GROVFJORD SHIP INVEST 2 AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

−9,42 %

Current Ratio

33,75

Debt-to-Equity Ratio

5,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 369 000	4 268 000	4 387 000	4 426 000
Net Income	−315 000	924 000	−777 000	565 000
Total Assets	23 065 000	26 534 000	29 919 000	32 803 000
Total Equity	3 345 000	5 159 000	5 110 000	6 686 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 369 000	4 268 000	4 387 000	4 426 000
Expenditure	3 605 000	3 607 000	3 606 000	3 633 000
Operating Profit	764 000	661 000	782 000	792 000
Financial Income	2 000	877 000	0	335 000
Financial Costs	1 227 000	380 000	1 796 000	488 000
Financial Balance	−1 225 000	497 000	−1 796 000	−153 000
Earnings Before Tax	−461 000	1 158 000	−1 013 000	639 000
Tax	−146 000	233 000	−237 000	74 000
Net Income	−315 000	924 000	−777 000	565 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 074 000	24 367 000	28 040 000	31 243 000
Total Current Assets	1 991 000	2 167 000	1 879 000	1 561 000
Total Assets	23 065 000	26 534 000	29 919 000	32 803 000
Total Retained Equity	−305 000	927 000	2 000	850 000
Total Equity	3 345 000	5 159 000	5 110 000	6 686 000
Total Long-Term Debt	19 661 000	21 354 000	24 767 000	26 043 000
Total Current Debt	59 000	20 000	42 000	74 000
Total Equity and Debt	23 065 000	26 534 000	29 919 000	32 803 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 369 000	4 268 000	4 387 000	4 426 000
Revenue	4 369 000	4 268 000	4 387 000	4 426 000
Cost of Goods Sold	0	0	0	0
Salary Costs	79 000	79 000	79 000	86 000
Depreciation	3 440 000	3 440 000	3 440 000	3 440 000
Impairment	0	0	0	0
Expenditure	3 605 000	3 607 000	3 606 000	3 633 000
Operating Profit	764 000	661 000	782 000	792 000
Financial Income	2 000	877 000	0	335 000
Financial Costs	1 227 000	380 000	1 796 000	488 000
Financial Balance	−1 225 000	497 000	−1 796 000	−153 000
Dividends	0	0	0	0
Net Income	−315 000	924 000	−777 000	565 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	424 000	277 000	510 000	273 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	20 650 000	24 090 000	27 530 000	30 970 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 074 000	24 367 000	28 040 000	31 243 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 852 000	2 044 000	1 748 000	1 388 000
Total Current Assets	1 991 000	2 167 000	1 879 000	1 561 000
Total Assets	23 065 000	26 534 000	29 919 000	32 803 000
Total Equity	3 345 000	5 159 000	5 110 000	6 686 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 661 000	21 354 000	24 767 000	26 043 000
Creditors	50 000	15 000	30 000	17 000
Unpaid Taxes	0	0	0	36 000
Dividends	0	0	0	0
Other Current Debt	9 000	5 000	12 000	21 000
Total Current Debt	59 000	20 000	42 000	74 000
Total Equity and Debt	23 065 000	26 534 000	29 919 000	32 803 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,42 %	17,91 %	−15,21 %	8,45 %
Debt-to-Equity Ratio	5,88	4,14	4,85	3,9
Operating Profit Margin	17,49 %	15,49 %	17,83 %	17,89 %
Current Ratio	33,75	108,35	44,74	21,09
Quick Ratio	33,75	108,35	44,74	21,09
Equity Ratio	0,15	0,19	0,17	0,2
Gross Profit Margin	100 %	100 %	100 %	100 %