WERNER GRIMESTAD AS

4534 MARNARDAL

Finances

Share Ownership

Return on Equity

3,72 %

Current Ratio

2,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	289 000	280 000	151 000	149 000
Net Income	55 000	238 000	61 000	65 000
Total Assets	1 764 000	1 729 000	1 451 000	1 354 000
Total Equity	1 480 000	1 425 000	1 187 000	1 125 000

Income (NOK)	2022	2021	2020	2019
Revenue	289 000	280 000	151 000	149 000
Expenditure	117 000	136 000	130 000	114 000
Operating Profit	172 000	145 000	21 000	36 000
Financial Income	0	125 000	45 000	37 000
Financial Costs	79 000	0	0	0
Financial Balance	−79 000	125 000	45 000	37 000
Earnings Before Tax	93 000	270 000	66 000	73 000
Tax	38 000	32 000	5 000	8 000
Net Income	55 000	238 000	61 000	65 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 127 000	1 206 000	1 081 000	1 036 000
Total Current Assets	637 000	523 000	369 000	317 000
Total Assets	1 764 000	1 729 000	1 451 000	1 354 000
Total Retained Equity	1 380 000	1 325 000	1 087 000	1 025 000
Total Equity	1 480 000	1 425 000	1 187 000	1 125 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	285 000	304 000	264 000	228 000
Total Equity and Debt	1 764 000	1 729 000	1 451 000	1 354 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	289 000	280 000	151 000	149 000
Other Income	0	0	0	0
Revenue	289 000	280 000	151 000	149 000
Cost of Goods Sold	0	0	0	0
Salary Costs	95 000	95 000	96 000	95 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	117 000	136 000	130 000	114 000
Operating Profit	172 000	145 000	21 000	36 000
Financial Income	0	125 000	45 000	37 000
Financial Costs	79 000	0	0	0
Financial Balance	−79 000	125 000	45 000	37 000
Dividends	0	0	0	0
Net Income	55 000	238 000	61 000	65 000

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	1 127 000	1 206 000	1 081 000	1 036 000
Total Fixed Assets	1 127 000	1 206 000	1 081 000	1 036 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	451 000	396 000	317 000	268 000
Total Current Assets	637 000	523 000	369 000	317 000
Total Assets	1 764 000	1 729 000	1 451 000	1 354 000
Total Equity	1 480 000	1 425 000	1 187 000	1 125 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	2 000	0	2 000
Unpaid Taxes	14 000	44 000	27 000	19 000
Dividends	0	0	0	0
Other Current Debt	224 000	226 000	232 000	199 000
Total Current Debt	285 000	304 000	264 000	228 000
Total Equity and Debt	1 764 000	1 729 000	1 451 000	1 354 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,72 %	16,7 %	5,14 %	5,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	59,52 %	51,79 %	13,91 %	24,16 %
Current Ratio	2,24	1,72	1,4	1,39
Quick Ratio	2,24	1,72	1,4	1,39
Equity Ratio	0,84	0,82	0,82	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %