GRØTAN MØBLER AS

7130 BREKSTAD

Finances

Return on Equity

20,27 %

Current Ratio

2,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 025 000	26 778 000	25 637 000	22 091 000
Net Income	2 337 000	4 702 000	2 077 000	333 000
Total Assets	17 025 000	19 682 000	15 362 000	13 078 000
Total Equity	11 528 000	10 990 000	10 249 000	9 472 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 025 000	26 778 000	25 637 000	22 091 000
Expenditure	24 904 000	24 517 000	23 247 000	21 877 000
Operating Profit	1 122 000	2 262 000	2 390 000	214 000
Financial Income	1 495 000	2 971 000	234 000	185 000
Financial Costs	2 000	2 000	5 000	1 000
Financial Balance	1 493 000	2 969 000	229 000	184 000
Earnings Before Tax	2 615 000	5 230 000	2 619 000	398 000
Tax	278 000	528 000	542 000	65 000
Net Income	2 337 000	4 702 000	2 077 000	333 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 979 000	3 229 000	2 983 000	2 963 000
Total Current Assets	14 047 000	16 453 000	12 379 000	10 115 000
Total Assets	17 025 000	19 682 000	15 362 000	13 078 000
Total Retained Equity	10 578 000	10 040 000	9 299 000	8 522 000
Total Equity	11 528 000	10 990 000	10 249 000	9 472 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 497 000	8 692 000	5 113 000	3 606 000
Total Equity and Debt	17 025 000	19 682 000	15 362 000	13 078 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 992 000	26 730 000	25 292 000	21 834 000
Other Income	33 000	48 000	346 000	258 000
Revenue	26 025 000	26 778 000	25 637 000	22 091 000
Cost of Goods Sold	14 542 000	14 533 000	14 282 000	12 542 000
Salary Costs	5 821 000	5 493 000	4 867 000	5 146 000
Depreciation	239 000	205 000	131 000	137 000
Impairment	0	0	0	0
Expenditure	24 904 000	24 517 000	23 247 000	21 877 000
Operating Profit	1 122 000	2 262 000	2 390 000	214 000
Financial Income	1 495 000	2 971 000	234 000	185 000
Financial Costs	2 000	2 000	5 000	1 000
Financial Balance	1 493 000	2 969 000	229 000	184 000
Dividends	1 800 000	3 960 000	1 300 000	300 000
Net Income	2 337 000	4 702 000	2 077 000	333 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	235 000	248 000	260 000	274 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	482 000	720 000	376 000	508 000
Total Tangible Assets	482 000	720 000	376 000	508 000
Total Fiancial Fixed Assets	2 262 000	2 262 000	2 346 000	2 181 000
Total Fixed Assets	2 979 000	3 229 000	2 983 000	2 963 000
Stock	6 618 000	5 823 000	5 113 000	5 158 000
Total Investments	0	0	0	0
Cash, Bank	6 137 000	8 978 000	6 385 000	3 928 000
Total Current Assets	14 047 000	16 453 000	12 379 000	10 115 000
Total Assets	17 025 000	19 682 000	15 362 000	13 078 000
Total Equity	11 528 000	10 990 000	10 249 000	9 472 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	817 000	801 000	700 000	805 000
Unpaid Taxes	747 000	1 014 000	636 000	650 000
Dividends	1 800 000	3 960 000	1 300 000	300 000
Other Current Debt	1 868 000	2 401 000	3 250 000	2 099 000
Total Current Debt	5 497 000	8 692 000	5 113 000	3 606 000
Total Equity and Debt	17 025 000	19 682 000	15 362 000	13 078 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,27 %	42,78 %	20,27 %	3,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,31 %	8,45 %	9,32 %	0,97 %
Current Ratio	2,56	1,89	2,42	2,81
Quick Ratio	−12,53	5,73	-	−6,52
Equity Ratio	0,68	0,56	0,67	0,72
Gross Profit Margin	44,12 %	45,73 %	44,29 %	43,23 %