GROVEN SKOG AS

3890 VINJE

Finances

Share Ownership

Return on Equity

12,16 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 549 000	2 101 000	2 206 000	2 674 000
Net Income	58 000	−126 000	0	806 000
Total Assets	1 025 000	945 000	1 278 000	1 380 000
Total Equity	477 000	420 000	546 000	906 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 549 000	2 101 000	2 206 000	2 674 000
Expenditure	2 468 000	2 253 000	2 200 000	1 636 000
Operating Profit	81 000	−152 000	7 000	1 038 000
Financial Income	4 000	2 000	1 000	0
Financial Costs	10 000	12 000	7 000	4 000
Financial Balance	−6 000	−10 000	−6 000	−4 000
Earnings Before Tax	75 000	−162 000	0	1 034 000
Tax	17 000	−36 000	0	227 000
Net Income	58 000	−126 000	0	806 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	602 000	773 000	999 000	1 103 000
Total Current Assets	424 000	172 000	279 000	277 000
Total Assets	1 025 000	945 000	1 278 000	1 380 000
Total Retained Equity	377 000	320 000	446 000	806 000
Total Equity	477 000	420 000	546 000	906 000
Total Long-Term Debt	218 000	315 000	459 000	203 000
Total Current Debt	330 000	211 000	273 000	272 000
Total Equity and Debt	1 025 000	945 000	1 278 000	1 380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 549 000	2 086 000	2 206 000	2 172 000
Other Income	0	15 000	0	502 000
Revenue	2 549 000	2 101 000	2 206 000	2 674 000
Cost of Goods Sold	29 000	4 000	74 000	138 000
Salary Costs	806 000	888 000	924 000	335 000
Depreciation	110 000	117 000	76 000	76 000
Impairment	0	0	0	0
Expenditure	2 468 000	2 253 000	2 200 000	1 636 000
Operating Profit	81 000	−152 000	7 000	1 038 000
Financial Income	4 000	2 000	1 000	0
Financial Costs	10 000	12 000	7 000	4 000
Financial Balance	−6 000	−10 000	−6 000	−4 000
Dividends	0	0	360 000	0
Net Income	58 000	−126 000	0	806 000

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	61 000	72 000	131 000	100 000
Fixtures	367 000	449 000	536 000	230 000
Total Tangible Assets	429 000	521 000	666 000	331 000
Total Fiancial Fixed Assets	173 000	253 000	333 000	773 000
Total Fixed Assets	602 000	773 000	999 000	1 103 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	361 000	172 000	138 000	272 000
Total Current Assets	424 000	172 000	279 000	277 000
Total Assets	1 025 000	945 000	1 278 000	1 380 000
Total Equity	477 000	420 000	546 000	906 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	218 000	315 000	459 000	203 000
Creditors	125 000	19 000	108 000	19 000
Unpaid Taxes	115 000	100 000	81 000	84 000
Dividends	0	0	360 000	0
Other Current Debt	84 000	92 000	84 000	31 000
Total Current Debt	330 000	211 000	273 000	272 000
Total Equity and Debt	1 025 000	945 000	1 278 000	1 380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,16 %	−30 %	0 %	88,96 %
Debt-to-Equity Ratio	0,46	0,75	0,84	0,22
Operating Profit Margin	3,18 %	−7,23 %	0,32 %	38,82 %
Current Ratio	1,28	0,82	1,02	1,02
Quick Ratio	1,28	0,82	1,02	1,02
Equity Ratio	0,47	0,44	0,43	0,66
Gross Profit Margin	98,86 %	99,81 %	96,65 %	94,84 %