J.E GRØNSKAG AS

7260 SISTRANDA

Finances

Share Ownership

Return on Equity

−15,96 %

Current Ratio

8,09

Debt-to-Equity Ratio

4,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	919 000	1 120 000	1 079 000	1 003 000
Net Income	−30 000	107 000	100 000	74 000
Total Assets	1 138 000	1 215 000	1 327 000	1 443 000
Total Equity	188 000	219 000	112 000	12 000

Income (NOK)	2022	2021	2020	2019
Revenue	919 000	1 120 000	1 079 000	1 003 000
Expenditure	963 000	967 000	957 000	940 000
Operating Profit	−44 000	154 000	121 000	63 000
Financial Income	6 000	3 000	7 000	10 000
Financial Costs	0	0	0	0
Financial Balance	6 000	3 000	7 000	10 000
Earnings Before Tax	−38 000	157 000	128 000	74 000
Tax	−8 000	50 000	28 000	0
Net Income	−30 000	107 000	100 000	74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	35 000	59 000	88 000
Total Current Assets	1 108 000	1 180 000	1 269 000	1 355 000
Total Assets	1 138 000	1 215 000	1 327 000	1 443 000
Total Retained Equity	158 000	189 000	82 000	−18 000
Total Equity	188 000	219 000	112 000	12 000
Total Long-Term Debt	812 000	808 000	1 028 000	1 297 000
Total Current Debt	137 000	189 000	187 000	134 000
Total Equity and Debt	1 138 000	1 215 000	1 327 000	1 443 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	919 000	1 120 000	1 079 000	1 003 000
Other Income	0	0	0	0
Revenue	919 000	1 120 000	1 079 000	1 003 000
Cost of Goods Sold	0	0	0	0
Salary Costs	652 000	639 000	662 000	653 000
Depreciation	5 000	20 000	20 000	30 000
Impairment	0	0	0	0
Expenditure	963 000	967 000	957 000	940 000
Operating Profit	−44 000	154 000	121 000	63 000
Financial Income	6 000	3 000	7 000	10 000
Financial Costs	0	0	0	0
Financial Balance	6 000	3 000	7 000	10 000
Dividends	0	0	0	0
Net Income	−30 000	107 000	100 000	74 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	30 000	35 000	55 000	88 000
Total Tangible Assets	30 000	35 000	55 000	88 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	35 000	59 000	88 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 083 000	1 119 000	1 219 000	1 310 000
Total Current Assets	1 108 000	1 180 000	1 269 000	1 355 000
Total Assets	1 138 000	1 215 000	1 327 000	1 443 000
Total Equity	188 000	219 000	112 000	12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	812 000	808 000	1 028 000	1 297 000
Creditors	7 000	5 000	10 000	8 000
Unpaid Taxes	53 000	56 000	54 000	48 000
Dividends	0	0	0	0
Other Current Debt	77 000	89 000	92 000	78 000
Total Current Debt	137 000	189 000	187 000	134 000
Total Equity and Debt	1 138 000	1 215 000	1 327 000	1 443 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,96 %	48,86 %	89,29 %	616,67 %
Debt-to-Equity Ratio	4,32	3,69	9,18	108,08
Operating Profit Margin	−4,79 %	13,75 %	11,21 %	6,28 %
Current Ratio	8,09	6,24	6,79	10,11
Quick Ratio	8,09	6,24	6,79	10,11
Equity Ratio	0,17	0,18	0,08	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %