GROW AS

2000 LILLESTRØM

Finances

Share Ownership

Return on Equity

3,43 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 310 000	2 796 000	2 153 000	3 573 000
Net Income	8 000	107 000	183 000	−236 000
Total Assets	761 000	1 234 000	578 000	876 000
Total Equity	233 000	225 000	118 000	−65 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 310 000	2 796 000	2 153 000	3 573 000
Expenditure	3 298 000	2 624 000	1 965 000	3 799 000
Operating Profit	12 000	172 000	188 000	−226 000
Financial Income	0	0	0	0
Financial Costs	4 000	5 000	5 000	11 000
Financial Balance	−4 000	−5 000	−5 000	−11 000
Earnings Before Tax	8 000	167 000	183 000	−236 000
Tax	0	61 000	0	0
Net Income	8 000	107 000	183 000	−236 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	12 000	0	28 000
Total Current Assets	753 000	1 222 000	578 000	848 000
Total Assets	761 000	1 234 000	578 000	876 000
Total Retained Equity	174 000	165 000	58 000	−124 000
Total Equity	233 000	225 000	118 000	−65 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	528 000	1 010 000	460 000	940 000
Total Equity and Debt	761 000	1 234 000	578 000	876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 250 000	2 671 000	2 153 000	3 571 000
Other Income	60 000	125 000	0	2 000
Revenue	3 310 000	2 796 000	2 153 000	3 573 000
Cost of Goods Sold	493 000	240 000	98 000	281 000
Salary Costs	2 398 000	1 990 000	1 483 000	3 037 000
Depreciation	5 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	3 298 000	2 624 000	1 965 000	3 799 000
Operating Profit	12 000	172 000	188 000	−226 000
Financial Income	0	0	0	0
Financial Costs	4 000	5 000	5 000	11 000
Financial Balance	−4 000	−5 000	−5 000	−11 000
Dividends	0	0	0	0
Net Income	8 000	107 000	183 000	−236 000

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	7 000	12 000	0	0
Total Tangible Assets	7 000	12 000	0	0
Total Fiancial Fixed Assets	0	0	0	28 000
Total Fixed Assets	7 000	12 000	0	28 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	512 000	914 000	543 000	126 000
Total Current Assets	753 000	1 222 000	578 000	848 000
Total Assets	761 000	1 234 000	578 000	876 000
Total Equity	233 000	225 000	118 000	−65 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	37 000	259 000	12 000	48 000
Unpaid Taxes	269 000	286 000	212 000	442 000
Dividends	0	0	0	0
Other Current Debt	222 000	404 000	237 000	280 000
Total Current Debt	528 000	1 010 000	460 000	940 000
Total Equity and Debt	761 000	1 234 000	578 000	876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,43 %	47,56 %	155,08 %	363,08 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	0,36 %	6,15 %	8,73 %	−6,33 %
Current Ratio	1,43	1,21	1,26	0,9
Quick Ratio	1,43	1,21	1,26	0,9
Equity Ratio	0,31	0,18	0,2	−0,07
Gross Profit Margin	85,11 %	91,42 %	95,45 %	92,14 %