GRØVLESVINGEN AS

5379 STEINSLAND

Finances

Share Ownership

Return on Equity

19,29 %

Current Ratio

0,84

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000	7 000	11 301 000	11 775 000
Net Income	−257 000	−1 155 000	−238 000	−116 000
Total Assets	7 190 000	7 187 000	9 056 000	23 001 000
Total Equity	−1 332 000	−1 076 000	80 000	318 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000	7 000	11 301 000	11 775 000
Expenditure	−21 000	953 000	10 339 000	11 844 000
Operating Profit	25 000	−946 000	962 000	−69 000
Financial Income	0	27 000	0	36 000
Financial Costs	281 000	236 000	1 233 000	219 000
Financial Balance	−281 000	−209 000	−1 233 000	−183 000
Earnings Before Tax	−257 000	−1 155 000	−270 000	−253 000
Tax	0	0	−32 000	−137 000
Net Income	−257 000	−1 155 000	−238 000	−116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	7 190 000	7 187 000	9 056 000	23 001 000
Total Assets	7 190 000	7 187 000	9 056 000	23 001 000
Total Retained Equity	−1 532 000	−1 276 000	−120 000	0
Total Equity	−1 332 000	−1 076 000	80 000	318 000
Total Long-Term Debt	0	0	0	32 000
Total Current Debt	8 522 000	8 262 000	8 976 000	22 652 000
Total Equity and Debt	7 190 000	7 187 000	9 056 000	23 001 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	7 000	11 301 000	11 775 000
Other Income	4 000	0	0	0
Revenue	4 000	7 000	11 301 000	11 775 000
Cost of Goods Sold	−55 000	577 000	10 080 000	11 604 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−21 000	953 000	10 339 000	11 844 000
Operating Profit	25 000	−946 000	962 000	−69 000
Financial Income	0	27 000	0	36 000
Financial Costs	281 000	236 000	1 233 000	219 000
Financial Balance	−281 000	−209 000	−1 233 000	−183 000
Dividends	0	0	0	0
Net Income	−257 000	−1 155 000	−238 000	−116 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	7 000 000	7 000 000	7 500 000	11 924 000
Total Investments	0	0	0	0
Cash, Bank	3 000	14 000	0	10 000
Total Current Assets	7 190 000	7 187 000	9 056 000	23 001 000
Total Assets	7 190 000	7 187 000	9 056 000	23 001 000
Total Equity	−1 332 000	−1 076 000	80 000	318 000
Short-Term Group Debt	1 139 000	1 982 000	633 000	12 798 000
Total Long-Term Debt	0	0	0	32 000
Creditors	493 000	524 000	2 630 000	9 033 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 251 000	7 000	8 000	820 000
Total Current Debt	8 522 000	8 262 000	8 976 000	22 652 000
Total Equity and Debt	7 190 000	7 187 000	9 056 000	23 001 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,29 %	107,34 %	−297,5 %	−36,48 %
Debt-to-Equity Ratio	−0	−0	0	0,1
Operating Profit Margin	625 %	−13 514,29 %	8,51 %	−0,59 %
Current Ratio	0,84	0,87	1,01	1,02
Quick Ratio	4,72	5,69	6,14	2,14
Equity Ratio	−0,19	−0,15	0,01	0,01
Gross Profit Margin	1 475 %	−8 142,86 %	10,8 %	1,45 %