GRIMSTAD KJØLESERVICE AS

4878 GRIMSTAD

Finances

Share Ownership

Return on Equity

45,98 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	867 000	839 000	757 000	873 000
Net Income	480 000	506 000	453 000	363 000
Total Assets	2 183 000	1 924 000	3 405 000	2 915 000
Total Equity	1 044 000	1 064 000	1 057 000	1 105 000

Income (NOK)	2022	2021	2020	2019
Revenue	867 000	839 000	757 000	873 000
Expenditure	251 000	192 000	186 000	418 000
Operating Profit	616 000	647 000	571 000	454 000
Financial Income	0	2 000	10 000	11 000
Financial Costs	0	0	0	0
Financial Balance	0	2 000	10 000	11 000
Earnings Before Tax	616 000	649 000	580 000	466 000
Tax	135 000	143 000	128 000	103 000
Net Income	480 000	506 000	453 000	363 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	785 000	814 000	871 000	937 000
Total Current Assets	1 398 000	1 109 000	2 534 000	1 978 000
Total Assets	2 183 000	1 924 000	3 405 000	2 915 000
Total Retained Equity	944 000	964 000	957 000	1 005 000
Total Equity	1 044 000	1 064 000	1 057 000	1 105 000
Total Long-Term Debt	0	0	0	1 044 000
Total Current Debt	1 139 000	860 000	2 348 000	766 000
Total Equity and Debt	2 183 000	1 924 000	3 405 000	2 915 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	10 000
Other Income	867 000	839 000	757 000	863 000
Revenue	867 000	839 000	757 000	873 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 000	0	0	0
Depreciation	28 000	62 000	73 000	73 000
Impairment	0	0	0	0
Expenditure	251 000	192 000	186 000	418 000
Operating Profit	616 000	647 000	571 000	454 000
Financial Income	0	2 000	10 000	11 000
Financial Costs	0	0	0	0
Financial Balance	0	2 000	10 000	11 000
Dividends	500 000	500 000	500 000	500 000
Net Income	480 000	506 000	453 000	363 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 000	42 000	37 000	30 000
Real Eastate	744 000	772 000	828 000	895 000
Machinery and Plant Facilities	0	0	6 000	12 000
Fixtures	0	0	0	0
Total Tangible Assets	744 000	772 000	834 000	907 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	785 000	814 000	871 000	937 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 360 000	904 000	2 486 000	1 713 000
Total Current Assets	1 398 000	1 109 000	2 534 000	1 978 000
Total Assets	2 183 000	1 924 000	3 405 000	2 915 000
Total Equity	1 044 000	1 064 000	1 057 000	1 105 000
Short-Term Group Debt	311 000	0	1 521 000	0
Total Long-Term Debt	0	0	0	1 044 000
Creditors	0	9 000	6 000	6 000
Unpaid Taxes	178 000	191 000	174 000	144 000
Dividends	500 000	500 000	500 000	500 000
Other Current Debt	16 000	12 000	12 000	11 000
Total Current Debt	1 139 000	860 000	2 348 000	766 000
Total Equity and Debt	2 183 000	1 924 000	3 405 000	2 915 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,98 %	47,56 %	42,86 %	32,85 %
Debt-to-Equity Ratio	0	0	0	0,94
Operating Profit Margin	71,05 %	77,12 %	75,43 %	52 %
Current Ratio	1,23	1,29	1,08	2,58
Quick Ratio	1,23	1,29	1,08	2,58
Equity Ratio	0,48	0,55	0,31	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %