H2 GRILSTAD MARINA AS

7053 RANHEIM

Finances

Share Ownership

Return on Equity

232 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 599 000	4 198 000	3 420 000	3 449 000
Net Income	232 000	365 000	221 000	193 000
Total Assets	1 720 000	1 369 000	832 000	602 000
Total Equity	100 000	80 000	−46 000	−267 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 599 000	4 198 000	3 420 000	3 449 000
Expenditure	4 310 000	3 729 000	3 133 000	3 190 000
Operating Profit	289 000	469 000	286 000	259 000
Financial Income	12 000	1 000	0	0
Financial Costs	−1 000	2 000	2 000	11 000
Financial Balance	13 000	−1 000	−2 000	−11 000
Earnings Before Tax	302 000	468 000	284 000	248 000
Tax	70 000	103 000	63 000	55 000
Net Income	232 000	365 000	221 000	193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	5 000	44 000	112 000
Total Current Assets	1 720 000	1 364 000	788 000	490 000
Total Assets	1 720 000	1 369 000	832 000	602 000
Total Retained Equity	0	−20 000	−146 000	−367 000
Total Equity	100 000	80 000	−46 000	−267 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 620 000	1 289 000	878 000	869 000
Total Equity and Debt	1 720 000	1 369 000	832 000	602 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 599 000	4 198 000	3 420 000	3 447 000
Other Income	0	0	0	2 000
Revenue	4 599 000	4 198 000	3 420 000	3 449 000
Cost of Goods Sold	627 000	566 000	412 000	499 000
Salary Costs	2 682 000	2 293 000	2 019 000	2 050 000
Depreciation	4 000	5 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	4 310 000	3 729 000	3 133 000	3 190 000
Operating Profit	289 000	469 000	286 000	259 000
Financial Income	12 000	1 000	0	0
Financial Costs	−1 000	2 000	2 000	11 000
Financial Balance	13 000	−1 000	−2 000	−11 000
Dividends	0	0	0	0
Net Income	232 000	365 000	221 000	193 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	35 000	98 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	4 000	9 000	14 000
Total Tangible Assets	0	4 000	9 000	14 000
Total Fiancial Fixed Assets	1 000	1 000	0	0
Total Fixed Assets	1 000	5 000	44 000	112 000
Stock	142 000	221 000	200 000	170 000
Total Investments	0	0	0	0
Cash, Bank	1 467 000	1 065 000	507 000	245 000
Total Current Assets	1 720 000	1 364 000	788 000	490 000
Total Assets	1 720 000	1 369 000	832 000	602 000
Total Equity	100 000	80 000	−46 000	−267 000
Short-Term Group Debt	579 000	307 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	228 000	201 000	116 000	157 000
Unpaid Taxes	289 000	240 000	228 000	226 000
Dividends	0	0	0	0
Other Current Debt	515 000	541 000	534 000	486 000
Total Current Debt	1 620 000	1 289 000	878 000	869 000
Total Equity and Debt	1 720 000	1 369 000	832 000	602 000

Financial indicators	2022	2021	2020	2019
Return on Equity	232 %	456,25 %	−480,43 %	−72,28 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	6,28 %	11,17 %	8,36 %	7,51 %
Current Ratio	1,06	1,06	0,9	0,56
Quick Ratio	1,16	1,28	1,16	0,7
Equity Ratio	0,06	0,06	−0,06	−0,44
Gross Profit Margin	86,37 %	86,52 %	87,95 %	85,53 %