GROSVIK AS

5416 STORD

Finances

Return on Equity

−56,06 %

Current Ratio

0,43

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	997 000	633 000	355 000	545 000
Net Income	222 000	208 000	97 000	112 000
Total Assets	638 000	555 000	357 000	301 000
Total Equity	−396 000	−618 000	−826 000	−923 000

Income (NOK)	2022	2021	2020	2019
Revenue	997 000	633 000	355 000	545 000
Expenditure	773 000	424 000	258 000	447 000
Operating Profit	224 000	209 000	98 000	98 000
Financial Income	0	0	0	19 000
Financial Costs	1 000	1 000	1 000	5 000
Financial Balance	−1 000	−1 000	−1 000	14 000
Earnings Before Tax	222 000	208 000	97 000	112 000
Tax	0	0	0	0
Net Income	222 000	208 000	97 000	112 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	192 000	213 000	200 000	170 000
Total Current Assets	446 000	343 000	157 000	131 000
Total Assets	638 000	555 000	357 000	301 000
Total Retained Equity	−1 306 000	−1 528 000	−1 736 000	−1 833 000
Total Equity	−396 000	−618 000	−826 000	−923 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 033 000	1 173 000	1 183 000	1 224 000
Total Equity and Debt	638 000	555 000	357 000	301 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	997 000	688 000	300 000	545 000
Other Income	0	−55 000	55 000	0
Revenue	997 000	633 000	355 000	545 000
Cost of Goods Sold	0	0	2 000	0
Salary Costs	377 000	133 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	773 000	424 000	258 000	447 000
Operating Profit	224 000	209 000	98 000	98 000
Financial Income	0	0	0	19 000
Financial Costs	1 000	1 000	1 000	5 000
Financial Balance	−1 000	−1 000	−1 000	14 000
Dividends	0	0	0	0
Net Income	222 000	208 000	97 000	112 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	192 000	213 000	200 000	170 000
Total Fixed Assets	192 000	213 000	200 000	170 000
Stock	0	0	0	0
Total Investments	25 000	25 000	25 000	25 000
Cash, Bank	233 000	36 000	3 000	42 000
Total Current Assets	446 000	343 000	157 000	131 000
Total Assets	638 000	555 000	357 000	301 000
Total Equity	−396 000	−618 000	−826 000	−923 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	8 000	11 000	14 000
Unpaid Taxes	42 000	50 000	7 000	46 000
Dividends	0	0	0	0
Other Current Debt	985 000	1 115 000	1 164 000	1 164 000
Total Current Debt	1 033 000	1 173 000	1 183 000	1 224 000
Total Equity and Debt	638 000	555 000	357 000	301 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−56,06 %	−33,66 %	−11,74 %	−12,13 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	22,47 %	33,02 %	27,61 %	17,98 %
Current Ratio	0,43	0,29	0,13	0,11
Quick Ratio	0,43	0,29	0,13	0,11
Equity Ratio	−0,62	−1,11	−2,31	−3,07
Gross Profit Margin	100 %	100 %	99,44 %	100 %