GRØNNING UROLOGI AS

1472 FJELLHAMAR

Finances

Share Ownership

Return on Equity

82,66 %

Current Ratio

2,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 886 000	5 437 000	4 322 000	4 449 000
Net Income	2 579 000	3 231 000	2 509 000	2 463 000
Total Assets	6 094 000	4 442 000	3 927 000	3 412 000
Total Equity	3 120 000	2 342 000	1 811 000	502 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 886 000	5 437 000	4 322 000	4 449 000
Expenditure	2 505 000	1 312 000	1 108 000	1 299 000
Operating Profit	3 382 000	4 126 000	3 214 000	3 151 000
Financial Income	6 000	15 000	9 000	9 000
Financial Costs	63 000	0	4 000	0
Financial Balance	−57 000	15 000	5 000	9 000
Earnings Before Tax	3 325 000	4 141 000	3 219 000	3 159 000
Tax	746 000	911 000	710 000	696 000
Net Income	2 579 000	3 231 000	2 509 000	2 463 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	36 000	0	0
Total Current Assets	6 048 000	4 407 000	3 927 000	3 412 000
Total Assets	6 094 000	4 442 000	3 927 000	3 412 000
Total Retained Equity	3 090 000	2 312 000	1 781 000	472 000
Total Equity	3 120 000	2 342 000	1 811 000	502 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 973 000	2 101 000	2 116 000	2 910 000
Total Equity and Debt	6 094 000	4 442 000	3 927 000	3 412 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 886 000	5 437 000	4 322 000	4 449 000
Other Income	0	0	0	0
Revenue	5 886 000	5 437 000	4 322 000	4 449 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 203 000	994 000	852 000	1 078 000
Depreciation	10 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	2 505 000	1 312 000	1 108 000	1 299 000
Operating Profit	3 382 000	4 126 000	3 214 000	3 151 000
Financial Income	6 000	15 000	9 000	9 000
Financial Costs	63 000	0	4 000	0
Financial Balance	−57 000	15 000	5 000	9 000
Dividends	1 800 000	2 700 000	1 200 000	2 000 000
Net Income	2 579 000	3 231 000	2 509 000	2 463 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	13 000	0	0
Total Tangible Assets	28 000	13 000	0	0
Total Fiancial Fixed Assets	17 000	23 000	0	0
Total Fixed Assets	45 000	36 000	0	0
Stock	0	0	0	0
Total Investments	3 109 000	1 470 000	450 000	0
Cash, Bank	2 445 000	2 495 000	2 831 000	3 000 000
Total Current Assets	6 048 000	4 407 000	3 927 000	3 412 000
Total Assets	6 094 000	4 442 000	3 927 000	3 412 000
Total Equity	3 120 000	2 342 000	1 811 000	502 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	5 000	3 000	12 000
Unpaid Taxes	184 000	80 000	86 000	68 000
Dividends	1 800 000	2 700 000	1 200 000	2 000 000
Other Current Debt	240 000	106 000	117 000	135 000
Total Current Debt	2 973 000	2 101 000	2 116 000	2 910 000
Total Equity and Debt	6 094 000	4 442 000	3 927 000	3 412 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,66 %	137,96 %	138,54 %	490,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	57,46 %	75,89 %	74,36 %	70,82 %
Current Ratio	2,03	2,1	1,86	1,17
Quick Ratio	2,03	2,1	1,86	1,17
Equity Ratio	0,51	0,53	0,46	0,15
Gross Profit Margin	100 %	100 %	100 %	100 %