GRENSELAND AS

1870 ØRJE

Finances

Share Ownership

Return on Equity

−21,11 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	889 000	516 000	512 000	730 000
Net Income	−19 000	59 000	67 000	−22 000
Total Assets	481 000	214 000	147 000	28 000
Total Equity	90 000	110 000	51 000	−16 000

Income (NOK)	2022	2021	2020	2019
Revenue	889 000	516 000	512 000	730 000
Expenditure	909 000	440 000	426 000	758 000
Operating Profit	−21 000	75 000	86 000	−27 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−21 000	75 000	86 000	−27 000
Tax	−1 000	17 000	19 000	−5 000
Net Income	−19 000	59 000	67 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	9 000	10 000	12 000
Total Current Assets	474 000	205 000	137 000	15 000
Total Assets	481 000	214 000	147 000	28 000
Total Retained Equity	60 000	80 000	21 000	−46 000
Total Equity	90 000	110 000	51 000	−16 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	391 000	104 000	97 000	44 000
Total Equity and Debt	481 000	214 000	147 000	28 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	889 000	446 000	484 000	680 000
Other Income	0	70 000	28 000	50 000
Revenue	889 000	516 000	512 000	730 000
Cost of Goods Sold	283 000	132 000	116 000	241 000
Salary Costs	455 000	170 000	164 000	231 000
Depreciation	0	0	0	40 000
Impairment	0	0	0	0
Expenditure	909 000	440 000	426 000	758 000
Operating Profit	−21 000	75 000	86 000	−27 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	−19 000	59 000	67 000	−22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	6 000	7 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	3 000	3 000	3 000
Total Tangible Assets	0	3 000	3 000	3 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 000	9 000	10 000	12 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	165 000	141 000	58 000	9 000
Total Current Assets	474 000	205 000	137 000	15 000
Total Assets	481 000	214 000	147 000	28 000
Total Equity	90 000	110 000	51 000	−16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	288 000	3 000	4 000	2 000
Unpaid Taxes	66 000	78 000	65 000	15 000
Dividends	0	0	0	0
Other Current Debt	38 000	8 000	11 000	26 000
Total Current Debt	391 000	104 000	97 000	44 000
Total Equity and Debt	481 000	214 000	147 000	28 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,11 %	53,64 %	131,37 %	137,5 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−2,36 %	14,53 %	16,8 %	−3,7 %
Current Ratio	1,21	1,97	1,41	0,34
Quick Ratio	1,21	1,97	1,41	0,34
Equity Ratio	0,19	0,51	0,35	−0,57
Gross Profit Margin	68,17 %	74,42 %	77,34 %	66,99 %