GREY AREA AS

9803 VADSØ

Finances

Return on Equity

−4,78 %

Current Ratio

3,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 857 000	3 519 000	3 492 000	1 796 000
Net Income	−71 000	675 000	614 000	300 000
Total Assets	2 034 000	2 008 000	1 400 000	760 000
Total Equity	1 486 000	1 557 000	882 000	268 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 857 000	3 519 000	3 492 000	1 796 000
Expenditure	4 924 000	2 817 000	2 690 000	1 437 000
Operating Profit	−68 000	702 000	802 000	359 000
Financial Income	6 000	0	1 000	0
Financial Costs	10 000	11 000	95 000	0
Financial Balance	−4 000	−11 000	−94 000	0
Earnings Before Tax	−72 000	691 000	708 000	359 000
Tax	0	16 000	94 000	59 000
Net Income	−71 000	675 000	614 000	300 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	72 000	102 000	45 000
Total Current Assets	1 994 000	1 936 000	1 298 000	715 000
Total Assets	2 034 000	2 008 000	1 400 000	760 000
Total Retained Equity	1 452 000	1 524 000	849 000	235 000
Total Equity	1 486 000	1 557 000	882 000	268 000
Total Long-Term Debt	0	0	1 000	22 000
Total Current Debt	549 000	451 000	517 000	470 000
Total Equity and Debt	2 034 000	2 008 000	1 400 000	760 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 857 000	3 519 000	3 492 000	1 796 000
Other Income	0	0	0	0
Revenue	4 857 000	3 519 000	3 492 000	1 796 000
Cost of Goods Sold	85 000	75 000	48 000	0
Salary Costs	2 694 000	1 352 000	1 598 000	1 062 000
Depreciation	32 000	32 000	19 000	1 000
Impairment	0	0	0	0
Expenditure	4 924 000	2 817 000	2 690 000	1 437 000
Operating Profit	−68 000	702 000	802 000	359 000
Financial Income	6 000	0	1 000	0
Financial Costs	10 000	11 000	95 000	0
Financial Balance	−4 000	−11 000	−94 000	0
Dividends	0	0	0	0
Net Income	−71 000	675 000	614 000	300 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	2 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	23 000	55 000	87 000	30 000
Total Tangible Assets	23 000	55 000	87 000	30 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	40 000	72 000	102 000	45 000
Stock	1 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 503 000	1 206 000	731 000	464 000
Total Current Assets	1 994 000	1 936 000	1 298 000	715 000
Total Assets	2 034 000	2 008 000	1 400 000	760 000
Total Equity	1 486 000	1 557 000	882 000	268 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	22 000
Creditors	28 000	18 000	13 000	0
Unpaid Taxes	85 000	230 000	203 000	326 000
Dividends	0	0	0	0
Other Current Debt	435 000	183 000	208 000	84 000
Total Current Debt	549 000	451 000	517 000	470 000
Total Equity and Debt	2 034 000	2 008 000	1 400 000	760 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,78 %	43,35 %	69,61 %	111,94 %
Debt-to-Equity Ratio	0	0	0	0,08
Operating Profit Margin	−1,4 %	19,95 %	22,97 %	19,99 %
Current Ratio	3,63	4,29	2,51	1,52
Quick Ratio	3,64	4,29	2,51	1,52
Equity Ratio	0,73	0,78	0,63	0,35
Gross Profit Margin	98,25 %	97,87 %	98,63 %	100 %