GRINDALEN SERVICE AS

3681 NOTODDEN

Finances

Share Ownership

Return on Equity

−16,29 %

Current Ratio

0,56

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	808 000	822 000	815 000	738 000
Net Income	43 000	−6 000	6 000	−104 000
Total Assets	844 000	821 000	676 000	559 000
Total Equity	−264 000	−304 000	−298 000	−304 000

Income (NOK)	2022	2021	2020	2019
Revenue	808 000	822 000	815 000	738 000
Expenditure	693 000	820 000	841 000	829 000
Operating Profit	115 000	3 000	−26 000	−90 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	115 000	3 000	−26 000	−90 000
Tax	72 000	9 000	−32 000	13 000
Net Income	43 000	−6 000	6 000	−104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	225 000	473 000	295 000	444 000
Total Current Assets	618 000	348 000	381 000	116 000
Total Assets	844 000	821 000	676 000	559 000
Total Retained Equity	−294 000	−334 000	−328 000	−334 000
Total Equity	−264 000	−304 000	−298 000	−304 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 108 000	1 126 000	974 000	863 000
Total Equity and Debt	844 000	821 000	676 000	559 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	808 000	822 000	796 000	738 000
Other Income	0	0	19 000	0
Revenue	808 000	822 000	815 000	738 000
Cost of Goods Sold	49 000	82 000	120 000	37 000
Salary Costs	91 000	62 000	61 000	62 000
Depreciation	87 000	103 000	124 000	278 000
Impairment	0	0	0	0
Expenditure	693 000	820 000	841 000	829 000
Operating Profit	115 000	3 000	−26 000	−90 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	43 000	−6 000	6 000	−104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	61 000	70 000	37 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	84 000	0	225 000	357 000
Fixtures	141 000	412 000	0	0
Total Tangible Assets	225 000	412 000	225 000	357 000
Total Fiancial Fixed Assets	0	0	0	50 000
Total Fixed Assets	225 000	473 000	295 000	444 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	43 000	52 000	48 000	32 000
Total Current Assets	618 000	348 000	381 000	116 000
Total Assets	844 000	821 000	676 000	559 000
Total Equity	−264 000	−304 000	−298 000	−304 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	150 000	188 000	110 000	95 000
Unpaid Taxes	120 000	73 000	47 000	24 000
Dividends	0	0	0	0
Other Current Debt	827 000	864 000	815 000	738 000
Total Current Debt	1 108 000	1 126 000	974 000	863 000
Total Equity and Debt	844 000	821 000	676 000	559 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,29 %	1,97 %	−2,01 %	34,21 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	14,23 %	0,36 %	−3,19 %	−12,2 %
Current Ratio	0,56	0,31	0,39	0,13
Quick Ratio	0,56	0,31	0,39	0,13
Equity Ratio	−0,31	−0,37	−0,44	−0,54
Gross Profit Margin	93,94 %	90,02 %	85,28 %	94,99 %