GRANE HYTTESERVICE AS

8685 TROFORS

Finances

Share Ownership

Return on Equity

10,54 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 661 000	4 241 000	3 491 000	3 664 000
Net Income	55 000	7 000	197 000	69 000
Total Assets	1 324 000	1 201 000	1 213 000	958 000
Total Equity	522 000	467 000	460 000	264 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 661 000	4 241 000	3 491 000	3 664 000
Expenditure	4 581 000	4 237 000	3 167 000	3 562 000
Operating Profit	86 000	14 000	269 000	111 000
Financial Income	0	0	0	0
Financial Costs	16 000	5 000	17 000	23 000
Financial Balance	−16 000	−5 000	−17 000	−23 000
Earnings Before Tax	70 000	9 000	252 000	89 000
Tax	15 000	2 000	55 000	20 000
Net Income	55 000	7 000	197 000	69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	455 000	492 000	380 000	371 000
Total Current Assets	869 000	709 000	832 000	587 000
Total Assets	1 324 000	1 201 000	1 213 000	958 000
Total Retained Equity	334 000	279 000	272 000	76 000
Total Equity	522 000	467 000	460 000	264 000
Total Long-Term Debt	7 000	22 000	71 000	115 000
Total Current Debt	796 000	712 000	681 000	579 000
Total Equity and Debt	1 324 000	1 201 000	1 213 000	958 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 502 000	4 241 000	3 491 000	3 664 000
Other Income	159 000	0	0	0
Revenue	4 661 000	4 241 000	3 491 000	3 664 000
Cost of Goods Sold	1 723 000	1 515 000	1 326 000	1 371 000
Salary Costs	2 237 000	2 274 000	1 539 000	1 763 000
Depreciation	64 000	86 000	57 000	82 000
Impairment	0	0	0	0
Expenditure	4 581 000	4 237 000	3 167 000	3 562 000
Operating Profit	86 000	14 000	269 000	111 000
Financial Income	0	0	0	0
Financial Costs	16 000	5 000	17 000	23 000
Financial Balance	−16 000	−5 000	−17 000	−23 000
Dividends	0	0	0	0
Net Income	55 000	7 000	197 000	69 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	45 000
Real Eastate	2 000	6 000	9 000	12 000
Machinery and Plant Facilities	249 000	351 000	300 000	313 000
Fixtures	115 000	135 000	71 000	0
Total Tangible Assets	367 000	492 000	380 000	325 000
Total Fiancial Fixed Assets	88 000	0	0	0
Total Fixed Assets	455 000	492 000	380 000	371 000
Stock	91 000	85 000	75 000	130 000
Total Investments	0	0	0	0
Cash, Bank	313 000	242 000	123 000	103 000
Total Current Assets	869 000	709 000	832 000	587 000
Total Assets	1 324 000	1 201 000	1 213 000	958 000
Total Equity	522 000	467 000	460 000	264 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	22 000	71 000	115 000
Creditors	326 000	331 000	390 000	254 000
Unpaid Taxes	240 000	159 000	135 000	170 000
Dividends	0	0	0	0
Other Current Debt	213 000	221 000	152 000	156 000
Total Current Debt	796 000	712 000	681 000	579 000
Total Equity and Debt	1 324 000	1 201 000	1 213 000	958 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,54 %	1,5 %	42,83 %	26,14 %
Debt-to-Equity Ratio	0,01	0,05	0,15	0,44
Operating Profit Margin	1,85 %	0,33 %	7,71 %	3,03 %
Current Ratio	1,09	1	1,22	1,01
Quick Ratio	1,23	1,13	1,37	1,31
Equity Ratio	0,39	0,39	0,38	0,28
Gross Profit Margin	63,03 %	64,28 %	62,02 %	62,58 %