GROUNDUP AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

153,39 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 255 000	1 034 000	1 028 000	636 000
Net Income	339 000	41 000	110 000	37 000
Total Assets	653 000	403 000	512 000	479 000
Total Equity	221 000	357 000	315 000	306 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 255 000	1 034 000	1 028 000	636 000
Expenditure	819 000	980 000	888 000	590 000
Operating Profit	436 000	54 000	139 000	46 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Earnings Before Tax	436 000	54 000	141 000	47 000
Tax	97 000	13 000	31 000	11 000
Net Income	339 000	41 000	110 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	172 000	118 000	47 000	58 000
Total Current Assets	481 000	285 000	465 000	421 000
Total Assets	653 000	403 000	512 000	479 000
Total Retained Equity	191 000	327 000	285 000	276 000
Total Equity	221 000	357 000	315 000	306 000
Total Long-Term Debt	0	0	0	3 000
Total Current Debt	432 000	46 000	196 000	171 000
Total Equity and Debt	653 000	403 000	512 000	479 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 253 000	1 034 000	1 028 000	636 000
Other Income	2 000	0	0	0
Revenue	1 255 000	1 034 000	1 028 000	636 000
Cost of Goods Sold	77 000	119 000	319 000	18 000
Salary Costs	141 000	77 000	44 000	44 000
Depreciation	33 000	47 000	18 000	10 000
Impairment	0	0	0	0
Expenditure	819 000	980 000	888 000	590 000
Operating Profit	436 000	54 000	139 000	46 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Dividends	475 000	0	100 000	0
Net Income	339 000	41 000	110 000	37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	172 000	113 000	40 000	58 000
Total Tangible Assets	172 000	113 000	40 000	58 000
Total Fiancial Fixed Assets	0	0	7 000	0
Total Fixed Assets	172 000	118 000	47 000	58 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	132 000	223 000	356 000	170 000
Total Current Assets	481 000	285 000	465 000	421 000
Total Assets	653 000	403 000	512 000	479 000
Total Equity	221 000	357 000	315 000	306 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	3 000
Creditors	46 000	12 000	50 000	143 000
Unpaid Taxes	0	9 000	106 000	16 000
Dividends	475 000	0	100 000	0
Other Current Debt	18 000	8 000	6 000	4 000
Total Current Debt	432 000	46 000	196 000	171 000
Total Equity and Debt	653 000	403 000	512 000	479 000

Financial indicators	2022	2021	2020	2019
Return on Equity	153,39 %	11,48 %	34,92 %	12,09 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	34,74 %	5,22 %	13,52 %	7,23 %
Current Ratio	1,11	6,2	2,37	2,46
Quick Ratio	1,11	6,2	2,37	2,46
Equity Ratio	0,34	0,89	0,62	0,64
Gross Profit Margin	93,86 %	88,49 %	68,97 %	97,17 %