GRANDEFOTO AS

1459 NESODDEN

Finances

Share Ownership

Return on Equity

1,77 %

Current Ratio

12,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 883 000	2 079 000	1 953 000	2 129 000
Net Income	48 000	841 000	728 000	831 000
Total Assets	2 817 000	3 027 000	2 241 000	1 503 000
Total Equity	2 710 000	2 662 000	1 820 000	1 092 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 883 000	2 079 000	1 953 000	2 129 000
Expenditure	1 838 000	1 004 000	1 023 000	1 300 000
Operating Profit	45 000	1 075 000	929 000	829 000
Financial Income	15 000	4 000	5 000	3 000
Financial Costs	0	0	0	0
Financial Balance	15 000	4 000	5 000	3 000
Earnings Before Tax	60 000	1 079 000	934 000	831 000
Tax	12 000	237 000	205 000	0
Net Income	48 000	841 000	728 000	831 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 445 000	600 000	0	0
Total Current Assets	1 372 000	2 427 000	2 241 000	1 503 000
Total Assets	2 817 000	3 027 000	2 241 000	1 503 000
Total Retained Equity	2 680 000	2 632 000	1 790 000	1 062 000
Total Equity	2 710 000	2 662 000	1 820 000	1 092 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	107 000	365 000	421 000	410 000
Total Equity and Debt	2 817 000	3 027 000	2 241 000	1 503 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 883 000	2 079 000	1 953 000	2 129 000
Other Income	0	0	0	0
Revenue	1 883 000	2 079 000	1 953 000	2 129 000
Cost of Goods Sold	0	0	0	0
Salary Costs	903 000	0	275 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 838 000	1 004 000	1 023 000	1 300 000
Operating Profit	45 000	1 075 000	929 000	829 000
Financial Income	15 000	4 000	5 000	3 000
Financial Costs	0	0	0	0
Financial Balance	15 000	4 000	5 000	3 000
Dividends	0	0	0	0
Net Income	48 000	841 000	728 000	831 000

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	1 445 000	600 000	0	0
Total Fixed Assets	1 445 000	600 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 476 000	2 421 000	2 238 000	1 491 000
Total Current Assets	1 372 000	2 427 000	2 241 000	1 503 000
Total Assets	2 817 000	3 027 000	2 241 000	1 503 000
Total Equity	2 710 000	2 662 000	1 820 000	1 092 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	13 000	0
Unpaid Taxes	−29 000	−14 000	−1 000	1 000
Dividends	0	0	0	0
Other Current Debt	123 000	142 000	203 000	226 000
Total Current Debt	107 000	365 000	421 000	410 000
Total Equity and Debt	2 817 000	3 027 000	2 241 000	1 503 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,77 %	31,59 %	40 %	76,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,39 %	51,71 %	47,57 %	38,94 %
Current Ratio	12,82	6,65	5,32	3,67
Quick Ratio	12,82	6,65	5,32	3,67
Equity Ratio	0,96	0,88	0,81	0,73
Gross Profit Margin	100 %	100 %	100 %	100 %