GRINDVIKAS GNIKKEBU AS

6260 SKODJE

Finances

Share Ownership

Return on Equity

88,4 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 194 000	2 033 000	1 385 000	810 000
Net Income	221 000	102 000	65 000	131 000
Total Assets	714 000	388 000	311 000	217 000
Total Equity	250 000	29 000	−73 000	−138 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 194 000	2 033 000	1 385 000	810 000
Expenditure	1 904 000	1 915 000	1 320 000	679 000
Operating Profit	291 000	118 000	65 000	131 000
Financial Income	0	0	0	0
Financial Costs	7 000	0	0	0
Financial Balance	−7 000	0	0	0
Earnings Before Tax	283 000	118 000	65 000	131 000
Tax	62 000	17 000	0	0
Net Income	221 000	102 000	65 000	131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	30 000	0	0
Total Current Assets	692 000	358 000	311 000	217 000
Total Assets	714 000	388 000	311 000	217 000
Total Retained Equity	220 000	−1 000	−103 000	−168 000
Total Equity	250 000	29 000	−73 000	−138 000
Total Long-Term Debt	1 000	1 000	327 000	187 000
Total Current Debt	464 000	358 000	57 000	169 000
Total Equity and Debt	714 000	388 000	311 000	217 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 193 000	2 033 000	1 385 000	810 000
Other Income	1 000	0	0	0
Revenue	2 194 000	2 033 000	1 385 000	810 000
Cost of Goods Sold	1 448 000	1 624 000	993 000	399 000
Salary Costs	2 000	6 000	0	0
Depreciation	6 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	1 904 000	1 915 000	1 320 000	679 000
Operating Profit	291 000	118 000	65 000	131 000
Financial Income	0	0	0	0
Financial Costs	7 000	0	0	0
Financial Balance	−7 000	0	0	0
Dividends	0	0	0	0
Net Income	221 000	102 000	65 000	131 000

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	22 000	28 000	0	0
Total Tangible Assets	22 000	28 000	0	0
Total Fiancial Fixed Assets	0	2 000	0	0
Total Fixed Assets	22 000	30 000	0	0
Stock	539 000	198 000	168 000	179 000
Total Investments	0	0	0	0
Cash, Bank	61 000	64 000	63 000	3 000
Total Current Assets	692 000	358 000	311 000	217 000
Total Assets	714 000	388 000	311 000	217 000
Total Equity	250 000	29 000	−73 000	−138 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	1 000	327 000	187 000
Creditors	419 000	155 000	0	0
Unpaid Taxes	0	71 000	65 000	48 000
Dividends	0	0	0	0
Other Current Debt	−18 000	116 000	−8 000	121 000
Total Current Debt	464 000	358 000	57 000	169 000
Total Equity and Debt	714 000	388 000	311 000	217 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,4 %	351,72 %	−89,04 %	−94,93 %
Debt-to-Equity Ratio	0	0,03	−4,48	−1,36
Operating Profit Margin	13,26 %	5,8 %	4,69 %	16,17 %
Current Ratio	1,49	1	5,46	1,28
Quick Ratio	−9,23	2,24	−2,8	−21,7
Equity Ratio	0,35	0,07	−0,23	−0,64
Gross Profit Margin	34 %	20,12 %	28,3 %	50,74 %