Grøtan Glass og Aluminium A/S

7652 VERDAL

Finances

Share Ownership

Return on Equity

12,55 %

Current Ratio

2,25

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 628 000	20 096 000	16 199 000	16 728 000
Net Income	571 000	929 000	255 000	411 000
Total Assets	10 157 000	11 250 000	7 693 000	9 770 000
Total Equity	4 548 000	4 377 000	4 048 000	4 336 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 628 000	20 096 000	16 199 000	16 728 000
Expenditure	17 810 000	18 864 000	15 804 000	16 197 000
Operating Profit	817 000	1 233 000	395 000	531 000
Financial Income	2 000	10 000	1 000	4 000
Financial Costs	87 000	51 000	69 000	8 000
Financial Balance	−85 000	−41 000	−68 000	−4 000
Earnings Before Tax	732 000	1 192 000	327 000	527 000
Tax	161 000	263 000	72 000	116 000
Net Income	571 000	929 000	255 000	411 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 353 000	1 842 000	2 035 000	2 279 000
Total Current Assets	7 804 000	9 408 000	5 657 000	7 491 000
Total Assets	10 157 000	11 250 000	7 693 000	9 770 000
Total Retained Equity	3 998 000	3 827 000	3 498 000	3 786 000
Total Equity	4 548 000	4 377 000	4 048 000	4 336 000
Total Long-Term Debt	2 148 000	2 040 000	1 313 000	1 281 000
Total Current Debt	3 461 000	4 833 000	2 331 000	4 153 000
Total Equity and Debt	10 157 000	11 250 000	7 693 000	9 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 628 000	20 096 000	16 199 000	16 728 000
Other Income	0	0	0	0
Revenue	18 628 000	20 096 000	16 199 000	16 728 000
Cost of Goods Sold	6 659 000	8 115 000	6 771 000	6 279 000
Salary Costs	7 796 000	7 524 000	5 978 000	6 765 000
Depreciation	362 000	288 000	286 000	149 000
Impairment	0	0	0	0
Expenditure	17 810 000	18 864 000	15 804 000	16 197 000
Operating Profit	817 000	1 233 000	395 000	531 000
Financial Income	2 000	10 000	1 000	4 000
Financial Costs	87 000	51 000	69 000	8 000
Financial Balance	−85 000	−41 000	−68 000	−4 000
Dividends	400 000	600 000	240 000	400 000
Net Income	571 000	929 000	255 000	411 000

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	0	0	0	0
Fixtures	2 310 000	1 756 000	1 906 000	2 106 000
Total Tangible Assets	2 310 000	1 756 000	1 906 000	2 106 000
Total Fiancial Fixed Assets	43 000	86 000	129 000	173 000
Total Fixed Assets	2 353 000	1 842 000	2 035 000	2 279 000
Stock	3 935 000	3 508 000	3 288 000	3 043 000
Total Investments	0	0	0	0
Cash, Bank	2 101 000	3 459 000	1 134 000	3 406 000
Total Current Assets	7 804 000	9 408 000	5 657 000	7 491 000
Total Assets	10 157 000	11 250 000	7 693 000	9 770 000
Total Equity	4 548 000	4 377 000	4 048 000	4 336 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 148 000	2 040 000	1 313 000	1 281 000
Creditors	640 000	987 000	484 000	2 291 000
Unpaid Taxes	1 102 000	1 619 000	738 000	514 000
Dividends	400 000	600 000	240 000	400 000
Other Current Debt	1 572 000	1 970 000	1 049 000	1 297 000
Total Current Debt	3 461 000	4 833 000	2 331 000	4 153 000
Total Equity and Debt	10 157 000	11 250 000	7 693 000	9 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,55 %	21,22 %	6,3 %	9,48 %
Debt-to-Equity Ratio	0,47	0,47	0,32	0,3
Operating Profit Margin	4,39 %	6,14 %	2,44 %	3,17 %
Current Ratio	2,25	1,95	2,43	1,8
Quick Ratio	−16,46	7,1	−5,91	6,75
Equity Ratio	0,45	0,39	0,53	0,44
Gross Profit Margin	64,25 %	59,62 %	58,2 %	62,46 %