GRØNSKAG HVITEVARER AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

19,57 %

Current Ratio

0,35

Debt-to-Equity Ratio

−0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 359 000	8 330 000	9 587 000	8 994 000
Net Income	−438 000	−436 000	25 000	−352 000
Total Assets	2 323 000	2 414 000	2 447 000	2 366 000
Total Equity	−2 238 000	−1 800 000	−1 365 000	−1 390 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 359 000	8 330 000	9 587 000	8 994 000
Expenditure	7 778 000	8 713 000	9 489 000	9 303 000
Operating Profit	−418 000	−382 000	97 000	−309 000
Financial Income	14 000	2 000	6 000	11 000
Financial Costs	34 000	55 000	79 000	53 000
Financial Balance	−20 000	−53 000	−73 000	−42 000
Earnings Before Tax	−438 000	−436 000	25 000	−352 000
Tax	0	0	0	0
Net Income	−438 000	−436 000	25 000	−352 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	800 000	843 000	886 000	929 000
Total Current Assets	1 523 000	1 571 000	1 561 000	1 436 000
Total Assets	2 323 000	2 414 000	2 447 000	2 366 000
Total Retained Equity	−2 638 000	−2 200 000	−1 765 000	−1 790 000
Total Equity	−2 238 000	−1 800 000	−1 365 000	−1 390 000
Total Long-Term Debt	159 000	251 000	389 000	526 000
Total Current Debt	4 402 000	3 963 000	3 423 000	3 230 000
Total Equity and Debt	2 323 000	2 414 000	2 447 000	2 366 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 359 000	8 151 000	9 379 000	8 762 000
Other Income	0	180 000	208 000	233 000
Revenue	7 359 000	8 330 000	9 587 000	8 994 000
Cost of Goods Sold	4 858 000	5 731 000	6 762 000	6 200 000
Salary Costs	1 113 000	1 183 000	1 280 000	1 573 000
Depreciation	43 000	43 000	43 000	50 000
Impairment	0	0	0	0
Expenditure	7 778 000	8 713 000	9 489 000	9 303 000
Operating Profit	−418 000	−382 000	97 000	−309 000
Financial Income	14 000	2 000	6 000	11 000
Financial Costs	34 000	55 000	79 000	53 000
Financial Balance	−20 000	−53 000	−73 000	−42 000
Dividends	0	0	0	0
Net Income	−438 000	−436 000	25 000	−352 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	43 000	86 000	129 000
Total Tangible Assets	0	43 000	86 000	129 000
Total Fiancial Fixed Assets	800 000	800 000	800 000	800 000
Total Fixed Assets	800 000	843 000	886 000	929 000
Stock	969 000	1 015 000	935 000	956 000
Total Investments	0	0	0	0
Cash, Bank	165 000	245 000	282 000	323 000
Total Current Assets	1 523 000	1 571 000	1 561 000	1 436 000
Total Assets	2 323 000	2 414 000	2 447 000	2 366 000
Total Equity	−2 238 000	−1 800 000	−1 365 000	−1 390 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	159 000	251 000	389 000	526 000
Creditors	4 141 000	3 656 000	3 112 000	2 937 000
Unpaid Taxes	143 000	163 000	193 000	146 000
Dividends	0	0	0	0
Other Current Debt	118 000	145 000	118 000	147 000
Total Current Debt	4 402 000	3 963 000	3 423 000	3 230 000
Total Equity and Debt	2 323 000	2 414 000	2 447 000	2 366 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,57 %	24,22 %	−1,83 %	25,32 %
Debt-to-Equity Ratio	−0,07	−0,14	−0,28	−0,38
Operating Profit Margin	−5,68 %	−4,59 %	1,01 %	−3,44 %
Current Ratio	0,35	0,4	0,46	0,44
Quick Ratio	0,44	0,53	0,63	0,63
Equity Ratio	−0,96	−0,75	−0,56	−0,59
Gross Profit Margin	33,99 %	31,2 %	29,47 %	31,07 %