GRO MJELLEM AS

0778 OSLO

Finances

Share Ownership

Return on Equity

0,99 %

Current Ratio

7,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	598 000	1 152 000	97 000	394 000
Net Income	223 000	838 000	−115 000	234 000
Total Assets	25 604 000	25 543 000	20 266 000	21 103 000
Total Equity	22 473 000	20 050 000	19 712 000	21 027 000

Income (NOK)	2022	2021	2020	2019
Revenue	598 000	1 152 000	97 000	394 000
Expenditure	388 000	319 000	250 000	189 000
Operating Profit	210 000	832 000	−154 000	205 000
Financial Income	23 000	11 000	32 000	35 000
Financial Costs	10 000	6 000	0	0
Financial Balance	13 000	5 000	32 000	35 000
Earnings Before Tax	223 000	837 000	−121 000	240 000
Tax	0	−1 000	−7 000	7 000
Net Income	223 000	838 000	−115 000	234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 076 000	3 076 000	3 076 000	3 076 000
Total Current Assets	22 528 000	22 467 000	17 190 000	18 027 000
Total Assets	25 604 000	25 543 000	20 266 000	21 103 000
Total Retained Equity	20 297 000	19 574 000	19 237 000	20 551 000
Total Equity	22 473 000	20 050 000	19 712 000	21 027 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 131 000	5 493 000	554 000	76 000
Total Equity and Debt	25 604 000	25 543 000	20 266 000	21 103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	598 000	1 152 000	97 000	394 000
Revenue	598 000	1 152 000	97 000	394 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	388 000	319 000	250 000	189 000
Operating Profit	210 000	832 000	−154 000	205 000
Financial Income	23 000	11 000	32 000	35 000
Financial Costs	10 000	6 000	0	0
Financial Balance	13 000	5 000	32 000	35 000
Dividends	2 800 000	500 000	1 200 000	0
Net Income	223 000	838 000	−115 000	234 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 076 000	3 076 000	3 076 000	3 076 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 076 000	3 076 000	3 076 000	3 076 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 076 000	3 076 000	3 076 000	3 076 000
Stock	0	0	0	0
Total Investments	21 149 000	20 905 000	16 175 000	13 310 000
Cash, Bank	1 379 000	1 562 000	1 008 000	4 716 000
Total Current Assets	22 528 000	22 467 000	17 190 000	18 027 000
Total Assets	25 604 000	25 543 000	20 266 000	21 103 000
Total Equity	22 473 000	20 050 000	19 712 000	21 027 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	5 000
Unpaid Taxes	0	0	0	0
Dividends	2 800 000	500 000	1 200 000	0
Other Current Debt	331 000	4 993 000	54 000	64 000
Total Current Debt	3 131 000	5 493 000	554 000	76 000
Total Equity and Debt	25 604 000	25 543 000	20 266 000	21 103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,99 %	4,18 %	−0,58 %	1,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	35,12 %	72,22 %	−158,76 %	52,03 %
Current Ratio	7,2	4,09	31,03	237,2
Quick Ratio	7,2	4,09	31,03	237,2
Equity Ratio	0,88	0,78	0,97	1
Gross Profit Margin	100 %	100 %	100 %	100 %