RIDER IN BALANCE AS

2256 GRUE FINNSKOG

Finances

Share Ownership

Return on Equity

−20,55 %

Current Ratio

14,17

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 683 000	1 983 000	367 000	255 000
Net Income	−360 000	−46 000	−185 000	−173 000
Total Assets	3 856 000	2 906 000	2 753 000	1 108 000
Total Equity	1 752 000	113 000	159 000	−156 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 683 000	1 983 000	367 000	255 000
Expenditure	2 780 000	2 029 000	553 000	417 000
Operating Profit	−378 000	−46 000	−185 000	−162 000
Financial Income	19 000	0	0	0
Financial Costs	1 000	1 000	0	11 000
Financial Balance	18 000	−1 000	0	−11 000
Earnings Before Tax	−360 000	−46 000	−185 000	−173 000
Tax	0	0	0	0
Net Income	−360 000	−46 000	−185 000	−173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 474 000	1 433 000	1 192 000	799 000
Total Current Assets	2 381 000	1 473 000	1 560 000	310 000
Total Assets	3 856 000	2 906 000	2 753 000	1 108 000
Total Retained Equity	−778 000	−417 000	−371 000	−186 000
Total Equity	1 752 000	113 000	159 000	−156 000
Total Long-Term Debt	1 935 000	2 224 000	2 560 000	1 217 000
Total Current Debt	168 000	569 000	34 000	48 000
Total Equity and Debt	3 856 000	2 906 000	2 753 000	1 108 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 391 000	1 647 000	47 000	255 000
Other Income	292 000	336 000	320 000	0
Revenue	2 683 000	1 983 000	367 000	255 000
Cost of Goods Sold	1 433 000	973 000	327 000	237 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 780 000	2 029 000	553 000	417 000
Operating Profit	−378 000	−46 000	−185 000	−162 000
Financial Income	19 000	0	0	0
Financial Costs	1 000	1 000	0	11 000
Financial Balance	18 000	−1 000	0	−11 000
Dividends	0	0	0	0
Net Income	−360 000	−46 000	−185 000	−173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 474 000	1 433 000	1 192 000	0
Real Eastate	0	0	0	799 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	799 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 474 000	1 433 000	1 192 000	799 000
Stock	518 000	697 000	56 000	0
Total Investments	0	0	0	0
Cash, Bank	1 793 000	674 000	1 418 000	281 000
Total Current Assets	2 381 000	1 473 000	1 560 000	310 000
Total Assets	3 856 000	2 906 000	2 753 000	1 108 000
Total Equity	1 752 000	113 000	159 000	−156 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 935 000	2 224 000	2 560 000	1 217 000
Creditors	168 000	680 000	24 000	0
Unpaid Taxes	0	−111 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	10 000	48 000
Total Current Debt	168 000	569 000	34 000	48 000
Total Equity and Debt	3 856 000	2 906 000	2 753 000	1 108 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,55 %	−40,71 %	−116,35 %	110,9 %
Debt-to-Equity Ratio	1,1	19,68	16,1	−7,8
Operating Profit Margin	−14,09 %	−2,32 %	−50,41 %	−63,53 %
Current Ratio	14,17	2,59	45,88	6,46
Quick Ratio	−6,8	−11,51	−70,91	6,46
Equity Ratio	0,45	0,04	0,06	−0,14
Gross Profit Margin	46,59 %	50,93 %	10,9 %	7,06 %