GRØNØRVEIEN AS

7300 ORKANGER

Finances

Return on Equity

6,21 %

Current Ratio

1,44

Debt-to-Equity Ratio

4,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 169 000	984 000	805 000	746 000
Net Income	165 000	−398 000	230 000	74 000
Total Assets	15 576 000	13 075 000	12 908 000	11 823 000
Total Equity	2 658 000	2 493 000	2 275 000	3 178 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 169 000	984 000	805 000	746 000
Expenditure	408 000	1 169 000	242 000	253 000
Operating Profit	761 000	−184 000	564 000	493 000
Financial Income	4 000	0	2 000	6 000
Financial Costs	553 000	325 000	271 000	403 000
Financial Balance	−549 000	−325 000	−269 000	−397 000
Earnings Before Tax	212 000	−510 000	294 000	95 000
Tax	47 000	−112 000	65 000	21 000
Net Income	165 000	−398 000	230 000	74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 487 000	12 800 000	11 633 000	10 598 000
Total Current Assets	89 000	275 000	1 275 000	1 226 000
Total Assets	15 576 000	13 075 000	12 908 000	11 823 000
Total Retained Equity	326 000	161 000	888 000	658 000
Total Equity	2 658 000	2 493 000	2 275 000	3 178 000
Total Long-Term Debt	12 855 000	10 392 000	10 398 000	8 537 000
Total Current Debt	62 000	189 000	236 000	108 000
Total Equity and Debt	15 576 000	13 075 000	12 908 000	11 823 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 169 000	984 000	805 000	746 000
Other Income	0	0	0	0
Revenue	1 169 000	984 000	805 000	746 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	218 000	137 000	137 000	137 000
Impairment	0	0	0	0
Expenditure	408 000	1 169 000	242 000	253 000
Operating Profit	761 000	−184 000	564 000	493 000
Financial Income	4 000	0	2 000	6 000
Financial Costs	553 000	325 000	271 000	403 000
Financial Balance	−549 000	−325 000	−269 000	−397 000
Dividends	0	0	0	0
Net Income	165 000	−398 000	230 000	74 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	181 000	227 000	115 000	104 000
Real Eastate	15 272 000	12 573 000	11 518 000	10 494 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	0	0	0
Total Tangible Assets	15 306 000	12 573 000	11 518 000	10 494 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 487 000	12 800 000	11 633 000	10 598 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	77 000	264 000	1 261 000	1 214 000
Total Current Assets	89 000	275 000	1 275 000	1 226 000
Total Assets	15 576 000	13 075 000	12 908 000	11 823 000
Total Equity	2 658 000	2 493 000	2 275 000	3 178 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 855 000	10 392 000	10 398 000	8 537 000
Creditors	25 000	187 000	352 000	9 000
Unpaid Taxes	9 000	−26 000	−231 000	38 000
Dividends	0	0	0	0
Other Current Debt	28 000	28 000	38 000	28 000
Total Current Debt	62 000	189 000	236 000	108 000
Total Equity and Debt	15 576 000	13 075 000	12 908 000	11 823 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,21 %	−15,96 %	10,11 %	2,33 %
Debt-to-Equity Ratio	4,84	4,17	4,57	2,69
Operating Profit Margin	65,1 %	−18,7 %	70,06 %	66,09 %
Current Ratio	1,44	1,46	5,4	11,35
Quick Ratio	1,44	1,46	5,4	11,35
Equity Ratio	0,17	0,19	0,18	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %