SVEIN GROVEN AS

3890 VINJE

Finances

Share Ownership

Return on Equity

10,99 %

Current Ratio

Debt-to-Equity Ratio

3,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	217 000	65 000	131 000	130 000
Net Income	10 000	−17 000	30 000	14 000
Total Assets	436 000	410 000	120 000	109 000
Total Equity	91 000	81 000	98 000	68 000

Income (NOK)	2022	2021	2020	2019
Revenue	217 000	65 000	131 000	130 000
Expenditure	190 000	86 000	93 000	112 000
Operating Profit	27 000	−21 000	37 000	18 000
Financial Income	1 000	2 000	1 000	0
Financial Costs	16 000	1 000	0	0
Financial Balance	−15 000	1 000	1 000	0
Earnings Before Tax	11 000	−20 000	38 000	18 000
Tax	1 000	−3 000	8 000	4 000
Net Income	10 000	−17 000	30 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	342 000	339 000	92 000	64 000
Total Current Assets	94 000	71 000	28 000	45 000
Total Assets	436 000	410 000	120 000	109 000
Total Retained Equity	61 000	51 000	68 000	38 000
Total Equity	91 000	81 000	98 000	68 000
Total Long-Term Debt	344 000	0	3 000	3 000
Total Current Debt	2 000	330 000	19 000	38 000
Total Equity and Debt	436 000	410 000	120 000	109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	217 000	65 000	131 000	130 000
Other Income	0	0	0	0
Revenue	217 000	65 000	131 000	130 000
Cost of Goods Sold	34 000	4 000	0	2 000
Salary Costs	0	0	0	0
Depreciation	89 000	23 000	17 000	16 000
Impairment	0	0	0	0
Expenditure	190 000	86 000	93 000	112 000
Operating Profit	27 000	−21 000	37 000	18 000
Financial Income	1 000	2 000	1 000	0
Financial Costs	16 000	1 000	0	0
Financial Balance	−15 000	1 000	1 000	0
Dividends	0	0	0	0
Net Income	10 000	−17 000	30 000	14 000

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	307 000	44 000	0
Fixtures	342 000	32 000	48 000	64 000
Total Tangible Assets	342 000	339 000	92 000	64 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	342 000	339 000	92 000	64 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	88 000	0	13 000	43 000
Total Current Assets	94 000	71 000	28 000	45 000
Total Assets	436 000	410 000	120 000	109 000
Total Equity	91 000	81 000	98 000	68 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	344 000	0	3 000	3 000
Creditors	2 000	2 000	5 000	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	78 000	6 000	26 000
Total Current Debt	2 000	330 000	19 000	38 000
Total Equity and Debt	436 000	410 000	120 000	109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,99 %	−20,99 %	30,61 %	20,59 %
Debt-to-Equity Ratio	3,78	0	0,03	0,04
Operating Profit Margin	12,44 %	−32,31 %	28,24 %	13,85 %
Current Ratio	47	0,22	1,47	1,18
Quick Ratio	47	0,22	1,47	1,18
Equity Ratio	0,21	0,2	0,82	0,62
Gross Profit Margin	84,33 %	93,85 %	100 %	98,46 %