GRENLAND LETT OG METT AS

3915 PORSGRUNN

Finances

Share Ownership

Return on Equity

138,46 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,95

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 832 000	3 656 000	2 498 000	2 925 000
Net Income	108 000	201 000	−9 000	−125 000
Total Assets	703 000	319 000	121 000	246 000
Total Equity	78 000	−30 000	−231 000	−222 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 832 000	3 656 000	2 498 000	2 925 000
Expenditure	4 687 000	3 453 000	2 505 000	3 049 000
Operating Profit	144 000	203 000	−7 000	−124 000
Financial Income	1 000	0	0	0
Financial Costs	5 000	2 000	3 000	1 000
Financial Balance	−4 000	−2 000	−3 000	−1 000
Earnings Before Tax	140 000	201 000	−9 000	−125 000
Tax	33 000	0	0	0
Net Income	108 000	201 000	−9 000	−125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	1 000	1 000	1 000
Total Current Assets	649 000	318 000	120 000	245 000
Total Assets	703 000	319 000	121 000	246 000
Total Retained Equity	48 000	−60 000	−261 000	−252 000
Total Equity	78 000	−30 000	−231 000	−222 000
Total Long-Term Debt	74 000	0	0	0
Total Current Debt	552 000	349 000	352 000	468 000
Total Equity and Debt	703 000	319 000	121 000	246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 832 000	3 656 000	2 498 000	2 925 000
Other Income	0	0	0	0
Revenue	4 832 000	3 656 000	2 498 000	2 925 000
Cost of Goods Sold	1 820 000	1 363 000	1 073 000	1 301 000
Salary Costs	1 819 000	1 217 000	945 000	1 225 000
Depreciation	17 000	0	0	0
Impairment	0	0	0	0
Expenditure	4 687 000	3 453 000	2 505 000	3 049 000
Operating Profit	144 000	203 000	−7 000	−124 000
Financial Income	1 000	0	0	0
Financial Costs	5 000	2 000	3 000	1 000
Financial Balance	−4 000	−2 000	−3 000	−1 000
Dividends	0	0	0	0
Net Income	108 000	201 000	−9 000	−125 000

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	0	0	0	0
Fixtures	53 000	0	0	0
Total Tangible Assets	53 000	0	0	0
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	54 000	1 000	1 000	1 000
Stock	20 000	37 000	0	0
Total Investments	0	0	0	0
Cash, Bank	624 000	246 000	59 000	190 000
Total Current Assets	649 000	318 000	120 000	245 000
Total Assets	703 000	319 000	121 000	246 000
Total Equity	78 000	−30 000	−231 000	−222 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	74 000	0	0	0
Creditors	37 000	43 000	64 000	83 000
Unpaid Taxes	238 000	81 000	94 000	114 000
Dividends	0	0	0	0
Other Current Debt	244 000	225 000	194 000	270 000
Total Current Debt	552 000	349 000	352 000	468 000
Total Equity and Debt	703 000	319 000	121 000	246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	138,46 %	−670 %	3,9 %	56,31 %
Debt-to-Equity Ratio	0,95	−0	−0	−0
Operating Profit Margin	2,98 %	5,55 %	−0,28 %	−4,24 %
Current Ratio	1,18	0,91	0,34	0,52
Quick Ratio	1,22	1,02	0,34	0,52
Equity Ratio	0,11	−0,09	−1,91	−0,9
Gross Profit Margin	62,33 %	62,72 %	57,05 %	55,52 %