GRIP SHIPPING AS

6509 KRISTIANSUND N

Finances

Return on Equity

49,02 %

Current Ratio

N/A

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 527 000	2 796 000	3 067 000	2 493 000
Net Income	3 839 000	429 000	238 000	−288 000
Total Assets	8 172 000	9 810 000	9 961 000	10 105 000
Total Equity	7 832 000	3 994 000	3 564 000	3 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 527 000	2 796 000	3 067 000	2 493 000
Expenditure	2 392 000	2 121 000	2 559 000	2 810 000
Operating Profit	2 066 000	666 000	430 000	−205 000
Financial Income	2 253 000	0	0	0
Financial Costs	27 000	113 000	124 000	163 000
Financial Balance	2 226 000	−113 000	−124 000	−163 000
Earnings Before Tax	4 292 000	553 000	306 000	−368 000
Tax	453 000	124 000	67 000	−80 000
Net Income	3 839 000	429 000	238 000	−288 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 467 000	9 452 000	9 087 000	9 246 000
Total Current Assets	4 705 000	357 000	874 000	859 000
Total Assets	8 172 000	9 810 000	9 961 000	10 105 000
Total Retained Equity	7 632 000	3 794 000	3 364 000	3 126 000
Total Equity	7 832 000	3 994 000	3 564 000	3 326 000
Total Long-Term Debt	340 000	5 755 000	6 267 000	6 465 000
Total Current Debt	0	61 000	130 000	314 000
Total Equity and Debt	8 172 000	9 810 000	9 961 000	10 105 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	728 000	2 221 000	2 452 000	1 943 000
Other Income	3 798 000	575 000	615 000	550 000
Revenue	4 527 000	2 796 000	3 067 000	2 493 000
Cost of Goods Sold	57 000	93 000	110 000	352 000
Salary Costs	1 000	172 000	612 000	885 000
Depreciation	28 000	91 000	91 000	82 000
Impairment	0	0	0	0
Expenditure	2 392 000	2 121 000	2 559 000	2 810 000
Operating Profit	2 066 000	666 000	430 000	−205 000
Financial Income	2 253 000	0	0	0
Financial Costs	27 000	113 000	124 000	163 000
Financial Balance	2 226 000	−113 000	−124 000	−163 000
Dividends	0	0	0	0
Net Income	3 839 000	429 000	238 000	−288 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	231 000	355 000	423 000
Real Eastate	91 000	5 962 000	5 962 000	5 962 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	169 000	7 125 000	7 216 000	7 307 000
Total Fiancial Fixed Assets	3 298 000	2 096 000	1 516 000	1 516 000
Total Fixed Assets	3 467 000	9 452 000	9 087 000	9 246 000
Stock	0	68 000	77 000	154 000
Total Investments	0	0	0	0
Cash, Bank	3 600 000	283 000	149 000	88 000
Total Current Assets	4 705 000	357 000	874 000	859 000
Total Assets	8 172 000	9 810 000	9 961 000	10 105 000
Total Equity	7 832 000	3 994 000	3 564 000	3 326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	340 000	5 755 000	6 267 000	6 465 000
Creditors	0	0	39 000	97 000
Unpaid Taxes	0	0	21 000	38 000
Dividends	0	0	0	0
Other Current Debt	0	61 000	69 000	179 000
Total Current Debt	0	61 000	130 000	314 000
Total Equity and Debt	8 172 000	9 810 000	9 961 000	10 105 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,02 %	10,74 %	6,68 %	−8,66 %
Debt-to-Equity Ratio	0,04	1,44	1,76	1,94
Operating Profit Margin	45,64 %	23,82 %	14,02 %	−8,22 %
Current Ratio	-	5,85	6,72	2,74
Quick Ratio	-	−51	16,49	5,37
Equity Ratio	0,96	0,41	0,36	0,33
Gross Profit Margin	98,74 %	96,67 %	96,41 %	85,88 %