GROVFJORD SHIP INVEST AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

5,01 %

Current Ratio

4,1

Debt-to-Equity Ratio

4,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 626 000	3 539 000	3 879 000	3 261 000
Net Income	236 000	1 447 000	34 000	762 000
Total Assets	24 927 000	27 127 000	29 338 000	30 914 000
Total Equity	4 715 000	5 979 000	5 407 000	6 174 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 626 000	3 539 000	3 879 000	3 261 000
Expenditure	2 328 000	2 330 000	2 333 000	2 361 000
Operating Profit	1 298 000	1 208 000	1 546 000	900 000
Financial Income	1 000	833 000	0	284 000
Financial Costs	1 213 000	370 000	1 737 000	360 000
Financial Balance	−1 212 000	463 000	−1 737 000	−76 000
Earnings Before Tax	86 000	1 671 000	−190 000	823 000
Tax	−150 000	225 000	−224 000	61 000
Net Income	236 000	1 447 000	34 000	762 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 027 000	25 041 000	27 430 000	29 371 000
Total Current Assets	1 900 000	2 086 000	1 908 000	1 544 000
Total Assets	24 927 000	27 127 000	29 338 000	30 914 000
Total Retained Equity	1 465 000	2 078 000	857 000	973 000
Total Equity	4 715 000	5 979 000	5 407 000	6 174 000
Total Long-Term Debt	19 749 000	20 793 000	23 540 000	24 246 000
Total Current Debt	463 000	355 000	391 000	495 000
Total Equity and Debt	24 927 000	27 127 000	29 338 000	30 914 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 626 000	3 539 000	3 879 000	3 261 000
Revenue	3 626 000	3 539 000	3 879 000	3 261 000
Cost of Goods Sold	0	0	0	0
Salary Costs	63 000	63 000	63 000	75 000
Depreciation	2 165 000	2 165 000	2 165 000	2 165 000
Impairment	0	0	0	0
Expenditure	2 328 000	2 330 000	2 333 000	2 361 000
Operating Profit	1 298 000	1 208 000	1 546 000	900 000
Financial Income	1 000	833 000	0	284 000
Financial Costs	1 213 000	370 000	1 737 000	360 000
Financial Balance	−1 212 000	463 000	−1 737 000	−76 000
Dividends	0	0	0	0
Net Income	236 000	1 447 000	34 000	762 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	582 000	431 000	655 000	431 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	22 445 000	24 610 000	26 775 000	28 940 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 027 000	25 041 000	27 430 000	29 371 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	948 000	1 260 000	1 049 000	760 000
Total Current Assets	1 900 000	2 086 000	1 908 000	1 544 000
Total Assets	24 927 000	27 127 000	29 338 000	30 914 000
Total Equity	4 715 000	5 979 000	5 407 000	6 174 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 749 000	20 793 000	23 540 000	24 246 000
Creditors	50 000	16 000	33 000	17 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	412 000	339 000	358 000	477 000
Total Current Debt	463 000	355 000	391 000	495 000
Total Equity and Debt	24 927 000	27 127 000	29 338 000	30 914 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,01 %	24,2 %	0,63 %	12,34 %
Debt-to-Equity Ratio	4,19	3,48	4,35	3,93
Operating Profit Margin	35,8 %	34,13 %	39,86 %	27,6 %
Current Ratio	4,1	5,88	4,88	3,12
Quick Ratio	4,1	5,88	4,88	3,12
Equity Ratio	0,19	0,22	0,18	0,2
Gross Profit Margin	100 %	100 %	100 %	100 %