GRIDSVÅG AS

7200 KYRKSÆTERØRA

Finances

Share Ownership

Return on Equity

6,36 %

Current Ratio

1,71

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	960 000	892 000	857 000	1 026 000
Net Income	7 000	15 000	21 000	18 000
Total Assets	326 000	263 000	248 000	214 000
Total Equity	110 000	103 000	88 000	67 000

Income (NOK)	2022	2021	2020	2019
Revenue	960 000	892 000	857 000	1 026 000
Expenditure	953 000	877 000	834 000	1 007 000
Operating Profit	7 000	15 000	23 000	19 000
Financial Income	0	1 000	0	1 000
Financial Costs	0	0	2 000	1 000
Financial Balance	0	1 000	−2 000	0
Earnings Before Tax	7 000	15 000	21 000	18 000
Tax	0	0	0	0
Net Income	7 000	15 000	21 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	326 000	263 000	248 000	214 000
Total Assets	326 000	263 000	248 000	214 000
Total Retained Equity	80 000	73 000	58 000	37 000
Total Equity	110 000	103 000	88 000	67 000
Total Long-Term Debt	25 000	0	0	0
Total Current Debt	191 000	160 000	161 000	147 000
Total Equity and Debt	326 000	263 000	248 000	214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	898 000	892 000	857 000	1 026 000
Other Income	62 000	0	0	0
Revenue	960 000	892 000	857 000	1 026 000
Cost of Goods Sold	0	0	0	0
Salary Costs	784 000	679 000	654 000	816 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	953 000	877 000	834 000	1 007 000
Operating Profit	7 000	15 000	23 000	19 000
Financial Income	0	1 000	0	1 000
Financial Costs	0	0	2 000	1 000
Financial Balance	0	1 000	−2 000	0
Dividends	0	0	0	0
Net Income	7 000	15 000	21 000	18 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	86 000	144 000	116 000	200 000
Total Current Assets	326 000	263 000	248 000	214 000
Total Assets	326 000	263 000	248 000	214 000
Total Equity	110 000	103 000	88 000	67 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 000	0	0	0
Creditors	1 000	0	13 000	7 000
Unpaid Taxes	82 000	67 000	63 000	40 000
Dividends	0	0	0	0
Other Current Debt	108 000	93 000	85 000	100 000
Total Current Debt	191 000	160 000	161 000	147 000
Total Equity and Debt	326 000	263 000	248 000	214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,36 %	14,56 %	23,86 %	26,87 %
Debt-to-Equity Ratio	0,23	0	0	0
Operating Profit Margin	0,73 %	1,68 %	2,68 %	1,85 %
Current Ratio	1,71	1,64	1,54	1,46
Quick Ratio	1,71	1,64	1,54	1,46
Equity Ratio	0,34	0,39	0,35	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %