GROWIT GROUP AS

1425 SKI

Finances

Share Ownership

Return on Equity

−18,79 %

Current Ratio

0,19

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	872 000	921 000	681 000	1 276 000
Net Income	165 000	80 000	6 000	−374 000
Total Assets	509 000	388 000	418 000	387 000
Total Equity	−878 000	−1 043 000	−1 123 000	−1 128 000

Income (NOK)	2022	2021	2020	2019
Revenue	872 000	921 000	681 000	1 276 000
Expenditure	654 000	798 000	639 000	1 776 000
Operating Profit	218 000	123 000	42 000	−500 000
Financial Income	6 000	3 000	9 000	45 000
Financial Costs	12 000	24 000	43 000	18 000
Financial Balance	−6 000	−21 000	−34 000	27 000
Earnings Before Tax	212 000	103 000	8 000	−473 000
Tax	47 000	23 000	2 000	−99 000
Net Income	165 000	80 000	6 000	−374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	244 000	291 000	314 000	316 000
Total Current Assets	264 000	96 000	105 000	71 000
Total Assets	509 000	388 000	418 000	387 000
Total Retained Equity	−895 000	−1 060 000	−1 140 000	−1 145 000
Total Equity	−878 000	−1 043 000	−1 123 000	−1 128 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 387 000	1 430 000	1 541 000	1 516 000
Total Equity and Debt	509 000	388 000	418 000	387 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	863 000	921 000	681 000	1 276 000
Other Income	9 000	0	0	0
Revenue	872 000	921 000	681 000	1 276 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	5 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	654 000	798 000	639 000	1 776 000
Operating Profit	218 000	123 000	42 000	−500 000
Financial Income	6 000	3 000	9 000	45 000
Financial Costs	12 000	24 000	43 000	18 000
Financial Balance	−6 000	−21 000	−34 000	27 000
Dividends	0	0	0	0
Net Income	165 000	80 000	6 000	−374 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	244 000	291 000	314 000	316 000
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	0	0
Total Fixed Assets	244 000	291 000	314 000	316 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	49 000	78 000	15 000	17 000
Total Current Assets	264 000	96 000	105 000	71 000
Total Assets	509 000	388 000	418 000	387 000
Total Equity	−878 000	−1 043 000	−1 123 000	−1 128 000
Short-Term Group Debt	1 340 000	1 340 000	1 340 000	1 340 000
Total Long-Term Debt	0	0	0	0
Creditors	40 000	25 000	50 000	159 000
Unpaid Taxes	6 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	66 000	152 000	17 000
Total Current Debt	1 387 000	1 430 000	1 541 000	1 516 000
Total Equity and Debt	509 000	388 000	418 000	387 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,79 %	−7,67 %	−0,53 %	33,16 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	25 %	13,36 %	6,17 %	−39,18 %
Current Ratio	0,19	0,07	0,07	0,05
Quick Ratio	0,19	0,07	0,07	0,05
Equity Ratio	−1,72	−2,69	−2,69	−2,91
Gross Profit Margin	100 %	100 %	100 %	100 %