GRØGARDEN AS

7549 TANEM

Finances

Return on Equity

14,87 %

Current Ratio

5,76

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 203 000	395 000	0	0
Net Income	257 000	297 000	262 000	545 000
Total Assets	2 198 000	2 355 000	3 027 000	3 481 000
Total Equity	1 728 000	1 471 000	1 690 000	2 428 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 203 000	395 000	0	0
Expenditure	779 000	168 000	49 000	136 000
Operating Profit	424 000	227 000	−49 000	−136 000
Financial Income	0	120 000	371 000	903 000
Financial Costs	73 000	0	0	236 000
Financial Balance	−73 000	120 000	371 000	667 000
Earnings Before Tax	350 000	346 000	321 000	531 000
Tax	93 000	50 000	60 000	−14 000
Net Income	257 000	297 000	262 000	545 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	57 000	148 000	924 000	924 000
Total Current Assets	2 141 000	2 207 000	2 103 000	2 557 000
Total Assets	2 198 000	2 355 000	3 027 000	3 481 000
Total Retained Equity	1 440 000	1 183 000	1 402 000	2 140 000
Total Equity	1 728 000	1 471 000	1 690 000	2 428 000
Total Long-Term Debt	98 000	116 000	132 000	155 000
Total Current Debt	372 000	769 000	1 205 000	898 000
Total Equity and Debt	2 198 000	2 355 000	3 027 000	3 481 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 203 000	395 000	0	0
Other Income	0	0	0	0
Revenue	1 203 000	395 000	0	0
Cost of Goods Sold	0	13 000	0	0
Salary Costs	436 000	5 000	0	0
Depreciation	17 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	779 000	168 000	49 000	136 000
Operating Profit	424 000	227 000	−49 000	−136 000
Financial Income	0	120 000	371 000	903 000
Financial Costs	73 000	0	0	236 000
Financial Balance	−73 000	120 000	371 000	667 000
Dividends	0	500 000	1 000 000	750 000
Net Income	257 000	297 000	262 000	545 000

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	31 000	48 000	0	0
Total Tangible Assets	31 000	48 000	0	0
Total Fiancial Fixed Assets	27 000	100 000	924 000	924 000
Total Fixed Assets	57 000	148 000	924 000	924 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 012 000	2 047 000	2 063 000	2 557 000
Total Current Assets	2 141 000	2 207 000	2 103 000	2 557 000
Total Assets	2 198 000	2 355 000	3 027 000	3 481 000
Total Equity	1 728 000	1 471 000	1 690 000	2 428 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	98 000	116 000	132 000	155 000
Creditors	3 000	4 000	0	12 000
Unpaid Taxes	91 000	57 000	0	0
Dividends	0	500 000	1 000 000	750 000
Other Current Debt	168 000	145 000	123 000	123 000
Total Current Debt	372 000	769 000	1 205 000	898 000
Total Equity and Debt	2 198 000	2 355 000	3 027 000	3 481 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,87 %	20,19 %	15,5 %	22,45 %
Debt-to-Equity Ratio	0,06	0,08	0,08	0,06
Operating Profit Margin	35,25 %	57,47 %	-	-
Current Ratio	5,76	2,87	1,75	2,85
Quick Ratio	5,76	2,87	1,75	2,85
Equity Ratio	0,79	0,62	0,56	0,7
Gross Profit Margin	100 %	96,71 %	-	-