GRAND AUTOPAINT AS

1481 HAGAN

Finances

Share Ownership

Return on Equity

−289,69 %

Current Ratio

0,74

Debt-to-Equity Ratio

−1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 303 000	3 043 000	3 523 000	1 808 000
Net Income	281 000	−473 000	−31 000	63 000
Total Assets	151 000	351 000	863 000	509 000
Total Equity	−97 000	−378 000	96 000	127 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 303 000	3 043 000	3 523 000	1 808 000
Expenditure	989 000	3 482 000	3 536 000	1 710 000
Operating Profit	314 000	−439 000	−13 000	97 000
Financial Income	0	0	1 000	0
Financial Costs	40 000	34 000	25 000	18 000
Financial Balance	−40 000	−34 000	−24 000	−18 000
Earnings Before Tax	274 000	−473 000	−37 000	80 000
Tax	−7 000	0	−6 000	17 000
Net Income	281 000	−473 000	−31 000	63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	229 000	325 000	217 000
Total Current Assets	100 000	123 000	539 000	292 000
Total Assets	151 000	351 000	863 000	509 000
Total Retained Equity	−127 000	−408 000	66 000	97 000
Total Equity	−97 000	−378 000	96 000	127 000
Total Long-Term Debt	111 000	298 000	330 000	162 000
Total Current Debt	136 000	431 000	438 000	221 000
Total Equity and Debt	151 000	351 000	863 000	509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 255 000	2 947 000	3 490 000	1 808 000
Other Income	49 000	95 000	33 000	0
Revenue	1 303 000	3 043 000	3 523 000	1 808 000
Cost of Goods Sold	146 000	635 000	881 000	521 000
Salary Costs	634 000	1 740 000	1 417 000	493 000
Depreciation	43 000	96 000	90 000	55 000
Impairment	0	0	0	0
Expenditure	989 000	3 482 000	3 536 000	1 710 000
Operating Profit	314 000	−439 000	−13 000	97 000
Financial Income	0	0	1 000	0
Financial Costs	40 000	34 000	25 000	18 000
Financial Balance	−40 000	−34 000	−24 000	−18 000
Dividends	0	0	0	0
Net Income	281 000	−473 000	−31 000	63 000

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	51 000	229 000	325 000	217 000
Total Tangible Assets	51 000	229 000	325 000	217 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	51 000	229 000	325 000	217 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	55 000	57 000	284 000	88 000
Total Current Assets	100 000	123 000	539 000	292 000
Total Assets	151 000	351 000	863 000	509 000
Total Equity	−97 000	−378 000	96 000	127 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	111 000	298 000	330 000	162 000
Creditors	7 000	226 000	47 000	84 000
Unpaid Taxes	89 000	95 000	279 000	86 000
Dividends	0	0	0	0
Other Current Debt	41 000	110 000	112 000	41 000
Total Current Debt	136 000	431 000	438 000	221 000
Total Equity and Debt	151 000	351 000	863 000	509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−289,69 %	125,13 %	−32,29 %	49,61 %
Debt-to-Equity Ratio	−1,14	−0,79	3,44	1,28
Operating Profit Margin	24,1 %	−14,43 %	−0,37 %	5,37 %
Current Ratio	0,74	0,29	1,23	1,32
Quick Ratio	0,74	0,29	1,23	1,32
Equity Ratio	−0,64	−1,08	0,11	0,25
Gross Profit Margin	88,8 %	79,13 %	74,99 %	71,18 %