GROWIT AS

4317 SANDNES

Finances

Share Ownership

Return on Equity

34,37 %

Current Ratio

Debt-to-Equity Ratio

−6,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	65 000	156 000	156 000
Net Income	−288 000	−203 000	−114 000	−144 000
Total Assets	9 999 000	5 446 000	5 472 000	5 446 000
Total Equity	−838 000	−549 000	−347 000	−233 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	65 000	156 000	156 000
Expenditure	36 000	104 000	96 000	89 000
Operating Profit	−36 000	−39 000	60 000	67 000
Financial Income	5 000	0	0	0
Financial Costs	257 000	164 000	173 000	211 000
Financial Balance	−252 000	−164 000	−173 000	−211 000
Earnings Before Tax	−288 000	−203 000	−114 000	−144 000
Tax	0	0	0	0
Net Income	−288 000	−203 000	−114 000	−144 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 984 000	5 446 000	5 446 000	5 446 000
Total Current Assets	15 000	0	26 000	0
Total Assets	9 999 000	5 446 000	5 472 000	5 446 000
Total Retained Equity	−868 000	−579 000	−377 000	−263 000
Total Equity	−838 000	−549 000	−347 000	−233 000
Total Long-Term Debt	5 710 000	4 291 000	4 300 000	4 302 000
Total Current Debt	5 127 000	1 704 000	1 519 000	1 377 000
Total Equity and Debt	9 999 000	5 446 000	5 472 000	5 446 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	65 000	156 000	156 000
Revenue	0	65 000	156 000	156 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	36 000	104 000	96 000	89 000
Operating Profit	−36 000	−39 000	60 000	67 000
Financial Income	5 000	0	0	0
Financial Costs	257 000	164 000	173 000	211 000
Financial Balance	−252 000	−164 000	−173 000	−211 000
Dividends	0	0	0	0
Net Income	−288 000	−203 000	−114 000	−144 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 984 000	5 446 000	5 446 000	5 446 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 984 000	5 446 000	5 446 000	5 446 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 984 000	5 446 000	5 446 000	5 446 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 000	0	24 000	0
Total Current Assets	15 000	0	26 000	0
Total Assets	9 999 000	5 446 000	5 472 000	5 446 000
Total Equity	−838 000	−549 000	−347 000	−233 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 710 000	4 291 000	4 300 000	4 302 000
Creditors	1 422 000	1 000	2 000	−6 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 705 000	1 704 000	1 517 000	1 382 000
Total Current Debt	5 127 000	1 704 000	1 519 000	1 377 000
Total Equity and Debt	9 999 000	5 446 000	5 472 000	5 446 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,37 %	36,98 %	32,85 %	61,8 %
Debt-to-Equity Ratio	−6,81	−7,82	−12,39	−18,46
Operating Profit Margin	-	−60 %	38,46 %	42,95 %
Current Ratio	0	0	0,02	0
Quick Ratio	0	0	0,02	0
Equity Ratio	−0,08	−0,1	−0,06	−0,04
Gross Profit Margin	-	100 %	100 %	100 %