GRØTEIG AS

3180 NYKIRKE

Finances

Return on Equity

9,71 %

Current Ratio

1,61

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 714 000	57 131 000	59 321 000	54 307 000
Net Income	1 285 000	2 380 000	2 726 000	1 726 000
Total Assets	28 073 000	28 023 000	26 232 000	22 249 000
Total Equity	13 239 000	13 955 000	11 574 000	8 849 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 714 000	57 131 000	59 321 000	54 307 000
Expenditure	55 993 000	54 019 000	55 760 000	52 055 000
Operating Profit	1 721 000	3 112 000	3 562 000	2 252 000
Financial Income	19 000	57 000	59 000	83 000
Financial Costs	93 000	118 000	127 000	122 000
Financial Balance	−74 000	−61 000	−68 000	−39 000
Earnings Before Tax	1 647 000	3 051 000	3 494 000	2 213 000
Tax	362 000	671 000	769 000	487 000
Net Income	1 285 000	2 380 000	2 726 000	1 726 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 944 000	8 507 000	7 167 000	7 856 000
Total Current Assets	20 129 000	19 516 000	19 064 000	14 393 000
Total Assets	28 073 000	28 023 000	26 232 000	22 249 000
Total Retained Equity	7 836 000	8 551 000	6 171 000	3 446 000
Total Equity	13 239 000	13 955 000	11 574 000	8 849 000
Total Long-Term Debt	2 360 000	2 580 000	3 178 000	3 944 000
Total Current Debt	12 475 000	11 489 000	11 479 000	9 456 000
Total Equity and Debt	28 073 000	28 023 000	26 232 000	22 249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 463 000	56 399 000	58 800 000	54 282 000
Other Income	251 000	733 000	521 000	26 000
Revenue	57 714 000	57 131 000	59 321 000	54 307 000
Cost of Goods Sold	16 083 000	16 852 000	22 953 000	19 437 000
Salary Costs	25 604 000	23 839 000	21 255 000	21 108 000
Depreciation	2 067 000	2 324 000	1 582 000	1 215 000
Impairment	12 000	0	0	0
Expenditure	55 993 000	54 019 000	55 760 000	52 055 000
Operating Profit	1 721 000	3 112 000	3 562 000	2 252 000
Financial Income	19 000	57 000	59 000	83 000
Financial Costs	93 000	118 000	127 000	122 000
Financial Balance	−74 000	−61 000	−68 000	−39 000
Dividends	2 000 000	0	0	0
Net Income	1 285 000	2 380 000	2 726 000	1 726 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	189 000
Total Intangible Assets	0	0	0	189 000
Real Eastate	199 000	214 000	230 000	245 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 739 000	8 287 000	6 918 000	7 423 000
Total Tangible Assets	7 938 000	8 501 000	7 148 000	7 668 000
Total Fiancial Fixed Assets	6 000	6 000	20 000	0
Total Fixed Assets	7 944 000	8 507 000	7 167 000	7 856 000
Stock	550 000	461 000	464 000	454 000
Total Investments	0	0	0	0
Cash, Bank	7 038 000	6 741 000	6 711 000	6 482 000
Total Current Assets	20 129 000	19 516 000	19 064 000	14 393 000
Total Assets	28 073 000	28 023 000	26 232 000	22 249 000
Total Equity	13 239 000	13 955 000	11 574 000	8 849 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 360 000	2 580 000	3 178 000	3 944 000
Creditors	1 474 000	2 128 000	2 965 000	1 634 000
Unpaid Taxes	3 066 000	2 569 000	2 277 000	2 389 000
Dividends	2 000 000	0	0	0
Other Current Debt	7 547 000	6 104 000	5 459 000	4 893 000
Total Current Debt	12 475 000	11 489 000	11 479 000	9 456 000
Total Equity and Debt	28 073 000	28 023 000	26 232 000	22 249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,71 %	17,05 %	23,55 %	19,51 %
Debt-to-Equity Ratio	0,18	0,18	0,27	0,45
Operating Profit Margin	2,98 %	5,45 %	6 %	4,15 %
Current Ratio	1,61	1,7	1,66	1,52
Quick Ratio	1,69	1,77	1,73	1,6
Equity Ratio	0,47	0,5	0,44	0,4
Gross Profit Margin	72,13 %	70,5 %	61,31 %	64,21 %