GREEN ELECTRONICS AS

4017 STAVANGER

Finances

Return on Equity

74,58 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	635 000	313 000	274 000	157 000
Net Income	44 000	−146 000	52 000	16 000
Total Assets	296 000	140 000	193 000	116 000
Total Equity	59 000	15 000	161 000	110 000

Income (NOK)	2022	2021	2020	2019
Revenue	635 000	313 000	274 000	157 000
Expenditure	542 000	461 000	208 000	136 000
Operating Profit	93 000	−147 000	66 000	21 000
Financial Income	0	2 000	0	0
Financial Costs	50 000	0	0	0
Financial Balance	−50 000	2 000	0	0
Earnings Before Tax	44 000	−146 000	66 000	21 000
Tax	0	0	15 000	5 000
Net Income	44 000	−146 000	52 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	50 000	50 000	50 000
Total Current Assets	296 000	90 000	143 000	66 000
Total Assets	296 000	140 000	193 000	116 000
Total Retained Equity	19 000	−25 000	121 000	70 000
Total Equity	59 000	15 000	161 000	110 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	237 000	125 000	32 000	6 000
Total Equity and Debt	296 000	140 000	193 000	116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	635 000	313 000	274 000	157 000
Other Income	0	0	0	0
Revenue	635 000	313 000	274 000	157 000
Cost of Goods Sold	11 000	22 000	30 000	45 000
Salary Costs	449 000	291 000	43 000	7 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	542 000	461 000	208 000	136 000
Operating Profit	93 000	−147 000	66 000	21 000
Financial Income	0	2 000	0	0
Financial Costs	50 000	0	0	0
Financial Balance	−50 000	2 000	0	0
Dividends	0	0	0	0
Net Income	44 000	−146 000	52 000	16 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	50 000	50 000	50 000
Total Fixed Assets	0	50 000	50 000	50 000
Stock	20 000	11 000	12 000	27 000
Total Investments	0	0	0	0
Cash, Bank	134 000	19 000	102 000	17 000
Total Current Assets	296 000	90 000	143 000	66 000
Total Assets	296 000	140 000	193 000	116 000
Total Equity	59 000	15 000	161 000	110 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	7 000	0	0
Unpaid Taxes	66 000	34 000	18 000	1 000
Dividends	0	0	0	0
Other Current Debt	169 000	84 000	0	0
Total Current Debt	237 000	125 000	32 000	6 000
Total Equity and Debt	296 000	140 000	193 000	116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,58 %	−973,33 %	32,3 %	14,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,65 %	−46,96 %	24,09 %	13,38 %
Current Ratio	1,25	0,72	4,47	11
Quick Ratio	1,36	0,79	7,15	−3,14
Equity Ratio	0,2	0,11	0,83	0,95
Gross Profit Margin	98,27 %	92,97 %	89,05 %	71,34 %