GROVEN OG KARLSEN AS

3803 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

18,94 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 122 000	24 051 000	21 942 000	17 974 000
Net Income	1 474 000	474 000	1 421 000	1 455 000
Total Assets	18 669 000	15 485 000	14 639 000	15 514 000
Total Equity	7 781 000	6 308 000	5 833 000	4 412 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 122 000	24 051 000	21 942 000	17 974 000
Expenditure	28 088 000	23 307 000	19 950 000	15 882 000
Operating Profit	2 034 000	744 000	1 991 000	2 091 000
Financial Income	41 000	31 000	24 000	24 000
Financial Costs	187 000	175 000	189 000	249 000
Financial Balance	−146 000	−144 000	−165 000	−225 000
Earnings Before Tax	1 888 000	600 000	1 826 000	1 865 000
Tax	415 000	126 000	404 000	411 000
Net Income	1 474 000	474 000	1 421 000	1 455 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 584 000	9 018 000	8 285 000	8 998 000
Total Current Assets	10 085 000	6 467 000	6 354 000	6 516 000
Total Assets	18 669 000	15 485 000	14 639 000	15 514 000
Total Retained Equity	7 681 000	6 208 000	5 733 000	4 312 000
Total Equity	7 781 000	6 308 000	5 833 000	4 412 000
Total Long-Term Debt	2 778 000	3 723 000	4 126 000	5 720 000
Total Current Debt	8 110 000	5 454 000	4 680 000	5 383 000
Total Equity and Debt	18 669 000	15 485 000	14 639 000	15 514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 016 000	23 725 000	21 882 000	17 441 000
Other Income	106 000	326 000	60 000	533 000
Revenue	30 122 000	24 051 000	21 942 000	17 974 000
Cost of Goods Sold	8 058 000	7 454 000	6 542 000	4 907 000
Salary Costs	7 783 000	6 049 000	5 146 000	4 339 000
Depreciation	1 690 000	1 576 000	1 269 000	1 270 000
Impairment	0	0	4 000	4 000
Expenditure	28 088 000	23 307 000	19 950 000	15 882 000
Operating Profit	2 034 000	744 000	1 991 000	2 091 000
Financial Income	41 000	31 000	24 000	24 000
Financial Costs	187 000	175 000	189 000	249 000
Financial Balance	−146 000	−144 000	−165 000	−225 000
Dividends	0	0	0	0
Net Income	1 474 000	474 000	1 421 000	1 455 000

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	6 213 000	7 307 000	6 840 000	6 449 000
Fixtures	1 538 000	1 225 000	1 127 000	2 217 000
Total Tangible Assets	7 751 000	8 532 000	7 967 000	8 667 000
Total Fiancial Fixed Assets	833 000	486 000	318 000	331 000
Total Fixed Assets	8 584 000	9 018 000	8 285 000	8 998 000
Stock	265 000	291 000	158 000	50 000
Total Investments	0	0	0	0
Cash, Bank	1 483 000	270 000	212 000	194 000
Total Current Assets	10 085 000	6 467 000	6 354 000	6 516 000
Total Assets	18 669 000	15 485 000	14 639 000	15 514 000
Total Equity	7 781 000	6 308 000	5 833 000	4 412 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 778 000	3 723 000	4 126 000	5 720 000
Creditors	1 995 000	1 412 000	1 572 000	2 092 000
Unpaid Taxes	2 368 000	1 895 000	984 000	1 253 000
Dividends	0	0	0	0
Other Current Debt	3 260 000	1 100 000	1 380 000	1 261 000
Total Current Debt	8 110 000	5 454 000	4 680 000	5 383 000
Total Equity and Debt	18 669 000	15 485 000	14 639 000	15 514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,94 %	7,51 %	24,36 %	32,98 %
Debt-to-Equity Ratio	0,36	0,59	0,71	1,3
Operating Profit Margin	6,75 %	3,09 %	9,07 %	11,63 %
Current Ratio	1,24	1,19	1,36	1,21
Quick Ratio	1,29	1,25	1,41	1,22
Equity Ratio	0,42	0,41	0,4	0,28
Gross Profit Margin	73,25 %	69,01 %	70,19 %	72,7 %