GROVFJORD INDUSTRIER AS

9446 GROVFJORD

Finances

Return on Equity

−39,35 %

Current Ratio

0,42

Debt-to-Equity Ratio

2,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 991 000	6 256 000	6 112 000	5 056 000
Net Income	−6 301 000	630 000	5 945 000	−478 000
Total Assets	60 026 000	67 501 000	75 819 000	71 177 000
Total Equity	16 013 000	22 314 000	21 684 000	15 739 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 991 000	6 256 000	6 112 000	5 056 000
Expenditure	5 081 000	4 438 000	3 986 000	4 314 000
Operating Profit	1 910 000	1 818 000	2 126 000	742 000
Financial Income	23 000	26 000	5 336 000	692 000
Financial Costs	7 839 000	1 214 000	1 518 000	1 912 000
Financial Balance	−7 816 000	−1 188 000	3 818 000	−1 220 000
Earnings Before Tax	−5 906 000	630 000	5 945 000	−478 000
Tax	395 000	0	0	0
Net Income	−6 301 000	630 000	5 945 000	−478 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 556 000	64 535 000	66 608 000	68 429 000
Total Current Assets	1 470 000	2 966 000	9 211 000	2 747 000
Total Assets	60 026 000	67 501 000	75 819 000	71 177 000
Total Retained Equity	14 263 000	20 564 000	19 934 000	13 989 000
Total Equity	16 013 000	22 314 000	21 684 000	15 739 000
Total Long-Term Debt	40 521 000	43 830 000	53 134 000	54 847 000
Total Current Debt	3 491 000	1 357 000	1 001 000	590 000
Total Equity and Debt	60 026 000	67 501 000	75 819 000	71 177 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 991 000	6 256 000	6 112 000	5 056 000
Other Income	0	0	0	0
Revenue	6 991 000	6 256 000	6 112 000	5 056 000
Cost of Goods Sold	0	0	0	0
Salary Costs	84 000	0	947 000	1 132 000
Depreciation	2 602 000	2 451 000	2 496 000	2 610 000
Impairment	0	0	0	0
Expenditure	5 081 000	4 438 000	3 986 000	4 314 000
Operating Profit	1 910 000	1 818 000	2 126 000	742 000
Financial Income	23 000	26 000	5 336 000	692 000
Financial Costs	7 839 000	1 214 000	1 518 000	1 912 000
Financial Balance	−7 816 000	−1 188 000	3 818 000	−1 220 000
Dividends	0	0	0	0
Net Income	−6 301 000	630 000	5 945 000	−478 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	57 499 000	57 094 000	59 555 000	61 954 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	57 499 000	57 094 000	59 555 000	61 954 000
Total Fiancial Fixed Assets	1 057 000	7 441 000	7 053 000	6 475 000
Total Fixed Assets	58 556 000	64 535 000	66 608 000	68 429 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	801 000	3 637 000	542 000
Total Current Assets	1 470 000	2 966 000	9 211 000	2 747 000
Total Assets	60 026 000	67 501 000	75 819 000	71 177 000
Total Equity	16 013 000	22 314 000	21 684 000	15 739 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 521 000	43 830 000	53 134 000	54 847 000
Creditors	22 000	40 000	22 000	19 000
Unpaid Taxes	445 000	29 000	183 000	83 000
Dividends	0	0	0	0
Other Current Debt	2 628 000	1 289 000	795 000	489 000
Total Current Debt	3 491 000	1 357 000	1 001 000	590 000
Total Equity and Debt	60 026 000	67 501 000	75 819 000	71 177 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,35 %	2,82 %	27,42 %	−3,04 %
Debt-to-Equity Ratio	2,53	1,96	2,45	3,48
Operating Profit Margin	27,32 %	29,06 %	34,78 %	14,68 %
Current Ratio	0,42	2,19	9,2	4,66
Quick Ratio	0,42	2,19	9,2	4,66
Equity Ratio	0,27	0,33	0,29	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %