GROMØRK AS

0777 OSLO

Finances

Share Ownership

Return on Equity

125,57 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 766 000	5 081 000	3 621 000	3 423 000
Net Income	2 333 000	1 283 000	1 156 000	1 400 000
Total Assets	5 903 000	6 244 000	4 689 000	3 515 000
Total Equity	1 858 000	2 524 000	4 241 000	3 085 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 766 000	5 081 000	3 621 000	3 423 000
Expenditure	3 774 000	3 435 000	2 137 000	1 650 000
Operating Profit	2 992 000	1 647 000	1 484 000	1 773 000
Financial Income	0	0	0	18 000
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	18 000
Earnings Before Tax	2 992 000	1 647 000	1 484 000	1 791 000
Tax	659 000	364 000	328 000	391 000
Net Income	2 333 000	1 283 000	1 156 000	1 400 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 107 000	1 384 000	750 000	924 000
Total Current Assets	4 796 000	4 860 000	3 939 000	2 592 000
Total Assets	5 903 000	6 244 000	4 689 000	3 515 000
Total Retained Equity	1 828 000	2 494 000	4 211 000	3 055 000
Total Equity	1 858 000	2 524 000	4 241 000	3 085 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 045 000	3 720 000	448 000	431 000
Total Equity and Debt	5 903 000	6 244 000	4 689 000	3 515 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 766 000	5 081 000	3 621 000	3 423 000
Other Income	0	0	0	0
Revenue	6 766 000	5 081 000	3 621 000	3 423 000
Cost of Goods Sold	113 000	46 000	5 000	2 000
Salary Costs	2 176 000	1 694 000	405 000	6 000
Depreciation	277 000	346 000	182 000	228 000
Impairment	0	0	0	0
Expenditure	3 774 000	3 435 000	2 137 000	1 650 000
Operating Profit	2 992 000	1 647 000	1 484 000	1 773 000
Financial Income	0	0	0	18 000
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	18 000
Dividends	3 000 000	0	0	0
Net Income	2 333 000	1 283 000	1 156 000	1 400 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 107 000	1 384 000	730 000	912 000
Total Intangible Assets	1 107 000	1 384 000	730 000	912 000
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	20 000	12 000
Total Fixed Assets	1 107 000	1 384 000	750 000	924 000
Stock	0	0	0	0
Total Investments	800 000	800 000	800 000	800 000
Cash, Bank	3 885 000	3 984 000	2 948 000	1 564 000
Total Current Assets	4 796 000	4 860 000	3 939 000	2 592 000
Total Assets	5 903 000	6 244 000	4 689 000	3 515 000
Total Equity	1 858 000	2 524 000	4 241 000	3 085 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 000	30 000	53 000	40 000
Unpaid Taxes	138 000	162 000	26 000	0
Dividends	3 000 000	0	0	0
Other Current Debt	230 000	163 000	41 000	0
Total Current Debt	4 045 000	3 720 000	448 000	431 000
Total Equity and Debt	5 903 000	6 244 000	4 689 000	3 515 000

Financial indicators	2022	2021	2020	2019
Return on Equity	125,57 %	50,83 %	27,26 %	45,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	44,22 %	32,41 %	40,98 %	51,8 %
Current Ratio	1,19	1,31	8,79	6,01
Quick Ratio	1,19	1,31	8,79	6,01
Equity Ratio	0,31	0,4	0,9	0,88
Gross Profit Margin	98,33 %	99,09 %	99,86 %	99,94 %