GRØNNEVIK HOLDING AS

5058 BERGEN

Finances

Return on Equity

1,16 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	471 310 000	441 203 000	354 255 000	346 716 000
Net Income	1 054 000	31 380 000	15 498 000	4 574 000
Total Assets	217 419 000	230 190 000	184 740 000	148 335 000
Total Equity	90 975 000	93 504 000	64 549 000	51 222 000

Income (NOK)	2022	2021	2020	2019
Revenue	471 310 000	441 203 000	354 255 000	346 716 000
Expenditure	467 649 000	412 270 000	335 405 000	339 448 000
Operating Profit	3 661 000	28 933 000	18 849 000	7 268 000
Financial Income	1 777 000	6 635 000	1 677 000	1 935 000
Financial Costs	2 883 000	1 886 000	1 610 000	1 670 000
Financial Balance	−1 106 000	4 749 000	67 000	265 000
Earnings Before Tax	2 555 000	33 682 000	18 916 000	7 534 000
Tax	1 501 000	2 302 000	3 418 000	2 959 000
Net Income	1 054 000	31 380 000	15 498 000	4 574 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 563 000	51 735 000	36 512 000	29 513 000
Total Current Assets	173 856 000	178 455 000	148 228 000	118 822 000
Total Assets	217 419 000	230 190 000	184 740 000	148 335 000
Total Retained Equity	85 268 000	83 985 000	51 094 000	44 774 000
Total Equity	90 975 000	93 504 000	64 549 000	51 222 000
Total Long-Term Debt	24 003 000	25 105 000	21 025 000	15 296 000
Total Current Debt	102 441 000	111 580 000	99 166 000	81 817 000
Total Equity and Debt	217 419 000	230 190 000	184 740 000	148 335 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	454 839 000	409 134 000	342 598 000	345 688 000
Other Income	16 471 000	32 069 000	11 657 000	1 028 000
Revenue	471 310 000	441 203 000	354 255 000	346 716 000
Cost of Goods Sold	137 044 000	120 104 000	94 949 000	97 053 000
Salary Costs	249 131 000	229 957 000	190 740 000	194 814 000
Depreciation	15 009 000	12 122 000	8 986 000	7 513 000
Impairment	0	0	0	0
Expenditure	467 649 000	412 270 000	335 405 000	339 448 000
Operating Profit	3 661 000	28 933 000	18 849 000	7 268 000
Financial Income	1 777 000	6 635 000	1 677 000	1 935 000
Financial Costs	2 883 000	1 886 000	1 610 000	1 670 000
Financial Balance	−1 106 000	4 749 000	67 000	265 000
Dividends	0	0	0	0
Net Income	1 054 000	31 380 000	15 498 000	4 574 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	23 654 000	32 680 000	22 273 000	19 518 000
Total Intangible Assets	29 890 000	38 328 000	27 301 000	22 243 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 319 000	6 449 000	3 771 000	3 350 000
Total Tangible Assets	7 319 000	6 449 000	3 771 000	3 350 000
Total Fiancial Fixed Assets	6 354 000	6 958 000	5 441 000	3 920 000
Total Fixed Assets	43 563 000	51 735 000	36 512 000	29 513 000
Stock	0	0	0	0
Total Investments	52 940 000	40 228 000	21 777 000	18 333 000
Cash, Bank	39 496 000	55 387 000	70 196 000	44 800 000
Total Current Assets	173 856 000	178 455 000	148 228 000	118 822 000
Total Assets	217 419 000	230 190 000	184 740 000	148 335 000
Total Equity	90 975 000	93 504 000	64 549 000	51 222 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 003 000	25 105 000	21 025 000	15 296 000
Creditors	20 549 000	12 572 000	8 684 000	12 844 000
Unpaid Taxes	30 997 000	35 394 000	30 616 000	22 896 000
Dividends	0	0	0	0
Other Current Debt	45 742 000	60 024 000	54 536 000	41 834 000
Total Current Debt	102 441 000	111 580 000	99 166 000	81 817 000
Total Equity and Debt	217 419 000	230 190 000	184 740 000	148 335 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,16 %	33,56 %	24,01 %	8,93 %
Debt-to-Equity Ratio	0,26	0,27	0,33	0,3
Operating Profit Margin	0,78 %	6,56 %	5,32 %	2,1 %
Current Ratio	1,7	1,6	1,49	1,45
Quick Ratio	1,7	1,6	1,49	1,45
Equity Ratio	0,42	0,41	0,35	0,35
Gross Profit Margin	70,92 %	72,78 %	73,2 %	72,01 %