GRØNHAUG KRAFTVERK A/S

5729 MODALEN

Finances

Share Ownership

Return on Equity

42,68 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 955 000	2 905 000	468 000	1 602 000
Net Income	2 169 000	576 000	−225 000	310 000
Total Assets	10 990 000	6 626 000	4 275 000	5 921 000
Total Equity	5 082 000	2 913 000	2 507 000	2 732 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 955 000	2 905 000	468 000	1 602 000
Expenditure	6 214 000	2 180 000	753 000	1 158 000
Operating Profit	2 740 000	725 000	−286 000	444 000
Financial Income	48 000	15 000	21 000	22 000
Financial Costs	8 000	2 000	23 000	68 000
Financial Balance	40 000	13 000	−2 000	−46 000
Earnings Before Tax	2 781 000	738 000	−288 000	398 000
Tax	612 000	162 000	−63 000	87 000
Net Income	2 169 000	576 000	−225 000	310 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 731 000	3 806 000	3 915 000	4 026 000
Total Current Assets	7 260 000	2 821 000	360 000	1 895 000
Total Assets	10 990 000	6 626 000	4 275 000	5 921 000
Total Retained Equity	5 052 000	2 883 000	2 307 000	2 532 000
Total Equity	5 082 000	2 913 000	2 507 000	2 732 000
Total Long-Term Debt	432 000	472 000	512 000	2 272 000
Total Current Debt	5 476 000	3 241 000	1 256 000	916 000
Total Equity and Debt	10 990 000	6 626 000	4 275 000	5 921 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 955 000	2 905 000	468 000	1 602 000
Other Income	0	0	0	0
Revenue	8 955 000	2 905 000	468 000	1 602 000
Cost of Goods Sold	17 000	0	0	0
Salary Costs	0	1 000	0	0
Depreciation	112 000	112 000	112 000	112 000
Impairment	0	0	0	0
Expenditure	6 214 000	2 180 000	753 000	1 158 000
Operating Profit	2 740 000	725 000	−286 000	444 000
Financial Income	48 000	15 000	21 000	22 000
Financial Costs	8 000	2 000	23 000	68 000
Financial Balance	40 000	13 000	−2 000	−46 000
Dividends	0	0	0	0
Net Income	2 169 000	576 000	−225 000	310 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	5 000	1 000	0
Real Eastate	3 692 000	3 778 000	3 865 000	3 952 000
Machinery and Plant Facilities	0	23 000	49 000	74 000
Fixtures	12 000	0	0	0
Total Tangible Assets	3 704 000	3 801 000	3 914 000	4 026 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 731 000	3 806 000	3 915 000	4 026 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 641 000	2 351 000	125 000	1 668 000
Total Current Assets	7 260 000	2 821 000	360 000	1 895 000
Total Assets	10 990 000	6 626 000	4 275 000	5 921 000
Total Equity	5 082 000	2 913 000	2 507 000	2 732 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	432 000	472 000	512 000	2 272 000
Creditors	34 000	12 000	0	144 000
Unpaid Taxes	41 000	269 000	8 000	15 000
Dividends	0	0	0	0
Other Current Debt	4 767 000	2 793 000	1 247 000	668 000
Total Current Debt	5 476 000	3 241 000	1 256 000	916 000
Total Equity and Debt	10 990 000	6 626 000	4 275 000	5 921 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,68 %	19,77 %	−8,97 %	11,35 %
Debt-to-Equity Ratio	0,09	0,16	0,2	0,83
Operating Profit Margin	30,6 %	24,96 %	−61,11 %	27,72 %
Current Ratio	1,33	0,87	0,29	2,07
Quick Ratio	1,33	0,87	0,29	2,07
Equity Ratio	0,46	0,44	0,59	0,46
Gross Profit Margin	99,81 %	100 %	100 %	100 %