GRØTTING OLJE AS

2413 ELVERUM

Finances

Return on Equity

−306,56 %

Current Ratio

0,87

Debt-to-Equity Ratio

6,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 069 000	34 092 000	30 036 000	33 196 000
Net Income	−935 000	431 000	95 000	672 000
Total Assets	10 531 000	8 089 000	6 720 000	7 260 000
Total Equity	305 000	2 705 000	2 274 000	2 180 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 069 000	34 092 000	30 036 000	33 196 000
Expenditure	45 094 000	33 456 000	29 761 000	32 162 000
Operating Profit	−1 025 000	635 000	276 000	1 035 000
Financial Income	17 000	16 000	40 000	19 000
Financial Costs	183 000	161 000	163 000	139 000
Financial Balance	−166 000	−145 000	−123 000	−120 000
Earnings Before Tax	−1 190 000	490 000	153 000	915 000
Tax	−256 000	60 000	58 000	243 000
Net Income	−935 000	431 000	95 000	672 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 364 000	1 742 000	1 719 000	1 819 000
Total Current Assets	7 166 000	6 347 000	5 001 000	5 441 000
Total Assets	10 531 000	8 089 000	6 720 000	7 260 000
Total Retained Equity	4 000	2 404 000	1 973 000	1 878 000
Total Equity	305 000	2 705 000	2 274 000	2 180 000
Total Long-Term Debt	2 011 000	885 000	1 345 000	1 343 000
Total Current Debt	8 215 000	4 499 000	3 100 000	3 738 000
Total Equity and Debt	10 531 000	8 089 000	6 720 000	7 260 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 971 000	34 028 000	29 731 000	32 934 000
Other Income	99 000	63 000	306 000	262 000
Revenue	44 069 000	34 092 000	30 036 000	33 196 000
Cost of Goods Sold	26 306 000	15 934 000	13 408 000	15 258 000
Salary Costs	6 779 000	6 846 000	6 740 000	7 295 000
Depreciation	153 000	175 000	221 000	236 000
Impairment	0	0	0	0
Expenditure	45 094 000	33 456 000	29 761 000	32 162 000
Operating Profit	−1 025 000	635 000	276 000	1 035 000
Financial Income	17 000	16 000	40 000	19 000
Financial Costs	183 000	161 000	163 000	139 000
Financial Balance	−166 000	−145 000	−123 000	−120 000
Dividends	1 465 000	0	0	0
Net Income	−935 000	431 000	95 000	672 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	298 000	43 000	0	0
Real Eastate	10 000	13 000	16 000	19 000
Machinery and Plant Facilities	44 000	62 000	80 000	0
Fixtures	228 000	320 000	250 000	398 000
Total Tangible Assets	282 000	395 000	346 000	417 000
Total Fiancial Fixed Assets	2 784 000	1 304 000	1 373 000	1 402 000
Total Fixed Assets	3 364 000	1 742 000	1 719 000	1 819 000
Stock	779 000	750 000	866 000	835 000
Total Investments	0	0	0	0
Cash, Bank	828 000	287 000	323 000	803 000
Total Current Assets	7 166 000	6 347 000	5 001 000	5 441 000
Total Assets	10 531 000	8 089 000	6 720 000	7 260 000
Total Equity	305 000	2 705 000	2 274 000	2 180 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 011 000	885 000	1 345 000	1 343 000
Creditors	5 006 000	2 475 000	1 306 000	1 514 000
Unpaid Taxes	728 000	833 000	684 000	944 000
Dividends	1 465 000	0	0	0
Other Current Debt	1 016 000	1 088 000	1 052 000	1 020 000
Total Current Debt	8 215 000	4 499 000	3 100 000	3 738 000
Total Equity and Debt	10 531 000	8 089 000	6 720 000	7 260 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−306,56 %	15,93 %	4,18 %	30,83 %
Debt-to-Equity Ratio	6,59	0,33	0,59	0,62
Operating Profit Margin	−2,33 %	1,86 %	0,92 %	3,12 %
Current Ratio	0,87	1,41	1,61	1,46
Quick Ratio	0,96	1,69	2,24	1,87
Equity Ratio	0,03	0,33	0,34	0,3
Gross Profit Margin	40,31 %	53,26 %	55,36 %	54,04 %