %	26,4 %
Current Ratio	1,31	8	3,83	14
Quick Ratio	1,31	8	3,83	14
Equity Ratio	0,32	0,12	0,03	0,08
Gross Profit Margin	91,96 %	93,84 %	89,86 %	93,58 %