GRUNDFELDT AS

0666 OSLO

Finances

Share Ownership

Return on Equity

20,83 %

Current Ratio

0,75

Debt-to-Equity Ratio

−0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 852 000	6 091 000	3 997 000	6 360 000
Net Income	−95 000	−121 000	−1 065 000	1 162 000
Total Assets	1 121 000	740 000	1 383 000	2 189 000
Total Equity	−456 000	−361 000	−240 000	825 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 852 000	6 091 000	3 997 000	6 360 000
Expenditure	4 888 000	6 138 000	5 232 000	4 943 000
Operating Profit	−35 000	−47 000	−1 234 000	1 418 000
Financial Income	6 000	5 000	6 000	5 000
Financial Costs	65 000	79 000	50 000	48 000
Financial Balance	−59 000	−74 000	−44 000	−43 000
Earnings Before Tax	−95 000	−121 000	−1 279 000	1 376 000
Tax	0	0	−214 000	214 000
Net Income	−95 000	−121 000	−1 065 000	1 162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	198 000	177 000	240 000	444 000
Total Current Assets	923 000	563 000	1 143 000	1 744 000
Total Assets	1 121 000	740 000	1 383 000	2 189 000
Total Retained Equity	−486 000	−391 000	−270 000	795 000
Total Equity	−456 000	−361 000	−240 000	825 000
Total Long-Term Debt	345 000	180 000	0	7 000
Total Current Debt	1 233 000	921 000	1 623 000	1 356 000
Total Equity and Debt	1 121 000	740 000	1 383 000	2 189 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 825 000	5 066 000	3 836 000	6 311 000
Other Income	27 000	1 025 000	161 000	49 000
Revenue	4 852 000	6 091 000	3 997 000	6 360 000
Cost of Goods Sold	642 000	1 730 000	1 650 000	1 788 000
Salary Costs	3 011 000	3 269 000	2 438 000	2 250 000
Depreciation	0	81 000	89 000	82 000
Impairment	89 000	0	0	0
Expenditure	4 888 000	6 138 000	5 232 000	4 943 000
Operating Profit	−35 000	−47 000	−1 234 000	1 418 000
Financial Income	6 000	5 000	6 000	5 000
Financial Costs	65 000	79 000	50 000	48 000
Financial Balance	−59 000	−74 000	−44 000	−43 000
Dividends	0	0	0	0
Net Income	−95 000	−121 000	−1 065 000	1 162 000

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	120 000	43 000	76 000	114 000
Fixtures	59 000	104 000	152 000	181 000
Total Tangible Assets	178 000	147 000	228 000	294 000
Total Fiancial Fixed Assets	20 000	30 000	12 000	150 000
Total Fixed Assets	198 000	177 000	240 000	444 000
Stock	545 000	172 000	97 000	164 000
Total Investments	0	0	0	0
Cash, Bank	179 000	371 000	462 000	16 000
Total Current Assets	923 000	563 000	1 143 000	1 744 000
Total Assets	1 121 000	740 000	1 383 000	2 189 000
Total Equity	−456 000	−361 000	−240 000	825 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	345 000	180 000	0	7 000
Creditors	207 000	149 000	297 000	251 000
Unpaid Taxes	284 000	201 000	658 000	376 000
Dividends	0	0	0	0
Other Current Debt	341 000	374 000	262 000	326 000
Total Current Debt	1 233 000	921 000	1 623 000	1 356 000
Total Equity and Debt	1 121 000	740 000	1 383 000	2 189 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,83 %	33,52 %	443,75 %	140,85 %
Debt-to-Equity Ratio	−0,76	−0,5	−0	0,01
Operating Profit Margin	−0,72 %	−0,77 %	−30,87 %	22,3 %
Current Ratio	0,75	0,61	0,7	1,29
Quick Ratio	1,34	0,75	0,75	1,46
Equity Ratio	−0,41	−0,49	−0,17	0,38
Gross Profit Margin	86,77 %	71,6 %	58,72 %	71,89 %