GRIDGUARD AS

2211 KONGSVINGER

Finances

Share Ownership

Return on Equity

−8,55 %

Current Ratio

5,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	206 000	30 000	192 000	0
Net Income	−185 000	−651 000	−264 000	−48 000
Total Assets	2 471 000	2 341 000	31 000	244 000
Total Equity	2 163 000	1 786 000	−21 000	244 000

Income (NOK)	2022	2021	2020	2019
Revenue	206 000	30 000	192 000	0
Expenditure	380 000	679 000	449 000	48 000
Operating Profit	−174 000	−650 000	−258 000	−47 000
Financial Income	1 000	0	0	0
Financial Costs	13 000	1 000	7 000	0
Financial Balance	−12 000	−1 000	−7 000	0
Earnings Before Tax	−185 000	−651 000	−264 000	−48 000
Tax	0	0	0	0
Net Income	−185 000	−651 000	−264 000	−48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	916 000	0	0	0
Total Current Assets	1 555 000	2 341 000	31 000	244 000
Total Assets	2 471 000	2 341 000	31 000	244 000
Total Retained Equity	1 251 000	1 436 000	−371 000	−106 000
Total Equity	2 163 000	1 786 000	−21 000	244 000
Total Long-Term Debt	0	100 000	0	0
Total Current Debt	308 000	455 000	52 000	0
Total Equity and Debt	2 471 000	2 341 000	31 000	244 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	192 000	0
Other Income	206 000	30 000	0	0
Revenue	206 000	30 000	192 000	0
Cost of Goods Sold	0	522 000	428 000	43 000
Salary Costs	99 000	115 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	380 000	679 000	449 000	48 000
Operating Profit	−174 000	−650 000	−258 000	−47 000
Financial Income	1 000	0	0	0
Financial Costs	13 000	1 000	7 000	0
Financial Balance	−12 000	−1 000	−7 000	0
Dividends	0	0	0	0
Net Income	−185 000	−651 000	−264 000	−48 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	545 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	350 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	350 000	0	0	0
Total Fiancial Fixed Assets	21 000	0	0	0
Total Fixed Assets	916 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	87 000	2 341 000	31 000	244 000
Total Current Assets	1 555 000	2 341 000	31 000	244 000
Total Assets	2 471 000	2 341 000	31 000	244 000
Total Equity	2 163 000	1 786 000	−21 000	244 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	100 000	0	0
Creditors	247 000	387 000	52 000	0
Unpaid Taxes	27 000	57 000	0	0
Dividends	0	0	0	0
Other Current Debt	34 000	11 000	0	0
Total Current Debt	308 000	455 000	52 000	0
Total Equity and Debt	2 471 000	2 341 000	31 000	244 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,55 %	−36,45 %	1 257,14 %	−19,67 %
Debt-to-Equity Ratio	0	0,06	−0	0
Operating Profit Margin	−84,47 %	−2 166,67 %	−134,38 %	-
Current Ratio	5,05	5,15	0,6	-
Quick Ratio	5,05	5,15	0,6	-
Equity Ratio	0,88	0,76	−0,68	1
Gross Profit Margin	100 %	−1 640 %	−122,92 %	-