TS GRØNDAHL AS

1354 BÆRUMS VERK

Finances

Share Ownership

Return on Equity

34,79 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 621 000	9 278 000	8 845 000	7 772 000
Net Income	462 000	614 000	625 000	366 000
Total Assets	2 632 000	2 532 000	2 174 000	1 919 000
Total Equity	1 328 000	1 267 000	1 053 000	1 078 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 621 000	9 278 000	8 845 000	7 772 000
Expenditure	9 031 000	8 492 000	8 037 000	7 297 000
Operating Profit	590 000	787 000	808 000	475 000
Financial Income	2 000	1 000	2 000	3 000
Financial Costs	0	0	9 000	9 000
Financial Balance	2 000	1 000	−7 000	−6 000
Earnings Before Tax	592 000	787 000	801 000	469 000
Tax	130 000	173 000	176 000	103 000
Net Income	462 000	614 000	625 000	366 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	202 000	201 000	201 000	202 000
Total Current Assets	2 430 000	2 331 000	1 973 000	1 716 000
Total Assets	2 632 000	2 532 000	2 174 000	1 919 000
Total Retained Equity	1 228 000	1 167 000	953 000	978 000
Total Equity	1 328 000	1 267 000	1 053 000	1 078 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 304 000	1 265 000	1 122 000	840 000
Total Equity and Debt	2 632 000	2 532 000	2 174 000	1 919 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 621 000	9 278 000	8 845 000	7 772 000
Other Income	0	0	0	0
Revenue	9 621 000	9 278 000	8 845 000	7 772 000
Cost of Goods Sold	4 429 000	4 210 000	4 036 000	3 476 000
Salary Costs	2 501 000	2 212 000	2 088 000	2 127 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 031 000	8 492 000	8 037 000	7 297 000
Operating Profit	590 000	787 000	808 000	475 000
Financial Income	2 000	1 000	2 000	3 000
Financial Costs	0	0	9 000	9 000
Financial Balance	2 000	1 000	−7 000	−6 000
Dividends	400 000	400 000	650 000	50 000
Net Income	462 000	614 000	625 000	366 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	202 000	201 000	201 000	202 000
Total Fixed Assets	202 000	201 000	201 000	202 000
Stock	78 000	70 000	72 000	55 000
Total Investments	0	0	0	0
Cash, Bank	2 309 000	2 235 000	1 857 000	1 637 000
Total Current Assets	2 430 000	2 331 000	1 973 000	1 716 000
Total Assets	2 632 000	2 532 000	2 174 000	1 919 000
Total Equity	1 328 000	1 267 000	1 053 000	1 078 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	396 000	345 000	224 000	269 000
Unpaid Taxes	264 000	253 000	251 000	260 000
Dividends	400 000	400 000	650 000	50 000
Other Current Debt	213 000	194 000	170 000	208 000
Total Current Debt	1 304 000	1 265 000	1 122 000	840 000
Total Equity and Debt	2 632 000	2 532 000	2 174 000	1 919 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,79 %	48,46 %	59,35 %	33,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,13 %	8,48 %	9,14 %	6,11 %
Current Ratio	1,86	1,84	1,76	2,04
Quick Ratio	1,98	1,95	1,88	2,19
Equity Ratio	0,5	0,5	0,48	0,56
Gross Profit Margin	53,97 %	54,62 %	54,37 %	55,28 %