GRIMSTAD RENHOLD AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

−48,78 %

Current Ratio

1,09

Debt-to-Equity Ratio

7,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 889 000	7 624 000	5 561 000	5 513 000
Net Income	−100 000	34 000	293 000	167 000
Total Assets	3 805 000	4 042 000	2 521 000	3 099 000
Total Equity	205 000	306 000	271 000	416 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 889 000	7 624 000	5 561 000	5 513 000
Expenditure	8 931 000	7 499 000	5 130 000	5 233 000
Operating Profit	−41 000	125 000	432 000	279 000
Financial Income	0	1 000	4 000	2 000
Financial Costs	87 000	81 000	60 000	67 000
Financial Balance	−87 000	−80 000	−56 000	−65 000
Earnings Before Tax	−129 000	44 000	375 000	214 000
Tax	−28 000	10 000	83 000	47 000
Net Income	−100 000	34 000	293 000	167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 645 000	1 666 000	929 000	951 000
Total Current Assets	2 160 000	2 376 000	1 592 000	2 148 000
Total Assets	3 805 000	4 042 000	2 521 000	3 099 000
Total Retained Equity	175 000	276 000	241 000	386 000
Total Equity	205 000	306 000	271 000	416 000
Total Long-Term Debt	1 626 000	1 716 000	1 126 000	1 072 000
Total Current Debt	1 974 000	2 021 000	1 124 000	1 610 000
Total Equity and Debt	3 805 000	4 042 000	2 521 000	3 099 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 889 000	7 547 000	5 561 000	5 513 000
Other Income	0	77 000	0	0
Revenue	8 889 000	7 624 000	5 561 000	5 513 000
Cost of Goods Sold	577 000	490 000	559 000	461 000
Salary Costs	5 795 000	5 100 000	3 009 000	3 362 000
Depreciation	563 000	488 000	335 000	320 000
Impairment	0	0	0	0
Expenditure	8 931 000	7 499 000	5 130 000	5 233 000
Operating Profit	−41 000	125 000	432 000	279 000
Financial Income	0	1 000	4 000	2 000
Financial Costs	87 000	81 000	60 000	67 000
Financial Balance	−87 000	−80 000	−56 000	−65 000
Dividends	0	0	0	0
Net Income	−100 000	34 000	293 000	167 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 627 000	1 665 000	928 000	950 000
Total Tangible Assets	1 627 000	1 665 000	928 000	950 000
Total Fiancial Fixed Assets	6 000	1 000	1 000	1 000
Total Fixed Assets	1 645 000	1 666 000	929 000	951 000
Stock	164 000	65 000	28 000	37 000
Total Investments	0	0	0	0
Cash, Bank	307 000	353 000	393 000	245 000
Total Current Assets	2 160 000	2 376 000	1 592 000	2 148 000
Total Assets	3 805 000	4 042 000	2 521 000	3 099 000
Total Equity	205 000	306 000	271 000	416 000
Short-Term Group Debt	0	0	0	11 000
Total Long-Term Debt	1 626 000	1 716 000	1 126 000	1 072 000
Creditors	537 000	291 000	200 000	357 000
Unpaid Taxes	591 000	841 000	398 000	683 000
Dividends	0	0	0	0
Other Current Debt	846 000	888 000	525 000	499 000
Total Current Debt	1 974 000	2 021 000	1 124 000	1 610 000
Total Equity and Debt	3 805 000	4 042 000	2 521 000	3 099 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,78 %	11,11 %	108,12 %	40,14 %
Debt-to-Equity Ratio	7,93	5,61	4,15	2,58
Operating Profit Margin	−0,46 %	1,64 %	7,77 %	5,06 %
Current Ratio	1,09	1,18	1,42	1,33
Quick Ratio	1,19	1,21	1,45	1,37
Equity Ratio	0,05	0,08	0,11	0,13
Gross Profit Margin	93,51 %	93,57 %	89,95 %	91,64 %