GROSVOLD BOAT PRODUCTION MANAGEMENT AS

4886 GRIMSTAD

Finances

Return on Equity

118,71 %

Current Ratio

0,48

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	945 000	695 000	770 000	1 728 000
Net Income	−203 000	229 000	−107 000	−30 000
Total Assets	360 000	238 000	56 000	266 000
Total Equity	−171 000	32 000	−197 000	−90 000

Income (NOK)	2022	2021	2020	2019
Revenue	945 000	695 000	770 000	1 728 000
Expenditure	1 760 000	464 000	876 000	1 758 000
Operating Profit	−814 000	231 000	−107 000	−30 000
Financial Income	611 000	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	611 000	−1 000	0	0
Earnings Before Tax	−203 000	230 000	−107 000	−30 000
Tax	0	1 000	0	0
Net Income	−203 000	229 000	−107 000	−30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 000	101 000	1 000	1 000
Total Current Assets	259 000	137 000	55 000	265 000
Total Assets	360 000	238 000	56 000	266 000
Total Retained Equity	−201 000	2 000	−227 000	−120 000
Total Equity	−171 000	32 000	−197 000	−90 000
Total Long-Term Debt	−10 000	0	0	0
Total Current Debt	540 000	206 000	253 000	355 000
Total Equity and Debt	360 000	238 000	56 000	266 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	945 000	695 000	770 000	1 728 000
Other Income	0	0	0	0
Revenue	945 000	695 000	770 000	1 728 000
Cost of Goods Sold	65 000	42 000	0	0
Salary Costs	1 437 000	230 000	691 000	1 136 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 760 000	464 000	876 000	1 758 000
Operating Profit	−814 000	231 000	−107 000	−30 000
Financial Income	611 000	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	611 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	−203 000	229 000	−107 000	−30 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	101 000	101 000	1 000	1 000
Total Fixed Assets	101 000	101 000	1 000	1 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	251 000	129 000	55 000	140 000
Total Current Assets	259 000	137 000	55 000	265 000
Total Assets	360 000	238 000	56 000	266 000
Total Equity	−171 000	32 000	−197 000	−90 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−10 000	0	0	0
Creditors	11 000	21 000	1 000	43 000
Unpaid Taxes	110 000	76 000	24 000	50 000
Dividends	0	0	0	0
Other Current Debt	420 000	107 000	228 000	262 000
Total Current Debt	540 000	206 000	253 000	355 000
Total Equity and Debt	360 000	238 000	56 000	266 000

Financial indicators	2022	2021	2020	2019
Return on Equity	118,71 %	715,63 %	54,31 %	33,33 %
Debt-to-Equity Ratio	0,06	0	−0	−0
Operating Profit Margin	−86,14 %	33,24 %	−13,9 %	−1,74 %
Current Ratio	0,48	0,67	0,22	0,75
Quick Ratio	0,48	0,67	0,22	0,75
Equity Ratio	−0,48	0,13	−3,52	−0,34
Gross Profit Margin	93,12 %	93,96 %	100 %	100 %