GRØNØRVEIEN 7-13 AS

7300 ORKANGER

Finances

Share Ownership

Return on Equity

8,4 %

Current Ratio

0,5

Debt-to-Equity Ratio

3,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 191 000	1 611 000	1 470 000	925 000
Net Income	243 000	442 000	367 000	197 000
Total Assets	14 431 000	13 984 000	12 115 000	8 070 000
Total Equity	2 894 000	2 650 000	2 208 000	1 841 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 191 000	1 611 000	1 470 000	925 000
Expenditure	1 421 000	756 000	793 000	439 000
Operating Profit	771 000	856 000	677 000	487 000
Financial Income	0	8 000	0	0
Financial Costs	458 000	293 000	196 000	234 000
Financial Balance	−458 000	−285 000	−196 000	−234 000
Earnings Before Tax	312 000	570 000	481 000	252 000
Tax	69 000	128 000	115 000	56 000
Net Income	243 000	442 000	367 000	197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 989 000	13 444 000	11 621 000	8 017 000
Total Current Assets	443 000	539 000	494 000	53 000
Total Assets	14 431 000	13 984 000	12 115 000	8 070 000
Total Retained Equity	1 463 000	1 220 000	778 000	411 000
Total Equity	2 894 000	2 650 000	2 208 000	1 841 000
Total Long-Term Debt	10 646 000	11 092 000	7 829 000	6 122 000
Total Current Debt	892 000	242 000	2 077 000	107 000
Total Equity and Debt	14 431 000	13 984 000	12 115 000	8 070 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	344 000	61 000	51 000	51 000
Other Income	1 847 000	1 550 000	1 419 000	874 000
Revenue	2 191 000	1 611 000	1 470 000	925 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	508 000	396 000	194 000	176 000
Impairment	0	0	0	0
Expenditure	1 421 000	756 000	793 000	439 000
Operating Profit	771 000	856 000	677 000	487 000
Financial Income	0	8 000	0	0
Financial Costs	458 000	293 000	196 000	234 000
Financial Balance	−458 000	−285 000	−196 000	−234 000
Dividends	0	0	0	0
Net Income	243 000	442 000	367 000	197 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 951 000	13 386 000	7 746 000	7 919 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	38 000	58 000	3 875 000	98 000
Total Tangible Assets	13 989 000	13 444 000	11 621 000	8 017 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 989 000	13 444 000	11 621 000	8 017 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	183 000	456 000	456 000	27 000
Total Current Assets	443 000	539 000	494 000	53 000
Total Assets	14 431 000	13 984 000	12 115 000	8 070 000
Total Equity	2 894 000	2 650 000	2 208 000	1 841 000
Short-Term Group Debt	600 000	0	0	0
Total Long-Term Debt	10 646 000	11 092 000	7 829 000	6 122 000
Creditors	243 000	56 000	2 379 000	55 000
Unpaid Taxes	48 000	54 000	−425 000	−5 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	892 000	242 000	2 077 000	107 000
Total Equity and Debt	14 431 000	13 984 000	12 115 000	8 070 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,4 %	16,68 %	16,62 %	10,7 %
Debt-to-Equity Ratio	3,68	4,19	3,55	3,33
Operating Profit Margin	35,19 %	53,13 %	46,05 %	52,65 %
Current Ratio	0,5	2,23	0,24	0,5
Quick Ratio	0,5	2,23	0,24	0,5
Equity Ratio	0,2	0,19	0,18	0,23
Gross Profit Margin	100 %	100 %	100 %	100 %