GRADE GROUP AS

0172 OSLO

Finances

Return on Equity

139,16 %

Current Ratio

0,04

Debt-to-Equity Ratio

−0,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	5 241 000	79 000	5 705 000
Net Income	−20 769 000	1 982 000	−1 740 000	−466 000
Total Assets	1 445 000	18 366 000	9 812 000	11 616 000
Total Equity	−14 925 000	15 232 000	5 882 000	4 241 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	5 241 000	79 000	5 705 000
Expenditure	14 469 000	2 658 000	1 812 000	6 723 000
Operating Profit	−14 470 000	2 584 000	−1 733 000	−1 018 000
Financial Income	33 000	15 000	10 000	4 000
Financial Costs	6 332 000	58 000	0	0
Financial Balance	−6 299 000	−43 000	10 000	4 000
Earnings Before Tax	−20 769 000	2 541 000	−1 723 000	−1 014 000
Tax	0	559 000	16 000	−548 000
Net Income	−20 769 000	1 982 000	−1 740 000	−466 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 337 000	10 647 000	9 351 000	6 015 000
Total Current Assets	108 000	7 719 000	462 000	5 601 000
Total Assets	1 445 000	18 366 000	9 812 000	11 616 000
Total Retained Equity	−15 743 000	0	0	0
Total Equity	−14 925 000	15 232 000	5 882 000	4 241 000
Total Long-Term Debt	13 784 000	0	0	0
Total Current Debt	2 586 000	3 134 000	3 930 000	7 375 000
Total Equity and Debt	1 445 000	18 366 000	9 812 000	11 616 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	242 000	79 000	5 705 000
Other Income	0	4 999 000	0	0
Revenue	0	5 241 000	79 000	5 705 000
Cost of Goods Sold	0	243 000	0	0
Salary Costs	0	0	29 000	0
Depreciation	779 000	768 000	372 000	372 000
Impairment	4 162 000	0	607 000	3 723 000
Expenditure	14 469 000	2 658 000	1 812 000	6 723 000
Operating Profit	−14 470 000	2 584 000	−1 733 000	−1 018 000
Financial Income	33 000	15 000	10 000	4 000
Financial Costs	6 332 000	58 000	0	0
Financial Balance	−6 299 000	−43 000	10 000	4 000
Dividends	0	0	0	0
Net Income	−20 769 000	1 982 000	−1 740 000	−466 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 337 000	6 246 000	7 146 000	3 614 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	1 382 000	1 579 000	1 776 000
Fixtures	0	0	0	0
Total Tangible Assets	0	1 382 000	1 579 000	1 776 000
Total Fiancial Fixed Assets	0	3 019 000	625 000	624 000
Total Fixed Assets	1 337 000	10 647 000	9 351 000	6 015 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	1 188 000	213 000	92 000
Total Current Assets	108 000	7 719 000	462 000	5 601 000
Total Assets	1 445 000	18 366 000	9 812 000	11 616 000
Total Equity	−14 925 000	15 232 000	5 882 000	4 241 000
Short-Term Group Debt	0	0	0	1 255 000
Total Long-Term Debt	13 784 000	0	0	0
Creditors	887 000	294 000	1 055 000	3 191 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 698 000	240 000	2 875 000	2 928 000
Total Current Debt	2 586 000	3 134 000	3 930 000	7 375 000
Total Equity and Debt	1 445 000	18 366 000	9 812 000	11 616 000

Financial indicators	2022	2021	2020	2019
Return on Equity	139,16 %	13,01 %	−29,58 %	−10,99 %
Debt-to-Equity Ratio	−0,92	0	0	0
Operating Profit Margin	-	49,3 %	−2 193,67 %	−17,84 %
Current Ratio	0,04	2,46	0,12	0,76
Quick Ratio	0,04	2,46	0,12	0,76
Equity Ratio	−10,33	0,83	0,6	0,37
Gross Profit Margin	-	95,36 %	100 %	100 %