GRIFFIN INVEST AS

1678 KRÅKERØY

Finances

Return on Equity

157,37 %

Current Ratio

0,56

Debt-to-Equity Ratio

−1,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	707 000	512 000	188 000	869 000
Net Income	−299 000	−5 000	−28 000	124 000
Total Assets	648 000	1 125 000	1 012 000	1 266 000
Total Equity	−190 000	109 000	114 000	142 000

Income (NOK)	2022	2021	2020	2019
Revenue	707 000	512 000	188 000	869 000
Expenditure	871 000	550 000	258 000	737 000
Operating Profit	−166 000	−38 000	−70 000	132 000
Financial Income	51 000	32 000	27 000	0
Financial Costs	189 000	19 000	0	1 000
Financial Balance	−138 000	13 000	27 000	−1 000
Earnings Before Tax	−304 000	−25 000	−43 000	131 000
Tax	−4 000	−21 000	−15 000	7 000
Net Income	−299 000	−5 000	−28 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	347 000	496 000	800 000	1 064 000
Total Current Assets	301 000	629 000	212 000	202 000
Total Assets	648 000	1 125 000	1 012 000	1 266 000
Total Retained Equity	−220 000	79 000	84 000	112 000
Total Equity	−190 000	109 000	114 000	142 000
Total Long-Term Debt	300 000	300 000	300 000	400 000
Total Current Debt	538 000	716 000	598 000	724 000
Total Equity and Debt	648 000	1 125 000	1 012 000	1 266 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	707 000	492 000	162 000	869 000
Other Income	0	20 000	26 000	0
Revenue	707 000	512 000	188 000	869 000
Cost of Goods Sold	0	0	0	0
Salary Costs	661 000	359 000	11 000	615 000
Depreciation	123 000	123 000	117 000	74 000
Impairment	0	0	0	0
Expenditure	871 000	550 000	258 000	737 000
Operating Profit	−166 000	−38 000	−70 000	132 000
Financial Income	51 000	32 000	27 000	0
Financial Costs	189 000	19 000	0	1 000
Financial Balance	−138 000	13 000	27 000	−1 000
Dividends	0	0	0	0
Net Income	−299 000	−5 000	−28 000	124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	34 000	25 000	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	179 000	302 000	425 000	494 000
Total Tangible Assets	179 000	302 000	425 000	494 000
Total Fiancial Fixed Assets	130 000	160 000	350 000	560 000
Total Fixed Assets	347 000	496 000	800 000	1 064 000
Stock	0	0	0	0
Total Investments	72 000	254 000	117 000	0
Cash, Bank	126 000	211 000	78 000	202 000
Total Current Assets	301 000	629 000	212 000	202 000
Total Assets	648 000	1 125 000	1 012 000	1 266 000
Total Equity	−190 000	109 000	114 000	142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	300 000	300 000	300 000	400 000
Creditors	6 000	9 000	4 000	0
Unpaid Taxes	82 000	133 000	14 000	127 000
Dividends	0	0	0	0
Other Current Debt	450 000	573 000	580 000	581 000
Total Current Debt	538 000	716 000	598 000	724 000
Total Equity and Debt	648 000	1 125 000	1 012 000	1 266 000

Financial indicators	2022	2021	2020	2019
Return on Equity	157,37 %	−4,59 %	−24,56 %	87,32 %
Debt-to-Equity Ratio	−1,58	2,75	2,63	2,82
Operating Profit Margin	−23,48 %	−7,42 %	−37,23 %	15,19 %
Current Ratio	0,56	0,88	0,35	0,28
Quick Ratio	0,56	0,88	0,35	0,28
Equity Ratio	−0,29	0,1	0,11	0,11
Gross Profit Margin	100 %	100 %	100 %	100 %