GRUVELAGERET AS

9171 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

2 840 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 767 000	3 768 000	2 579 000	6 518 000
Net Income	1 278 000	244 000	−345 000	983 000
Total Assets	3 654 000	1 943 000	1 365 000	2 456 000
Total Equity	45 000	1 267 000	1 024 000	1 082 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 767 000	3 768 000	2 579 000	6 518 000
Expenditure	8 249 000	3 470 000	2 975 000	5 337 000
Operating Profit	1 519 000	297 000	−396 000	1 181 000
Financial Income	6 000	4 000	4 000	9 000
Financial Costs	3 000	6 000	6 000	8 000
Financial Balance	3 000	−2 000	−2 000	1 000
Earnings Before Tax	1 522 000	295 000	−399 000	1 183 000
Tax	244 000	51 000	−55 000	200 000
Net Income	1 278 000	244 000	−345 000	983 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	21 000	87 000	569 000
Total Current Assets	3 622 000	1 922 000	1 278 000	1 886 000
Total Assets	3 654 000	1 943 000	1 365 000	2 456 000
Total Retained Equity	15 000	1 237 000	994 000	1 052 000
Total Equity	45 000	1 267 000	1 024 000	1 082 000
Total Long-Term Debt	0	0	44 000	87 000
Total Current Debt	3 608 000	676 000	297 000	1 287 000
Total Equity and Debt	3 654 000	1 943 000	1 365 000	2 456 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 732 000	3 319 000	2 001 000	6 518 000
Other Income	35 000	449 000	578 000	0
Revenue	9 767 000	3 768 000	2 579 000	6 518 000
Cost of Goods Sold	3 123 000	1 160 000	778 000	1 716 000
Salary Costs	2 656 000	614 000	564 000	1 821 000
Depreciation	15 000	67 000	118 000	126 000
Impairment	0	0	0	0
Expenditure	8 249 000	3 470 000	2 975 000	5 337 000
Operating Profit	1 519 000	297 000	−396 000	1 181 000
Financial Income	6 000	4 000	4 000	9 000
Financial Costs	3 000	6 000	6 000	8 000
Financial Balance	3 000	−2 000	−2 000	1 000
Dividends	0	0	0	500 000
Net Income	1 278 000	244 000	−345 000	983 000

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	0	0	0	0
Fixtures	21 000	11 000	79 000	197 000
Total Tangible Assets	21 000	11 000	79 000	197 000
Total Fiancial Fixed Assets	10 000	10 000	8 000	372 000
Total Fixed Assets	32 000	21 000	87 000	569 000
Stock	573 000	266 000	316 000	327 000
Total Investments	0	0	0	0
Cash, Bank	2 622 000	935 000	384 000	907 000
Total Current Assets	3 622 000	1 922 000	1 278 000	1 886 000
Total Assets	3 654 000	1 943 000	1 365 000	2 456 000
Total Equity	45 000	1 267 000	1 024 000	1 082 000
Short-Term Group Debt	2 500 000	0	0	0
Total Long-Term Debt	0	0	44 000	87 000
Creditors	224 000	384 000	109 000	205 000
Unpaid Taxes	59 000	28 000	7 000	42 000
Dividends	0	0	0	500 000
Other Current Debt	581 000	212 000	182 000	340 000
Total Current Debt	3 608 000	676 000	297 000	1 287 000
Total Equity and Debt	3 654 000	1 943 000	1 365 000	2 456 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 840 %	19,26 %	−33,69 %	90,85 %
Debt-to-Equity Ratio	0	0	0,04	0,08
Operating Profit Margin	15,55 %	7,88 %	−15,35 %	18,12 %
Current Ratio	1	2,84	4,3	1,47
Quick Ratio	1,19	4,69	−67,26	1,96
Equity Ratio	0,01	0,65	0,75	0,44
Gross Profit Margin	68,02 %	69,21 %	69,83 %	73,67 %