GRØNCO AS

7080 HEIMDAL

Finances

Return on Equity

−44,34 %

Current Ratio

25,78

Debt-to-Equity Ratio

−22,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 397 000	4 972 000	3 581 000	3 051 000
Net Income	1 301 000	741 000	−7 946 000	−3 806 000
Total Assets	63 012 000	36 926 000	36 944 000	36 208 000
Total Equity	−2 934 000	−4 235 000	−4 977 000	2 969 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 397 000	4 972 000	3 581 000	3 051 000
Expenditure	7 775 000	4 223 000	13 652 000	7 507 000
Operating Profit	−2 379 000	750 000	−10 071 000	−4 456 000
Financial Income	5 154 000	1 479 000	834 000	592 000
Financial Costs	1 934 000	1 406 000	1 002 000	1 029 000
Financial Balance	3 220 000	73 000	−168 000	−437 000
Earnings Before Tax	841 000	823 000	−10 239 000	−4 892 000
Tax	−460 000	82 000	−2 293 000	−1 085 000
Net Income	1 301 000	741 000	−7 946 000	−3 806 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 701 000	29 029 000	27 918 000	26 469 000
Total Current Assets	19 310 000	7 897 000	9 026 000	9 740 000
Total Assets	63 012 000	36 926 000	36 944 000	36 208 000
Total Retained Equity	−3 894 000	−5 195 000	−5 937 000	2 009 000
Total Equity	−2 934 000	−4 235 000	−4 977 000	2 969 000
Total Long-Term Debt	65 197 000	40 617 000	41 646 000	32 750 000
Total Current Debt	749 000	544 000	274 000	489 000
Total Equity and Debt	63 012 000	36 926 000	36 944 000	36 208 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 676 000	1 302 000	606 000	200 000
Other Income	3 721 000	3 670 000	2 975 000	2 851 000
Revenue	5 397 000	4 972 000	3 581 000	3 051 000
Cost of Goods Sold	894 000	388 000	170 000	178 000
Salary Costs	0	0	0	0
Depreciation	643 000	580 000	563 000	563 000
Impairment	0	0	0	0
Expenditure	7 775 000	4 223 000	13 652 000	7 507 000
Operating Profit	−2 379 000	750 000	−10 071 000	−4 456 000
Financial Income	5 154 000	1 479 000	834 000	592 000
Financial Costs	1 934 000	1 406 000	1 002 000	1 029 000
Financial Balance	3 220 000	73 000	−168 000	−437 000
Dividends	0	0	0	0
Net Income	1 301 000	741 000	−7 946 000	−3 806 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 466 000	3 006 000	3 088 000	1 076 000
Real Eastate	18 447 000	19 009 000	19 572 000	20 135 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	325 000	262 000	0	0
Total Tangible Assets	18 772 000	19 271 000	19 572 000	20 135 000
Total Fiancial Fixed Assets	21 463 000	6 752 000	5 258 000	5 258 000
Total Fixed Assets	43 701 000	29 029 000	27 918 000	26 469 000
Stock	0	0	0	0
Total Investments	8 584 000	6 967 000	6 664 000	6 677 000
Cash, Bank	4 000	453 000	323 000	1 015 000
Total Current Assets	19 310 000	7 897 000	9 026 000	9 740 000
Total Assets	63 012 000	36 926 000	36 944 000	36 208 000
Total Equity	−2 934 000	−4 235 000	−4 977 000	2 969 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	65 197 000	40 617 000	41 646 000	32 750 000
Creditors	356 000	203 000	137 000	419 000
Unpaid Taxes	80 000	74 000	62 000	70 000
Dividends	0	0	0	0
Other Current Debt	312 000	268 000	75 000	0
Total Current Debt	749 000	544 000	274 000	489 000
Total Equity and Debt	63 012 000	36 926 000	36 944 000	36 208 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−44,34 %	−17,5 %	159,65 %	−128,19 %
Debt-to-Equity Ratio	−22,22	−9,59	−8,37	11,03
Operating Profit Margin	−44,08 %	15,08 %	−281,23 %	−146,05 %
Current Ratio	25,78	14,52	32,94	19,92
Quick Ratio	25,78	14,52	32,94	19,92
Equity Ratio	−0,05	−0,11	−0,13	0,08
Gross Profit Margin	83,44 %	92,2 %	95,25 %	94,17 %