GROV INVEST AS

6823 SANDANE

Finances

Return on Equity

23,68 %

Current Ratio

588

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	188 000	188 000	186 000	188 000
Total Assets	795 000	857 000	669 000	753 000
Total Equity	794 000	606 000	668 000	752 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	14 000	14 000	16 000	15 000
Operating Profit	−14 000	−14 000	−16 000	−15 000
Financial Income	202 000	202 000	202 000	202 000
Financial Costs	0	0	0	0
Financial Balance	202 000	202 000	202 000	202 000
Earnings Before Tax	188 000	188 000	186 000	188 000
Tax	0	0	0	0
Net Income	188 000	188 000	186 000	188 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	208 000	208 000	208 000	208 000
Total Current Assets	588 000	649 000	461 000	545 000
Total Assets	795 000	857 000	669 000	753 000
Total Retained Equity	349 000	160 000	222 000	306 000
Total Equity	794 000	606 000	668 000	752 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 000	251 000	1 000	1 000
Total Equity and Debt	795 000	857 000	669 000	753 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
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	14 000	14 000	16 000	15 000
Operating Profit	−14 000	−14 000	−16 000	−15 000
Financial Income	202 000	202 000	202 000	202 000
Financial Costs	0	0	0	0
Financial Balance	202 000	202 000	202 000	202 000
Dividends	0	250 000	270 000	140 000
Net Income	188 000	188 000	186 000	188 000

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	208 000	208 000	208 000	208 000
Total Fixed Assets	208 000	208 000	208 000	208 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	588 000	649 000	461 000	545 000
Total Current Assets	588 000	649 000	461 000	545 000
Total Assets	795 000	857 000	669 000	753 000
Total Equity	794 000	606 000	668 000	752 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	250 000	270 000	140 000
Other Current Debt	1 000	251 000	1 000	0
Total Current Debt	1 000	251 000	1 000	1 000
Total Equity and Debt	795 000	857 000	669 000	753 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,68 %	31,02 %	27,84 %	25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	588	2,59	461	545
Quick Ratio	588	2,59	461	545
Equity Ratio	1	0,71	1	1
Gross Profit Margin	-	-	-	-