GROBAKKEN LANDMEK AS

2943 ROGNE

Finances

Return on Equity

13,44 %

Current Ratio

2,42

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 776 000	15 487 000	15 926 000	12 609 000
Net Income	365 000	137 000	196 000	144 000
Total Assets	4 840 000	5 556 000	4 670 000	4 810 000
Total Equity	2 715 000	2 350 000	2 213 000	2 018 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 776 000	15 487 000	15 926 000	12 609 000
Expenditure	15 290 000	15 302 000	15 632 000	12 374 000
Operating Profit	486 000	185 000	294 000	236 000
Financial Income	11 000	18 000	14 000	15 000
Financial Costs	29 000	28 000	59 000	73 000
Financial Balance	−18 000	−10 000	−45 000	−58 000
Earnings Before Tax	468 000	176 000	250 000	177 000
Tax	103 000	39 000	54 000	33 000
Net Income	365 000	137 000	196 000	144 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	747 000	825 000	913 000	898 000
Total Current Assets	4 093 000	4 731 000	3 758 000	3 913 000
Total Assets	4 840 000	5 556 000	4 670 000	4 810 000
Total Retained Equity	2 615 000	2 250 000	2 113 000	1 918 000
Total Equity	2 715 000	2 350 000	2 213 000	2 018 000
Total Long-Term Debt	433 000	649 000	862 000	1 038 000
Total Current Debt	1 691 000	2 556 000	1 595 000	1 754 000
Total Equity and Debt	4 840 000	5 556 000	4 670 000	4 810 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 776 000	15 487 000	15 836 000	12 609 000
Other Income	0	0	90 000	0
Revenue	15 776 000	15 487 000	15 926 000	12 609 000
Cost of Goods Sold	12 508 000	12 471 000	12 482 000	9 815 000
Salary Costs	2 297 000	2 354 000	2 587 000	2 030 000
Depreciation	78 000	88 000	87 000	32 000
Impairment	0	0	0	0
Expenditure	15 290 000	15 302 000	15 632 000	12 374 000
Operating Profit	486 000	185 000	294 000	236 000
Financial Income	11 000	18 000	14 000	15 000
Financial Costs	29 000	28 000	59 000	73 000
Financial Balance	−18 000	−10 000	−45 000	−58 000
Dividends	0	0	0	0
Net Income	365 000	137 000	196 000	144 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	427 000	450 000	473 000	496 000
Machinery and Plant Facilities	313 000	358 000	403 000	345 000
Fixtures	0	10 000	30 000	50 000
Total Tangible Assets	740 000	818 000	906 000	891 000
Total Fiancial Fixed Assets	7 000	7 000	7 000	7 000
Total Fixed Assets	747 000	825 000	913 000	898 000
Stock	2 550 000	2 076 000	1 988 000	1 822 000
Total Investments	0	0	0	0
Cash, Bank	351 000	1 330 000	782 000	1 033 000
Total Current Assets	4 093 000	4 731 000	3 758 000	3 913 000
Total Assets	4 840 000	5 556 000	4 670 000	4 810 000
Total Equity	2 715 000	2 350 000	2 213 000	2 018 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	433 000	649 000	862 000	1 038 000
Creditors	609 000	1 690 000	492 000	1 171 000
Unpaid Taxes	489 000	546 000	768 000	324 000
Dividends	0	0	0	0
Other Current Debt	486 000	274 000	302 000	237 000
Total Current Debt	1 691 000	2 556 000	1 595 000	1 754 000
Total Equity and Debt	4 840 000	5 556 000	4 670 000	4 810 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,44 %	5,83 %	8,86 %	7,14 %
Debt-to-Equity Ratio	0,16	0,28	0,39	0,51
Operating Profit Margin	3,08 %	1,19 %	1,85 %	1,87 %
Current Ratio	2,42	1,85	2,36	2,23
Quick Ratio	−4,76	9,86	−9,56	−57,54
Equity Ratio	0,56	0,42	0,47	0,42
Gross Profit Margin	20,72 %	19,47 %	21,63 %	22,16 %