GRØNN ENERGI MIDT-NORGE AS

7038 TRONDHEIM

Finances

Share Ownership

Return on Equity

76,11 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 540 000	40 264 000	30 382 000	34 653 000
Net Income	4 071 000	2 531 000	1 707 000	1 332 000
Total Assets	14 829 000	13 625 000	10 932 000	9 043 000
Total Equity	5 349 000	3 479 000	2 948 000	3 041 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 540 000	40 264 000	30 382 000	34 653 000
Expenditure	44 176 000	36 857 000	28 034 000	32 924 000
Operating Profit	5 364 000	3 408 000	2 349 000	1 728 000
Financial Income	27 000	23 000	22 000	83 000
Financial Costs	168 000	176 000	182 000	100 000
Financial Balance	−141 000	−153 000	−160 000	−17 000
Earnings Before Tax	5 223 000	3 256 000	2 189 000	1 711 000
Tax	1 152 000	725 000	482 000	379 000
Net Income	4 071 000	2 531 000	1 707 000	1 332 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	161 000	164 000	45 000	115 000
Total Current Assets	14 667 000	13 462 000	10 887 000	8 929 000
Total Assets	14 829 000	13 625 000	10 932 000	9 043 000
Total Retained Equity	5 249 000	3 378 000	2 848 000	2 941 000
Total Equity	5 349 000	3 479 000	2 948 000	3 041 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 479 000	10 147 000	7 984 000	6 002 000
Total Equity and Debt	14 829 000	13 625 000	10 932 000	9 043 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 540 000	40 264 000	30 382 000	34 653 000
Other Income	0	0	0	0
Revenue	49 540 000	40 264 000	30 382 000	34 653 000
Cost of Goods Sold	33 629 000	27 700 000	20 426 000	25 560 000
Salary Costs	7 130 000	6 107 000	4 776 000	4 842 000
Depreciation	4 000	27 000	50 000	50 000
Impairment	0	0	0	0
Expenditure	44 176 000	36 857 000	28 034 000	32 924 000
Operating Profit	5 364 000	3 408 000	2 349 000	1 728 000
Financial Income	27 000	23 000	22 000	83 000
Financial Costs	168 000	176 000	182 000	100 000
Financial Balance	−141 000	−153 000	−160 000	−17 000
Dividends	2 200 000	2 000 000	1 800 000	0
Net Income	4 071 000	2 531 000	1 707 000	1 332 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	50 000	85 000	11 000	31 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	6 000	33 000	84 000
Total Tangible Assets	22 000	6 000	33 000	84 000
Total Fiancial Fixed Assets	90 000	72 000	0	0
Total Fixed Assets	161 000	164 000	45 000	115 000
Stock	6 944 000	5 252 000	3 955 000	3 304 000
Total Investments	0	0	0	0
Cash, Bank	5 227 000	5 919 000	4 125 000	2 758 000
Total Current Assets	14 667 000	13 462 000	10 887 000	8 929 000
Total Assets	14 829 000	13 625 000	10 932 000	9 043 000
Total Equity	5 349 000	3 479 000	2 948 000	3 041 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 886 000	5 538 000	2 917 000	3 423 000
Unpaid Taxes	573 000	1 197 000	653 000	606 000
Dividends	2 200 000	2 000 000	1 800 000	0
Other Current Debt	704 000	614 000	2 151 000	1 641 000
Total Current Debt	9 479 000	10 147 000	7 984 000	6 002 000
Total Equity and Debt	14 829 000	13 625 000	10 932 000	9 043 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,11 %	72,75 %	57,9 %	43,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,83 %	8,46 %	7,73 %	4,99 %
Current Ratio	1,55	1,33	1,36	1,49
Quick Ratio	5,79	2,75	2,7	3,31
Equity Ratio	0,36	0,26	0,27	0,34
Gross Profit Margin	32,12 %	31,2 %	32,77 %	26,24 %