GROVENS

3803 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

108,51 %

Current Ratio

0,95

Debt-to-Equity Ratio

Key figures (NOK)	2020	2019	2018	2017
Revenue	284 000	406 000	478 000	457 000
Net Income	102 000	238 000	292 000	285 000
Total Assets	156 000	239 000	148 000	199 000
Total Equity	94 000	144 000	41 000	95 000

Income (NOK)	2020	2019	2018	2017
Revenue	284 000	406 000	478 000	457 000
Expenditure	182 000	168 000	186 000	172 000
Operating Profit	102 000	238 000	292 000	285 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	102 000	238 000	292 000	285 000
Tax	0	0	0	0
Net Income	102 000	238 000	292 000	285 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	96 000	120 000	0	0
Total Current Assets	60 000	119 000	148 000	199 000
Total Assets	156 000	239 000	148 000	199 000
Total Retained Equity	94 000	144 000	41 000	95 000
Total Equity	94 000	144 000	41 000	95 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	63 000	95 000	107 000	104 000
Total Equity and Debt	156 000	239 000	148 000	199 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	284 000	406 000	478 000	457 000
Other Income	0	0	0	0
Revenue	284 000	406 000	478 000	457 000
Cost of Goods Sold	0	0	0	0
Salary Costs	26 000	26 000	26 000	26 000
Depreciation	24 000	30 000	0	0
Impairment	0	0	0	0
Expenditure	182 000	168 000	186 000	172 000
Operating Profit	102 000	238 000	292 000	285 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	102 000	238 000	292 000	285 000

Balance details (NOK)	2020	2019	2018	2017
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	96 000	120 000	0	0
Total Tangible Assets	96 000	120 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	96 000	120 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	60 000	115 000	136 000
Total Current Assets	60 000	119 000	148 000	199 000
Total Assets	156 000	239 000	148 000	199 000
Total Equity	94 000	144 000	41 000	95 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	60 000	89 000	104 000	96 000
Dividends	0	0	0	0
Other Current Debt	3 000	6 000	2 000	7 000
Total Current Debt	63 000	95 000	107 000	104 000
Total Equity and Debt	156 000	239 000	148 000	199 000

Financial indicators	2020	2019	2018	2017
Return on Equity	108,51 %	165,28 %	712,2 %	300 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	35,92 %	58,62 %	61,09 %	62,36 %
Current Ratio	0,95	1,25	1,38	1,91
Quick Ratio	0,95	1,25	1,38	1,91
Equity Ratio	0,6	0,6	0,28	0,48
Gross Profit Margin	100 %	100 %	100 %	100 %