GRØFTESERVICE AS

1894 RAKKESTAD

Finances

Share Ownership

Return on Equity

68,34 %

Current Ratio

1,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	582 000	169 000	281 000	34 000
Net Income	218 000	35 000	89 000	−52 000
Total Assets	645 000	302 000	269 000	236 000
Total Equity	319 000	256 000	221 000	232 000

Income (NOK)	2022	2021	2020	2019
Revenue	582 000	169 000	281 000	34 000
Expenditure	300 000	122 000	174 000	86 000
Operating Profit	282 000	47 000	107 000	−52 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	282 000	47 000	107 000	−52 000
Tax	64 000	12 000	18 000	0
Net Income	218 000	35 000	89 000	−52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	36 000	60 000	91 000
Total Current Assets	633 000	266 000	209 000	145 000
Total Assets	645 000	302 000	269 000	236 000
Total Retained Equity	219 000	156 000	121 000	132 000
Total Equity	319 000	256 000	221 000	232 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	326 000	46 000	48 000	4 000
Total Equity and Debt	645 000	302 000	269 000	236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	582 000	169 000	281 000	34 000
Other Income	0	0	0	0
Revenue	582 000	169 000	281 000	34 000
Cost of Goods Sold	207 000	42 000	86 000	6 000
Salary Costs	0	0	0	0
Depreciation	24 000	24 000	31 000	45 000
Impairment	0	0	0	0
Expenditure	300 000	122 000	174 000	86 000
Operating Profit	282 000	47 000	107 000	−52 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	155 000	0	100 000	0
Net Income	218 000	35 000	89 000	−52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	36 000	60 000	91 000
Total Tangible Assets	12 000	36 000	60 000	91 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	36 000	60 000	91 000
Stock	23 000	114 000	54 000	17 000
Total Investments	0	0	0	0
Cash, Bank	610 000	86 000	155 000	128 000
Total Current Assets	633 000	266 000	209 000	145 000
Total Assets	645 000	302 000	269 000	236 000
Total Equity	319 000	256 000	221 000	232 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	27 000	0	0
Unpaid Taxes	102 000	5 000	28 000	1 000
Dividends	155 000	0	100 000	0
Other Current Debt	3 000	3 000	3 000	3 000
Total Current Debt	326 000	46 000	48 000	4 000
Total Equity and Debt	645 000	302 000	269 000	236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,34 %	13,67 %	40,27 %	−22,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	48,45 %	27,81 %	38,08 %	−152,94 %
Current Ratio	1,94	5,78	4,35	36,25
Quick Ratio	2,09	−3,91	−34,83	−11,15
Equity Ratio	0,49	0,85	0,82	0,98
Gross Profit Margin	64,43 %	75,15 %	69,4 %	82,35 %