GRENLAND CROSSFIT AS

3712 SKIEN

Finances

Share Ownership

Return on Equity

−7,72 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 099 000	2 874 000	2 905 000	2 841 000
Net Income	−20 000	55 000	134 000	187 000
Total Assets	755 000	953 000	647 000	853 000
Total Equity	259 000	279 000	224 000	390 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 099 000	2 874 000	2 905 000	2 841 000
Expenditure	3 079 000	2 790 000	2 725 000	2 588 000
Operating Profit	20 000	84 000	179 000	252 000
Financial Income	3 000	1 000	4 000	4 000
Financial Costs	14 000	15 000	12 000	16 000
Financial Balance	−11 000	−14 000	−8 000	−12 000
Earnings Before Tax	9 000	70 000	172 000	240 000
Tax	29 000	15 000	38 000	53 000
Net Income	−20 000	55 000	134 000	187 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	241 000	292 000	131 000	121 000
Total Current Assets	514 000	661 000	515 000	732 000
Total Assets	755 000	953 000	647 000	853 000
Total Retained Equity	229 000	249 000	194 000	60 000
Total Equity	259 000	279 000	224 000	390 000
Total Long-Term Debt	170 000	290 000	171 000	281 000
Total Current Debt	326 000	384 000	251 000	182 000
Total Equity and Debt	755 000	953 000	647 000	853 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 099 000	2 699 000	2 839 000	2 738 000
Other Income	0	175 000	65 000	103 000
Revenue	3 099 000	2 874 000	2 905 000	2 841 000
Cost of Goods Sold	123 000	136 000	118 000	109 000
Salary Costs	1 312 000	1 113 000	1 058 000	964 000
Depreciation	104 000	89 000	47 000	55 000
Impairment	0	0	0	0
Expenditure	3 079 000	2 790 000	2 725 000	2 588 000
Operating Profit	20 000	84 000	179 000	252 000
Financial Income	3 000	1 000	4 000	4 000
Financial Costs	14 000	15 000	12 000	16 000
Financial Balance	−11 000	−14 000	−8 000	−12 000
Dividends	0	0	0	0
Net Income	−20 000	55 000	134 000	187 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	6 000	5 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	241 000	286 000	126 000	117 000
Total Tangible Assets	241 000	286 000	126 000	117 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	241 000	292 000	131 000	121 000
Stock	2 000	2 000	5 000	5 000
Total Investments	0	0	0	0
Cash, Bank	474 000	616 000	468 000	717 000
Total Current Assets	514 000	661 000	515 000	732 000
Total Assets	755 000	953 000	647 000	853 000
Total Equity	259 000	279 000	224 000	390 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	170 000	290 000	171 000	281 000
Creditors	36 000	20 000	22 000	9 000
Unpaid Taxes	115 000	115 000	81 000	49 000
Dividends	0	0	0	0
Other Current Debt	153 000	233 000	109 000	98 000
Total Current Debt	326 000	384 000	251 000	182 000
Total Equity and Debt	755 000	953 000	647 000	853 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,72 %	19,71 %	59,82 %	47,95 %
Debt-to-Equity Ratio	0,66	1,04	0,76	0,72
Operating Profit Margin	0,65 %	2,92 %	6,16 %	8,87 %
Current Ratio	1,58	1,72	2,05	4,02
Quick Ratio	1,59	1,73	2,09	4,14
Equity Ratio	0,34	0,29	0,35	0,46
Gross Profit Margin	96,03 %	95,27 %	95,94 %	96,16 %