GRO PRODUKT AS

0180 OSLO

Finances

Share Ownership

Return on Equity

38,83 %

Current Ratio

0,08

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	538 000	943 000	337 000	2 590 000
Net Income	146 000	369 000	−176 000	248 000
Total Assets	660 000	715 000	462 000	831 000
Total Equity	376 000	230 000	−139 000	37 000

Income (NOK)	2022	2021	2020	2019
Revenue	538 000	943 000	337 000	2 590 000
Expenditure	344 000	486 000	532 000	2 238 000
Operating Profit	194 000	456 000	−194 000	352 000
Financial Income	0	−2 000	0	0
Financial Costs	6 000	24 000	23 000	0
Financial Balance	−6 000	−26 000	−23 000	0
Earnings Before Tax	188 000	431 000	−218 000	353 000
Tax	42 000	62 000	−42 000	105 000
Net Income	146 000	369 000	−176 000	248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	644 000	190 000	147 000	66 000
Total Current Assets	16 000	525 000	315 000	765 000
Total Assets	660 000	715 000	462 000	831 000
Total Retained Equity	339 000	193 000	−176 000	0
Total Equity	376 000	230 000	−139 000	37 000
Total Long-Term Debt	80 000	263 000	530 000	2 000
Total Current Debt	204 000	221 000	71 000	792 000
Total Equity and Debt	660 000	715 000	462 000	831 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	538 000	943 000	337 000	2 590 000
Other Income	0	0	0	0
Revenue	538 000	943 000	337 000	2 590 000
Cost of Goods Sold	50 000	55 000	0	416 000
Salary Costs	0	153 000	−5 000	1 462 000
Depreciation	52 000	40 000	65 000	38 000
Impairment	0	0	0	0
Expenditure	344 000	486 000	532 000	2 238 000
Operating Profit	194 000	456 000	−194 000	352 000
Financial Income	0	−2 000	0	0
Financial Costs	6 000	24 000	23 000	0
Financial Balance	−6 000	−26 000	−23 000	0
Dividends	0	0	0	248 000
Net Income	146 000	369 000	−176 000	248 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	23 000	18 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	101 000	153 000	129 000	66 000
Total Tangible Assets	101 000	153 000	129 000	66 000
Total Fiancial Fixed Assets	520 000	15 000	0	0
Total Fixed Assets	644 000	190 000	147 000	66 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	165 000	152 000	267 000
Total Current Assets	16 000	525 000	315 000	765 000
Total Assets	660 000	715 000	462 000	831 000
Total Equity	376 000	230 000	−139 000	37 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	80 000	263 000	530 000	2 000
Creditors	0	35 000	11 000	−6 000
Unpaid Taxes	50 000	77 000	−48 000	286 000
Dividends	0	0	0	248 000
Other Current Debt	56 000	56 000	39 000	196 000
Total Current Debt	204 000	221 000	71 000	792 000
Total Equity and Debt	660 000	715 000	462 000	831 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,83 %	160,43 %	126,62 %	670,27 %
Debt-to-Equity Ratio	0,21	1,14	−3,81	0,05
Operating Profit Margin	36,06 %	48,36 %	−57,57 %	13,59 %
Current Ratio	0,08	2,38	4,44	0,97
Quick Ratio	0,08	2,38	4,44	0,97
Equity Ratio	0,57	0,32	−0,3	0,04
Gross Profit Margin	90,71 %	94,17 %	100 %	83,94 %