GROVFJORD MEK. VERKSTED AS

9446 GROVFJORD

Finances

Share Ownership

Return on Equity

1 060,48 %

Current Ratio

0,73

Debt-to-Equity Ratio

−1,55

Key figures (NOK)	2021	2020	2019	2018
Revenue	261 095 000	202 111 000	152 676 000	149 334 000
Net Income	−21 093 000	10 848 000	6 355 000	−11 548 000
Total Assets	83 682 000	119 482 000	68 004 000	59 249 000
Total Equity	−1 989 000	19 104 000	13 256 000	6 901 000

Income (NOK)	2021	2020	2019	2018
Revenue	261 095 000	202 111 000	152 676 000	149 334 000
Expenditure	279 849 000	190 485 000	145 114 000	160 209 000
Operating Profit	−18 754 000	11 626 000	7 561 000	−10 874 000
Financial Income	350 000	224 000	147 000	59 000
Financial Costs	2 689 000	1 001 000	1 353 000	733 000
Financial Balance	−2 339 000	−777 000	−1 206 000	−674 000
Earnings Before Tax	−21 093 000	10 848 000	6 355 000	−11 548 000
Tax	0	0	0	0
Net Income	−21 093 000	10 848 000	6 355 000	−11 548 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	23 131 000	30 550 000	31 599 000	32 840 000
Total Current Assets	60 551 000	88 932 000	36 405 000	26 410 000
Total Assets	83 682 000	119 482 000	68 004 000	59 249 000
Total Retained Equity	−4 489 000	14 360 000	8 512 000	2 157 000
Total Equity	−1 989 000	19 104 000	13 256 000	6 901 000
Total Long-Term Debt	3 085 000	3 548 000	10 139 000	11 956 000
Total Current Debt	82 586 000	96 829 000	44 609 000	40 392 000
Total Equity and Debt	83 682 000	119 482 000	68 004 000	59 249 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	261 095 000	202 111 000	152 676 000	149 334 000
Other Income	0	0	0	0
Revenue	261 095 000	202 111 000	152 676 000	149 334 000
Cost of Goods Sold	229 110 000	137 493 000	104 051 000	114 144 000
Salary Costs	36 259 000	37 492 000	30 168 000	35 184 000
Depreciation	1 905 000	2 017 000	2 128 000	2 048 000
Impairment	0	0	0	0
Expenditure	279 849 000	190 485 000	145 114 000	160 209 000
Operating Profit	−18 754 000	11 626 000	7 561 000	−10 874 000
Financial Income	350 000	224 000	147 000	59 000
Financial Costs	2 689 000	1 001 000	1 353 000	733 000
Financial Balance	−2 339 000	−777 000	−1 206 000	−674 000
Dividends	0	0	0	0
Net Income	−21 093 000	10 848 000	6 355 000	−11 548 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	394 000	535 000	685 000	835 000
Machinery and Plant Facilities	1 261 000	1 379 000	1 497 000	1 615 000
Fixtures	4 395 000	5 296 000	6 411 000	7 591 000
Total Tangible Assets	15 878 000	17 673 000	19 690 000	21 773 000
Total Fiancial Fixed Assets	7 252 000	12 876 000	11 909 000	11 066 000
Total Fixed Assets	23 131 000	30 550 000	31 599 000	32 840 000
Stock	2 068 000	2 980 000	3 192 000	3 109 000
Total Investments	0	0	0	0
Cash, Bank	15 402 000	12 291 000	13 649 000	1 809 000
Total Current Assets	60 551 000	88 932 000	36 405 000	26 410 000
Total Assets	83 682 000	119 482 000	68 004 000	59 249 000
Total Equity	−1 989 000	19 104 000	13 256 000	6 901 000
Short-Term Group Debt	0	5 000 000	0	0
Total Long-Term Debt	3 085 000	3 548 000	10 139 000	11 956 000
Creditors	72 403 000	20 339 000	17 541 000	29 765 000
Unpaid Taxes	2 760 000	2 909 000	4 135 000	3 881 000
Dividends	0	0	0	0
Other Current Debt	7 424 000	68 581 000	4 548 000	4 446 000
Total Current Debt	82 586 000	96 829 000	44 609 000	40 392 000
Total Equity and Debt	83 682 000	119 482 000	68 004 000	59 249 000

Financial indicators	2021	2020	2019	2018
Return on Equity	1 060,48 %	56,78 %	47,94 %	−167,34 %
Debt-to-Equity Ratio	−1,55	0,19	0,76	1,73
Operating Profit Margin	−7,18 %	5,75 %	4,95 %	−7,28 %
Current Ratio	0,73	0,92	0,82	0,65
Quick Ratio	0,75	0,95	0,88	0,71
Equity Ratio	−0,02	0,16	0,19	0,12
Gross Profit Margin	12,25 %	31,97 %	31,85 %	23,56 %