GROVASTØYLEN AS

6905 FLORØ

Finances

Share Ownership

Return on Equity

−23,27 %

Current Ratio

9,89

Debt-to-Equity Ratio

−45,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	997 000	648 000	620 000	551 000
Net Income	37 000	57 000	14 000	43 000
Total Assets	7 339 000	7 244 000	7 201 000	7 180 000
Total Equity	−159 000	−196 000	−253 000	−267 000

Income (NOK)	2022	2021	2020	2019
Revenue	997 000	648 000	620 000	551 000
Expenditure	966 000	591 000	609 000	513 000
Operating Profit	31 000	57 000	12 000	38 000
Financial Income	7 000	0	2 000	4 000
Financial Costs	0	0	0	0
Financial Balance	7 000	0	2 000	4 000
Earnings Before Tax	37 000	57 000	14 000	43 000
Tax	0	0	0	0
Net Income	37 000	57 000	14 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 392 000	4 543 000	4 516 000	4 458 000
Total Current Assets	2 947 000	2 700 000	2 685 000	2 722 000
Total Assets	7 339 000	7 244 000	7 201 000	7 180 000
Total Retained Equity	−1 368 000	−1 405 000	−1 462 000	−1 476 000
Total Equity	−159 000	−196 000	−253 000	−267 000
Total Long-Term Debt	7 200 000	7 200 000	7 200 000	7 200 000
Total Current Debt	298 000	240 000	254 000	247 000
Total Equity and Debt	7 339 000	7 244 000	7 201 000	7 180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	997 000	648 000	620 000	551 000
Revenue	997 000	648 000	620 000	551 000
Cost of Goods Sold	91 000	46 000	0	0
Salary Costs	0	0	0	0
Depreciation	192 000	179 000	147 000	123 000
Impairment	0	0	0	0
Expenditure	966 000	591 000	609 000	513 000
Operating Profit	31 000	57 000	12 000	38 000
Financial Income	7 000	0	2 000	4 000
Financial Costs	0	0	0	0
Financial Balance	7 000	0	2 000	4 000
Dividends	0	0	0	0
Net Income	37 000	57 000	14 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 163 000	4 237 000	4 351 000	4 382 000
Machinery and Plant Facilities	0	0	165 000	76 000
Fixtures	229 000	307 000	0	0
Total Tangible Assets	4 392 000	4 543 000	4 516 000	4 458 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 392 000	4 543 000	4 516 000	4 458 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 872 000	2 512 000	2 542 000	2 670 000
Total Current Assets	2 947 000	2 700 000	2 685 000	2 722 000
Total Assets	7 339 000	7 244 000	7 201 000	7 180 000
Total Equity	−159 000	−196 000	−253 000	−267 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 200 000	7 200 000	7 200 000	7 200 000
Creditors	81 000	23 000	37 000	30 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	217 000	217 000	217 000	217 000
Total Current Debt	298 000	240 000	254 000	247 000
Total Equity and Debt	7 339 000	7 244 000	7 201 000	7 180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,27 %	−29,08 %	−5,53 %	−16,1 %
Debt-to-Equity Ratio	−45,28	−36,73	−28,46	−26,97
Operating Profit Margin	3,11 %	8,8 %	1,94 %	6,9 %
Current Ratio	9,89	11,25	10,57	11,02
Quick Ratio	9,89	11,25	10,57	11,02
Equity Ratio	−0,02	−0,03	−0,04	−0,04
Gross Profit Margin	90,87 %	92,9 %	100 %	100 %