GROVABROTET AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

17,3 %

Current Ratio

8,83

Debt-to-Equity Ratio

4,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 087 000	919 000	931 000	880 000
Net Income	137 000	150 000	250 000	52 000
Total Assets	4 813 000	3 867 000	3 971 000	4 016 000
Total Equity	792 000	655 000	506 000	255 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 087 000	919 000	931 000	880 000
Expenditure	736 000	602 000	467 000	635 000
Operating Profit	351 000	316 000	464 000	245 000
Financial Income	0	0	0	0
Financial Costs	175 000	124 000	143 000	179 000
Financial Balance	−175 000	−124 000	−143 000	−179 000
Earnings Before Tax	175 000	192 000	321 000	66 000
Tax	39 000	42 000	71 000	15 000
Net Income	137 000	150 000	250 000	52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 445 000	3 502 000	3 639 000	3 875 000
Total Current Assets	1 368 000	365 000	332 000	141 000
Total Assets	4 813 000	3 867 000	3 971 000	4 016 000
Total Retained Equity	692 000	555 000	406 000	155 000
Total Equity	792 000	655 000	506 000	255 000
Total Long-Term Debt	3 865 000	3 121 000	3 385 000	3 679 000
Total Current Debt	155 000	90 000	81 000	82 000
Total Equity and Debt	4 813 000	3 867 000	3 971 000	4 016 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 087 000	919 000	931 000	880 000
Revenue	1 087 000	919 000	931 000	880 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	128 000	126 000	126 000	156 000
Impairment	0	0	0	0
Expenditure	736 000	602 000	467 000	635 000
Operating Profit	351 000	316 000	464 000	245 000
Financial Income	0	0	0	0
Financial Costs	175 000	124 000	143 000	179 000
Financial Balance	−175 000	−124 000	−143 000	−179 000
Dividends	0	0	0	0
Net Income	137 000	150 000	250 000	52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	11 000	82 000
Real Eastate	3 444 000	3 497 000	3 621 000	3 744 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	4 000	7 000	49 000
Total Tangible Assets	3 445 000	3 502 000	3 628 000	3 793 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 445 000	3 502 000	3 639 000	3 875 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	195 000	286 000	252 000	107 000
Total Current Assets	1 368 000	365 000	332 000	141 000
Total Assets	4 813 000	3 867 000	3 971 000	4 016 000
Total Equity	792 000	655 000	506 000	255 000
Short-Term Group Debt	0	30 000	30 000	0
Total Long-Term Debt	3 865 000	3 121 000	3 385 000	3 679 000
Creditors	42 000	53 000	27 000	23 000
Unpaid Taxes	−11 000	−28 000	−12 000	0
Dividends	0	0	0	0
Other Current Debt	125 000	35 000	36 000	59 000
Total Current Debt	155 000	90 000	81 000	82 000
Total Equity and Debt	4 813 000	3 867 000	3 971 000	4 016 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,3 %	22,9 %	49,41 %	20,39 %
Debt-to-Equity Ratio	4,88	4,76	6,69	14,43
Operating Profit Margin	32,29 %	34,39 %	49,84 %	27,84 %
Current Ratio	8,83	4,06	4,1	1,72
Quick Ratio	8,83	4,06	4,1	1,72
Equity Ratio	0,16	0,17	0,13	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %