GRØNNERØD AS

3760 NESLANDSVATN

Finances

Share Ownership

Return on Equity

−2,38 %

Current Ratio

0,09

Debt-to-Equity Ratio

−0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 888 000	1 260 000	1 249 000	817 000
Net Income	42 000	−424 000	−314 000	−635 000
Total Assets	707 000	680 000	945 000	1 129 000
Total Equity	−1 763 000	−1 806 000	−1 382 000	−1 069 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 888 000	1 260 000	1 249 000	817 000
Expenditure	1 793 000	1 629 000	1 486 000	1 358 000
Operating Profit	94 000	−369 000	−238 000	−542 000
Financial Income	0	0	0	0
Financial Costs	52 000	55 000	76 000	93 000
Financial Balance	−52 000	−55 000	−76 000	−93 000
Earnings Before Tax	42 000	−424 000	−314 000	−635 000
Tax	0	0	0	0
Net Income	42 000	−424 000	−314 000	−635 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	556 000	629 000	882 000	999 000
Total Current Assets	151 000	51 000	64 000	130 000
Total Assets	707 000	680 000	945 000	1 129 000
Total Retained Equity	−1 793 000	−1 836 000	−1 412 000	−1 099 000
Total Equity	−1 763 000	−1 806 000	−1 382 000	−1 069 000
Total Long-Term Debt	819 000	957 000	893 000	1 794 000
Total Current Debt	1 651 000	1 529 000	1 434 000	403 000
Total Equity and Debt	707 000	680 000	945 000	1 129 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 888 000	984 000	1 098 000	817 000
Other Income	0	276 000	150 000	0
Revenue	1 888 000	1 260 000	1 249 000	817 000
Cost of Goods Sold	143 000	89 000	98 000	131 000
Salary Costs	522 000	447 000	428 000	463 000
Depreciation	200 000	324 000	307 000	241 000
Impairment	0	0	0	0
Expenditure	1 793 000	1 629 000	1 486 000	1 358 000
Operating Profit	94 000	−369 000	−238 000	−542 000
Financial Income	0	0	0	0
Financial Costs	52 000	55 000	76 000	93 000
Financial Balance	−52 000	−55 000	−76 000	−93 000
Dividends	0	0	0	0
Net Income	42 000	−424 000	−314 000	−635 000

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	429 000	629 000	882 000	999 000
Total Tangible Assets	429 000	629 000	882 000	999 000
Total Fiancial Fixed Assets	127 000	0	0	0
Total Fixed Assets	556 000	629 000	882 000	999 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 000	51 000	−93 000	10 000
Total Current Assets	151 000	51 000	64 000	130 000
Total Assets	707 000	680 000	945 000	1 129 000
Total Equity	−1 763 000	−1 806 000	−1 382 000	−1 069 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	819 000	957 000	893 000	1 794 000
Creditors	29 000	74 000	30 000	130 000
Unpaid Taxes	57 000	131 000	59 000	52 000
Dividends	0	0	0	0
Other Current Debt	1 363 000	1 325 000	1 345 000	141 000
Total Current Debt	1 651 000	1 529 000	1 434 000	403 000
Total Equity and Debt	707 000	680 000	945 000	1 129 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,38 %	23,48 %	22,72 %	59,4 %
Debt-to-Equity Ratio	−0,46	−0,53	−0,65	−1,68
Operating Profit Margin	4,98 %	−29,29 %	−19,06 %	−66,34 %
Current Ratio	0,09	0,03	0,04	0,32
Quick Ratio	0,09	0,03	0,04	0,32
Equity Ratio	−2,49	−2,66	−1,46	−0,95
Gross Profit Margin	92,43 %	92,94 %	92,15 %	83,97 %