GROVI AS

6854 KAUPANGER

Finances

Share Ownership

Return on Equity

7,4 %

Current Ratio

0,49

Debt-to-Equity Ratio

1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 439 000	3 286 000	4 797 000	3 154 000
Net Income	588 000	802 000	1 943 000	2 663 000
Total Assets	19 518 000	20 802 000	21 626 000	22 456 000
Total Equity	7 951 000	7 364 000	6 562 000	4 619 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 439 000	3 286 000	4 797 000	3 154 000
Expenditure	1 849 000	1 647 000	1 651 000	1 711 000
Operating Profit	1 590 000	1 639 000	3 146 000	1 444 000
Financial Income	8 000	8 000	7 000	2 319 000
Financial Costs	845 000	614 000	661 000	947 000
Financial Balance	−837 000	−606 000	−654 000	1 372 000
Earnings Before Tax	754 000	1 033 000	2 492 000	2 816 000
Tax	166 000	231 000	549 000	153 000
Net Income	588 000	802 000	1 943 000	2 663 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 274 000	20 326 000	21 386 000	22 436 000
Total Current Assets	244 000	476 000	240 000	20 000
Total Assets	19 518 000	20 802 000	21 626 000	22 456 000
Total Retained Equity	7 848 000	7 261 000	6 459 000	4 516 000
Total Equity	7 951 000	7 364 000	6 562 000	4 619 000
Total Long-Term Debt	11 071 000	12 927 000	14 229 000	17 562 000
Total Current Debt	496 000	512 000	836 000	275 000
Total Equity and Debt	19 518 000	20 802 000	21 626 000	22 456 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 439 000	3 286 000	4 797 000	3 154 000
Revenue	3 439 000	3 286 000	4 797 000	3 154 000
Cost of Goods Sold	0	0	0	0
Salary Costs	139 000	138 000	133 000	138 000
Depreciation	1 136 000	1 136 000	1 135 000	1 134 000
Impairment	0	0	0	0
Expenditure	1 849 000	1 647 000	1 651 000	1 711 000
Operating Profit	1 590 000	1 639 000	3 146 000	1 444 000
Financial Income	8 000	8 000	7 000	2 319 000
Financial Costs	845 000	614 000	661 000	947 000
Financial Balance	−837 000	−606 000	−654 000	1 372 000
Dividends	0	0	0	0
Net Income	588 000	802 000	1 943 000	2 663 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	360 000	276 000	204 000	142 000
Real Eastate	18 914 000	20 049 000	21 167 000	22 279 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 914 000	20 049 000	21 167 000	22 279 000
Total Fiancial Fixed Assets	0	0	15 000	15 000
Total Fixed Assets	19 274 000	20 326 000	21 386 000	22 436 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	173 000	67 000	163 000	20 000
Total Current Assets	244 000	476 000	240 000	20 000
Total Assets	19 518 000	20 802 000	21 626 000	22 456 000
Total Equity	7 951 000	7 364 000	6 562 000	4 619 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 071 000	12 927 000	14 229 000	17 562 000
Creditors	112 000	80 000	85 000	0
Unpaid Taxes	141 000	133 000	140 000	133 000
Dividends	0	0	0	0
Other Current Debt	−8 000	−4 000	0	40 000
Total Current Debt	496 000	512 000	836 000	275 000
Total Equity and Debt	19 518 000	20 802 000	21 626 000	22 456 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,4 %	10,89 %	29,61 %	57,65 %
Debt-to-Equity Ratio	1,39	1,76	2,17	3,8
Operating Profit Margin	46,23 %	49,88 %	65,58 %	45,78 %
Current Ratio	0,49	0,93	0,29	0,07
Quick Ratio	0,49	0,93	0,29	0,07
Equity Ratio	0,41	0,35	0,3	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %