GRENLAND BLÅSEISOLERING AS

3732 SKIEN

Finances

Share Ownership

Return on Equity

57,31 %

Current Ratio

1,69

Debt-to-Equity Ratio

2,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 827 000	2 632 000	1 745 000	2 143 000
Net Income	98 000	192 000	−118 000	−142 000
Total Assets	1 001 000	931 000	607 000	890 000
Total Equity	171 000	173 000	−18 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 827 000	2 632 000	1 745 000	2 143 000
Expenditure	2 638 000	2 468 000	1 811 000	2 326 000
Operating Profit	189 000	164 000	−66 000	−184 000
Financial Income	0	0	0	2 000
Financial Costs	0	1 000	4 000	0
Financial Balance	0	−1 000	−4 000	2 000
Earnings Before Tax	189 000	164 000	−70 000	−182 000
Tax	91 000	−28 000	48 000	−40 000
Net Income	98 000	192 000	−118 000	−142 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	277 000	303 000	304 000	421 000
Total Current Assets	725 000	628 000	303 000	469 000
Total Assets	1 001 000	931 000	607 000	890 000
Total Retained Equity	71 000	73 000	−118 000	−2 000
Total Equity	171 000	173 000	−18 000	100 000
Total Long-Term Debt	400 000	402 000	440 000	0
Total Current Debt	430 000	355 000	185 000	790 000
Total Equity and Debt	1 001 000	931 000	607 000	890 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 723 000	2 632 000	1 745 000	2 143 000
Other Income	104 000	0	0	0
Revenue	2 827 000	2 632 000	1 745 000	2 143 000
Cost of Goods Sold	1 256 000	1 149 000	800 000	1 090 000
Salary Costs	943 000	948 000	662 000	744 000
Depreciation	96 000	79 000	69 000	147 000
Impairment	0	0	0	0
Expenditure	2 638 000	2 468 000	1 811 000	2 326 000
Operating Profit	189 000	164 000	−66 000	−184 000
Financial Income	0	0	0	2 000
Financial Costs	0	1 000	4 000	0
Financial Balance	0	−1 000	−4 000	2 000
Dividends	100 000	0	0	445 000
Net Income	98 000	192 000	−118 000	−142 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	28 000	0	48 000
Real Eastate	125 000	0	0	0
Machinery and Plant Facilities	0	0	0	293 000
Fixtures	146 000	275 000	304 000	80 000
Total Tangible Assets	271 000	275 000	304 000	373 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	277 000	303 000	304 000	421 000
Stock	28 000	103 000	0	0
Total Investments	0	0	0	0
Cash, Bank	528 000	410 000	260 000	237 000
Total Current Assets	725 000	628 000	303 000	469 000
Total Assets	1 001 000	931 000	607 000	890 000
Total Equity	171 000	173 000	−18 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	400 000	402 000	440 000	0
Creditors	0	96 000	41 000	134 000
Unpaid Taxes	151 000	165 000	54 000	113 000
Dividends	100 000	0	0	445 000
Other Current Debt	0	94 000	91 000	97 000
Total Current Debt	430 000	355 000	185 000	790 000
Total Equity and Debt	1 001 000	931 000	607 000	890 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,31 %	110,98 %	655,56 %	−142 %
Debt-to-Equity Ratio	2,34	2,32	−24,44	0
Operating Profit Margin	6,69 %	6,23 %	−3,78 %	−8,59 %
Current Ratio	1,69	1,77	1,64	0,59
Quick Ratio	1,8	2,49	1,64	0,59
Equity Ratio	0,17	0,19	−0,03	0,11
Gross Profit Margin	55,57 %	56,34 %	54,15 %	49,14 %