GROVE-KNUTSEN & CO AS

0663 OSLO

Finances

Share Ownership

Return on Equity

7,69 %

Current Ratio

2,96

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	226 352 000	196 628 000	183 227 000	179 968 000
Net Income	4 631 000	6 494 000	5 946 000	2 810 000
Total Assets	97 697 000	88 132 000	80 690 000	86 664 000
Total Equity	60 188 000	57 557 000	52 063 000	46 117 000

Income (NOK)	2022	2021	2020	2019
Revenue	226 352 000	196 628 000	183 227 000	179 968 000
Expenditure	220 382 000	185 128 000	177 542 000	177 185 000
Operating Profit	5 970 000	11 499 000	5 684 000	2 783 000
Financial Income	2 749 000	912 000	4 858 000	2 622 000
Financial Costs	2 768 000	4 081 000	2 915 000	1 792 000
Financial Balance	−19 000	−3 169 000	1 943 000	830 000
Earnings Before Tax	5 951 000	8 330 000	7 627 000	3 612 000
Tax	1 320 000	1 836 000	1 681 000	802 000
Net Income	4 631 000	6 494 000	5 946 000	2 810 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 571 000	2 163 000	2 848 000	3 782 000
Total Current Assets	96 126 000	85 968 000	77 842 000	82 882 000
Total Assets	97 697 000	88 132 000	80 690 000	86 664 000
Total Retained Equity	50 468 000	47 837 000	42 343 000	36 397 000
Total Equity	60 188 000	57 557 000	52 063 000	46 117 000
Total Long-Term Debt	5 000 000	7 000 000	7 000 000	23 098 000
Total Current Debt	32 509 000	23 574 000	21 627 000	17 448 000
Total Equity and Debt	97 697 000	88 132 000	80 690 000	86 664 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	226 352 000	196 628 000	183 227 000	179 968 000
Other Income	0	0	0	0
Revenue	226 352 000	196 628 000	183 227 000	179 968 000
Cost of Goods Sold	152 536 000	132 550 000	128 514 000	125 400 000
Salary Costs	38 008 000	28 972 000	25 260 000	27 534 000
Depreciation	889 000	1 037 000	1 334 000	1 865 000
Impairment	0	0	0	0
Expenditure	220 382 000	185 128 000	177 542 000	177 185 000
Operating Profit	5 970 000	11 499 000	5 684 000	2 783 000
Financial Income	2 749 000	912 000	4 858 000	2 622 000
Financial Costs	2 768 000	4 081 000	2 915 000	1 792 000
Financial Balance	−19 000	−3 169 000	1 943 000	830 000
Dividends	2 000 000	1 000 000	0	0
Net Income	4 631 000	6 494 000	5 946 000	2 810 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	431 000	240 000	281 000	130 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	134 000	498 000	992 000	1 601 000
Fixtures	1 005 000	1 426 000	1 575 000	2 050 000
Total Tangible Assets	1 140 000	1 924 000	2 568 000	3 652 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 571 000	2 163 000	2 848 000	3 782 000
Stock	42 356 000	32 100 000	36 130 000	38 749 000
Total Investments	0	0	0	0
Cash, Bank	7 376 000	11 093 000	9 606 000	14 850 000
Total Current Assets	96 126 000	85 968 000	77 842 000	82 882 000
Total Assets	97 697 000	88 132 000	80 690 000	86 664 000
Total Equity	60 188 000	57 557 000	52 063 000	46 117 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000 000	7 000 000	7 000 000	23 098 000
Creditors	8 163 000	6 077 000	6 739 000	5 302 000
Unpaid Taxes	9 535 000	8 862 000	7 612 000	6 978 000
Dividends	2 000 000	1 000 000	0	0
Other Current Debt	11 232 000	5 753 000	5 387 000	4 288 000
Total Current Debt	32 509 000	23 574 000	21 627 000	17 448 000
Total Equity and Debt	97 697 000	88 132 000	80 690 000	86 664 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,69 %	11,28 %	11,42 %	6,09 %
Debt-to-Equity Ratio	0,08	0,12	0,13	0,5
Operating Profit Margin	2,64 %	5,85 %	3,1 %	1,55 %
Current Ratio	2,96	3,65	3,6	4,75
Quick Ratio	−9,76	−10,08	−5,37	−3,89
Equity Ratio	0,62	0,65	0,65	0,53
Gross Profit Margin	32,61 %	32,59 %	29,86 %	30,32 %