GROVFJORD BÅTBYGGERI AS

9446 GROVFJORD

Finances

Share Ownership

Return on Equity

46,7 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 113 000	56 691 000	64 597 000	43 073 000
Net Income	3 838 000	3 211 000	3 668 000	11 770 000
Total Assets	24 348 000	30 166 000	32 285 000	35 366 000
Total Equity	8 219 000	9 262 000	15 551 000	19 382 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 113 000	56 691 000	64 597 000	43 073 000
Expenditure	68 118 000	52 829 000	60 626 000	40 248 000
Operating Profit	4 993 000	3 862 000	3 971 000	2 824 000
Financial Income	195 000	45 000	65 000	9 695 000
Financial Costs	260 000	220 000	264 000	262 000
Financial Balance	−65 000	−175 000	−199 000	9 433 000
Earnings Before Tax	4 928 000	3 687 000	3 772 000	12 257 000
Tax	1 090 000	476 000	103 000	487 000
Net Income	3 838 000	3 211 000	3 668 000	11 770 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 763 000	14 836 000	16 541 000	15 839 000
Total Current Assets	22 585 000	15 330 000	15 744 000	19 527 000
Total Assets	24 348 000	30 166 000	32 285 000	35 366 000
Total Retained Equity	5 475 000	4 139 000	10 428 000	6 760 000
Total Equity	8 219 000	9 262 000	15 551 000	19 382 000
Total Long-Term Debt	1 360 000	7 843 000	8 290 000	6 793 000
Total Current Debt	14 769 000	13 061 000	8 444 000	9 191 000
Total Equity and Debt	24 348 000	30 166 000	32 285 000	35 366 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 422 000	54 451 000	60 331 000	40 858 000
Other Income	690 000	2 241 000	4 266 000	2 215 000
Revenue	73 113 000	56 691 000	64 597 000	43 073 000
Cost of Goods Sold	49 723 000	38 601 000	47 001 000	24 531 000
Salary Costs	12 108 000	9 426 000	8 915 000	9 448 000
Depreciation	1 269 000	1 484 000	1 577 000	1 316 000
Impairment	0	0	0	0
Expenditure	68 118 000	52 829 000	60 626 000	40 248 000
Operating Profit	4 993 000	3 862 000	3 971 000	2 824 000
Financial Income	195 000	45 000	65 000	9 695 000
Financial Costs	260 000	220 000	264 000	262 000
Financial Balance	−65 000	−175 000	−199 000	9 433 000
Dividends	0	0	0	0
Net Income	3 838 000	3 211 000	3 668 000	11 770 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	13 201 000	14 125 000	13 904 000
Machinery and Plant Facilities	1 029 000	1 187 000	1 563 000	1 416 000
Fixtures	283 000	440 000	574 000	295 000
Total Tangible Assets	1 312 000	14 828 000	16 262 000	15 614 000
Total Fiancial Fixed Assets	451 000	8 000	279 000	224 000
Total Fixed Assets	1 763 000	14 836 000	16 541 000	15 839 000
Stock	633 000	561 000	561 000	627 000
Total Investments	0	0	0	0
Cash, Bank	7 911 000	11 529 000	4 763 000	9 036 000
Total Current Assets	22 585 000	15 330 000	15 744 000	19 527 000
Total Assets	24 348 000	30 166 000	32 285 000	35 366 000
Total Equity	8 219 000	9 262 000	15 551 000	19 382 000
Short-Term Group Debt	690 000	4 513 000	0	204 000
Total Long-Term Debt	1 360 000	7 843 000	8 290 000	6 793 000
Creditors	8 916 000	4 912 000	4 985 000	5 138 000
Unpaid Taxes	710 000	530 000	615 000	615 000
Dividends	0	0	0	0
Other Current Debt	3 302 000	2 771 000	2 741 000	2 750 000
Total Current Debt	14 769 000	13 061 000	8 444 000	9 191 000
Total Equity and Debt	24 348 000	30 166 000	32 285 000	35 366 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,7 %	34,67 %	23,59 %	60,73 %
Debt-to-Equity Ratio	0,17	0,85	0,53	0,35
Operating Profit Margin	6,83 %	6,81 %	6,15 %	6,56 %
Current Ratio	1,53	1,17	1,86	2,12
Quick Ratio	1,6	1,23	2	2,28
Equity Ratio	0,34	0,31	0,48	0,55
Gross Profit Margin	31,99 %	31,91 %	27,24 %	43,05 %