GREENMEC AS

7510 SKATVAL

Finances

Share Ownership

Return on Equity

68,05 %

Current Ratio

0,46

Debt-to-Equity Ratio

−0,76

Key figures (NOK)	2021	2020	2019	2018
Revenue	296 000	1 100 000	1 370 000	1 643 000
Net Income	−230 000	−18 000	−363 000	−5 000
Total Assets	308 000	481 000	667 000	1 052 000
Total Equity	−338 000	−119 000	−101 000	262 000

Income (NOK)	2021	2020	2019	2018
Revenue	296 000	1 100 000	1 370 000	1 643 000
Expenditure	492 000	1 055 000	1 673 000	1 575 000
Operating Profit	−196 000	45 000	−303 000	68 000
Financial Income	0	0	0	0
Financial Costs	34 000	75 000	60 000	40 000
Financial Balance	−34 000	−75 000	−60 000	−40 000
Earnings Before Tax	−230 000	−29 000	−363 000	28 000
Tax	0	−11 000	0	34 000
Net Income	−230 000	−18 000	−363 000	−5 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	130 000	93 000	290 000	634 000
Total Current Assets	178 000	388 000	377 000	418 000
Total Assets	308 000	481 000	667 000	1 052 000
Total Retained Equity	−374 000	−143 000	−126 000	237 000
Total Equity	−338 000	−119 000	−101 000	262 000
Total Long-Term Debt	258 000	258 000	362 000	597 000
Total Current Debt	388 000	342 000	406 000	194 000
Total Equity and Debt	308 000	481 000	667 000	1 052 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	296 000	1 092 000	1 370 000	1 141 000
Other Income	0	8 000	0	503 000
Revenue	296 000	1 100 000	1 370 000	1 643 000
Cost of Goods Sold	0	330 000	468 000	678 000
Salary Costs	0	58 000	113 000	45 000
Depreciation	57 000	157 000	299 000	320 000
Impairment	0	0	0	0
Expenditure	492 000	1 055 000	1 673 000	1 575 000
Operating Profit	−196 000	45 000	−303 000	68 000
Financial Income	0	0	0	0
Financial Costs	34 000	75 000	60 000	40 000
Financial Balance	−34 000	−75 000	−60 000	−40 000
Dividends	0	0	0	0
Net Income	−230 000	−18 000	−363 000	−5 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	14 000	0	54 000	225 000
Fixtures	116 000	93 000	223 000	371 000
Total Tangible Assets	130 000	93 000	277 000	596 000
Total Fiancial Fixed Assets	0	0	13 000	38 000
Total Fixed Assets	130 000	93 000	290 000	634 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−263 000	318 000	2 000	49 000
Total Current Assets	178 000	388 000	377 000	418 000
Total Assets	308 000	481 000	667 000	1 052 000
Total Equity	−338 000	−119 000	−101 000	262 000
Short-Term Group Debt	235 000	235 000	235 000	0
Total Long-Term Debt	258 000	258 000	362 000	597 000
Creditors	103 000	33 000	67 000	60 000
Unpaid Taxes	−6 000	7 000	60 000	76 000
Dividends	0	0	0	0
Other Current Debt	55 000	67 000	44 000	3 000
Total Current Debt	388 000	342 000	406 000	194 000
Total Equity and Debt	308 000	481 000	667 000	1 052 000

Financial indicators	2021	2020	2019	2018
Return on Equity	68,05 %	15,13 %	359,41 %	−1,91 %
Debt-to-Equity Ratio	−0,76	−2,17	−3,58	2,28
Operating Profit Margin	−66,22 %	4,09 %	−22,12 %	4,14 %
Current Ratio	0,46	1,13	0,93	2,15
Quick Ratio	0,46	1,13	0,93	2,15
Equity Ratio	−1,1	−0,25	−0,15	0,25
Gross Profit Margin	100 %	70 %	65,84 %	58,73 %