GRIMSTAD HOGST & VED AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

15,02 %

Current Ratio

4,36

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 891 000	3 252 000	2 077 000	3 957 000
Net Income	215 000	−291 000	−563 000	682 000
Total Assets	2 162 000	2 111 000	2 796 000	3 772 000
Total Equity	1 431 000	1 216 000	1 757 000	2 320 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 891 000	3 252 000	2 077 000	3 957 000
Expenditure	2 648 000	3 542 000	2 760 000	3 078 000
Operating Profit	244 000	−290 000	−684 000	880 000
Financial Income	0	0	0	1 000
Financial Costs	26 000	26 000	37 000	7 000
Financial Balance	−26 000	−26 000	−37 000	−6 000
Earnings Before Tax	218 000	−315 000	−721 000	874 000
Tax	3 000	−24 000	−159 000	192 000
Net Income	215 000	−291 000	−563 000	682 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	589 000	861 000	903 000	1 816 000
Total Current Assets	1 573 000	1 250 000	1 893 000	1 957 000
Total Assets	2 162 000	2 111 000	2 796 000	3 772 000
Total Retained Equity	1 331 000	1 116 000	1 657 000	2 220 000
Total Equity	1 431 000	1 216 000	1 757 000	2 320 000
Total Long-Term Debt	370 000	532 000	834 000	258 000
Total Current Debt	361 000	363 000	205 000	1 195 000
Total Equity and Debt	2 162 000	2 111 000	2 796 000	3 772 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 891 000	3 175 000	2 077 000	3 957 000
Other Income	0	77 000	0	0
Revenue	2 891 000	3 252 000	2 077 000	3 957 000
Cost of Goods Sold	592 000	1 484 000	909 000	1 097 000
Salary Costs	308 000	292 000	228 000	239 000
Depreciation	195 000	218 000	226 000	188 000
Impairment	0	0	0	0
Expenditure	2 648 000	3 542 000	2 760 000	3 078 000
Operating Profit	244 000	−290 000	−684 000	880 000
Financial Income	0	0	0	1 000
Financial Costs	26 000	26 000	37 000	7 000
Financial Balance	−26 000	−26 000	−37 000	−6 000
Dividends	0	0	0	0
Net Income	215 000	−291 000	−563 000	682 000

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	373 000	477 000	564 000	1 299 000
Fixtures	102 000	193 000	191 000	312 000
Total Tangible Assets	475 000	670 000	755 000	1 611 000
Total Fiancial Fixed Assets	114 000	191 000	148 000	205 000
Total Fixed Assets	589 000	861 000	903 000	1 816 000
Stock	0	0	50 000	0
Total Investments	0	0	0	0
Cash, Bank	687 000	403 000	1 003 000	705 000
Total Current Assets	1 573 000	1 250 000	1 893 000	1 957 000
Total Assets	2 162 000	2 111 000	2 796 000	3 772 000
Total Equity	1 431 000	1 216 000	1 757 000	2 320 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	370 000	532 000	834 000	258 000
Creditors	158 000	270 000	154 000	145 000
Unpaid Taxes	166 000	62 000	27 000	14 000
Dividends	0	0	0	0
Other Current Debt	36 000	31 000	24 000	884 000
Total Current Debt	361 000	363 000	205 000	1 195 000
Total Equity and Debt	2 162 000	2 111 000	2 796 000	3 772 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,02 %	−23,93 %	−32,04 %	29,4 %
Debt-to-Equity Ratio	0,26	0,44	0,47	0,11
Operating Profit Margin	8,44 %	−8,92 %	−32,93 %	22,24 %
Current Ratio	4,36	3,44	9,23	1,64
Quick Ratio	4,36	3,44	12,21	1,64
Equity Ratio	0,66	0,58	0,63	0,62
Gross Profit Margin	79,52 %	54,37 %	56,23 %	72,28 %