GROWLAB OSLO AS

6413 MOLDE

Finances

Share Ownership

Return on Equity

−314,94 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	764 000	1 008 000	1 266 000	1 525 000
Net Income	−274 000	35 000	170 000	−54 000
Total Assets	208 000	532 000	643 000	328 000
Total Equity	87 000	360 000	325 000	149 000

Income (NOK)	2022	2021	2020	2019
Revenue	764 000	1 008 000	1 266 000	1 525 000
Expenditure	1 038 000	958 000	1 050 000	1 578 000
Operating Profit	−273 000	50 000	216 000	−54 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−274 000	50 000	216 000	−54 000
Tax	0	15 000	45 000	0
Net Income	−274 000	35 000	170 000	−54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	19 000	26 000	33 000
Total Current Assets	196 000	513 000	618 000	296 000
Total Assets	208 000	532 000	643 000	328 000
Total Retained Equity	57 000	330 000	295 000	125 000
Total Equity	87 000	360 000	325 000	149 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	121 000	171 000	318 000	179 000
Total Equity and Debt	208 000	532 000	643 000	328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	814 000	859 000	1 120 000	835 000
Other Income	−50 000	149 000	146 000	690 000
Revenue	764 000	1 008 000	1 266 000	1 525 000
Cost of Goods Sold	192 000	316 000	356 000	613 000
Salary Costs	610 000	452 000	392 000	627 000
Depreciation	7 000	7 000	7 000	2 000
Impairment	0	0	0	0
Expenditure	1 038 000	958 000	1 050 000	1 578 000
Operating Profit	−273 000	50 000	216 000	−54 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−274 000	35 000	170 000	−54 000

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	0
Fixtures	12 000	19 000	26 000	33 000
Total Tangible Assets	12 000	19 000	26 000	33 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	19 000	26 000	33 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	410 000	255 000	148 000
Total Current Assets	196 000	513 000	618 000	296 000
Total Assets	208 000	532 000	643 000	328 000
Total Equity	87 000	360 000	325 000	149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	59 000	190 000	60 000
Unpaid Taxes	39 000	56 000	51 000	61 000
Dividends	0	0	0	0
Other Current Debt	62 000	53 000	31 000	58 000
Total Current Debt	121 000	171 000	318 000	179 000
Total Equity and Debt	208 000	532 000	643 000	328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−314,94 %	9,72 %	52,31 %	−36,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−35,73 %	4,96 %	17,06 %	−3,54 %
Current Ratio	1,62	3	1,94	1,65
Quick Ratio	1,62	3	1,94	1,65
Equity Ratio	0,42	0,68	0,51	0,45
Gross Profit Margin	74,87 %	68,65 %	71,88 %	59,8 %