GREENSTAT ASA

5072 BERGEN

Finances

Return on Equity

−34,58 %

Current Ratio

3,06

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 682 000	11 384 000	6 572 000	1 276 000
Net Income	−62 684 000	−41 439 000	−19 398 000	−6 538 000
Total Assets	258 341 000	236 732 000	52 991 000	13 075 000
Total Equity	181 263 000	220 440 000	48 310 000	12 347 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 682 000	11 384 000	6 572 000	1 276 000
Expenditure	100 571 000	45 527 000	25 301 000	7 649 000
Operating Profit	−54 888 000	−34 143 000	−18 730 000	−6 373 000
Financial Income	−4 937 000	1 703 000	−563 000	39 000
Financial Costs	2 894 000	8 999 000	105 000	204 000
Financial Balance	−7 831 000	−7 296 000	−668 000	−165 000
Earnings Before Tax	−62 718 000	−41 439 000	−19 398 000	−6 538 000
Tax	−34 000	0	0	0
Net Income	−62 684 000	−41 439 000	−19 398 000	−6 538 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	160 458 000	53 150 000	8 777 000	2 619 000
Total Current Assets	97 884 000	183 582 000	44 214 000	10 456 000
Total Assets	258 341 000	236 732 000	52 991 000	13 075 000
Total Retained Equity	109 787 000	155 779 000	−2 123 000	−18 295 000
Total Equity	181 263 000	220 440 000	48 310 000	12 347 000
Total Long-Term Debt	45 068 000	16 292 000	380 000	0
Total Current Debt	32 010 000	0	4 302 000	728 000
Total Equity and Debt	258 341 000	236 732 000	52 991 000	13 075 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 608 000	10 771 000	6 572 000	1 276 000
Other Income	1 074 000	613 000	0	0
Revenue	45 682 000	11 384 000	6 572 000	1 276 000
Cost of Goods Sold	25 355 000	3 313 000	970 000	179 000
Salary Costs	43 551 000	26 027 000	17 928 000	3 514 000
Depreciation	0	0	162 000	45 000
Impairment	6 333 000	885 000	0	0
Expenditure	100 571 000	45 527 000	25 301 000	7 649 000
Operating Profit	−54 888 000	−34 143 000	−18 730 000	−6 373 000
Financial Income	−4 937 000	1 703 000	−563 000	39 000
Financial Costs	2 894 000	8 999 000	105 000	204 000
Financial Balance	−7 831 000	−7 296 000	−668 000	−165 000
Dividends	0	0	0	0
Net Income	−62 684 000	−41 439 000	−19 398 000	−6 538 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 941 000	7 524 000	277 000	85 000
Real Eastate	24 701 000	7 403 000	0	0
Machinery and Plant Facilities	7 187 000	1 983 000	0	0
Fixtures	2 080 000	0	600 000	0
Total Tangible Assets	33 967 000	9 386 000	600 000	0
Total Fiancial Fixed Assets	92 550 000	36 240 000	7 900 000	2 534 000
Total Fixed Assets	160 458 000	53 150 000	8 777 000	2 619 000
Stock	12 113 000	0	323 000	0
Total Investments	0	0	0	0
Cash, Bank	73 387 000	173 055 000	41 379 000	9 168 000
Total Current Assets	97 884 000	183 582 000	44 214 000	10 456 000
Total Assets	258 341 000	236 732 000	52 991 000	13 075 000
Total Equity	181 263 000	220 440 000	48 310 000	12 347 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 068 000	16 292 000	380 000	0
Creditors	14 238 000	0	816 000	168 000
Unpaid Taxes	0	0	2 009 000	228 000
Dividends	0	0	0	0
Other Current Debt	17 772 000	0	1 477 000	332 000
Total Current Debt	32 010 000	0	4 302 000	728 000
Total Equity and Debt	258 341 000	236 732 000	52 991 000	13 075 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,58 %	−18,8 %	−40,15 %	−52,95 %
Debt-to-Equity Ratio	0,25	0,07	0,01	0
Operating Profit Margin	−120,15 %	−299,92 %	−285 %	−499,45 %
Current Ratio	3,06	-	10,28	14,36
Quick Ratio	4,92	-	11,11	14,36
Equity Ratio	0,7	0,93	0,91	0,94
Gross Profit Margin	44,5 %	70,9 %	85,24 %	85,97 %