GRØNAASEN AS

3772 KRAGERØ

Finances

Return on Equity

25,39 %

Current Ratio

1,38

Debt-to-Equity Ratio

1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	163 192 000	142 203 000	143 939 000	122 052 000
Net Income	7 799 000	3 380 000	4 521 000	1 950 000
Total Assets	89 852 000	82 943 000	89 474 000	72 139 000
Total Equity	30 714 000	25 037 000	23 015 000	19 499 000

Income (NOK)	2022	2021	2020	2019
Revenue	163 192 000	142 203 000	143 939 000	122 052 000
Expenditure	152 039 000	136 996 000	136 631 000	118 500 000
Operating Profit	11 154 000	5 207 000	7 307 000	3 553 000
Financial Income	300 000	125 000	1 081 000	377 000
Financial Costs	1 604 000	1 230 000	2 536 000	1 472 000
Financial Balance	−1 304 000	−1 105 000	−1 455 000	−1 095 000
Earnings Before Tax	9 849 000	4 102 000	5 852 000	2 458 000
Tax	2 050 000	723 000	1 331 000	508 000
Net Income	7 799 000	3 380 000	4 521 000	1 950 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 649 000	56 358 000	63 732 000	42 714 000
Total Current Assets	33 204 000	26 585 000	25 742 000	29 425 000
Total Assets	89 852 000	82 943 000	89 474 000	72 139 000
Total Retained Equity	24 700 000	19 796 000	18 180 000	19 465 000
Total Equity	30 714 000	25 037 000	23 015 000	19 499 000
Total Long-Term Debt	35 035 000	36 681 000	45 118 000	24 467 000
Total Current Debt	24 103 000	21 224 000	21 341 000	28 173 000
Total Equity and Debt	89 852 000	82 943 000	89 474 000	72 139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	157 720 000	136 052 000	142 184 000	120 080 000
Other Income	5 472 000	6 151 000	1 755 000	1 972 000
Revenue	163 192 000	142 203 000	143 939 000	122 052 000
Cost of Goods Sold	27 776 000	25 458 000	28 365 000	28 277 000
Salary Costs	42 901 000	39 889 000	37 356 000	30 537 000
Depreciation	7 168 000	6 932 000	8 787 000	4 815 000
Impairment	0	0	0	0
Expenditure	152 039 000	136 996 000	136 631 000	118 500 000
Operating Profit	11 154 000	5 207 000	7 307 000	3 553 000
Financial Income	300 000	125 000	1 081 000	377 000
Financial Costs	1 604 000	1 230 000	2 536 000	1 472 000
Financial Balance	−1 304 000	−1 105 000	−1 455 000	−1 095 000
Dividends	3 700 000	0	0	0
Net Income	7 799 000	3 380 000	4 521 000	1 950 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 298 000	1 947 000	2 596 000	0
Total Intangible Assets	1 298 000	1 947 000	2 596 000	0
Real Eastate	12 386 000	12 977 000	12 740 000	6 248 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	41 211 000	40 256 000	46 929 000	35 018 000
Total Tangible Assets	53 597 000	53 233 000	59 669 000	41 267 000
Total Fiancial Fixed Assets	1 753 000	1 178 000	1 467 000	1 448 000
Total Fixed Assets	56 649 000	56 358 000	63 732 000	42 714 000
Stock	1 191 000	1 164 000	595 000	560 000
Total Investments	0	934 000	913 000	1 590 000
Cash, Bank	8 712 000	6 767 000	6 187 000	5 266 000
Total Current Assets	33 204 000	26 585 000	25 742 000	29 425 000
Total Assets	89 852 000	82 943 000	89 474 000	72 139 000
Total Equity	30 714 000	25 037 000	23 015 000	19 499 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 035 000	36 681 000	45 118 000	24 467 000
Creditors	9 628 000	10 389 000	9 855 000	9 389 000
Unpaid Taxes	4 061 000	3 686 000	3 801 000	3 275 000
Dividends	3 700 000	0	0	0
Other Current Debt	6 669 000	5 223 000	5 139 000	4 307 000
Total Current Debt	24 103 000	21 224 000	21 341 000	28 173 000
Total Equity and Debt	89 852 000	82 943 000	89 474 000	72 139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,39 %	13,5 %	19,64 %	10 %
Debt-to-Equity Ratio	1,14	1,47	1,96	1,25
Operating Profit Margin	6,83 %	3,66 %	5,08 %	2,91 %
Current Ratio	1,38	1,25	1,21	1,04
Quick Ratio	1,45	1,33	1,24	1,07
Equity Ratio	0,34	0,3	0,26	0,27
Gross Profit Margin	82,98 %	82,1 %	80,29 %	76,83 %