VESTRE GRØTTHAUG AS

2834 RAUFOSS

Finances

Share Ownership

Return on Equity

30,32 %

Current Ratio

13,48

Debt-to-Equity Ratio

−2,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	392 000	413 000	178 000	0
Net Income	−1 038 000	−947 000	−783 000	−651 000
Total Assets	4 584 000	4 811 000	2 945 000	1 523 000
Total Equity	−3 424 000	−2 387 000	−1 439 000	−656 000

Income (NOK)	2022	2021	2020	2019
Revenue	392 000	413 000	178 000	0
Expenditure	1 446 000	1 360 000	839 000	790 000
Operating Profit	−1 038 000	−941 000	−767 000	−651 000
Financial Income	3 000	1 000	0	0
Financial Costs	3 000	7 000	16 000	0
Financial Balance	0	−6 000	−16 000	0
Earnings Before Tax	−1 038 000	−947 000	−783 000	−651 000
Tax	0	0	0	0
Net Income	−1 038 000	−947 000	−783 000	−651 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 721 000	4 330 000	2 543 000	1 377 000
Total Current Assets	863 000	480 000	402 000	146 000
Total Assets	4 584 000	4 811 000	2 945 000	1 523 000
Total Retained Equity	−3 460 000	−2 422 000	−1 475 000	−692 000
Total Equity	−3 424 000	−2 387 000	−1 439 000	−656 000
Total Long-Term Debt	7 944 000	7 144 000	4 144 000	2 109 000
Total Current Debt	64 000	53 000	240 000	70 000
Total Equity and Debt	4 584 000	4 811 000	2 945 000	1 523 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	104 000	178 000	178 000	0
Other Income	288 000	235 000	0	0
Revenue	392 000	413 000	178 000	0
Cost of Goods Sold	345 000	264 000	166 000	500 000
Salary Costs	0	0	0	0
Depreciation	672 000	570 000	268 000	148 000
Impairment	0	0	0	0
Expenditure	1 446 000	1 360 000	839 000	790 000
Operating Profit	−1 038 000	−941 000	−767 000	−651 000
Financial Income	3 000	1 000	0	0
Financial Costs	3 000	7 000	16 000	0
Financial Balance	0	−6 000	−16 000	0
Dividends	0	0	0	0
Net Income	−1 038 000	−947 000	−783 000	−651 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	258 000	265 000	205 000	0
Machinery and Plant Facilities	2 535 000	3 204 000	1 863 000	1 183 000
Fixtures	928 000	861 000	475 000	194 000
Total Tangible Assets	3 721 000	4 330 000	2 543 000	1 377 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 721 000	4 330 000	2 543 000	1 377 000
Stock	55 000	39 000	33 000	140 000
Total Investments	0	0	0	0
Cash, Bank	105 000	3 000	10 000	6 000
Total Current Assets	863 000	480 000	402 000	146 000
Total Assets	4 584 000	4 811 000	2 945 000	1 523 000
Total Equity	−3 424 000	−2 387 000	−1 439 000	−656 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 944 000	7 144 000	4 144 000	2 109 000
Creditors	64 000	53 000	239 000	70 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	64 000	53 000	240 000	70 000
Total Equity and Debt	4 584 000	4 811 000	2 945 000	1 523 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,32 %	39,67 %	54,41 %	99,24 %
Debt-to-Equity Ratio	−2,32	−2,99	−2,88	−3,21
Operating Profit Margin	−264,8 %	−227,85 %	−430,9 %	-
Current Ratio	13,48	9,06	1,68	2,09
Quick Ratio	95,89	34,29	1,94	−2,09
Equity Ratio	−0,75	−0,5	−0,49	−0,43
Gross Profit Margin	11,99 %	36,08 %	6,74 %	-