GRENLAND ASIAMAT AS

3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

−61,26 %

Current Ratio

2,3

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 422 000	7 032 000	7 289 000	4 710 000
Net Income	−517 000	378 000	324 000	484 000
Total Assets	1 621 000	2 001 000	1 525 000	1 054 000
Total Equity	844 000	1 361 000	983 000	659 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 422 000	7 032 000	7 289 000	4 710 000
Expenditure	6 929 000	6 534 000	6 855 000	4 084 000
Operating Profit	−507 000	499 000	433 000	626 000
Financial Income	0	0	0	0
Financial Costs	11 000	11 000	17 000	5 000
Financial Balance	−11 000	−11 000	−17 000	−5 000
Earnings Before Tax	−517 000	488 000	416 000	621 000
Tax	0	111 000	92 000	137 000
Net Income	−517 000	378 000	324 000	484 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	97 000	144 000	195 000	69 000
Total Current Assets	1 523 000	1 857 000	1 330 000	985 000
Total Assets	1 621 000	2 001 000	1 525 000	1 054 000
Total Retained Equity	814 000	1 331 000	953 000	629 000
Total Equity	844 000	1 361 000	983 000	659 000
Total Long-Term Debt	115 000	137 000	167 000	3 000
Total Current Debt	661 000	503 000	375 000	392 000
Total Equity and Debt	1 620 000	2 001 000	1 525 000	1 054 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 419 000	7 023 000	7 289 000	4 710 000
Other Income	3 000	9 000	0	0
Revenue	6 422 000	7 032 000	7 289 000	4 710 000
Cost of Goods Sold	4 375 000	4 870 000	5 845 000	3 186 000
Salary Costs	1 456 000	866 000	233 000	246 000
Depreciation	47 000	51 000	43 000	12 000
Impairment	0	0	0	0
Expenditure	6 929 000	6 534 000	6 855 000	4 084 000
Operating Profit	−507 000	499 000	433 000	626 000
Financial Income	0	0	0	0
Financial Costs	11 000	11 000	17 000	5 000
Financial Balance	−11 000	−11 000	−17 000	−5 000
Dividends	0	0	0	0
Net Income	−517 000	378 000	324 000	484 000

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	94 000	141 000	192 000	66 000
Total Tangible Assets	94 000	141 000	192 000	66 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	97 000	144 000	195 000	69 000
Stock	1 262 000	1 209 000	706 000	769 000
Total Investments	0	0	0	0
Cash, Bank	215 000	618 000	605 000	132 000
Total Current Assets	1 523 000	1 857 000	1 330 000	985 000
Total Assets	1 621 000	2 001 000	1 525 000	1 054 000
Total Equity	844 000	1 361 000	983 000	659 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	115 000	137 000	167 000	3 000
Creditors	336 000	145 000	139 000	103 000
Unpaid Taxes	65 000	133 000	−30 000	32 000
Dividends	0	0	0	0
Other Current Debt	260 000	110 000	176 000	101 000
Total Current Debt	661 000	503 000	375 000	392 000
Total Equity and Debt	1 620 000	2 001 000	1 525 000	1 054 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−61,26 %	27,77 %	32,96 %	73,44 %
Debt-to-Equity Ratio	0,14	0,1	0,17	0
Operating Profit Margin	−7,89 %	7,1 %	5,94 %	13,29 %
Current Ratio	2,3	3,69	3,55	2,51
Quick Ratio	−2,53	−2,63	−4,02	−2,61
Equity Ratio	0,52	0,68	0,64	0,63
Gross Profit Margin	31,87 %	30,75 %	19,81 %	32,36 %