GRATECH AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

552,04 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 040 000	8 428 000	4 542 000	13 350 000
Net Income	1 761 000	1 058 000	675 000	−116 000
Total Assets	3 538 000	3 766 000	2 713 000	3 358 000
Total Equity	319 000	1 136 000	676 000	306 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 040 000	8 428 000	4 542 000	13 350 000
Expenditure	6 809 000	7 104 000	3 716 000	13 560 000
Operating Profit	2 231 000	1 324 000	825 000	−210 000
Financial Income	2 000	1 000	7 000	25 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	7 000	25 000
Earnings Before Tax	2 232 000	1 325 000	833 000	−186 000
Tax	471 000	267 000	158 000	−70 000
Net Income	1 761 000	1 058 000	675 000	−116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	68 000	0	70 000
Total Current Assets	3 484 000	3 698 000	2 713 000	3 288 000
Total Assets	3 538 000	3 766 000	2 713 000	3 358 000
Total Retained Equity	289 000	1 106 000	646 000	276 000
Total Equity	319 000	1 136 000	676 000	306 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 218 000	2 631 000	2 037 000	3 052 000
Total Equity and Debt	3 538 000	3 766 000	2 713 000	3 358 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 040 000	8 428 000	4 542 000	13 350 000
Other Income	0	0	0	0
Revenue	9 040 000	8 428 000	4 542 000	13 350 000
Cost of Goods Sold	2 623 000	2 366 000	736 000	10 475 000
Salary Costs	3 468 000	4 171 000	2 461 000	2 209 000
Depreciation	14 000	17 000	0	0
Impairment	0	0	0	0
Expenditure	6 809 000	7 104 000	3 716 000	13 560 000
Operating Profit	2 231 000	1 324 000	825 000	−210 000
Financial Income	2 000	1 000	7 000	25 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	7 000	25 000
Dividends	2 400 000	500 000	0	0
Net Income	1 761 000	1 058 000	675 000	−116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	70 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	54 000	68 000	0	0
Total Tangible Assets	54 000	68 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	54 000	68 000	0	70 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 585 000	2 047 000	1 958 000	1 257 000
Total Current Assets	3 484 000	3 698 000	2 713 000	3 288 000
Total Assets	3 538 000	3 766 000	2 713 000	3 358 000
Total Equity	319 000	1 136 000	676 000	306 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	113 000	135 000	63 000	65 000
Unpaid Taxes	450 000	630 000	449 000	482 000
Dividends	2 400 000	500 000	0	0
Other Current Debt	−169 000	1 122 000	1 523 000	2 505 000
Total Current Debt	3 218 000	2 631 000	2 037 000	3 052 000
Total Equity and Debt	3 538 000	3 766 000	2 713 000	3 358 000

Financial indicators	2022	2021	2020	2019
Return on Equity	552,04 %	93,13 %	99,85 %	−37,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,68 %	15,71 %	18,16 %	−1,57 %
Current Ratio	1,08	1,41	1,33	1,08
Quick Ratio	1,08	1,41	1,33	1,08
Equity Ratio	0,09	0,3	0,25	0,09
Gross Profit Margin	70,98 %	71,93 %	83,8 %	21,54 %