GROVFJORD HANDEL AS

9446 GROVFJORD

Finances

Share Ownership

Return on Equity

32,84 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 725 000	11 757 000	12 547 000	10 525 000
Net Income	356 000	312 000	351 000	45 000
Total Assets	2 545 000	2 329 000	2 371 000	1 650 000
Total Equity	1 084 000	928 000	815 000	694 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 725 000	11 757 000	12 547 000	10 525 000
Expenditure	11 267 000	11 356 000	12 090 000	10 461 000
Operating Profit	459 000	401 000	458 000	63 000
Financial Income	1 000	0	0	1 000
Financial Costs	3 000	0	4 000	4 000
Financial Balance	−2 000	0	−4 000	−3 000
Earnings Before Tax	457 000	400 000	454 000	60 000
Tax	100 000	88 000	103 000	15 000
Net Income	356 000	312 000	351 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	406 000	207 000	118 000	152 000
Total Current Assets	2 139 000	2 122 000	2 253 000	1 498 000
Total Assets	2 545 000	2 329 000	2 371 000	1 650 000
Total Retained Equity	984 000	828 000	715 000	594 000
Total Equity	1 084 000	928 000	815 000	694 000
Total Long-Term Debt	8 000	0	0	0
Total Current Debt	1 453 000	1 401 000	1 556 000	956 000
Total Equity and Debt	2 545 000	2 329 000	2 371 000	1 650 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 434 000	11 695 000	12 476 000	10 434 000
Other Income	291 000	62 000	72 000	91 000
Revenue	11 725 000	11 757 000	12 547 000	10 525 000
Cost of Goods Sold	8 964 000	9 262 000	9 514 000	7 898 000
Salary Costs	1 640 000	1 334 000	1 707 000	1 786 000
Depreciation	44 000	39 000	57 000	67 000
Impairment	0	0	0	0
Expenditure	11 267 000	11 356 000	12 090 000	10 461 000
Operating Profit	459 000	401 000	458 000	63 000
Financial Income	1 000	0	0	1 000
Financial Costs	3 000	0	4 000	4 000
Financial Balance	−2 000	0	−4 000	−3 000
Dividends	200 000	200 000	230 000	0
Net Income	356 000	312 000	351 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	9 000	13 000	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	406 000	198 000	105 000	143 000
Total Tangible Assets	406 000	198 000	105 000	143 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	406 000	207 000	118 000	152 000
Stock	947 000	892 000	744 000	721 000
Total Investments	0	0	0	0
Cash, Bank	1 038 000	1 104 000	1 370 000	674 000
Total Current Assets	2 139 000	2 122 000	2 253 000	1 498 000
Total Assets	2 545 000	2 329 000	2 371 000	1 650 000
Total Equity	1 084 000	928 000	815 000	694 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	0	0	0
Creditors	736 000	650 000	817 000	587 000
Unpaid Taxes	93 000	146 000	95 000	104 000
Dividends	200 000	200 000	230 000	0
Other Current Debt	340 000	321 000	337 000	246 000
Total Current Debt	1 453 000	1 401 000	1 556 000	956 000
Total Equity and Debt	2 545 000	2 329 000	2 371 000	1 650 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,84 %	33,62 %	43,07 %	6,48 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	3,91 %	3,41 %	3,65 %	0,6 %
Current Ratio	1,47	1,51	1,45	1,57
Quick Ratio	4,23	4,17	2,77	6,37
Equity Ratio	0,43	0,4	0,34	0,42
Gross Profit Margin	23,55 %	21,22 %	24,17 %	24,96 %