GRORUD ELEKTRO SERVICE AS

0962 OSLO

Finances

Share Ownership

Return on Equity

938,64 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 042 000	9 806 000	8 907 000	9 331 000
Net Income	2 065 000	2 010 000	1 138 000	1 116 000
Total Assets	4 174 000	3 955 000	2 676 000	2 757 000
Total Equity	220 000	305 000	295 000	258 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 042 000	9 806 000	8 907 000	9 331 000
Expenditure	7 390 000	7 229 000	7 446 000	7 892 000
Operating Profit	2 651 000	2 578 000	1 461 000	1 438 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	0	1 000	5 000
Financial Balance	−1 000	0	−1 000	−4 000
Earnings Before Tax	2 650 000	2 578 000	1 460 000	1 434 000
Tax	585 000	569 000	323 000	318 000
Net Income	2 065 000	2 010 000	1 138 000	1 116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	10 000	3 000	3 000
Total Current Assets	4 169 000	3 945 000	2 673 000	2 754 000
Total Assets	4 174 000	3 955 000	2 676 000	2 757 000
Total Retained Equity	120 000	0	0	0
Total Equity	220 000	305 000	295 000	258 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 954 000	3 650 000	2 381 000	2 500 000
Total Equity and Debt	4 174 000	3 955 000	2 676 000	2 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 042 000	9 806 000	8 907 000	9 331 000
Other Income	0	0	0	0
Revenue	10 042 000	9 806 000	8 907 000	9 331 000
Cost of Goods Sold	3 398 000	2 980 000	2 889 000	2 955 000
Salary Costs	2 866 000	3 178 000	3 484 000	3 818 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 390 000	7 229 000	7 446 000	7 892 000
Operating Profit	2 651 000	2 578 000	1 461 000	1 438 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	0	1 000	5 000
Financial Balance	−1 000	0	−1 000	−4 000
Dividends	2 150 000	2 000 000	1 100 000	1 100 000
Net Income	2 065 000	2 010 000	1 138 000	1 116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	10 000	3 000	3 000
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	0	0	0	0
Total Fixed Assets	5 000	10 000	3 000	3 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 905 000	3 216 000	1 832 000	1 354 000
Total Current Assets	4 169 000	3 945 000	2 673 000	2 754 000
Total Assets	4 174 000	3 955 000	2 676 000	2 757 000
Total Equity	220 000	305 000	295 000	258 000
Short-Term Group Debt	0	2 000 000	1 100 000	1 100 000
Total Long-Term Debt	0	0	0	0
Creditors	349 000	366 000	199 000	273 000
Unpaid Taxes	595 000	466 000	470 000	488 000
Dividends	2 150 000	2 000 000	1 100 000	1 100 000
Other Current Debt	280 000	242 000	289 000	322 000
Total Current Debt	3 954 000	3 650 000	2 381 000	2 500 000
Total Equity and Debt	4 174 000	3 955 000	2 676 000	2 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	938,64 %	659,02 %	385,76 %	432,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	26,4 %	26,29 %	16,4 %	15,41 %
Current Ratio	1,05	1,08	1,12	1,1
Quick Ratio	1,05	1,08	1,12	1,1
Equity Ratio	0,05	0,08	0,11	0,09
Gross Profit Margin	66,16 %	69,61 %	67,56 %	68,33 %