GROVGAARDEN AS

9446 GROVFJORD

Finances

Return on Equity

507,06 %

Current Ratio

0,58

Debt-to-Equity Ratio

−9,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	166 654 000	263 261 000	217 692 000	157 885 000
Net Income	−20 769 000	−21 297 000	11 611 000	6 928 000
Total Assets	105 270 000	143 703 000	181 719 000	132 266 000
Total Equity	−4 096 000	16 674 000	37 970 000	26 359 000

Income (NOK)	2022	2021	2020	2019
Revenue	166 654 000	263 261 000	217 692 000	157 885 000
Expenditure	185 766 000	281 183 000	204 058 000	148 460 000
Operating Profit	−19 111 000	−17 922 000	13 634 000	9 425 000
Financial Income	913 000	441 000	604 000	989 000
Financial Costs	1 594 000	3 981 000	2 597 000	3 331 000
Financial Balance	−681 000	−3 540 000	−1 993 000	−2 342 000
Earnings Before Tax	−19 792 000	−21 462 000	11 640 000	7 083 000
Tax	977 000	−165 000	29 000	155 000
Net Income	−20 769 000	−21 297 000	11 611 000	6 928 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 378 000	79 597 000	84 350 000	88 226 000
Total Current Assets	39 892 000	64 106 000	97 369 000	44 039 000
Total Assets	105 270 000	143 703 000	181 719 000	132 266 000
Total Retained Equity	−5 096 000	15 674 000	36 970 000	21 313 000
Total Equity	−4 096 000	16 674 000	37 970 000	26 359 000
Total Long-Term Debt	40 851 000	42 205 000	46 356 000	55 398 000
Total Current Debt	68 514 000	84 825 000	97 393 000	50 509 000
Total Equity and Debt	105 270 000	143 703 000	181 719 000	132 266 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	158 143 000	261 196 000	214 207 000	154 435 000
Other Income	8 511 000	2 065 000	3 486 000	3 449 000
Revenue	166 654 000	263 261 000	217 692 000	157 885 000
Cost of Goods Sold	121 521 000	217 351 000	134 172 000	103 654 000
Salary Costs	46 352 000	47 968 000	51 372 000	34 174 000
Depreciation	4 487 000	4 724 000	4 890 000	4 846 000
Impairment	0	0	0	0
Expenditure	185 766 000	281 183 000	204 058 000	148 460 000
Operating Profit	−19 111 000	−17 922 000	13 634 000	9 425 000
Financial Income	913 000	441 000	604 000	989 000
Financial Costs	1 594 000	3 981 000	2 597 000	3 331 000
Financial Balance	−681 000	−3 540 000	−1 993 000	−2 342 000
Dividends	0	0	0	0
Net Income	−20 769 000	−21 297 000	11 611 000	6 928 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	700 000	947 000	1 189 000
Total Intangible Assets	0	1 252 000	1 334 000	1 294 000
Real Eastate	58 538 000	58 238 000	60 840 000	63 389 000
Machinery and Plant Facilities	1 143 000	1 261 000	1 379 000	1 497 000
Fixtures	3 947 000	4 845 000	5 689 000	6 933 000
Total Tangible Assets	63 627 000	74 173 000	78 371 000	82 917 000
Total Fiancial Fixed Assets	1 751 000	4 172 000	4 645 000	4 015 000
Total Fixed Assets	65 378 000	79 597 000	84 350 000	88 226 000
Stock	1 672 000	2 068 000	2 980 000	3 192 000
Total Investments	0	0	0	0
Cash, Bank	5 060 000	17 236 000	18 139 000	15 908 000
Total Current Assets	39 892 000	64 106 000	97 369 000	44 039 000
Total Assets	105 270 000	143 703 000	181 719 000	132 266 000
Total Equity	−4 096 000	16 674 000	37 970 000	26 359 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 851 000	42 205 000	46 356 000	55 398 000
Creditors	28 669 000	68 996 000	20 363 000	18 389 000
Unpaid Taxes	4 678 000	4 577 000	4 938 000	5 621 000
Dividends	0	0	0	0
Other Current Debt	24 611 000	10 848 000	71 781 000	8 109 000
Total Current Debt	68 514 000	84 825 000	97 393 000	50 509 000
Total Equity and Debt	105 270 000	143 703 000	181 719 000	132 266 000

Financial indicators	2022	2021	2020	2019
Return on Equity	507,06 %	−127,73 %	30,58 %	26,28 %
Debt-to-Equity Ratio	−9,97	2,53	1,22	2,1
Operating Profit Margin	−11,47 %	−6,81 %	6,26 %	5,97 %
Current Ratio	0,58	0,76	1	0,87
Quick Ratio	0,6	0,77	1,03	0,93
Equity Ratio	−0,04	0,12	0,21	0,2
Gross Profit Margin	27,08 %	17,44 %	38,37 %	34,35 %