ROBERT GRØNBECH AS

8850 HERØY

Finances

Return on Equity

19,29 %

Current Ratio

5,65

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 358 000	45 041 000	41 999 000	32 007 000
Net Income	3 377 000	3 489 000	2 192 000	1 149 000
Total Assets	22 763 000	19 091 000	15 151 000	11 366 000
Total Equity	17 506 000	14 129 000	10 640 000	8 448 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 358 000	45 041 000	41 999 000	32 007 000
Expenditure	38 365 000	40 770 000	37 679 000	29 809 000
Operating Profit	3 995 000	4 271 000	4 321 000	2 198 000
Financial Income	330 000	175 000	51 000	422 000
Financial Costs	9 000	1 000	1 212 000	1 250 000
Financial Balance	321 000	174 000	−1 161 000	−828 000
Earnings Before Tax	4 316 000	4 446 000	3 160 000	1 370 000
Tax	940 000	957 000	967 000	221 000
Net Income	3 377 000	3 489 000	2 192 000	1 149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	580 000	598 000	745 000	787 000
Total Current Assets	22 184 000	18 494 000	14 406 000	10 579 000
Total Assets	22 763 000	19 091 000	15 151 000	11 366 000
Total Retained Equity	17 406 000	14 029 000	10 540 000	8 348 000
Total Equity	17 506 000	14 129 000	10 640 000	8 448 000
Total Long-Term Debt	1 329 000	1 071 000	717 000	706 000
Total Current Debt	3 929 000	3 891 000	3 794 000	2 212 000
Total Equity and Debt	22 763 000	19 091 000	15 151 000	11 366 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 957 000	44 722 000	41 713 000	31 789 000
Other Income	402 000	319 000	286 000	217 000
Revenue	42 358 000	45 041 000	41 999 000	32 007 000
Cost of Goods Sold	29 802 000	31 818 000	29 716 000	22 935 000
Salary Costs	5 064 000	5 166 000	4 564 000	3 858 000
Depreciation	174 000	151 000	118 000	179 000
Impairment	202 000	23 000	0	144 000
Expenditure	38 365 000	40 770 000	37 679 000	29 809 000
Operating Profit	3 995 000	4 271 000	4 321 000	2 198 000
Financial Income	330 000	175 000	51 000	422 000
Financial Costs	9 000	1 000	1 212 000	1 250 000
Financial Balance	321 000	174 000	−1 161 000	−828 000
Dividends	0	0	0	0
Net Income	3 377 000	3 489 000	2 192 000	1 149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	69 000	69 000	69 000	69 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	511 000	529 000	676 000	632 000
Total Tangible Assets	580 000	598 000	745 000	701 000
Total Fiancial Fixed Assets	0	0	0	86 000
Total Fixed Assets	580 000	598 000	745 000	787 000
Stock	2 090 000	1 713 000	1 472 000	1 360 000
Total Investments	965 000	766 000	575 000	125 000
Cash, Bank	16 417 000	12 982 000	9 541 000	6 962 000
Total Current Assets	22 184 000	18 494 000	14 406 000	10 579 000
Total Assets	22 763 000	19 091 000	15 151 000	11 366 000
Total Equity	17 506 000	14 129 000	10 640 000	8 448 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 329 000	1 071 000	717 000	706 000
Creditors	1 607 000	1 485 000	1 499 000	956 000
Unpaid Taxes	529 000	454 000	567 000	480 000
Dividends	0	0	0	0
Other Current Debt	853 000	995 000	760 000	556 000
Total Current Debt	3 929 000	3 891 000	3 794 000	2 212 000
Total Equity and Debt	22 763 000	19 091 000	15 151 000	11 366 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,29 %	24,69 %	20,6 %	13,6 %
Debt-to-Equity Ratio	0,08	0,08	0,07	0,08
Operating Profit Margin	9,43 %	9,48 %	10,29 %	6,87 %
Current Ratio	5,65	4,75	3,8	4,78
Quick Ratio	12,06	8,49	6,2	12,42
Equity Ratio	0,77	0,74	0,7	0,74
Gross Profit Margin	29,64 %	29,36 %	29,25 %	28,34 %