GROV FORSKALING AS

5414 STORD

Finances

Share Ownership

Return on Equity

128,72 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 398 000	17 859 000	18 130 000	18 009 000
Net Income	3 594 000	1 548 000	−1 679 000	−241 000
Total Assets	10 649 000	9 124 000	6 245 000	8 924 000
Total Equity	2 792 000	898 000	−649 000	467 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 398 000	17 859 000	18 130 000	18 009 000
Expenditure	20 442 000	16 642 000	19 695 000	18 518 000
Operating Profit	4 720 000	1 878 000	−1 873 000	−242 000
Financial Income	0	0	0	1 000
Financial Costs	7 000	4 000	19 000	44 000
Financial Balance	−7 000	−4 000	−19 000	−43 000
Earnings Before Tax	4 713 000	1 873 000	−1 892 000	−285 000
Tax	1 119 000	325 000	−212 000	−44 000
Net Income	3 594 000	1 548 000	−1 679 000	−241 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 452 000	1 221 000	1 088 000	3 495 000
Total Current Assets	9 197 000	7 904 000	5 157 000	5 430 000
Total Assets	10 649 000	9 124 000	6 245 000	8 924 000
Total Retained Equity	1 653 000	−241 000	−1 789 000	−110 000
Total Equity	2 792 000	898 000	−649 000	467 000
Total Long-Term Debt	1 053 000	1 288 000	1 471 000	3 131 000
Total Current Debt	6 804 000	6 938 000	5 424 000	5 326 000
Total Equity and Debt	10 649 000	9 124 000	6 245 000	8 924 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 398 000	17 859 000	17 827 000	17 977 000
Other Income	0	0	303 000	32 000
Revenue	26 398 000	17 859 000	18 130 000	18 009 000
Cost of Goods Sold	12 812 000	9 225 000	10 866 000	9 502 000
Salary Costs	5 342 000	5 286 000	5 442 000	5 326 000
Depreciation	95 000	107 000	121 000	115 000
Impairment	0	0	−100 000	100 000
Expenditure	20 442 000	16 642 000	19 695 000	18 518 000
Operating Profit	4 720 000	1 878 000	−1 873 000	−242 000
Financial Income	0	0	0	1 000
Financial Costs	7 000	4 000	19 000	44 000
Financial Balance	−7 000	−4 000	−19 000	−43 000
Dividends	1 700 000	0	0	0
Net Income	3 594 000	1 548 000	−1 679 000	−241 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	2 551 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	127 000	136 000	242 000	339 000
Total Tangible Assets	127 000	136 000	242 000	2 890 000
Total Fiancial Fixed Assets	1 325 000	1 085 000	845 000	605 000
Total Fixed Assets	1 452 000	1 221 000	1 088 000	3 495 000
Stock	960 000	1 946 000	869 000	1 240 000
Total Investments	0	0	0	0
Cash, Bank	3 022 000	1 191 000	471 000	448 000
Total Current Assets	9 197 000	7 904 000	5 157 000	5 430 000
Total Assets	10 649 000	9 124 000	6 245 000	8 924 000
Total Equity	2 792 000	898 000	−649 000	467 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 053 000	1 288 000	1 471 000	3 131 000
Creditors	1 597 000	1 670 000	951 000	1 152 000
Unpaid Taxes	449 000	771 000	791 000	829 000
Dividends	1 700 000	0	0	0
Other Current Debt	1 938 000	4 172 000	3 682 000	3 292 000
Total Current Debt	6 804 000	6 938 000	5 424 000	5 326 000
Total Equity and Debt	10 649 000	9 124 000	6 245 000	8 924 000

Financial indicators	2022	2021	2020	2019
Return on Equity	128,72 %	172,38 %	258,71 %	−51,61 %
Debt-to-Equity Ratio	0,38	1,43	−2,27	6,7
Operating Profit Margin	17,88 %	10,52 %	−10,33 %	−1,34 %
Current Ratio	1,35	1,14	0,95	1,02
Quick Ratio	1,57	1,58	1,13	1,33
Equity Ratio	0,26	0,1	−0,1	0,05
Gross Profit Margin	51,47 %	48,35 %	40,07 %	47,24 %