GRONG RØR AS

7870 GRONG

Finances

Share Ownership

Return on Equity

16,42 %

Current Ratio

1,28

Debt-to-Equity Ratio

1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 343 000	3 873 000	2 113 000	2 541 000
Net Income	236 000	381 000	−59 000	254 000
Total Assets	4 442 000	3 474 000	2 718 000	2 510 000
Total Equity	1 437 000	1 201 000	820 000	879 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 343 000	3 873 000	2 113 000	2 541 000
Expenditure	4 959 000	3 323 000	2 136 000	2 166 000
Operating Profit	384 000	549 000	−23 000	376 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	83 000	62 000	54 000	52 000
Financial Balance	−82 000	−61 000	−52 000	−50 000
Earnings Before Tax	302 000	488 000	−76 000	326 000
Tax	67 000	107 000	−17 000	72 000
Net Income	236 000	381 000	−59 000	254 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 688 000	2 119 000	1 843 000	1 882 000
Total Current Assets	1 754 000	1 355 000	875 000	627 000
Total Assets	4 442 000	3 474 000	2 718 000	2 510 000
Total Retained Equity	1 407 000	1 171 000	790 000	849 000
Total Equity	1 437 000	1 201 000	820 000	879 000
Total Long-Term Debt	1 632 000	1 448 000	1 184 000	1 069 000
Total Current Debt	1 373 000	825 000	715 000	561 000
Total Equity and Debt	4 442 000	3 474 000	2 718 000	2 510 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 313 000	3 873 000	2 113 000	2 452 000
Other Income	30 000	0	0	90 000
Revenue	5 343 000	3 873 000	2 113 000	2 541 000
Cost of Goods Sold	2 059 000	1 717 000	1 117 000	1 080 000
Salary Costs	1 738 000	861 000	537 000	634 000
Depreciation	363 000	221 000	141 000	92 000
Impairment	0	0	0	0
Expenditure	4 959 000	3 323 000	2 136 000	2 166 000
Operating Profit	384 000	549 000	−23 000	376 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	83 000	62 000	54 000	52 000
Financial Balance	−82 000	−61 000	−52 000	−50 000
Dividends	0	0	0	0
Net Income	236 000	381 000	−59 000	254 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	931 000	934 000	975 000	946 000
Machinery and Plant Facilities	526 000	328 000	368 000	426 000
Fixtures	1 231 000	857 000	501 000	511 000
Total Tangible Assets	2 688 000	2 119 000	1 843 000	1 882 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 688 000	2 119 000	1 843 000	1 882 000
Stock	666 000	489 000	401 000	447 000
Total Investments	0	0	0	0
Cash, Bank	320 000	324 000	188 000	27 000
Total Current Assets	1 754 000	1 355 000	875 000	627 000
Total Assets	4 442 000	3 474 000	2 718 000	2 510 000
Total Equity	1 437 000	1 201 000	820 000	879 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 632 000	1 448 000	1 184 000	1 069 000
Creditors	477 000	200 000	238 000	49 000
Unpaid Taxes	265 000	165 000	135 000	71 000
Dividends	0	0	0	0
Other Current Debt	576 000	359 000	342 000	404 000
Total Current Debt	1 373 000	825 000	715 000	561 000
Total Equity and Debt	4 442 000	3 474 000	2 718 000	2 510 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,42 %	31,72 %	−7,2 %	28,9 %
Debt-to-Equity Ratio	1,14	1,21	1,44	1,22
Operating Profit Margin	7,19 %	14,18 %	−1,09 %	14,8 %
Current Ratio	1,28	1,64	1,22	1,12
Quick Ratio	2,48	4,03	2,79	5,5
Equity Ratio	0,32	0,35	0,3	0,35
Gross Profit Margin	61,46 %	55,67 %	47,14 %	57,5 %