GRØSTAD SAG & HØVLERI AS

1540 VESTBY

Finances

Return on Equity

−23,92 %

Current Ratio

8,53

Debt-to-Equity Ratio

7,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	801 000	755 000	759 000	590 000
Net Income	−707 000	−656 000	−413 000	−476 000
Total Assets	25 517 000	25 606 000	26 077 000	26 080 000
Total Equity	2 956 000	3 663 000	4 320 000	4 732 000

Income (NOK)	2022	2021	2020	2019
Revenue	801 000	755 000	759 000	590 000
Expenditure	1 120 000	1 030 000	922 000	680 000
Operating Profit	−318 000	−275 000	−163 000	−90 000
Financial Income	200 000	70 000	82 000	136 000
Financial Costs	789 000	637 000	452 000	779 000
Financial Balance	−589 000	−567 000	−370 000	−643 000
Earnings Before Tax	−907 000	−842 000	−533 000	−732 000
Tax	−199 000	−186 000	−120 000	−256 000
Net Income	−707 000	−656 000	−413 000	−476 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 209 000	24 446 000	24 727 000	25 092 000
Total Current Assets	307 000	1 160 000	1 350 000	988 000
Total Assets	25 517 000	25 606 000	26 077 000	26 080 000
Total Retained Equity	2 832 000	3 539 000	4 196 000	4 609 000
Total Equity	2 956 000	3 663 000	4 320 000	4 732 000
Total Long-Term Debt	22 524 000	21 888 000	21 694 000	21 303 000
Total Current Debt	36 000	54 000	64 000	45 000
Total Equity and Debt	25 517 000	25 606 000	26 077 000	26 080 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	801 000	755 000	759 000	590 000
Revenue	801 000	755 000	759 000	590 000
Cost of Goods Sold	4 000	20 000	2 000	0
Salary Costs	0	0	0	0
Depreciation	418 000	418 000	418 000	0
Impairment	0	0	0	0
Expenditure	1 120 000	1 030 000	922 000	680 000
Operating Profit	−318 000	−275 000	−163 000	−90 000
Financial Income	200 000	70 000	82 000	136 000
Financial Costs	789 000	637 000	452 000	779 000
Financial Balance	−589 000	−567 000	−370 000	−643 000
Dividends	0	0	0	0
Net Income	−707 000	−656 000	−413 000	−476 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 485 000	1 285 000	1 099 000	979 000
Real Eastate	19 998 000	20 168 000	20 486 000	20 873 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	42 000	42 000	0
Total Tangible Assets	20 040 000	20 210 000	20 528 000	20 873 000
Total Fiancial Fixed Assets	3 684 000	2 950 000	3 100 000	3 240 000
Total Fixed Assets	25 209 000	24 446 000	24 727 000	25 092 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	307 000	1 160 000	1 337 000	982 000
Total Current Assets	307 000	1 160 000	1 350 000	988 000
Total Assets	25 517 000	25 606 000	26 077 000	26 080 000
Total Equity	2 956 000	3 663 000	4 320 000	4 732 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 524 000	21 888 000	21 694 000	21 303 000
Creditors	36 000	44 000	54 000	21 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	10 000	10 000	24 000
Total Current Debt	36 000	54 000	64 000	45 000
Total Equity and Debt	25 517 000	25 606 000	26 077 000	26 080 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,92 %	−17,91 %	−9,56 %	−10,06 %
Debt-to-Equity Ratio	7,62	5,98	5,02	4,5
Operating Profit Margin	−39,7 %	−36,42 %	−21,48 %	−15,25 %
Current Ratio	8,53	21,48	21,09	21,96
Quick Ratio	8,53	21,48	21,09	21,96
Equity Ratio	0,12	0,14	0,17	0,18
Gross Profit Margin	99,5 %	97,35 %	99,74 %	100 %