STEIN GRØTTING AS

1464 FJELLHAMAR

Finances

Return on Equity

31,96 %

Current Ratio

2,47

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020
Revenue	12 046 000	12 217 000	14 127 000
Net Income	2 650 000	2 369 000	3 866 000
Total Assets	14 939 000	21 873 000	21 322 000
Total Equity	8 292 000	5 642 000	3 297 000

Income (NOK)	2022	2021	2020
Revenue	12 046 000	12 217 000	14 127 000
Expenditure	8 463 000	9 013 000	8 090 000
Operating Profit	3 582 000	3 203 000	6 036 000
Financial Income	4 000	4 000	8 000
Financial Costs	180 000	169 000	279 000
Financial Balance	−176 000	−165 000	−271 000
Earnings Before Tax	3 406 000	3 039 000	5 765 000
Tax	755 000	670 000	1 899 000
Net Income	2 650 000	2 369 000	3 866 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 928 000	7 429 000	8 889 000
Total Current Assets	9 011 000	14 444 000	12 433 000
Total Assets	14 939 000	21 873 000	21 322 000
Total Retained Equity	8 262 000	5 612 000	3 267 000
Total Equity	8 292 000	5 642 000	3 297 000
Total Long-Term Debt	2 994 000	4 849 000	5 877 000
Total Current Debt	3 652 000	11 382 000	12 148 000
Total Equity and Debt	14 939 000	21 873 000	21 322 000

Cash flow (NOK)	2022	2021	2020
Sales Income	12 046 000	12 217 000	14 127 000
Other Income	0	0	0
Revenue	12 046 000	12 217 000	14 127 000
Cost of Goods Sold	2 827 000	3 825 000	3 288 000
Salary Costs	1 916 000	1 502 000	1 014 000
Depreciation	1 623 000	1 646 000	1 883 000
Impairment	0	0	0
Expenditure	8 463 000	9 013 000	8 090 000
Operating Profit	3 582 000	3 203 000	6 036 000
Financial Income	4 000	4 000	8 000
Financial Costs	180 000	169 000	279 000
Financial Balance	−176 000	−165 000	−271 000
Dividends	0	0	0
Net Income	2 650 000	2 369 000	3 866 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	2 062 000	2 757 000	3 368 000
Fixtures	3 702 000	4 533 000	5 413 000
Total Tangible Assets	5 764 000	7 290 000	8 781 000
Total Fiancial Fixed Assets	164 000	138 000	108 000
Total Fixed Assets	5 928 000	7 429 000	8 889 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	7 343 000	13 068 000	11 180 000
Total Current Assets	9 011 000	14 444 000	12 433 000
Total Assets	14 939 000	21 873 000	21 322 000
Total Equity	8 292 000	5 642 000	3 297 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 994 000	4 849 000	5 877 000
Creditors	680 000	368 000	275 000
Unpaid Taxes	347 000	520 000	833 000
Dividends	0	0	0
Other Current Debt	1 790 000	9 813 000	9 507 000
Total Current Debt	3 652 000	11 382 000	12 148 000
Total Equity and Debt	14 939 000	21 873 000	21 322 000

Financial indicators	2022	2021	2020
Return on Equity	31,96 %	41,99 %	117,26 %
Debt-to-Equity Ratio	0,36	0,86	1,78
Operating Profit Margin	29,74 %	26,22 %	42,73 %
Current Ratio	2,47	1,27	1,02
Quick Ratio	2,47	1,27	1,02
Equity Ratio	0,56	0,26	0,15
Gross Profit Margin	76,53 %	68,69 %	76,73 %