MT GRØTNES AS

4121 TAU

Finances

Return on Equity

3,99 %

Current Ratio

1,38

Debt-to-Equity Ratio

2,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 318 000	1 173 000	1 018 000	606 000
Net Income	262 000	332 000	205 000	−160 000
Total Assets	26 255 000	26 167 000	25 402 000	24 268 000
Total Equity	6 563 000	6 301 000	6 047 000	5 842 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 318 000	1 173 000	1 018 000	606 000
Expenditure	335 000	272 000	221 000	191 000
Operating Profit	983 000	901 000	797 000	415 000
Financial Income	0	0	0	0
Financial Costs	648 000	476 000	534 000	620 000
Financial Balance	−648 000	−476 000	−534 000	−620 000
Earnings Before Tax	336 000	425 000	263 000	−205 000
Tax	74 000	94 000	58 000	−45 000
Net Income	262 000	332 000	205 000	−160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 866 000	25 622 000	25 174 000	24 039 000
Total Current Assets	389 000	546 000	228 000	229 000
Total Assets	26 255 000	26 167 000	25 402 000	24 268 000
Total Retained Equity	563 000	301 000	47 000	−158 000
Total Equity	6 563 000	6 301 000	6 047 000	5 842 000
Total Long-Term Debt	19 410 000	19 580 000	19 220 000	17 961 000
Total Current Debt	281 000	286 000	135 000	465 000
Total Equity and Debt	26 255 000	26 167 000	25 402 000	24 268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	128 000	0	0	0
Other Income	1 190 000	1 173 000	1 018 000	606 000
Revenue	1 318 000	1 173 000	1 018 000	606 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	45 000	45 000	45 000	30 000
Impairment	0	0	0	0
Expenditure	335 000	272 000	221 000	191 000
Operating Profit	983 000	901 000	797 000	415 000
Financial Income	0	0	0	0
Financial Costs	648 000	476 000	534 000	620 000
Financial Balance	−648 000	−476 000	−534 000	−620 000
Dividends	0	0	0	0
Net Income	262 000	332 000	205 000	−160 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	44 000
Real Eastate	23 811 000	23 567 000	23 119 000	21 940 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	23 811 000	23 567 000	23 119 000	21 940 000
Total Fiancial Fixed Assets	2 055 000	2 055 000	2 055 000	2 055 000
Total Fixed Assets	25 866 000	25 622 000	25 174 000	24 039 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	224 000	481 000	149 000	164 000
Total Current Assets	389 000	546 000	228 000	229 000
Total Assets	26 255 000	26 167 000	25 402 000	24 268 000
Total Equity	6 563 000	6 301 000	6 047 000	5 842 000
Short-Term Group Debt	0	172 000	0	0
Total Long-Term Debt	19 410 000	19 580 000	19 220 000	17 961 000
Creditors	144 000	38 000	88 000	424 000
Unpaid Taxes	63 000	25 000	47 000	39 000
Dividends	0	0	0	0
Other Current Debt	2 000	1 000	1 000	1 000
Total Current Debt	281 000	286 000	135 000	465 000
Total Equity and Debt	26 255 000	26 167 000	25 402 000	24 268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,99 %	5,27 %	3,39 %	−2,74 %
Debt-to-Equity Ratio	2,96	3,11	3,18	3,07
Operating Profit Margin	74,58 %	76,81 %	78,29 %	68,48 %
Current Ratio	1,38	1,91	1,69	0,49
Quick Ratio	1,38	1,91	1,69	0,49
Equity Ratio	0,25	0,24	0,24	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %