SVEIN GRØNNESTAD AS

4020 STAVANGER

Finances

Share Ownership

Return on Equity

37,16 %

Current Ratio

20,1

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 628 000	412 000	353 000	402 000
Net Income	1 600 000	155 000	−63 000	−78 000
Total Assets	4 821 000	4 610 000	4 635 000	4 707 000
Total Equity	4 306 000	2 706 000	2 551 000	2 613 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 628 000	412 000	353 000	402 000
Expenditure	689 000	370 000	463 000	469 000
Operating Profit	1 939 000	42 000	−111 000	−67 000
Financial Income	22 000	113 000	185 000	70 000
Financial Costs	86 000	0	137 000	81 000
Financial Balance	−64 000	113 000	48 000	−11 000
Earnings Before Tax	1 876 000	155 000	−63 000	−78 000
Tax	276 000	0	0	0
Net Income	1 600 000	155 000	−63 000	−78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	3 441 000	3 446 000	3 451 000
Total Current Assets	4 804 000	1 169 000	1 190 000	1 257 000
Total Assets	4 821 000	4 610 000	4 635 000	4 707 000
Total Retained Equity	4 206 000	2 606 000	2 451 000	2 513 000
Total Equity	4 306 000	2 706 000	2 551 000	2 613 000
Total Long-Term Debt	276 000	0	0	0
Total Current Debt	239 000	1 904 000	2 084 000	2 094 000
Total Equity and Debt	4 821 000	4 610 000	4 635 000	4 707 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	336 000	122 000	68 000	91 000
Other Income	2 292 000	291 000	285 000	310 000
Revenue	2 628 000	412 000	353 000	402 000
Cost of Goods Sold	3 000	0	0	0
Salary Costs	377 000	140 000	313 000	330 000
Depreciation	5 000	5 000	5 000	3 000
Impairment	0	0	0	0
Expenditure	689 000	370 000	463 000	469 000
Operating Profit	1 939 000	42 000	−111 000	−67 000
Financial Income	22 000	113 000	185 000	70 000
Financial Costs	86 000	0	137 000	81 000
Financial Balance	−64 000	113 000	48 000	−11 000
Dividends	0	0	0	0
Net Income	1 600 000	155 000	−63 000	−78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	3 418 000	3 418 000	3 418 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	23 000	28 000	33 000
Total Tangible Assets	18 000	3 441 000	3 446 000	3 451 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	3 441 000	3 446 000	3 451 000
Stock	0	0	0	0
Total Investments	2 844 000	908 000	802 000	700 000
Cash, Bank	1 848 000	233 000	343 000	509 000
Total Current Assets	4 804 000	1 169 000	1 190 000	1 257 000
Total Assets	4 821 000	4 610 000	4 635 000	4 707 000
Total Equity	4 306 000	2 706 000	2 551 000	2 613 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	276 000	0	0	0
Creditors	3 000	28 000	0	5 000
Unpaid Taxes	156 000	4 000	172 000	177 000
Dividends	0	0	0	0
Other Current Debt	81 000	1 871 000	1 912 000	1 912 000
Total Current Debt	239 000	1 904 000	2 084 000	2 094 000
Total Equity and Debt	4 821 000	4 610 000	4 635 000	4 707 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,16 %	5,73 %	−2,47 %	−2,99 %
Debt-to-Equity Ratio	0,06	0	0	0
Operating Profit Margin	73,78 %	10,19 %	−31,44 %	−16,67 %
Current Ratio	20,1	0,61	0,57	0,6
Quick Ratio	20,1	0,61	0,57	0,6
Equity Ratio	0,89	0,59	0,55	0,56
Gross Profit Margin	99,89 %	100 %	100 %	100 %