GRENSEN SKO FORNEBU AS

1364 FORNEBU

Finances

Return on Equity

18,41 %

Current Ratio

0,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 420 000	10 216 000	8 226 000	9 394 000
Net Income	79 000	931 000	−348 000	−489 000
Total Assets	6 536 000	7 351 000	6 340 000	6 096 000
Total Equity	429 000	1 350 000	419 000	393 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 420 000	10 216 000	8 226 000	9 394 000
Expenditure	9 121 000	8 875 000	8 525 000	9 850 000
Operating Profit	299 000	1 342 000	−299 000	−455 000
Financial Income	0	0	0	15 000
Financial Costs	198 000	148 000	148 000	190 000
Financial Balance	−198 000	−148 000	−148 000	−175 000
Earnings Before Tax	101 000	1 194 000	−447 000	−631 000
Tax	22 000	263 000	−98 000	−142 000
Net Income	79 000	931 000	−348 000	−489 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 003 000	596 000	587 000	517 000
Total Current Assets	5 533 000	6 754 000	5 753 000	5 579 000
Total Assets	6 536 000	7 351 000	6 340 000	6 096 000
Total Retained Equity	329 000	1 250 000	319 000	293 000
Total Equity	429 000	1 350 000	419 000	393 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 107 000	6 001 000	5 921 000	5 703 000
Total Equity and Debt	6 536 000	7 351 000	6 340 000	6 096 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 420 000	10 206 000	8 189 000	9 394 000
Other Income	0	10 000	37 000	0
Revenue	9 420 000	10 216 000	8 226 000	9 394 000
Cost of Goods Sold	4 379 000	5 186 000	4 324 000	4 925 000
Salary Costs	1 878 000	1 768 000	1 933 000	2 144 000
Depreciation	0	0	0	308 000
Impairment	0	0	0	0
Expenditure	9 121 000	8 875 000	8 525 000	9 850 000
Operating Profit	299 000	1 342 000	−299 000	−455 000
Financial Income	0	0	0	15 000
Financial Costs	198 000	148 000	148 000	190 000
Financial Balance	−198 000	−148 000	−148 000	−175 000
Dividends	1 000 000	0	0	0
Net Income	79 000	931 000	−348 000	−489 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	74 000	95 000	86 000	93 000
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	929 000	501 000	501 000	424 000
Total Fixed Assets	1 003 000	596 000	587 000	517 000
Stock	5 282 000	4 967 000	4 470 000	4 852 000
Total Investments	0	0	0	0
Cash, Bank	47 000	63 000	71 000	57 000
Total Current Assets	5 533 000	6 754 000	5 753 000	5 579 000
Total Assets	6 536 000	7 351 000	6 340 000	6 096 000
Total Equity	429 000	1 350 000	419 000	393 000
Short-Term Group Debt	4 712 000	4 405 000	4 971 000	4 797 000
Total Long-Term Debt	0	0	0	0
Creditors	322 000	188 000	205 000	218 000
Unpaid Taxes	521 000	813 000	445 000	428 000
Dividends	1 000 000	0	0	0
Other Current Debt	550 000	322 000	300 000	259 000
Total Current Debt	6 107 000	6 001 000	5 921 000	5 703 000
Total Equity and Debt	6 536 000	7 351 000	6 340 000	6 096 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,41 %	68,96 %	−83,05 %	−124,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,17 %	13,14 %	−3,63 %	−4,84 %
Current Ratio	0,91	1,13	0,97	0,98
Quick Ratio	6,71	6,53	3,96	6,56
Equity Ratio	0,07	0,18	0,07	0,06
Gross Profit Margin	53,51 %	49,24 %	47,43 %	47,57 %