GRØTEN AS

5283 FOTLANDSVÅG

Finances

Return on Equity

17,81 %

Current Ratio

4,89

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	265 000	24 000	56 000	214 000
Net Income	114 000	−22 000	−30 000	20 000
Total Assets	742 000	580 000	590 000	623 000
Total Equity	640 000	526 000	548 000	578 000

Income (NOK)	2022	2021	2020	2019
Revenue	265 000	24 000	56 000	214 000
Expenditure	120 000	62 000	95 000	187 000
Operating Profit	146 000	−37 000	−39 000	27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	146 000	−37 000	−39 000	26 000
Tax	32 000	−15 000	−9 000	6 000
Net Income	114 000	−22 000	−30 000	20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	478 000	444 000	457 000	395 000
Total Current Assets	264 000	136 000	133 000	228 000
Total Assets	742 000	580 000	590 000	623 000
Total Retained Equity	483 000	369 000	391 000	421 000
Total Equity	640 000	526 000	548 000	578 000
Total Long-Term Debt	48 000	18 000	15 000	17 000
Total Current Debt	54 000	36 000	27 000	28 000
Total Equity and Debt	742 000	580 000	590 000	623 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	295 000	24 000	26 000	214 000
Other Income	−30 000	0	30 000	0
Revenue	265 000	24 000	56 000	214 000
Cost of Goods Sold	8 000	21 000	20 000	129 000
Salary Costs	2 000	0	3 000	0
Depreciation	16 000	13 000	13 000	5 000
Impairment	0	0	0	0
Expenditure	120 000	62 000	95 000	187 000
Operating Profit	146 000	−37 000	−39 000	27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	50 000
Net Income	114 000	−22 000	−30 000	20 000

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	127 000	93 000	106 000	44 000
Fixtures	0	0	0	0
Total Tangible Assets	127 000	93 000	106 000	44 000
Total Fiancial Fixed Assets	351 000	351 000	351 000	351 000
Total Fixed Assets	478 000	444 000	457 000	395 000
Stock	10 000	10 000	10 000	0
Total Investments	146 000	0	0	0
Cash, Bank	64 000	69 000	23 000	224 000
Total Current Assets	264 000	136 000	133 000	228 000
Total Assets	742 000	580 000	590 000	623 000
Total Equity	640 000	526 000	548 000	578 000
Short-Term Group Debt	0	14 000	0	0
Total Long-Term Debt	48 000	18 000	15 000	17 000
Creditors	0	0	23 000	11 000
Unpaid Taxes	37 000	−5 000	0	7 000
Dividends	0	0	0	50 000
Other Current Debt	0	0	4 000	0
Total Current Debt	54 000	36 000	27 000	28 000
Total Equity and Debt	742 000	580 000	590 000	623 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,81 %	−4,18 %	−5,47 %	3,46 %
Debt-to-Equity Ratio	0,08	0,03	0,03	0,03
Operating Profit Margin	55,09 %	−154,17 %	−69,64 %	12,62 %
Current Ratio	4,89	3,78	4,93	8,14
Quick Ratio	6	5,23	7,82	8,14
Equity Ratio	0,86	0,91	0,93	0,93
Gross Profit Margin	96,98 %	12,5 %	64,29 %	39,72 %