GROW EIENDOM AS

4372 EGERSUND

Finances

Return on Equity

30,38 %

Current Ratio

2,4

Debt-to-Equity Ratio

2,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	480 000	480 000	480 000	480 000
Net Income	291 000	186 000	84 000	54 000
Total Assets	3 000 000	2 892 000	3 046 000	3 136 000
Total Equity	958 000	667 000	480 000	397 000

Income (NOK)	2022	2021	2020	2019
Revenue	480 000	480 000	480 000	480 000
Expenditure	146 000	166 000	266 000	287 000
Operating Profit	334 000	314 000	215 000	193 000
Financial Income	1 000	1 000	3 000	0
Financial Costs	77 000	72 000	83 000	97 000
Financial Balance	−76 000	−71 000	−80 000	−97 000
Earnings Before Tax	258 000	243 000	135 000	96 000
Tax	−33 000	57 000	51 000	42 000
Net Income	291 000	186 000	84 000	54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 767 000	2 718 000	2 794 000	2 954 000
Total Current Assets	233 000	175 000	253 000	182 000
Total Assets	3 000 000	2 892 000	3 046 000	3 136 000
Total Retained Equity	798 000	507 000	320 000	237 000
Total Equity	958 000	667 000	480 000	397 000
Total Long-Term Debt	1 945 000	2 135 000	2 463 000	2 653 000
Total Current Debt	97 000	91 000	102 000	87 000
Total Equity and Debt	3 000 000	2 892 000	3 046 000	3 136 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	480 000	480 000	480 000	480 000
Other Income	0	0	0	0
Revenue	480 000	480 000	480 000	480 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	36 000	77 000	164 000	164 000
Impairment	0	0	0	0
Expenditure	146 000	166 000	266 000	287 000
Operating Profit	334 000	314 000	215 000	193 000
Financial Income	1 000	1 000	3 000	0
Financial Costs	77 000	72 000	83 000	97 000
Financial Balance	−76 000	−71 000	−80 000	−97 000
Dividends	0	0	0	0
Net Income	291 000	186 000	84 000	54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	85 000	0	0	0
Real Eastate	1 565 000	1 602 000	1 638 000	1 675 000
Machinery and Plant Facilities	0	0	40 000	168 000
Fixtures	0	0	0	0
Total Tangible Assets	1 565 000	1 602 000	1 679 000	1 842 000
Total Fiancial Fixed Assets	1 117 000	1 116 000	1 115 000	1 112 000
Total Fixed Assets	2 767 000	2 718 000	2 794 000	2 954 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	215 000	175 000	253 000	182 000
Total Current Assets	233 000	175 000	253 000	182 000
Total Assets	3 000 000	2 892 000	3 046 000	3 136 000
Total Equity	958 000	667 000	480 000	397 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 945 000	2 135 000	2 463 000	2 653 000
Creditors	0	0	17 000	6 000
Unpaid Taxes	16 000	20 000	19 000	19 000
Dividends	0	0	0	0
Other Current Debt	30 000	14 000	15 000	20 000
Total Current Debt	97 000	91 000	102 000	87 000
Total Equity and Debt	3 000 000	2 892 000	3 046 000	3 136 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,38 %	27,89 %	17,5 %	13,6 %
Debt-to-Equity Ratio	2,03	3,2	5,13	6,68
Operating Profit Margin	69,58 %	65,42 %	44,79 %	40,21 %
Current Ratio	2,4	1,92	2,48	2,09
Quick Ratio	2,4	1,92	2,48	2,09
Equity Ratio	0,32	0,23	0,16	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %