GRØSNES AS

9470 GRATANGEN

Finances

Share Ownership

Return on Equity

16,11 %

Current Ratio

5,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 218 000	1 309 000	1 252 000	894 000
Net Income	184 000	343 000	301 000	130 000
Total Assets	1 398 000	1 323 000	941 000	511 000
Total Equity	1 142 000	958 000	615 000	314 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 218 000	1 309 000	1 252 000	894 000
Expenditure	983 000	870 000	870 000	765 000
Operating Profit	235 000	439 000	382 000	130 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	236 000	439 000	382 000	130 000
Tax	52 000	97 000	81 000	0
Net Income	184 000	343 000	301 000	130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 000	16 000	19 000	24 000
Total Current Assets	1 326 000	1 307 000	922 000	487 000
Total Assets	1 398 000	1 323 000	941 000	511 000
Total Retained Equity	1 112 000	928 000	585 000	284 000
Total Equity	1 142 000	958 000	615 000	314 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	256 000	365 000	326 000	197 000
Total Equity and Debt	1 398 000	1 323 000	941 000	511 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 218 000	1 309 000	1 252 000	894 000
Other Income	0	0	0	0
Revenue	1 218 000	1 309 000	1 252 000	894 000
Cost of Goods Sold	0	0	0	0
Salary Costs	702 000	677 000	666 000	608 000
Depreciation	18 000	4 000	5 000	6 000
Impairment	0	0	0	0
Expenditure	983 000	870 000	870 000	765 000
Operating Profit	235 000	439 000	382 000	130 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	184 000	343 000	301 000	130 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	12 000	16 000	19 000	0
Fixtures	60 000	0	0	24 000
Total Tangible Assets	72 000	16 000	19 000	24 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	72 000	16 000	19 000	24 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 187 000	1 176 000	804 000	372 000
Total Current Assets	1 326 000	1 307 000	922 000	487 000
Total Assets	1 398 000	1 323 000	941 000	511 000
Total Equity	1 142 000	958 000	615 000	314 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	15 000	3 000	4 000
Unpaid Taxes	76 000	114 000	78 000	54 000
Dividends	0	0	0	0
Other Current Debt	109 000	139 000	164 000	139 000
Total Current Debt	256 000	365 000	326 000	197 000
Total Equity and Debt	1 398 000	1 323 000	941 000	511 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,11 %	35,8 %	48,94 %	41,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,29 %	33,54 %	30,51 %	14,54 %
Current Ratio	5,18	3,58	2,83	2,47
Quick Ratio	5,18	3,58	2,83	2,47
Equity Ratio	0,82	0,72	0,65	0,61
Gross Profit Margin	100 %	100 %	100 %	100 %