GROTTEBADET AS

9405 HARSTAD

Finances

Share Ownership

Return on Equity

5,3 %

Current Ratio

3,53

Debt-to-Equity Ratio

4,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 020 000	17 529 000	17 465 000	19 125 000
Net Income	815 000	−660 000	−1 086 000	405 000
Total Assets	94 332 000	93 815 000	97 864 000	101 715 000
Total Equity	15 390 000	14 549 000	15 208 000	16 295 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 020 000	17 529 000	17 465 000	19 125 000
Expenditure	18 032 000	16 037 000	16 493 000	16 288 000
Operating Profit	2 988 000	1 492 000	971 000	2 838 000
Financial Income	209 000	86 000	151 000	300 000
Financial Costs	2 152 000	2 390 000	2 510 000	2 609 000
Financial Balance	−1 943 000	−2 304 000	−2 359 000	−2 309 000
Earnings Before Tax	1 045 000	−812 000	−1 387 000	528 000
Tax	230 000	−153 000	−301 000	124 000
Net Income	815 000	−660 000	−1 086 000	405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 155 000	82 094 000	82 813 000	83 748 000
Total Current Assets	13 177 000	11 722 000	15 050 000	17 968 000
Total Assets	94 332 000	93 815 000	97 864 000	101 715 000
Total Retained Equity	350 000	−491 000	168 000	1 255 000
Total Equity	15 390 000	14 549 000	15 208 000	16 295 000
Total Long-Term Debt	75 204 000	77 331 000	79 919 000	82 447 000
Total Current Debt	3 738 000	1 936 000	2 736 000	2 974 000
Total Equity and Debt	94 332 000	93 815 000	97 864 000	101 715 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 964 000	14 934 000	15 551 000	16 698 000
Other Income	3 055 000	2 595 000	1 914 000	2 427 000
Revenue	21 020 000	17 529 000	17 465 000	19 125 000
Cost of Goods Sold	1 761 000	1 060 000	1 033 000	1 304 000
Salary Costs	8 601 000	7 693 000	7 418 000	8 602 000
Depreciation	1 097 000	1 093 000	1 037 000	964 000
Impairment	0	0	0	0
Expenditure	18 032 000	16 037 000	16 493 000	16 288 000
Operating Profit	2 988 000	1 492 000	971 000	2 838 000
Financial Income	209 000	86 000	151 000	300 000
Financial Costs	2 152 000	2 390 000	2 510 000	2 609 000
Financial Balance	−1 943 000	−2 304 000	−2 359 000	−2 309 000
Dividends	0	0	0	0
Net Income	815 000	−660 000	−1 086 000	405 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	80 806 000	81 737 000	82 478 000	83 406 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	348 000	357 000	336 000	341 000
Total Tangible Assets	81 155 000	82 094 000	82 813 000	83 748 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	81 155 000	82 094 000	82 813 000	83 748 000
Stock	838 000	848 000	802 000	777 000
Total Investments	0	0	0	0
Cash, Bank	10 655 000	9 485 000	12 669 000	16 233 000
Total Current Assets	13 177 000	11 722 000	15 050 000	17 968 000
Total Assets	94 332 000	93 815 000	97 864 000	101 715 000
Total Equity	15 390 000	14 549 000	15 208 000	16 295 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	75 204 000	77 331 000	79 919 000	82 447 000
Creditors	1 246 000	64 000	1 511 000	732 000
Unpaid Taxes	268 000	335 000	172 000	406 000
Dividends	0	0	0	0
Other Current Debt	2 224 000	1 537 000	1 053 000	1 836 000
Total Current Debt	3 738 000	1 936 000	2 736 000	2 974 000
Total Equity and Debt	94 332 000	93 815 000	97 864 000	101 715 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,3 %	−4,54 %	−7,14 %	2,49 %
Debt-to-Equity Ratio	4,89	5,32	5,26	5,06
Operating Profit Margin	14,22 %	8,51 %	5,56 %	14,84 %
Current Ratio	3,53	6,05	5,5	6,04
Quick Ratio	4,54	10,77	7,78	8,18
Equity Ratio	0,16	0,16	0,16	0,16
Gross Profit Margin	91,62 %	93,95 %	94,09 %	93,18 %