GRØNHAUG RETAIL AS

5015 BERGEN

Finances

Return on Equity

27,14 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	136 586 000	111 652 000	92 206 000	116 737 000
Net Income	6 982 000	3 983 000	1 407 000	1 484 000
Total Assets	63 086 000	62 052 000	63 136 000	46 977 000
Total Equity	25 730 000	24 748 000	26 765 000	25 358 000

Income (NOK)	2022	2021	2020	2019
Revenue	136 586 000	111 652 000	92 206 000	116 737 000
Expenditure	127 591 000	106 198 000	90 107 000	114 529 000
Operating Profit	8 996 000	5 453 000	2 099 000	2 209 000
Financial Income	254 000	74 000	60 000	49 000
Financial Costs	295 000	419 000	354 000	352 000
Financial Balance	−41 000	−345 000	−294 000	−303 000
Earnings Before Tax	8 955 000	5 108 000	1 805 000	1 906 000
Tax	1 973 000	1 125 000	398 000	421 000
Net Income	6 982 000	3 983 000	1 407 000	1 484 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 772 000	11 027 000	12 098 000	14 783 000
Total Current Assets	53 314 000	51 025 000	51 038 000	32 194 000
Total Assets	63 086 000	62 052 000	63 136 000	46 977 000
Total Retained Equity	14 491 000	13 509 000	15 526 000	14 119 000
Total Equity	25 730 000	24 748 000	26 765 000	25 358 000
Total Long-Term Debt	4 981 000	10 426 000	15 765 000	6 399 000
Total Current Debt	32 374 000	26 878 000	20 606 000	15 220 000
Total Equity and Debt	63 086 000	62 052 000	63 136 000	46 977 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	136 586 000	109 114 000	88 821 000	116 582 000
Other Income	0	2 538 000	3 385 000	156 000
Revenue	136 586 000	111 652 000	92 206 000	116 737 000
Cost of Goods Sold	68 367 000	55 390 000	44 721 000	58 129 000
Salary Costs	25 971 000	21 964 000	19 053 000	24 929 000
Depreciation	2 419 000	2 734 000	3 196 000	4 307 000
Impairment	0	0	0	0
Expenditure	127 591 000	106 198 000	90 107 000	114 529 000
Operating Profit	8 996 000	5 453 000	2 099 000	2 209 000
Financial Income	254 000	74 000	60 000	49 000
Financial Costs	295 000	419 000	354 000	352 000
Financial Balance	−41 000	−345 000	−294 000	−303 000
Dividends	6 000 000	6 000 000	0	0
Net Income	6 982 000	3 983 000	1 407 000	1 484 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	8 000
Total Intangible Assets	565 000	651 000	702 000	1 107 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 795 000	9 993 000	11 151 000	13 430 000
Total Tangible Assets	8 795 000	9 993 000	11 151 000	13 430 000
Total Fiancial Fixed Assets	412 000	383 000	246 000	246 000
Total Fixed Assets	9 772 000	11 027 000	12 098 000	14 783 000
Stock	30 234 000	24 669 000	25 363 000	21 239 000
Total Investments	0	0	0	0
Cash, Bank	21 541 000	24 495 000	22 480 000	8 820 000
Total Current Assets	53 314 000	51 025 000	51 038 000	32 194 000
Total Assets	63 086 000	62 052 000	63 136 000	46 977 000
Total Equity	25 730 000	24 748 000	26 765 000	25 358 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 981 000	10 426 000	15 765 000	6 399 000
Creditors	13 030 000	14 467 000	12 043 000	7 047 000
Unpaid Taxes	6 443 000	5 229 000	3 963 000	5 612 000
Dividends	6 000 000	6 000 000	0	0
Other Current Debt	5 013 000	4 108 000	4 599 000	2 561 000
Total Current Debt	32 374 000	26 878 000	20 606 000	15 220 000
Total Equity and Debt	63 086 000	62 052 000	63 136 000	46 977 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,14 %	16,09 %	5,26 %	5,85 %
Debt-to-Equity Ratio	0,19	0,42	0,59	0,25
Operating Profit Margin	6,59 %	4,88 %	2,28 %	1,89 %
Current Ratio	1,65	1,9	2,48	2,12
Quick Ratio	24,91	23,1	−10,73	−5,35
Equity Ratio	0,41	0,4	0,42	0,54
Gross Profit Margin	49,95 %	50,39 %	51,5 %	50,21 %