GRAND AUTODESIGN AS

1481 HAGAN

Finances

Share Ownership

Return on Equity

175,36 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 487 000	2 426 000	2 420 000	2 214 000
Net Income	242 000	−13 000	−233 000	216 000
Total Assets	410 000	218 000	220 000	356 000
Total Equity	138 000	−103 000	−90 000	143 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 487 000	2 426 000	2 420 000	2 214 000
Expenditure	2 313 000	2 435 000	2 649 000	1 908 000
Operating Profit	174 000	−9 000	−229 000	305 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	3 000	17 000
Financial Balance	0	−4 000	−3 000	−17 000
Earnings Before Tax	174 000	−13 000	−233 000	288 000
Tax	−68 000	0	0	73 000
Net Income	242 000	−13 000	−233 000	216 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	47 000	53 000	55 000
Total Current Assets	393 000	172 000	167 000	301 000
Total Assets	410 000	218 000	220 000	356 000
Total Retained Equity	108 000	−133 000	−120 000	113 000
Total Equity	138 000	−103 000	−90 000	143 000
Total Long-Term Debt	0	68 000	68 000	68 000
Total Current Debt	272 000	254 000	242 000	145 000
Total Equity and Debt	410 000	218 000	220 000	356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 487 000	2 425 000	2 418 000	2 214 000
Other Income	0	1 000	2 000	0
Revenue	2 487 000	2 426 000	2 420 000	2 214 000
Cost of Goods Sold	1 018 000	845 000	1 031 000	1 044 000
Salary Costs	890 000	807 000	848 000	181 000
Depreciation	30 000	30 000	20 000	8 000
Impairment	0	0	0	0
Expenditure	2 313 000	2 435 000	2 649 000	1 908 000
Operating Profit	174 000	−9 000	−229 000	305 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	3 000	17 000
Financial Balance	0	−4 000	−3 000	−17 000
Dividends	0	0	0	0
Net Income	242 000	−13 000	−233 000	216 000

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	17 000	47 000	53 000	55 000
Total Tangible Assets	17 000	47 000	53 000	55 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 000	47 000	53 000	55 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	317 000	125 000	49 000	272 000
Total Current Assets	393 000	172 000	167 000	301 000
Total Assets	410 000	218 000	220 000	356 000
Total Equity	138 000	−103 000	−90 000	143 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	68 000	68 000	68 000
Creditors	82 000	82 000	97 000	37 000
Unpaid Taxes	118 000	124 000	81 000	50 000
Dividends	0	0	0	0
Other Current Debt	72 000	48 000	64 000	58 000
Total Current Debt	272 000	254 000	242 000	145 000
Total Equity and Debt	410 000	218 000	220 000	356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	175,36 %	12,62 %	258,89 %	151,05 %
Debt-to-Equity Ratio	0	−0,66	−0,76	0,48
Operating Profit Margin	7 %	−0,37 %	−9,46 %	13,78 %
Current Ratio	1,44	0,68	0,69	2,08
Quick Ratio	1,44	0,68	0,69	2,08
Equity Ratio	0,34	−0,47	−0,41	0,4
Gross Profit Margin	59,07 %	65,17 %	57,4 %	52,85 %