GROVEN CAR SPA AS

6422 MOLDE

Finances

Share Ownership

Return on Equity

90,44 %

Current Ratio

1,96

Debt-to-Equity Ratio

1,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 790 000	1 393 000	1 067 000	935 000
Net Income	123 000	−25 000	73 000	−1 000
Total Assets	536 000	427 000	241 000	203 000
Total Equity	136 000	13 000	38 000	−35 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 790 000	1 393 000	1 067 000	935 000
Expenditure	1 622 000	1 406 000	958 000	911 000
Operating Profit	168 000	−12 000	110 000	24 000
Financial Income	0	0	0	0
Financial Costs	13 000	14 000	10 000	15 000
Financial Balance	−13 000	−14 000	−10 000	−15 000
Earnings Before Tax	155 000	−26 000	100 000	8 000
Tax	32 000	−1 000	26 000	9 000
Net Income	123 000	−25 000	73 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	181 000	248 000	81 000	96 000
Total Current Assets	355 000	179 000	160 000	107 000
Total Assets	536 000	427 000	241 000	203 000
Total Retained Equity	106 000	−17 000	8 000	−65 000
Total Equity	136 000	13 000	38 000	−35 000
Total Long-Term Debt	219 000	273 000	91 000	109 000
Total Current Debt	181 000	141 000	112 000	129 000
Total Equity and Debt	536 000	427 000	241 000	203 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 790 000	1 393 000	1 067 000	935 000
Other Income	0	0	0	0
Revenue	1 790 000	1 393 000	1 067 000	935 000
Cost of Goods Sold	428 000	367 000	214 000	259 000
Salary Costs	586 000	592 000	304 000	227 000
Depreciation	67 000	43 000	23 000	22 000
Impairment	0	0	0	0
Expenditure	1 622 000	1 406 000	958 000	911 000
Operating Profit	168 000	−12 000	110 000	24 000
Financial Income	0	0	0	0
Financial Costs	13 000	14 000	10 000	15 000
Financial Balance	−13 000	−14 000	−10 000	−15 000
Dividends	0	0	0	0
Net Income	123 000	−25 000	73 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	181 000	248 000	81 000	88 000
Total Tangible Assets	181 000	248 000	81 000	88 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	181 000	248 000	81 000	96 000
Stock	95 000	71 000	77 000	70 000
Total Investments	0	0	0	0
Cash, Bank	193 000	92 000	13 000	19 000
Total Current Assets	355 000	179 000	160 000	107 000
Total Assets	536 000	427 000	241 000	203 000
Total Equity	136 000	13 000	38 000	−35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	219 000	273 000	91 000	109 000
Creditors	30 000	53 000	27 000	48 000
Unpaid Taxes	80 000	45 000	13 000	29 000
Dividends	0	0	0	0
Other Current Debt	46 000	43 000	54 000	52 000
Total Current Debt	181 000	141 000	112 000	129 000
Total Equity and Debt	536 000	427 000	241 000	203 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,44 %	−192,31 %	192,11 %	2,86 %
Debt-to-Equity Ratio	1,61	21	2,39	−3,11
Operating Profit Margin	9,39 %	−0,86 %	10,31 %	2,57 %
Current Ratio	1,96	1,27	1,43	0,83
Quick Ratio	4,13	2,56	4,57	1,81
Equity Ratio	0,25	0,03	0,16	−0,17
Gross Profit Margin	76,09 %	73,65 %	79,94 %	72,3 %