GRASP LABS AS

3734 SKIEN

Finances

Share Ownership

Return on Equity

16,85 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 319 000	5 600 000	4 243 000	1 808 000
Net Income	401 000	−340 000	−803 000	−872 000
Total Assets	3 737 000	3 613 000	3 318 000	3 670 000
Total Equity	2 380 000	1 979 000	2 319 000	3 128 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 319 000	5 600 000	4 243 000	1 808 000
Expenditure	6 929 000	5 946 000	5 072 000	2 712 000
Operating Profit	390 000	−346 000	−829 000	−905 000
Financial Income	11 000	7 000	26 000	33 000
Financial Costs	0	0	0	0
Financial Balance	11 000	7 000	26 000	33 000
Earnings Before Tax	401 000	−340 000	−803 000	−872 000
Tax	0	0	0	0
Net Income	401 000	−340 000	−803 000	−872 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 050 000	0	0	1 000
Total Current Assets	2 687 000	3 613 000	3 318 000	3 669 000
Total Assets	3 737 000	3 613 000	3 318 000	3 670 000
Total Retained Equity	−1 620 000	−2 021 000	−1 681 000	−878 000
Total Equity	2 380 000	1 979 000	2 319 000	3 128 000
Total Long-Term Debt	0	350 000	0	0
Total Current Debt	1 358 000	1 284 000	999 000	542 000
Total Equity and Debt	3 737 000	3 613 000	3 318 000	3 670 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 969 000	5 600 000	4 243 000	1 808 000
Other Income	350 000	0	0	0
Revenue	7 319 000	5 600 000	4 243 000	1 808 000
Cost of Goods Sold	944 000	2 000	221 000	431 000
Salary Costs	5 037 000	5 255 000	4 279 000	1 557 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 929 000	5 946 000	5 072 000	2 712 000
Operating Profit	390 000	−346 000	−829 000	−905 000
Financial Income	11 000	7 000	26 000	33 000
Financial Costs	0	0	0	0
Financial Balance	11 000	7 000	26 000	33 000
Dividends	0	0	0	0
Net Income	401 000	−340 000	−803 000	−872 000

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	1 050 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 050 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	1 000
Total Fixed Assets	1 050 000	0	0	1 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 016 000	1 952 000	2 444 000	3 236 000
Total Current Assets	2 687 000	3 613 000	3 318 000	3 669 000
Total Assets	3 737 000	3 613 000	3 318 000	3 670 000
Total Equity	2 380 000	1 979 000	2 319 000	3 128 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	350 000	0	0
Creditors	66 000	92 000	176 000	108 000
Unpaid Taxes	699 000	671 000	401 000	268 000
Dividends	0	0	0	0
Other Current Debt	593 000	521 000	423 000	166 000
Total Current Debt	1 358 000	1 284 000	999 000	542 000
Total Equity and Debt	3 737 000	3 613 000	3 318 000	3 670 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,85 %	−17,18 %	−34,63 %	−27,88 %
Debt-to-Equity Ratio	0	0,18	0	0
Operating Profit Margin	5,33 %	−6,18 %	−19,54 %	−50,06 %
Current Ratio	1,98	2,81	3,32	6,77
Quick Ratio	1,98	2,81	3,32	6,77
Equity Ratio	0,64	0,55	0,7	0,85
Gross Profit Margin	87,1 %	99,96 %	94,79 %	76,16 %