GROHE AS NORSK AVDELING AV UTENLANDSK FORETAK

0275 OSLO

Finances

Share Ownership

Return on Equity

26,3 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	123 246 000	142 096 000	130 608 000	93 521 000
Net Income	2 581 000	3 256 000	3 218 000	2 004 000
Total Assets	35 927 000	51 202 000	41 994 000	30 960 000
Total Equity	9 814 000	7 233 000	3 977 000	759 000

Income (NOK)	2023	2022	2021	2020
Revenue	123 246 000	142 096 000	130 608 000	93 521 000
Expenditure	118 581 000	137 036 000	127 322 000	88 671 000
Operating Profit	4 664 000	5 062 000	3 285 000	4 849 000
Financial Income	2 474 000	2 032 000	1 744 000	377 000
Financial Costs	3 748 000	2 846 000	869 000	2 496 000
Financial Balance	−1 274 000	−814 000	875 000	−2 119 000
Earnings Before Tax	3 390 000	4 248 000	4 160 000	2 729 000
Tax	809 000	992 000	942 000	725 000
Net Income	2 581 000	3 256 000	3 218 000	2 004 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	1 708 000	1 733 000	1 875 000	1 620 000
Total Current Assets	34 220 000	49 469 000	40 118 000	29 341 000
Total Assets	35 927 000	51 202 000	41 994 000	30 960 000
Total Retained Equity	9 814 000	7 233 000	3 977 000	0
Total Equity	9 814 000	7 233 000	3 977 000	759 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	26 113 000	43 969 000	38 017 000	30 202 000
Total Equity and Debt	35 927 000	51 202 000	41 994 000	30 960 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	123 246 000	142 096 000	130 433 000	93 521 000
Other Income	0	0	175 000	0
Revenue	123 246 000	142 096 000	130 608 000	93 521 000
Cost of Goods Sold	90 959 000	108 786 000	102 580 000	69 294 000
Salary Costs	13 545 000	13 611 000	12 676 000	10 980 000
Depreciation	451 000	361 000	439 000	572 000
Impairment	0	0	0	0
Expenditure	118 581 000	137 036 000	127 322 000	88 671 000
Operating Profit	4 664 000	5 062 000	3 285 000	4 849 000
Financial Income	2 474 000	2 032 000	1 744 000	377 000
Financial Costs	3 748 000	2 846 000	869 000	2 496 000
Financial Balance	−1 274 000	−814 000	875 000	−2 119 000
Dividends	0	0	0	0
Net Income	2 581 000	3 256 000	3 218 000	2 004 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	286 000	371 000	267 000	147 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	816 000	756 000	1 003 000	1 473 000
Total Tangible Assets	816 000	756 000	1 003 000	1 473 000
Total Fiancial Fixed Assets	605 000	605 000	605 000	0
Total Fixed Assets	1 708 000	1 733 000	1 875 000	1 620 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 752 000	3 423 000	7 601 000	5 969 000
Total Current Assets	34 220 000	49 469 000	40 118 000	29 341 000
Total Assets	35 927 000	51 202 000	41 994 000	30 960 000
Total Equity	9 814 000	7 233 000	3 977 000	759 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 417 000	21 013 000	12 078 000	15 894 000
Unpaid Taxes	7 788 000	7 738 000	9 338 000	6 546 000
Dividends	0	0	0	0
Other Current Debt	8 621 000	13 078 000	16 601 000	7 762 000
Total Current Debt	26 113 000	43 969 000	38 017 000	30 202 000
Total Equity and Debt	35 927 000	51 202 000	41 994 000	30 960 000

Financial indicators	2023	2022	2021	2020
Return on Equity	26,3 %	45,02 %	80,92 %	264,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,78 %	3,56 %	2,52 %	5,18 %
Current Ratio	1,31	1,13	1,06	0,97
Quick Ratio	1,31	1,13	1,06	0,97
Equity Ratio	0,27	0,14	0,09	0,02
Gross Profit Margin	26,2 %	23,44 %	21,46 %	25,91 %