GREAT MIND INVESTMENT AS

3414 LIERSTRANDA

Finances

Return on Equity

245,24 %

Current Ratio

0,77

Debt-to-Equity Ratio

2,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 079 000	4 088 000	606 000	168 000
Net Income	309 000	1 306 000	256 000	37 000
Total Assets	1 681 000	1 925 000	473 000	38 000
Total Equity	126 000	447 000	−109 000	−365 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 079 000	4 088 000	606 000	168 000
Expenditure	2 682 000	2 462 000	350 000	131 000
Operating Profit	396 000	1 626 000	256 000	37 000
Financial Income	2 000	1 000	0	0
Financial Costs	4 000	2 000	0	0
Financial Balance	−2 000	−1 000	0	0
Earnings Before Tax	394 000	1 625 000	256 000	37 000
Tax	84 000	319 000	0	0
Net Income	309 000	1 306 000	256 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	754 000	760 000	15 000	22 000
Total Current Assets	927 000	1 165 000	458 000	17 000
Total Assets	1 681 000	1 925 000	473 000	38 000
Total Retained Equity	89 000	410 000	−146 000	−402 000
Total Equity	126 000	447 000	−109 000	−365 000
Total Long-Term Debt	350 000	0	9 000	0
Total Current Debt	1 205 000	1 479 000	574 000	404 000
Total Equity and Debt	1 681 000	1 925 000	473 000	38 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 079 000	4 088 000	606 000	168 000
Other Income	0	0	0	0
Revenue	3 079 000	4 088 000	606 000	168 000
Cost of Goods Sold	171 000	1 098 000	0	0
Salary Costs	865 000	651 000	0	0
Depreciation	187 000	71 000	7 000	13 000
Impairment	0	0	0	0
Expenditure	2 682 000	2 462 000	350 000	131 000
Operating Profit	396 000	1 626 000	256 000	37 000
Financial Income	2 000	1 000	0	0
Financial Costs	4 000	2 000	0	0
Financial Balance	−2 000	−1 000	0	0
Dividends	630 000	750 000	0	0
Net Income	309 000	1 306 000	256 000	37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	752 000	760 000	15 000	22 000
Total Tangible Assets	752 000	760 000	15 000	22 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	754 000	760 000	15 000	22 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	37 000	299 000	458 000	15 000
Total Current Assets	927 000	1 165 000	458 000	17 000
Total Assets	1 681 000	1 925 000	473 000	38 000
Total Equity	126 000	447 000	−109 000	−365 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	350 000	0	9 000	0
Creditors	0	25 000	121 000	71 000
Unpaid Taxes	43 000	104 000	10 000	10 000
Dividends	630 000	750 000	0	0
Other Current Debt	756 000	1 030 000	443 000	322 000
Total Current Debt	1 205 000	1 479 000	574 000	404 000
Total Equity and Debt	1 681 000	1 925 000	473 000	38 000

Financial indicators	2022	2021	2020	2019
Return on Equity	245,24 %	292,17 %	−234,86 %	−10,14 %
Debt-to-Equity Ratio	2,78	0	−0,08	−0
Operating Profit Margin	12,86 %	39,77 %	42,24 %	22,02 %
Current Ratio	0,77	0,79	0,8	0,04
Quick Ratio	0,77	0,79	0,8	0,04
Equity Ratio	0,07	0,23	−0,23	−9,61
Gross Profit Margin	94,45 %	73,14 %	100 %	100 %