GRØTBAKKEN AS

6856 SOGNDAL

Finances

Share Ownership

Return on Equity

−121,86 %

Current Ratio

0,31

Debt-to-Equity Ratio

20,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	536 000	574 000	395 000	318 000
Net Income	−446 000	−211 000	−293 000	−292 000
Total Assets	8 442 000	8 526 000	8 696 000	8 037 000
Total Equity	366 000	811 000	1 022 000	415 000

Income (NOK)	2022	2021	2020	2019
Revenue	536 000	574 000	395 000	318 000
Expenditure	636 000	539 000	436 000	389 000
Operating Profit	−100 000	35 000	−41 000	−71 000
Financial Income	0	0	0	1 000
Financial Costs	345 000	245 000	252 000	222 000
Financial Balance	−345 000	−245 000	−252 000	−221 000
Earnings Before Tax	−446 000	−211 000	−293 000	−292 000
Tax	0	0	0	0
Net Income	−446 000	−211 000	−293 000	−292 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 276 000	8 420 000	8 522 000	7 314 000
Total Current Assets	167 000	106 000	175 000	723 000
Total Assets	8 442 000	8 526 000	8 696 000	8 037 000
Total Retained Equity	−1 409 000	−964 000	−753 000	−460 000
Total Equity	366 000	811 000	1 022 000	415 000
Total Long-Term Debt	7 545 000	7 545 000	7 600 000	6 598 000
Total Current Debt	531 000	170 000	74 000	1 023 000
Total Equity and Debt	8 442 000	8 526 000	8 696 000	8 037 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	536 000	574 000	395 000	318 000
Revenue	536 000	574 000	395 000	318 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	144 000	143 000	200 000	162 000
Impairment	0	0	0	0
Expenditure	636 000	539 000	436 000	389 000
Operating Profit	−100 000	35 000	−41 000	−71 000
Financial Income	0	0	0	1 000
Financial Costs	345 000	245 000	252 000	222 000
Financial Balance	−345 000	−245 000	−252 000	−221 000
Dividends	0	0	0	0
Net Income	−446 000	−211 000	−293 000	−292 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 129 000	8 187 000	8 245 000	7 107 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	147 000	233 000	276 000	206 000
Total Tangible Assets	8 276 000	8 420 000	8 522 000	7 314 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 276 000	8 420 000	8 522 000	7 314 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	74 000	35 000	66 000	605 000
Total Current Assets	167 000	106 000	175 000	723 000
Total Assets	8 442 000	8 526 000	8 696 000	8 037 000
Total Equity	366 000	811 000	1 022 000	415 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 545 000	7 545 000	7 600 000	6 598 000
Creditors	44 000	27 000	13 000	7 000
Unpaid Taxes	0	2 000	0	8 000
Dividends	0	0	0	0
Other Current Debt	488 000	141 000	61 000	1 009 000
Total Current Debt	531 000	170 000	74 000	1 023 000
Total Equity and Debt	8 442 000	8 526 000	8 696 000	8 037 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−121,86 %	−26,02 %	−28,67 %	−70,36 %
Debt-to-Equity Ratio	20,61	9,3	7,44	15,9
Operating Profit Margin	−18,66 %	6,1 %	−10,38 %	−22,33 %
Current Ratio	0,31	0,62	2,36	0,71
Quick Ratio	0,31	0,62	2,36	0,71
Equity Ratio	0,04	0,1	0,12	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %