GRAVASSRYGGEN AS

4374 EGERSUND

Finances

Share Ownership

Return on Equity

798,09 %

Current Ratio

5,7

Debt-to-Equity Ratio

−86,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 075 000	11 215 000	15 739 000	10 849 000
Net Income	−1 253 000	−399 000	474 000	302 000
Total Assets	16 158 000	18 099 000	22 182 000	21 305 000
Total Equity	−157 000	1 096 000	1 495 000	1 021 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 075 000	11 215 000	15 739 000	10 849 000
Expenditure	14 618 000	11 868 000	14 070 000	11 392 000
Operating Profit	−1 609 000	−500 000	667 000	386 000
Financial Income	0	0	0	0
Financial Costs	−2 000	11 000	59 000	−2 000
Financial Balance	2 000	−11 000	−59 000	2 000
Earnings Before Tax	−1 607 000	−511 000	608 000	388 000
Tax	−353 000	−112 000	134 000	85 000
Net Income	−1 253 000	−399 000	474 000	302 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	243 000	0	13 000	26 000
Total Current Assets	15 915 000	18 099 000	22 169 000	21 279 000
Total Assets	16 158 000	18 099 000	22 182 000	21 305 000
Total Retained Equity	−258 000	995 000	1 394 000	920 000
Total Equity	−157 000	1 096 000	1 495 000	1 021 000
Total Long-Term Debt	13 522 000	15 014 000	19 266 000	18 086 000
Total Current Debt	2 793 000	1 989 000	1 421 000	2 199 000
Total Equity and Debt	16 158 000	18 099 000	22 182 000	21 305 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 075 000	11 215 000	15 739 000	10 849 000
Other Income	0	0	0	0
Revenue	17 075 000	11 215 000	15 739 000	10 849 000
Cost of Goods Sold	14 550 000	11 735 000	13 982 000	11 275 000
Salary Costs	0	103 000	0	0
Depreciation	0	13 000	13 000	13 000
Impairment	0	0	0	0
Expenditure	14 618 000	11 868 000	14 070 000	11 392 000
Operating Profit	−1 609 000	−500 000	667 000	386 000
Financial Income	0	0	0	0
Financial Costs	−2 000	11 000	59 000	−2 000
Financial Balance	2 000	−11 000	−59 000	2 000
Dividends	0	0	0	0
Net Income	−1 253 000	−399 000	474 000	302 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	243 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	13 000	26 000
Total Tangible Assets	0	0	13 000	26 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	243 000	0	13 000	26 000
Stock	11 717 000	16 163 000	16 200 000	17 487 000
Total Investments	0	0	0	0
Cash, Bank	825 000	124 000	169 000	556 000
Total Current Assets	15 915 000	18 099 000	22 169 000	21 279 000
Total Assets	16 158 000	18 099 000	22 182 000	21 305 000
Total Equity	−157 000	1 096 000	1 495 000	1 021 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 522 000	15 014 000	19 266 000	18 086 000
Creditors	2 641 000	816 000	768 000	808 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	152 000	1 173 000	566 000	1 353 000
Total Current Debt	2 793 000	1 989 000	1 421 000	2 199 000
Total Equity and Debt	16 158 000	18 099 000	22 182 000	21 305 000

Financial indicators	2022	2021	2020	2019
Return on Equity	798,09 %	−36,41 %	31,71 %	29,58 %
Debt-to-Equity Ratio	−86,13	13,7	12,89	17,71
Operating Profit Margin	−9,42 %	−4,46 %	4,24 %	3,56 %
Current Ratio	5,7	9,1	15,6	9,68
Quick Ratio	−1,78	−1,28	−1,5	−1,39
Equity Ratio	−0,01	0,06	0,07	0,05
Gross Profit Margin	14,79 %	−4,64 %	11,16 %	−3,93 %