GRØNMO GOLFKLUBB

1279 OSLO

Finances

Return on Equity

3,29 %

Current Ratio

2,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 870 000	15 584 000	14 063 000	14 519 000
Net Income	331 000	2 433 000	2 541 000	1 660 000
Total Assets	11 266 000	11 083 000	8 272 000	6 588 000
Total Equity	10 069 000	9 738 000	7 305 000	2 898 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 870 000	15 584 000	14 063 000	14 519 000
Expenditure	15 646 000	13 209 000	11 561 000	12 907 000
Operating Profit	224 000	2 375 000	2 503 000	1 612 000
Financial Income	109 000	58 000	47 000	71 000
Financial Costs	2 000	0	9 000	22 000
Financial Balance	107 000	58 000	38 000	49 000
Earnings Before Tax	331 000	2 433 000	2 541 000	1 660 000
Tax	0	0	0	0
Net Income	331 000	2 433 000	2 541 000	1 660 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 104 000	9 392 000	4 594 000	5 066 000
Total Current Assets	3 162 000	1 690 000	3 678 000	1 522 000
Total Assets	11 266 000	11 083 000	8 272 000	6 588 000
Total Retained Equity	10 069 000	9 738 000	7 305 000	2 898 000
Total Equity	10 069 000	9 738 000	7 305 000	2 898 000
Total Long-Term Debt	0	0	0	2 073 000
Total Current Debt	1 197 000	1 345 000	967 000	1 616 000
Total Equity and Debt	11 266 000	11 083 000	8 272 000	6 588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 870 000	14 089 000	13 979 000	14 414 000
Other Income	0	1 495 000	83 000	105 000
Revenue	15 870 000	15 584 000	14 063 000	14 519 000
Cost of Goods Sold	2 206 000	1 016 000	1 182 000	2 166 000
Salary Costs	5 678 000	4 940 000	4 577 000	4 230 000
Depreciation	1 154 000	934 000	585 000	593 000
Impairment	0	0	127 000	0
Expenditure	15 646 000	13 209 000	11 561 000	12 907 000
Operating Profit	224 000	2 375 000	2 503 000	1 612 000
Financial Income	109 000	58 000	47 000	71 000
Financial Costs	2 000	0	9 000	22 000
Financial Balance	107 000	58 000	38 000	49 000
Dividends	0	0	0	0
Net Income	331 000	2 433 000	2 541 000	1 660 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 470 000	3 741 000	3 765 000	3 990 000
Machinery and Plant Facilities	2 576 000	2 949 000	0	167 000
Fixtures	914 000	1 290 000	796 000	863 000
Total Tangible Assets	6 960 000	7 980 000	4 561 000	5 020 000
Total Fiancial Fixed Assets	1 145 000	1 413 000	33 000	46 000
Total Fixed Assets	8 104 000	9 392 000	4 594 000	5 066 000
Stock	761 000	463 000	553 000	1 050 000
Total Investments	0	0	0	0
Cash, Bank	1 916 000	858 000	2 914 000	252 000
Total Current Assets	3 162 000	1 690 000	3 678 000	1 522 000
Total Assets	11 266 000	11 083 000	8 272 000	6 588 000
Total Equity	10 069 000	9 738 000	7 305 000	2 898 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	2 073 000
Creditors	313 000	476 000	200 000	460 000
Unpaid Taxes	355 000	307 000	297 000	333 000
Dividends	0	0	0	0
Other Current Debt	529 000	561 000	470 000	823 000
Total Current Debt	1 197 000	1 345 000	967 000	1 616 000
Total Equity and Debt	11 266 000	11 083 000	8 272 000	6 588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,29 %	24,98 %	34,78 %	57,28 %
Debt-to-Equity Ratio	0	0	0	0,72
Operating Profit Margin	1,41 %	15,24 %	17,8 %	11,1 %
Current Ratio	2,64	1,26	3,8	0,94
Quick Ratio	7,25	1,92	8,88	2,69
Equity Ratio	0,89	0,88	0,88	0,44
Gross Profit Margin	86,1 %	93,48 %	91,59 %	85,08 %