GRØNEFED KULTURTUN AS

4364 SIREVÅG

Finances

Share Ownership

Return on Equity

2,69 %

Current Ratio

2,44

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 395 000	4 807 000	3 674 000	3 849 000
Net Income	37 000	653 000	677 000	94 000
Total Assets	3 140 000	3 070 000	2 036 000	803 000
Total Equity	1 378 000	1 341 000	688 000	−337 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 395 000	4 807 000	3 674 000	3 849 000
Expenditure	6 339 000	4 136 000	2 980 000	3 716 000
Operating Profit	57 000	672 000	694 000	133 000
Financial Income	4 000	0	1 000	0
Financial Costs	24 000	19 000	18 000	39 000
Financial Balance	−20 000	−19 000	−17 000	−39 000
Earnings Before Tax	37 000	653 000	677 000	94 000
Tax	0	0	0	0
Net Income	37 000	653 000	677 000	94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 914 000	1 998 000	696 000	633 000
Total Current Assets	1 225 000	1 073 000	1 340 000	170 000
Total Assets	3 140 000	3 070 000	2 036 000	803 000
Total Retained Equity	−184 000	−222 000	−875 000	−1 552 000
Total Equity	1 378 000	1 341 000	688 000	−337 000
Total Long-Term Debt	1 260 000	1 387 000	888 000	626 000
Total Current Debt	502 000	343 000	460 000	514 000
Total Equity and Debt	3 140 000	3 070 000	2 036 000	803 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 510 000	2 574 000	2 550 000	3 621 000
Other Income	884 000	2 233 000	1 124 000	228 000
Revenue	6 395 000	4 807 000	3 674 000	3 849 000
Cost of Goods Sold	3 689 000	2 212 000	1 556 000	2 126 000
Salary Costs	1 254 000	931 000	618 000	597 000
Depreciation	158 000	61 000	67 000	81 000
Impairment	0	0	0	0
Expenditure	6 339 000	4 136 000	2 980 000	3 716 000
Operating Profit	57 000	672 000	694 000	133 000
Financial Income	4 000	0	1 000	0
Financial Costs	24 000	19 000	18 000	39 000
Financial Balance	−20 000	−19 000	−17 000	−39 000
Dividends	0	0	0	0
Net Income	37 000	653 000	677 000	94 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	17 000	17 000	17 000
Real Eastate	1 284 000	1 284 000	592 000	561 000
Machinery and Plant Facilities	5 000	11 000	22 000	42 000
Fixtures	625 000	685 000	65 000	14 000
Total Tangible Assets	1 914 000	1 980 000	679 000	616 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 914 000	1 998 000	696 000	633 000
Stock	52 000	47 000	62 000	50 000
Total Investments	0	0	0	0
Cash, Bank	643 000	557 000	980 000	51 000
Total Current Assets	1 225 000	1 073 000	1 340 000	170 000
Total Assets	3 140 000	3 070 000	2 036 000	803 000
Total Equity	1 378 000	1 341 000	688 000	−337 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 260 000	1 387 000	888 000	626 000
Creditors	113 000	106 000	229 000	108 000
Unpaid Taxes	229 000	136 000	99 000	104 000
Dividends	0	0	0	0
Other Current Debt	160 000	101 000	131 000	106 000
Total Current Debt	502 000	343 000	460 000	514 000
Total Equity and Debt	3 140 000	3 070 000	2 036 000	803 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,69 %	48,7 %	98,4 %	−27,89 %
Debt-to-Equity Ratio	0,91	1,03	1,29	−1,86
Operating Profit Margin	0,89 %	13,98 %	18,89 %	3,46 %
Current Ratio	2,44	3,13	2,91	0,33
Quick Ratio	2,72	3,63	3,37	0,37
Equity Ratio	0,44	0,44	0,34	−0,42
Gross Profit Margin	42,31 %	53,98 %	57,65 %	44,76 %