GRØNHAUG MARINECONSULT AS

5515 HAUGESUND

Finances

Share Ownership

Return on Equity

−19,82 %

Current Ratio

7,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 337 000	1 388 000	1 631 000	1 803 000
Net Income	−383 000	476 000	504 000	498 000
Total Assets	2 206 000	2 594 000	2 218 000	1 709 000
Total Equity	1 932 000	2 315 000	1 839 000	1 335 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 337 000	1 388 000	1 631 000	1 803 000
Expenditure	1 038 000	1 521 000	1 241 000	1 612 000
Operating Profit	299 000	−133 000	389 000	191 000
Financial Income	0	583 000	202 000	349 000
Financial Costs	617 000	4 000	1 000	0
Financial Balance	−617 000	579 000	201 000	349 000
Earnings Before Tax	−317 000	447 000	591 000	541 000
Tax	66 000	−29 000	86 000	42 000
Net Income	−383 000	476 000	504 000	498 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	57 000	96 000	90 000	0
Total Current Assets	2 149 000	2 498 000	2 128 000	1 709 000
Total Assets	2 206 000	2 594 000	2 218 000	1 709 000
Total Retained Equity	1 832 000	2 215 000	1 739 000	1 235 000
Total Equity	1 932 000	2 315 000	1 839 000	1 335 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	275 000	279 000	379 000	374 000
Total Equity and Debt	2 206 000	2 594 000	2 218 000	1 709 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 337 000	1 388 000	1 631 000	1 803 000
Other Income	0	0	0	0
Revenue	1 337 000	1 388 000	1 631 000	1 803 000
Cost of Goods Sold	0	1 000	0	0
Salary Costs	723 000	1 023 000	804 000	1 076 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 038 000	1 521 000	1 241 000	1 612 000
Operating Profit	299 000	−133 000	389 000	191 000
Financial Income	0	583 000	202 000	349 000
Financial Costs	617 000	4 000	1 000	0
Financial Balance	−617 000	579 000	201 000	349 000
Dividends	0	0	0	50 000
Net Income	−383 000	476 000	504 000	498 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	29 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	56 000	67 000	90 000	0
Total Fixed Assets	57 000	96 000	90 000	0
Stock	0	0	0	0
Total Investments	1 668 000	2 192 000	1 641 000	1 364 000
Cash, Bank	197 000	290 000	396 000	298 000
Total Current Assets	2 149 000	2 498 000	2 128 000	1 709 000
Total Assets	2 206 000	2 594 000	2 218 000	1 709 000
Total Equity	1 932 000	2 315 000	1 839 000	1 335 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	49 000	31 000	48 000	29 000
Unpaid Taxes	114 000	129 000	135 000	128 000
Dividends	0	0	0	50 000
Other Current Debt	73 000	119 000	110 000	125 000
Total Current Debt	275 000	279 000	379 000	374 000
Total Equity and Debt	2 206 000	2 594 000	2 218 000	1 709 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,82 %	20,56 %	27,41 %	37,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	22,36 %	−9,58 %	23,85 %	10,59 %
Current Ratio	7,81	8,95	5,61	4,57
Quick Ratio	7,81	8,95	5,61	4,57
Equity Ratio	0,88	0,89	0,83	0,78
Gross Profit Margin	100 %	99,93 %	100 %	100 %