GROOVY AS

0265 OSLO

Finances

Share Ownership

Return on Equity

−29,21 %

Current Ratio

0,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	419 000	452 000	292 000	495 000
Net Income	−26 000	−12 000	−59 000	−15 000
Total Assets	196 000	218 000	254 000	339 000
Total Equity	89 000	115 000	127 000	187 000

Income (NOK)	2022	2021	2020	2019
Revenue	419 000	452 000	292 000	495 000
Expenditure	461 000	467 000	354 000	511 000
Operating Profit	−42 000	−14 000	−60 000	−16 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−42 000	−13 000	−60 000	−15 000
Tax	−16 000	−1 000	−1 000	0
Net Income	−26 000	−12 000	−59 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	159 000	169 000	178 000	173 000
Total Current Assets	37 000	50 000	75 000	166 000
Total Assets	196 000	218 000	254 000	339 000
Total Retained Equity	−11 000	15 000	27 000	87 000
Total Equity	89 000	115 000	127 000	187 000
Total Long-Term Debt	0	16 000	18 000	18 000
Total Current Debt	107 000	87 000	109 000	134 000
Total Equity and Debt	196 000	218 000	254 000	339 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	128 000	135 000	110 000	353 000
Other Income	291 000	317 000	183 000	142 000
Revenue	419 000	452 000	292 000	495 000
Cost of Goods Sold	135 000	179 000	63 000	69 000
Salary Costs	1 000	1 000	1 000	1 000
Depreciation	10 000	10 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	461 000	467 000	354 000	511 000
Operating Profit	−42 000	−14 000	−60 000	−16 000
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	−26 000	−12 000	−59 000	−15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	144 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	154 000	163 000	173 000
Total Tangible Assets	144 000	154 000	163 000	173 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	0
Total Fixed Assets	159 000	169 000	178 000	173 000
Stock	4 000	4 000	4 000	4 000
Total Investments	0	0	0	0
Cash, Bank	27 000	35 000	60 000	156 000
Total Current Assets	37 000	50 000	75 000	166 000
Total Assets	196 000	218 000	254 000	339 000
Total Equity	89 000	115 000	127 000	187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	16 000	18 000	18 000
Creditors	0	0	0	0
Unpaid Taxes	1 000	1 000	1 000	1 000
Dividends	0	0	0	0
Other Current Debt	106 000	86 000	108 000	133 000
Total Current Debt	107 000	87 000	109 000	134 000
Total Equity and Debt	196 000	218 000	254 000	339 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,21 %	−10,43 %	−46,46 %	−8,02 %
Debt-to-Equity Ratio	0	0,14	0,14	0,1
Operating Profit Margin	−10,02 %	−3,1 %	−20,55 %	−3,23 %
Current Ratio	0,35	0,57	0,69	1,24
Quick Ratio	0,36	0,6	0,71	1,28
Equity Ratio	0,45	0,53	0,5	0,55
Gross Profit Margin	67,78 %	60,4 %	78,42 %	86,06 %