GROTHAUG AS

6763 HORNINDAL

Finances

Return on Equity

4,5 %

Current Ratio

6,54

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	115 000	45 000	20 000	63 000
Net Income	13 000	4 000	1 000	24 000
Total Assets	544 000	572 000	274 000	292 000
Total Equity	289 000	276 000	272 000	271 000

Income (NOK)	2022	2021	2020	2019
Revenue	115 000	45 000	20 000	63 000
Expenditure	87 000	34 000	16 000	33 000
Operating Profit	28 000	10 000	4 000	31 000
Financial Income	0	0	0	0
Financial Costs	12 000	5 000	2 000	0
Financial Balance	−12 000	−5 000	−2 000	0
Earnings Before Tax	16 000	5 000	2 000	31 000
Tax	4 000	1 000	1 000	7 000
Net Income	13 000	4 000	1 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	459 000	463 000	240 000	254 000
Total Current Assets	85 000	108 000	34 000	38 000
Total Assets	544 000	572 000	274 000	292 000
Total Retained Equity	265 000	252 000	248 000	247 000
Total Equity	289 000	276 000	272 000	271 000
Total Long-Term Debt	242 000	282 000	2 000	15 000
Total Current Debt	13 000	13 000	0	5 000
Total Equity and Debt	544 000	572 000	274 000	292 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	115 000	45 000	20 000	63 000
Other Income	0	0	0	0
Revenue	115 000	45 000	20 000	63 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 000	0	0	0
Depreciation	4 000	4 000	4 000	3 000
Impairment	0	0	0	0
Expenditure	87 000	34 000	16 000	33 000
Operating Profit	28 000	10 000	4 000	31 000
Financial Income	0	0	0	0
Financial Costs	12 000	5 000	2 000	0
Financial Balance	−12 000	−5 000	−2 000	0
Dividends	0	0	0	0
Net Income	13 000	4 000	1 000	24 000

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	28 000	33 000	37 000	42 000
Fixtures	0	0	0	0
Total Tangible Assets	28 000	33 000	37 000	42 000
Total Fiancial Fixed Assets	431 000	431 000	203 000	212 000
Total Fixed Assets	459 000	463 000	240 000	254 000
Stock	2 000	2 000	2 000	2 000
Total Investments	0	0	0	0
Cash, Bank	83 000	94 000	32 000	36 000
Total Current Assets	85 000	108 000	34 000	38 000
Total Assets	544 000	572 000	274 000	292 000
Total Equity	289 000	276 000	272 000	271 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	242 000	282 000	2 000	15 000
Creditors	0	15 000	0	0
Unpaid Taxes	5 000	−3 000	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	0	0	0
Total Current Debt	13 000	13 000	0	5 000
Total Equity and Debt	544 000	572 000	274 000	292 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,5 %	1,45 %	0,37 %	8,86 %
Debt-to-Equity Ratio	0,84	1,02	0,01	0,06
Operating Profit Margin	24,35 %	22,22 %	20 %	49,21 %
Current Ratio	6,54	8,31	-	7,6
Quick Ratio	7,73	9,82	−17	12,67
Equity Ratio	0,53	0,48	0,99	0,93
Gross Profit Margin	100 %	100 %	100 %	100 %