GRØNOLEN FJELLGARD AS

2952 BEITO

Finances

Return on Equity

14,95 %

Current Ratio

1,77

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 948 000	12 801 000	13 785 000	14 201 000
Net Income	2 607 000	4 318 000	5 578 000	5 383 000
Total Assets	25 832 000	23 937 000	29 444 000	23 464 000
Total Equity	17 436 000	14 829 000	25 512 000	19 934 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 948 000	12 801 000	13 785 000	14 201 000
Expenditure	8 774 000	8 341 000	7 386 000	8 138 000
Operating Profit	3 174 000	4 460 000	6 400 000	6 063 000
Financial Income	170 000	881 000	617 000	698 000
Financial Costs	7 000	0	4 000	1 000
Financial Balance	163 000	881 000	613 000	697 000
Earnings Before Tax	3 337 000	5 341 000	7 012 000	6 761 000
Tax	731 000	1 023 000	1 435 000	1 378 000
Net Income	2 607 000	4 318 000	5 578 000	5 383 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 032 000	10 535 000	10 746 000	18 016 000
Total Current Assets	13 800 000	13 402 000	18 698 000	5 448 000
Total Assets	25 832 000	23 937 000	29 444 000	23 464 000
Total Retained Equity	17 326 000	14 719 000	25 402 000	19 824 000
Total Equity	17 436 000	14 829 000	25 512 000	19 934 000
Total Long-Term Debt	578 000	544 000	644 000	699 000
Total Current Debt	7 818 000	8 564 000	3 289 000	2 831 000
Total Equity and Debt	25 832 000	23 937 000	29 444 000	23 464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 054 000	2 716 000	3 258 000	3 026 000
Other Income	7 894 000	10 085 000	10 527 000	11 175 000
Revenue	11 948 000	12 801 000	13 785 000	14 201 000
Cost of Goods Sold	1 633 000	1 196 000	1 258 000	2 322 000
Salary Costs	3 635 000	2 269 000	2 643 000	2 781 000
Depreciation	736 000	829 000	729 000	588 000
Impairment	0	0	0	0
Expenditure	8 774 000	8 341 000	7 386 000	8 138 000
Operating Profit	3 174 000	4 460 000	6 400 000	6 063 000
Financial Income	170 000	881 000	617 000	698 000
Financial Costs	7 000	0	4 000	1 000
Financial Balance	163 000	881 000	613 000	697 000
Dividends	0	0	0	0
Net Income	2 607 000	4 318 000	5 578 000	5 383 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 299 000	7 817 000	7 973 000	11 428 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	803 000	789 000	804 000	595 000
Total Tangible Assets	10 102 000	8 605 000	8 777 000	12 022 000
Total Fiancial Fixed Assets	1 930 000	1 930 000	1 969 000	5 994 000
Total Fixed Assets	12 032 000	10 535 000	10 746 000	18 016 000
Stock	367 000	374 000	488 000	235 000
Total Investments	4 390 000	4 372 000	4 027 000	0
Cash, Bank	8 580 000	8 052 000	13 670 000	4 746 000
Total Current Assets	13 800 000	13 402 000	18 698 000	5 448 000
Total Assets	25 832 000	23 937 000	29 444 000	23 464 000
Total Equity	17 436 000	14 829 000	25 512 000	19 934 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	578 000	544 000	644 000	699 000
Creditors	588 000	956 000	610 000	274 000
Unpaid Taxes	123 000	431 000	158 000	225 000
Dividends	0	0	0	0
Other Current Debt	6 435 000	6 078 000	1 055 000	1 077 000
Total Current Debt	7 818 000	8 564 000	3 289 000	2 831 000
Total Equity and Debt	25 832 000	23 937 000	29 444 000	23 464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,95 %	29,12 %	21,86 %	27 %
Debt-to-Equity Ratio	0,03	0,04	0,03	0,04
Operating Profit Margin	26,57 %	34,84 %	46,43 %	42,69 %
Current Ratio	1,77	1,56	5,69	1,92
Quick Ratio	1,85	1,64	6,68	2,1
Equity Ratio	0,67	0,62	0,87	0,85
Gross Profit Margin	86,33 %	90,66 %	90,87 %	83,65 %