SVEIN GRØSTAD AS

1423 SKI

Finances

Share Ownership

Return on Equity

−11,39 %

Current Ratio

2,29

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 294 000	10 771 000	6 969 000	11 349 000
Net Income	−473 000	307 000	−113 000	364 000
Total Assets	6 348 000	7 610 000	6 547 000	7 874 000
Total Equity	4 151 000	4 623 000	4 716 000	4 979 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 294 000	10 771 000	6 969 000	11 349 000
Expenditure	11 866 000	10 340 000	7 084 000	10 832 000
Operating Profit	−571 000	431 000	−114 000	518 000
Financial Income	0	0	2 000	1 000
Financial Costs	27 000	35 000	29 000	52 000
Financial Balance	−27 000	−35 000	−27 000	−51 000
Earnings Before Tax	−598 000	396 000	−141 000	467 000
Tax	−126 000	88 000	−28 000	103 000
Net Income	−473 000	307 000	−113 000	364 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 758 000	4 333 000	5 013 000	6 032 000
Total Current Assets	3 590 000	3 276 000	1 535 000	1 841 000
Total Assets	6 348 000	7 610 000	6 547 000	7 874 000
Total Retained Equity	4 051 000	4 523 000	4 616 000	4 879 000
Total Equity	4 151 000	4 623 000	4 716 000	4 979 000
Total Long-Term Debt	629 000	1 105 000	1 050 000	1 256 000
Total Current Debt	1 568 000	1 881 000	781 000	1 638 000
Total Equity and Debt	6 348 000	7 610 000	6 547 000	7 874 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 279 000	9 600 000	6 968 000	11 349 000
Other Income	15 000	1 171 000	1 000	0
Revenue	11 294 000	10 771 000	6 969 000	11 349 000
Cost of Goods Sold	3 107 000	3 131 000	1 964 000	5 984 000
Salary Costs	4 432 000	3 443 000	2 220 000	1 870 000
Depreciation	1 027 000	1 043 000	1 037 000	1 063 000
Impairment	0	0	0	0
Expenditure	11 866 000	10 340 000	7 084 000	10 832 000
Operating Profit	−571 000	431 000	−114 000	518 000
Financial Income	0	0	2 000	1 000
Financial Costs	27 000	35 000	29 000	52 000
Financial Balance	−27 000	−35 000	−27 000	−51 000
Dividends	0	400 000	150 000	306 000
Net Income	−473 000	307 000	−113 000	364 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 000	14 000	16 000	0
Machinery and Plant Facilities	1 802 000	3 260 000	4 048 000	5 865 000
Fixtures	907 000	1 022 000	948 000	168 000
Total Tangible Assets	2 721 000	4 296 000	5 012 000	6 032 000
Total Fiancial Fixed Assets	37 000	37 000	1 000	0
Total Fixed Assets	2 758 000	4 333 000	5 013 000	6 032 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	339 000	2 513 000	1 073 000	1 121 000
Total Current Assets	3 590 000	3 276 000	1 535 000	1 841 000
Total Assets	6 348 000	7 610 000	6 547 000	7 874 000
Total Equity	4 151 000	4 623 000	4 716 000	4 979 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	629 000	1 105 000	1 050 000	1 256 000
Creditors	416 000	451 000	214 000	753 000
Unpaid Taxes	510 000	668 000	354 000	152 000
Dividends	0	400 000	150 000	306 000
Other Current Debt	643 000	762 000	197 000	449 000
Total Current Debt	1 568 000	1 881 000	781 000	1 638 000
Total Equity and Debt	6 348 000	7 610 000	6 547 000	7 874 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,39 %	6,64 %	−2,4 %	7,31 %
Debt-to-Equity Ratio	0,15	0,24	0,22	0,25
Operating Profit Margin	−5,06 %	4 %	−1,64 %	4,56 %
Current Ratio	2,29	1,74	1,97	1,12
Quick Ratio	2,29	1,74	1,97	1,12
Equity Ratio	0,65	0,61	0,72	0,63
Gross Profit Margin	72,49 %	70,93 %	71,82 %	47,27 %