GROV EIENDOM AS

5412 STORD

Finances

Share Ownership

Return on Equity

4,2 %

Current Ratio

0,86

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	960 000	983 000	1 494 000	972 000
Net Income	250 000	−45 000	575 000	555 000
Total Assets	9 531 000	10 366 000	10 852 000	10 376 000
Total Equity	5 953 000	6 579 000	6 623 000	6 611 000

Income (NOK)	2022	2021	2020	2019
Revenue	960 000	983 000	1 494 000	972 000
Expenditure	539 000	963 000	656 000	125 000
Operating Profit	421 000	19 000	838 000	847 000
Financial Income	0	0	0	0
Financial Costs	101 000	77 000	101 000	137 000
Financial Balance	−101 000	−77 000	−101 000	−137 000
Earnings Before Tax	320 000	−57 000	737 000	710 000
Tax	70 000	−13 000	162 000	155 000
Net Income	250 000	−45 000	575 000	555 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 678 000	8 676 000	8 760 000	8 886 000
Total Current Assets	853 000	1 690 000	2 092 000	1 491 000
Total Assets	9 531 000	10 366 000	10 852 000	10 376 000
Total Retained Equity	2 000	627 000	672 000	660 000
Total Equity	5 953 000	6 579 000	6 623 000	6 611 000
Total Long-Term Debt	2 590 000	2 970 000	3 383 000	3 536 000
Total Current Debt	987 000	818 000	846 000	100 000
Total Equity and Debt	9 531 000	10 366 000	10 852 000	10 376 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 418 000	503 000	0	0
Other Income	−458 000	480 000	1 494 000	972 000
Revenue	960 000	983 000	1 494 000	972 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	141 000	126 000	125 000	125 000
Impairment	0	0	0	0
Expenditure	539 000	963 000	656 000	125 000
Operating Profit	421 000	19 000	838 000	847 000
Financial Income	0	0	0	0
Financial Costs	101 000	77 000	101 000	137 000
Financial Balance	−101 000	−77 000	−101 000	−137 000
Dividends	875 000	0	0	0
Net Income	250 000	−45 000	575 000	555 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 583 000	8 635 000	8 760 000	8 886 000
Machinery and Plant Facilities	33 000	41 000	0	0
Fixtures	62 000	0	0	0
Total Tangible Assets	8 678 000	8 676 000	8 760 000	8 886 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 678 000	8 676 000	8 760 000	8 886 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	536 000	254 000	344 000	0
Total Current Assets	853 000	1 690 000	2 092 000	1 491 000
Total Assets	9 531 000	10 366 000	10 852 000	10 376 000
Total Equity	5 953 000	6 579 000	6 623 000	6 611 000
Short-Term Group Debt	0	722 000	0	0
Total Long-Term Debt	2 590 000	2 970 000	3 383 000	3 536 000
Creditors	13 000	81 000	111 000	0
Unpaid Taxes	24 000	3 000	1 000	40 000
Dividends	875 000	0	0	0
Other Current Debt	26 000	12 000	734 000	31 000
Total Current Debt	987 000	818 000	846 000	100 000
Total Equity and Debt	9 531 000	10 366 000	10 852 000	10 376 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,2 %	−0,68 %	8,68 %	8,4 %
Debt-to-Equity Ratio	0,44	0,45	0,51	0,53
Operating Profit Margin	43,85 %	1,93 %	56,09 %	87,14 %
Current Ratio	0,86	2,07	2,47	14,91
Quick Ratio	0,86	2,07	2,47	14,91
Equity Ratio	0,62	0,63	0,61	0,64
Gross Profit Margin	100 %	100 %	100 %	100 %