GROGARD AS

3577 HOVET

Finances

Share Ownership

Return on Equity

2,77 %

Current Ratio

3,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 212 000	1 173 000	1 175 000	1 021 000
Net Income	15 000	103 000	196 000	114 000
Total Assets	738 000	737 000	650 000	453 000
Total Equity	541 000	526 000	423 000	277 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 212 000	1 173 000	1 175 000	1 021 000
Expenditure	1 197 000	1 043 000	926 000	891 000
Operating Profit	15 000	129 000	249 000	131 000
Financial Income	4 000	2 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	4 000	2 000	2 000	3 000
Earnings Before Tax	19 000	132 000	252 000	133 000
Tax	4 000	29 000	56 000	19 000
Net Income	15 000	103 000	196 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 000	12 000	15 000	19 000
Total Current Assets	699 000	725 000	634 000	434 000
Total Assets	738 000	737 000	650 000	453 000
Total Retained Equity	511 000	496 000	393 000	247 000
Total Equity	541 000	526 000	423 000	277 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	196 000	212 000	227 000	176 000
Total Equity and Debt	738 000	738 000	650 000	453 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 212 000	1 173 000	1 173 000	1 020 000
Other Income	0	0	2 000	1 000
Revenue	1 212 000	1 173 000	1 175 000	1 021 000
Cost of Goods Sold	146 000	143 000	147 000	127 000
Salary Costs	883 000	637 000	564 000	495 000
Depreciation	−1 000	3 000	4 000	5 000
Impairment	0	0	0	0
Expenditure	1 197 000	1 043 000	926 000	891 000
Operating Profit	15 000	129 000	249 000	131 000
Financial Income	4 000	2 000	2 000	3 000
Financial Costs	0	0	0	0
Financial Balance	4 000	2 000	2 000	3 000
Dividends	0	0	50 000	0
Net Income	15 000	103 000	196 000	114 000

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	35 000	13 000	16 000	20 000
Fixtures	4 000	0	0	0
Total Tangible Assets	39 000	12 000	15 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 000	12 000	15 000	19 000
Stock	105 000	102 000	117 000	132 000
Total Investments	0	0	0	0
Cash, Bank	449 000	470 000	458 000	245 000
Total Current Assets	699 000	725 000	634 000	434 000
Total Assets	738 000	737 000	650 000	453 000
Total Equity	541 000	526 000	423 000	277 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	5 000	19 000	18 000	34 000
Unpaid Taxes	116 000	113 000	103 000	76 000
Dividends	0	0	50 000	0
Other Current Debt	72 000	50 000	50 000	46 000
Total Current Debt	196 000	212 000	227 000	176 000
Total Equity and Debt	738 000	738 000	650 000	453 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,77 %	19,58 %	46,34 %	41,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,24 %	11 %	21,19 %	12,83 %
Current Ratio	3,57	3,42	2,79	2,47
Quick Ratio	7,68	6,59	5,76	9,86
Equity Ratio	0,73	0,71	0,65	0,61
Gross Profit Margin	87,95 %	87,81 %	87,49 %	87,56 %