GRACE & BLESSING AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

168,67 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	533 000	483 000	2 200 000	2 696 000
Net Income	140 000	77 000	−3 000	235 000
Total Assets	281 000	255 000	451 000	431 000
Total Equity	83 000	−57 000	−133 000	−130 000

Income (NOK)	2022	2021	2020	2019
Revenue	533 000	483 000	2 200 000	2 696 000
Expenditure	357 000	344 000	1 965 000	2 452 000
Operating Profit	175 000	140 000	35 000	240 000
Financial Income	0	0	3 000	1 000
Financial Costs	35 000	63 000	41 000	6 000
Financial Balance	−35 000	−63 000	−38 000	−5 000
Earnings Before Tax	140 000	77 000	−3 000	235 000
Tax	0	0	0	0
Net Income	140 000	77 000	−3 000	235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	56 000
Total Current Assets	281 000	255 000	451 000	375 000
Total Assets	281 000	255 000	451 000	431 000
Total Retained Equity	53 000	−87 000	−163 000	−160 000
Total Equity	83 000	−57 000	−133 000	−130 000
Total Long-Term Debt	0	10 000	10 000	100 000
Total Current Debt	198 000	301 000	574 000	461 000
Total Equity and Debt	281 000	255 000	451 000	431 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	533 000	483 000	1 761 000	2 158 000
Other Income	0	0	439 000	538 000
Revenue	533 000	483 000	2 200 000	2 696 000
Cost of Goods Sold	0	10 000	1 327 000	1 651 000
Salary Costs	220 000	235 000	438 000	332 000
Depreciation	0	0	0	14 000
Impairment	0	0	0	0
Expenditure	357 000	344 000	1 965 000	2 452 000
Operating Profit	175 000	140 000	35 000	240 000
Financial Income	0	0	3 000	1 000
Financial Costs	35 000	63 000	41 000	6 000
Financial Balance	−35 000	−63 000	−38 000	−5 000
Dividends	0	0	0	0
Net Income	140 000	77 000	−3 000	235 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	15 000
Fixtures	0	0	0	41 000
Total Tangible Assets	0	0	0	56 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	56 000
Stock	0	0	0	200 000
Total Investments	0	0	0	0
Cash, Bank	6 000	0	44 000	69 000
Total Current Assets	281 000	255 000	451 000	375 000
Total Assets	281 000	255 000	451 000	431 000
Total Equity	83 000	−57 000	−133 000	−130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	10 000	10 000	100 000
Creditors	31 000	35 000	37 000	240 000
Unpaid Taxes	49 000	42 000	122 000	51 000
Dividends	0	0	0	0
Other Current Debt	18 000	39 000	120 000	170 000
Total Current Debt	198 000	301 000	574 000	461 000
Total Equity and Debt	281 000	255 000	451 000	431 000

Financial indicators	2022	2021	2020	2019
Return on Equity	168,67 %	−135,09 %	2,26 %	−180,77 %
Debt-to-Equity Ratio	0	−0,18	−0,08	−0,77
Operating Profit Margin	32,83 %	28,99 %	1,59 %	8,9 %
Current Ratio	1,42	0,85	0,79	0,81
Quick Ratio	1,42	0,85	0,79	1,44
Equity Ratio	0,3	−0,22	−0,29	−0,3
Gross Profit Margin	100 %	97,93 %	39,68 %	38,76 %