GRIN AS

0349 OSLO

Finances

Share Ownership

Return on Equity

−7 098,15 %

Current Ratio

0,84

Debt-to-Equity Ratio

27,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 328 000	2 480 000	1 111 000	309 000
Net Income	−3 833 000	−464 000	60 000	−18 000
Total Assets	5 956 000	4 025 000	2 710 000	642 000
Total Equity	54 000	−341 000	124 000	79 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 328 000	2 480 000	1 111 000	309 000
Expenditure	7 146 000	2 917 000	1 050 000	328 000
Operating Profit	−3 818 000	−437 000	60 000	−18 000
Financial Income	8 000	0	0	0
Financial Costs	24 000	27 000	0	0
Financial Balance	−16 000	−27 000	0	0
Earnings Before Tax	−3 833 000	−464 000	60 000	−18 000
Tax	0	0	0	0
Net Income	−3 833 000	−464 000	60 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 250 000	1 851 000	643 000	0
Total Current Assets	3 706 000	2 174 000	2 067 000	642 000
Total Assets	5 956 000	4 025 000	2 710 000	642 000
Total Retained Equity	−4 204 000	−371 000	94 000	54 000
Total Equity	54 000	−341 000	124 000	79 000
Total Long-Term Debt	1 493 000	4 125 000	2 575 000	615 000
Total Current Debt	4 410 000	241 000	11 000	−52 000
Total Equity and Debt	5 956 000	4 025 000	2 710 000	642 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	291 000	1 295 000	55 000	100 000
Other Income	3 037 000	1 185 000	1 055 000	209 000
Revenue	3 328 000	2 480 000	1 111 000	309 000
Cost of Goods Sold	3 227 000	851 000	47 000	71 000
Salary Costs	2 937 000	1 564 000	487 000	90 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 146 000	2 917 000	1 050 000	328 000
Operating Profit	−3 818 000	−437 000	60 000	−18 000
Financial Income	8 000	0	0	0
Financial Costs	24 000	27 000	0	0
Financial Balance	−16 000	−27 000	0	0
Dividends	0	0	0	0
Net Income	−3 833 000	−464 000	60 000	−18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 250 000	1 851 000	643 000	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	0	0	0	0
Total Fixed Assets	2 250 000	1 851 000	643 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 432 000	2 153 000	2 067 000	646 000
Total Current Assets	3 706 000	2 174 000	2 067 000	642 000
Total Assets	5 956 000	4 025 000	2 710 000	642 000
Total Equity	54 000	−341 000	124 000	79 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 493 000	4 125 000	2 575 000	615 000
Creditors	584 000	119 000	27 000	−12 000
Unpaid Taxes	147 000	−18 000	−69 000	−35 000
Dividends	0	0	0	0
Other Current Debt	3 679 000	140 000	54 000	11 000
Total Current Debt	4 410 000	241 000	11 000	−52 000
Total Equity and Debt	5 956 000	4 025 000	2 710 000	642 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7 098,15 %	136,07 %	48,39 %	−22,78 %
Debt-to-Equity Ratio	27,65	−12,1	20,77	7,78
Operating Profit Margin	−114,72 %	−17,62 %	5,4 %	−5,83 %
Current Ratio	0,84	9,02	187,91	−12,35
Quick Ratio	0,84	9,02	187,91	−12,35
Equity Ratio	0,01	−0,08	0,05	0,12
Gross Profit Margin	3,03 %	65,69 %	95,77 %	77,02 %