GRENMAR ELEKTRO AS

3970 LANGESUND

Finances

Share Ownership

Return on Equity

−77,11 %

Current Ratio

3,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	319 000	647 000	2 005 000
Net Income	−128 000	−160 000	11 000	234 000
Total Assets	196 000	359 000	609 000	783 000
Total Equity	166 000	293 000	453 000	442 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	319 000	647 000	2 005 000
Expenditure	164 000	523 000	633 000	1 705 000
Operating Profit	−164 000	−204 000	14 000	300 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−164 000	−205 000	14 000	300 000
Tax	−36 000	−45 000	3 000	66 000
Net Income	−128 000	−160 000	11 000	234 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	94 000	63 000	0	77 000
Total Current Assets	102 000	295 000	609 000	705 000
Total Assets	196 000	359 000	609 000	783 000
Total Retained Equity	136 000	263 000	423 000	412 000
Total Equity	166 000	293 000	453 000	442 000
Total Long-Term Debt	0	0	10 000	9 000
Total Current Debt	30 000	65 000	146 000	331 000
Total Equity and Debt	196 000	359 000	609 000	783 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	319 000	626 000	2 005 000
Other Income	0	0	21 000	0
Revenue	0	319 000	647 000	2 005 000
Cost of Goods Sold	0	5 000	138 000	528 000
Salary Costs	32 000	277 000	357 000	833 000
Depreciation	6 000	7 000	0	19 000
Impairment	0	0	0	0
Expenditure	164 000	523 000	633 000	1 705 000
Operating Profit	−164 000	−204 000	14 000	300 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−128 000	−160 000	11 000	234 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	71 000	35 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	28 000	0	77 000
Total Tangible Assets	23 000	28 000	0	77 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	94 000	63 000	0	77 000
Stock	3 000	3 000	3 000	5 000
Total Investments	0	0	0	0
Cash, Bank	95 000	287 000	561 000	510 000
Total Current Assets	102 000	295 000	609 000	705 000
Total Assets	196 000	359 000	609 000	783 000
Total Equity	166 000	293 000	453 000	442 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	10 000	9 000
Creditors	3 000	3 000	4 000	31 000
Unpaid Taxes	3 000	10 000	61 000	95 000
Dividends	0	0	0	0
Other Current Debt	24 000	52 000	78 000	137 000
Total Current Debt	30 000	65 000	146 000	331 000
Total Equity and Debt	196 000	359 000	609 000	783 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−77,11 %	−54,61 %	2,43 %	52,94 %
Debt-to-Equity Ratio	0	0	0,02	0,02
Operating Profit Margin	-	−63,95 %	2,16 %	14,96 %
Current Ratio	3,4	4,54	4,17	2,13
Quick Ratio	3,78	4,76	4,26	2,16
Equity Ratio	0,85	0,82	0,74	0,56
Gross Profit Margin	-	98,43 %	78,67 %	73,67 %