GROVFJORDPUMPA AS

9440 EVENSKJER

Finances

Return on Equity

14,52 %

Current Ratio

3,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 398 000	3 892 000	3 506 000	2 913 000
Net Income	169 000	117 000	39 000	58 000
Total Assets	1 567 000	1 319 000	1 367 000	1 362 000
Total Equity	1 164 000	995 000	878 000	839 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 398 000	3 892 000	3 506 000	2 913 000
Expenditure	7 178 000	3 741 000	3 446 000	2 836 000
Operating Profit	220 000	152 000	60 000	77 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	1 000	2 000	3 000
Financial Balance	1 000	−1 000	−2 000	−2 000
Earnings Before Tax	221 000	150 000	57 000	75 000
Tax	52 000	33 000	18 000	16 000
Net Income	169 000	117 000	39 000	58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	175 000	195 000	215 000	235 000
Total Current Assets	1 392 000	1 124 000	1 152 000	1 127 000
Total Assets	1 567 000	1 319 000	1 367 000	1 362 000
Total Retained Equity	973 000	804 000	687 000	648 000
Total Equity	1 164 000	995 000	878 000	839 000
Total Long-Term Debt	0	2 000	22 000	42 000
Total Current Debt	403 000	322 000	467 000	482 000
Total Equity and Debt	1 567 000	1 319 000	1 367 000	1 362 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 398 000	3 892 000	3 506 000	2 913 000
Other Income	0	0	0	0
Revenue	7 398 000	3 892 000	3 506 000	2 913 000
Cost of Goods Sold	6 918 000	3 552 000	3 223 000	2 663 000
Salary Costs	63 000	32 000	32 000	32 000
Depreciation	21 000	21 000	21 000	21 000
Impairment	0	0	0	0
Expenditure	7 178 000	3 741 000	3 446 000	2 836 000
Operating Profit	220 000	152 000	60 000	77 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	1 000	2 000	3 000
Financial Balance	1 000	−1 000	−2 000	−2 000
Dividends	0	0	0	0
Net Income	169 000	117 000	39 000	58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	67 000	66 000	65 000	64 000
Real Eastate	108 000	129 000	150 000	171 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	108 000	129 000	150 000	171 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	175 000	195 000	215 000	235 000
Stock	313 000	278 000	219 000	243 000
Total Investments	0	0	0	0
Cash, Bank	825 000	687 000	846 000	776 000
Total Current Assets	1 392 000	1 124 000	1 152 000	1 127 000
Total Assets	1 567 000	1 319 000	1 367 000	1 362 000
Total Equity	1 164 000	995 000	878 000	839 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	22 000	42 000
Creditors	321 000	267 000	374 000	444 000
Unpaid Taxes	28 000	14 000	73 000	14 000
Dividends	0	0	0	0
Other Current Debt	1 000	7 000	1 000	6 000
Total Current Debt	403 000	322 000	467 000	482 000
Total Equity and Debt	1 567 000	1 319 000	1 367 000	1 362 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,52 %	11,76 %	4,44 %	6,91 %
Debt-to-Equity Ratio	0	0	0,03	0,05
Operating Profit Margin	2,97 %	3,91 %	1,71 %	2,64 %
Current Ratio	3,45	3,49	2,47	2,34
Quick Ratio	15,47	25,55	4,65	4,72
Equity Ratio	0,74	0,75	0,64	0,62
Gross Profit Margin	6,49 %	8,74 %	8,07 %	8,58 %