GRO NARVESTAD SALONG AS

2000 LILLESTRØM

Finances

Share Ownership

Return on Equity

−51,35 %

Current Ratio

0,91

Debt-to-Equity Ratio

−0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 696 000	1 953 000	1 829 000	1 516 000
Net Income	19 000	92 000	89 000	−11 000
Total Assets	275 000	289 000	260 000	84 000
Total Equity	−37 000	−55 000	−147 000	−236 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 696 000	1 953 000	1 829 000	1 516 000
Expenditure	1 669 000	1 860 000	1 739 000	1 527 000
Operating Profit	18 000	92 000	89 000	−11 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	19 000	92 000	89 000	−11 000
Tax	0	0	0	0
Net Income	19 000	92 000	89 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	12 000	15 000	19 000
Total Current Assets	275 000	277 000	245 000	65 000
Total Assets	275 000	289 000	260 000	84 000
Total Retained Equity	−77 000	−95 000	−187 000	−276 000
Total Equity	−37 000	−55 000	−147 000	−236 000
Total Long-Term Debt	10 000	20 000	50 000	0
Total Current Debt	302 000	324 000	357 000	320 000
Total Equity and Debt	275 000	289 000	260 000	84 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 600 000	1 953 000	1 797 000	1 415 000
Other Income	96 000	0	32 000	101 000
Revenue	1 696 000	1 953 000	1 829 000	1 516 000
Cost of Goods Sold	117 000	129 000	130 000	140 000
Salary Costs	1 050 000	1 297 000	1 179 000	973 000
Depreciation	12 000	3 000	4 000	5 000
Impairment	0	0	0	0
Expenditure	1 669 000	1 860 000	1 739 000	1 527 000
Operating Profit	18 000	92 000	89 000	−11 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	19 000	92 000	89 000	−11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	12 000	15 000	19 000
Total Intangible Assets	0	12 000	15 000	19 000
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	0	0	0	0
Total Fixed Assets	0	12 000	15 000	19 000
Stock	50 000	58 000	30 000	17 000
Total Investments	0	0	0	0
Cash, Bank	135 000	182 000	196 000	30 000
Total Current Assets	275 000	277 000	245 000	65 000
Total Assets	275 000	289 000	260 000	84 000
Total Equity	−37 000	−55 000	−147 000	−236 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	20 000	50 000	0
Creditors	74 000	33 000	22 000	60 000
Unpaid Taxes	80 000	109 000	175 000	74 000
Dividends	0	0	0	0
Other Current Debt	149 000	182 000	160 000	185 000
Total Current Debt	302 000	324 000	357 000	320 000
Total Equity and Debt	275 000	289 000	260 000	84 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,35 %	−167,27 %	−60,54 %	4,66 %
Debt-to-Equity Ratio	−0,27	−0,36	−0,34	−0
Operating Profit Margin	1,06 %	4,71 %	4,87 %	−0,73 %
Current Ratio	0,91	0,85	0,69	0,2
Quick Ratio	1,09	1,04	0,75	0,21
Equity Ratio	−0,13	−0,19	−0,57	−2,81
Gross Profit Margin	93,1 %	93,39 %	92,89 %	90,77 %