GRØVLA KRAFT AS

6811 FØRDE

Finances

Share Ownership

Return on Equity

41,32 %

Current Ratio

0,45

Debt-to-Equity Ratio

−48,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 510 000	1 255 000	822 000	1 895 000
Net Income	−119 000	−170 000	−633 000	39 000
Total Assets	14 253 000	14 543 000	15 057 000	15 671 000
Total Equity	−288 000	−169 000	0	634 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 510 000	1 255 000	822 000	1 895 000
Expenditure	940 000	897 000	871 000	1 235 000
Operating Profit	569 000	359 000	−49 000	659 000
Financial Income	0	0	2 000	6 000
Financial Costs	688 000	529 000	586 000	626 000
Financial Balance	−688 000	−529 000	−584 000	−620 000
Earnings Before Tax	−119 000	−170 000	−633 000	39 000
Tax	0	0	0	0
Net Income	−119 000	−170 000	−633 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 978 000	14 431 000	14 887 000	15 345 000
Total Current Assets	275 000	111 000	170 000	326 000
Total Assets	14 253 000	14 543 000	15 057 000	15 671 000
Total Retained Equity	−388 000	−269 000	−100 000	534 000
Total Equity	−288 000	−169 000	0	634 000
Total Long-Term Debt	13 928 000	14 240 000	14 708 000	15 176 000
Total Current Debt	613 000	472 000	349 000	−138 000
Total Equity and Debt	14 253 000	14 543 000	15 057 000	15 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 510 000	1 255 000	840 000	2 425 000
Other Income	0	0	−18 000	−530 000
Revenue	1 510 000	1 255 000	822 000	1 895 000
Cost of Goods Sold	127 000	145 000	177 000	173 000
Salary Costs	0	0	0	0
Depreciation	453 000	456 000	458 000	461 000
Impairment	0	0	0	0
Expenditure	940 000	897 000	871 000	1 235 000
Operating Profit	569 000	359 000	−49 000	659 000
Financial Income	0	0	2 000	6 000
Financial Costs	688 000	529 000	586 000	626 000
Financial Balance	−688 000	−529 000	−584 000	−620 000
Dividends	0	0	0	0
Net Income	−119 000	−170 000	−633 000	39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 197 000	9 485 000	9 775 000	10 067 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 781 000	4 947 000	5 113 000	5 278 000
Total Tangible Assets	13 978 000	14 431 000	14 887 000	15 345 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 978 000	14 431 000	14 887 000	15 345 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	87 000	84 000	127 000	122 000
Total Current Assets	275 000	111 000	170 000	326 000
Total Assets	14 253 000	14 543 000	15 057 000	15 671 000
Total Equity	−288 000	−169 000	0	634 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 928 000	14 240 000	14 708 000	15 176 000
Creditors	406 000	428 000	439 000	1 032 000
Unpaid Taxes	7 000	−15 000	8 000	93 000
Dividends	0	0	0	0
Other Current Debt	73 000	46 000	44 000	57 000
Total Current Debt	613 000	472 000	349 000	−138 000
Total Equity and Debt	14 253 000	14 543 000	15 057 000	15 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,32 %	100,59 %	-	6,15 %
Debt-to-Equity Ratio	−48,36	−84,26	-	23,94
Operating Profit Margin	37,68 %	28,61 %	−5,96 %	34,78 %
Current Ratio	0,45	0,24	0,49	−2,36
Quick Ratio	0,45	0,24	0,49	−2,36
Equity Ratio	−0,02	−0,01	0	0,04
Gross Profit Margin	91,59 %	88,45 %	78,47 %	90,87 %