GRINDE MARITIME AS

5518 HAUGESUND

Finances

Return on Equity

−7,91 %

Current Ratio

7,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	393 000	942 000	329 000	143 000
Net Income	−56 000	413 000	76 000	32 000
Total Assets	803 000	1 029 000	558 000	458 000
Total Equity	708 000	832 000	468 000	433 000

Income (NOK)	2022	2021	2020	2019
Revenue	393 000	942 000	329 000	143 000
Expenditure	447 000	408 000	231 000	103 000
Operating Profit	−54 000	533 000	97 000	40 000
Financial Income	0	0	0	0
Financial Costs	3 000	2 000	0	0
Financial Balance	−3 000	−2 000	0	0
Earnings Before Tax	−57 000	531 000	98 000	41 000
Tax	0	118 000	22 000	9 000
Net Income	−56 000	413 000	76 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 000	126 000	56 000	50 000
Total Current Assets	696 000	903 000	502 000	408 000
Total Assets	803 000	1 029 000	558 000	458 000
Total Retained Equity	678 000	802 000	438 000	403 000
Total Equity	708 000	832 000	468 000	433 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	95 000	197 000	90 000	25 000
Total Equity and Debt	803 000	1 029 000	558 000	458 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	393 000	942 000	329 000	143 000
Other Income	0	0	0	0
Revenue	393 000	942 000	329 000	143 000
Cost of Goods Sold	141 000	107 000	10 000	3 000
Salary Costs	17 000	83 000	29 000	40 000
Depreciation	5 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	447 000	408 000	231 000	103 000
Operating Profit	−54 000	533 000	97 000	40 000
Financial Income	0	0	0	0
Financial Costs	3 000	2 000	0	0
Financial Balance	−3 000	−2 000	0	0
Dividends	67 000	50 000	40 000	0
Net Income	−56 000	413 000	76 000	32 000

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	18 000	23 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 000	23 000	0	0
Total Fiancial Fixed Assets	89 000	104 000	56 000	50 000
Total Fixed Assets	107 000	126 000	56 000	50 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	625 000	665 000	454 000	402 000
Total Current Assets	696 000	903 000	502 000	408 000
Total Assets	803 000	1 029 000	558 000	458 000
Total Equity	708 000	832 000	468 000	433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	26 000	18 000	15 000	2 000
Unpaid Taxes	0	0	8 000	6 000
Dividends	67 000	50 000	40 000	0
Other Current Debt	1 000	12 000	5 000	8 000
Total Current Debt	95 000	197 000	90 000	25 000
Total Equity and Debt	803 000	1 029 000	558 000	458 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,91 %	49,64 %	16,24 %	7,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−13,74 %	56,58 %	29,48 %	27,97 %
Current Ratio	7,33	4,58	5,58	16,32
Quick Ratio	7,33	4,58	5,58	16,32
Equity Ratio	0,88	0,81	0,84	0,95
Gross Profit Margin	64,12 %	88,64 %	96,96 %	97,9 %