GRØGARD MASKIN AS

3350 PRESTFOSS

Finances

Return on Equity

18,24 %

Current Ratio

1,14

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 665 000	3 205 000	2 198 000	2 772 000
Net Income	673 000	153 000	−97 000	548 000
Total Assets	10 431 000	11 382 000	11 260 000	11 532 000
Total Equity	3 689 000	3 016 000	2 862 000	2 959 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 665 000	3 205 000	2 198 000	2 772 000
Expenditure	4 756 000	3 030 000	2 201 000	2 024 000
Operating Profit	910 000	175 000	−6 000	748 000
Financial Income	27 000	223 000	224 000	217 000
Financial Costs	264 000	244 000	315 000	417 000
Financial Balance	−237 000	−21 000	−91 000	−200 000
Earnings Before Tax	673 000	153 000	−97 000	548 000
Tax	0	0	0	0
Net Income	673 000	153 000	−97 000	548 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 359 000	9 854 000	10 080 000	9 568 000
Total Current Assets	3 072 000	1 529 000	1 180 000	1 965 000
Total Assets	10 431 000	11 382 000	11 260 000	11 532 000
Total Retained Equity	3 289 000	2 616 000	2 462 000	2 559 000
Total Equity	3 689 000	3 016 000	2 862 000	2 959 000
Total Long-Term Debt	4 052 000	6 029 000	6 665 000	6 693 000
Total Current Debt	2 690 000	2 337 000	1 732 000	1 880 000
Total Equity and Debt	10 431 000	11 382 000	11 260 000	11 532 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 880 000	2 870 000	2 198 000	2 769 000
Other Income	2 785 000	335 000	0	3 000
Revenue	5 665 000	3 205 000	2 198 000	2 772 000
Cost of Goods Sold	520 000	927 000	397 000	367 000
Salary Costs	4 000	3 000	3 000	5 000
Depreciation	508 000	572 000	492 000	428 000
Impairment	0	0	0	0
Expenditure	4 756 000	3 030 000	2 201 000	2 024 000
Operating Profit	910 000	175 000	−6 000	748 000
Financial Income	27 000	223 000	224 000	217 000
Financial Costs	264 000	244 000	315 000	417 000
Financial Balance	−237 000	−21 000	−91 000	−200 000
Dividends	0	0	0	0
Net Income	673 000	153 000	−97 000	548 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 040 000	7 330 000	7 724 000	7 902 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	765 000	970 000	675 000	113 000
Total Tangible Assets	5 805 000	8 300 000	8 399 000	8 014 000
Total Fiancial Fixed Assets	1 553 000	1 553 000	1 681 000	1 553 000
Total Fixed Assets	7 359 000	9 854 000	10 080 000	9 568 000
Stock	399 000	261 000	160 000	126 000
Total Investments	0	0	0	0
Cash, Bank	312 000	186 000	190 000	911 000
Total Current Assets	3 072 000	1 529 000	1 180 000	1 965 000
Total Assets	10 431 000	11 382 000	11 260 000	11 532 000
Total Equity	3 689 000	3 016 000	2 862 000	2 959 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 052 000	6 029 000	6 665 000	6 693 000
Creditors	1 336 000	859 000	188 000	245 000
Unpaid Taxes	0	116 000	48 000	152 000
Dividends	0	0	0	0
Other Current Debt	1 354 000	1 362 000	1 497 000	1 483 000
Total Current Debt	2 690 000	2 337 000	1 732 000	1 880 000
Total Equity and Debt	10 431 000	11 382 000	11 260 000	11 532 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,24 %	5,07 %	−3,39 %	18,52 %
Debt-to-Equity Ratio	1,1	2	2,33	2,26
Operating Profit Margin	16,06 %	5,46 %	−0,27 %	26,98 %
Current Ratio	1,14	0,65	0,68	1,05
Quick Ratio	1,34	0,74	0,75	1,12
Equity Ratio	0,35	0,26	0,25	0,26
Gross Profit Margin	90,82 %	71,08 %	81,94 %	86,76 %