GRANDAL VEISERVICE AS

4790 LILLESAND

Finances

Return on Equity

73,82 %

Current Ratio

0,87

Debt-to-Equity Ratio

12,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 074 000	14 757 000	12 122 000	58 733 000
Net Income	3 967 000	412 000	90 000	−312 000
Total Assets	74 602 000	72 708 000	74 149 000	42 364 000
Total Equity	5 374 000	1 407 000	1 463 000	1 373 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 074 000	14 757 000	12 122 000	58 733 000
Expenditure	15 529 000	14 022 000	11 952 000	58 866 000
Operating Profit	544 000	734 000	170 000	−134 000
Financial Income	3 702 000	0	4 000	2 000
Financial Costs	1 000	0	3 000	1 000
Financial Balance	3 701 000	0	1 000	1 000
Earnings Before Tax	4 246 000	734 000	170 000	−133 000
Tax	279 000	322 000	80 000	179 000
Net Income	3 967 000	412 000	90 000	−312 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 911 000	71 160 000	72 355 000	39 202 000
Total Current Assets	1 691 000	1 548 000	1 795 000	3 162 000
Total Assets	74 602 000	72 708 000	74 149 000	42 364 000
Total Retained Equity	2 986 000	−981 000	−925 000	−1 015 000
Total Equity	5 374 000	1 407 000	1 463 000	1 373 000
Total Long-Term Debt	67 280 000	72 123 000	69 040 000	35 656 000
Total Current Debt	1 948 000	−822 000	3 646 000	5 335 000
Total Equity and Debt	74 602 000	72 708 000	74 149 000	42 364 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 564 000	11 745 000	10 855 000	57 746 000
Other Income	4 510 000	3 012 000	1 267 000	987 000
Revenue	16 074 000	14 757 000	12 122 000	58 733 000
Cost of Goods Sold	5 201 000	4 876 000	4 359 000	51 167 000
Salary Costs	4 770 000	4 109 000	3 437 000	3 389 000
Depreciation	2 679 000	2 680 000	2 191 000	2 487 000
Impairment	0	0	0	0
Expenditure	15 529 000	14 022 000	11 952 000	58 866 000
Operating Profit	544 000	734 000	170 000	−134 000
Financial Income	3 702 000	0	4 000	2 000
Financial Costs	1 000	0	3 000	1 000
Financial Balance	3 701 000	0	1 000	1 000
Dividends	0	0	0	0
Net Income	3 967 000	412 000	90 000	−312 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	72 479 000	69 534 000	70 160 000	36 941 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	432 000	532 000	695 000	761 000
Total Tangible Assets	72 910 000	70 066 000	70 855 000	37 702 000
Total Fiancial Fixed Assets	1 000	1 094 000	1 500 000	1 500 000
Total Fixed Assets	72 911 000	71 160 000	72 355 000	39 202 000
Stock	654 000	617 000	625 000	620 000
Total Investments	0	0	0	0
Cash, Bank	586 000	281 000	892 000	2 272 000
Total Current Assets	1 691 000	1 548 000	1 795 000	3 162 000
Total Assets	74 602 000	72 708 000	74 149 000	42 364 000
Total Equity	5 374 000	1 407 000	1 463 000	1 373 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	67 280 000	72 123 000	69 040 000	35 656 000
Creditors	478 000	−2 567 000	2 720 000	4 874 000
Unpaid Taxes	365 000	606 000	−408 000	−304 000
Dividends	0	0	0	0
Other Current Debt	826 000	817 000	1 253 000	585 000
Total Current Debt	1 948 000	−822 000	3 646 000	5 335 000
Total Equity and Debt	74 602 000	72 708 000	74 149 000	42 364 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,82 %	29,28 %	6,15 %	−22,72 %
Debt-to-Equity Ratio	12,52	51,26	47,19	25,97
Operating Profit Margin	3,38 %	4,97 %	1,4 %	−0,23 %
Current Ratio	0,87	−1,88	0,49	0,59
Quick Ratio	1,31	−1,08	0,59	0,67
Equity Ratio	0,07	0,02	0,02	0,03
Gross Profit Margin	67,64 %	66,96 %	64,04 %	12,88 %