GRØSETH AS

7070 BOSBERG

Finances

Return on Equity

94,92 %

Current Ratio

0,64

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 204 000	1 531 000	2 867 000	320 000
Net Income	654 000	260 000	−93 000	−132 000
Total Assets	2 159 000	1 173 000	1 342 000	1 101 000
Total Equity	689 000	35 000	−225 000	−132 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 204 000	1 531 000	2 867 000	320 000
Expenditure	1 316 000	1 257 000	2 954 000	452 000
Operating Profit	889 000	274 000	−87 000	−132 000
Financial Income	3 000	14 000	1 000	0
Financial Costs	53 000	20 000	7 000	0
Financial Balance	−50 000	−6 000	−6 000	0
Earnings Before Tax	839 000	268 000	−93 000	−132 000
Tax	185 000	8 000	0	0
Net Income	654 000	260 000	−93 000	−132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 379 000	261 000	293 000	210 000
Total Current Assets	780 000	913 000	1 049 000	891 000
Total Assets	2 159 000	1 173 000	1 342 000	1 101 000
Total Retained Equity	587 000	−67 000	−327 000	−234 000
Total Equity	689 000	35 000	−225 000	−132 000
Total Long-Term Debt	247 000	1 000	0	0
Total Current Debt	1 222 000	1 137 000	1 567 000	1 232 000
Total Equity and Debt	2 159 000	1 173 000	1 342 000	1 101 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 204 000	1 531 000	2 867 000	320 000
Other Income	0	0	0	0
Revenue	2 204 000	1 531 000	2 867 000	320 000
Cost of Goods Sold	486 000	326 000	1 915 000	148 000
Salary Costs	0	0	1 000	0
Depreciation	72 000	21 000	14 000	1 000
Impairment	0	0	0	0
Expenditure	1 316 000	1 257 000	2 954 000	452 000
Operating Profit	889 000	274 000	−87 000	−132 000
Financial Income	3 000	14 000	1 000	0
Financial Costs	53 000	20 000	7 000	0
Financial Balance	−50 000	−6 000	−6 000	0
Dividends	0	0	0	0
Net Income	654 000	260 000	−93 000	−132 000

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	96 000	112 000	126 000	210 000
Fixtures	838 000	29 000	37 000	0
Total Tangible Assets	934 000	141 000	163 000	210 000
Total Fiancial Fixed Assets	444 000	119 000	130 000	0
Total Fixed Assets	1 379 000	261 000	293 000	210 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	377 000	30 000	439 000	414 000
Total Current Assets	780 000	913 000	1 049 000	891 000
Total Assets	2 159 000	1 173 000	1 342 000	1 101 000
Total Equity	689 000	35 000	−225 000	−132 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	247 000	1 000	0	0
Creditors	524 000	75 000	687 000	286 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	586 000	1 055 000	880 000	946 000
Total Current Debt	1 222 000	1 137 000	1 567 000	1 232 000
Total Equity and Debt	2 159 000	1 173 000	1 342 000	1 101 000

Financial indicators	2022	2021	2020	2019
Return on Equity	94,92 %	742,86 %	41,33 %	100 %
Debt-to-Equity Ratio	0,36	0,03	−0	−0
Operating Profit Margin	40,34 %	17,9 %	−3,03 %	−41,25 %
Current Ratio	0,64	0,8	0,67	0,72
Quick Ratio	0,64	0,8	0,67	0,72
Equity Ratio	0,32	0,03	−0,17	−0,12
Gross Profit Margin	77,95 %	78,71 %	33,21 %	53,75 %