GRIMFIELD AS

4885 GRIMSTAD

Finances

Share Ownership

Return on Equity

28,09 %

Current Ratio

0,7

Debt-to-Equity Ratio

−0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	254 000	408 000	794 000	1 105 000
Net Income	−84 000	−128 000	−161 000	37 000
Total Assets	522 000	465 000	607 000	509 000
Total Equity	−299 000	−214 000	−86 000	75 000

Income (NOK)	2022	2021	2020	2019
Revenue	254 000	408 000	794 000	1 105 000
Expenditure	338 000	503 000	988 000	1 052 000
Operating Profit	−84 000	−95 000	−195 000	53 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	11 000	6 000
Financial Balance	−1 000	0	−11 000	−6 000
Earnings Before Tax	−84 000	−95 000	−207 000	47 000
Tax	0	33 000	−45 000	10 000
Net Income	−84 000	−128 000	−161 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	33 000	0
Total Current Assets	522 000	465 000	574 000	509 000
Total Assets	522 000	465 000	607 000	509 000
Total Retained Equity	−329 000	−244 000	−116 000	45 000
Total Equity	−299 000	−214 000	−86 000	75 000
Total Long-Term Debt	80 000	49 000	0	0
Total Current Debt	741 000	630 000	693 000	434 000
Total Equity and Debt	522 000	465 000	607 000	509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	254 000	408 000	794 000	1 105 000
Other Income	0	0	0	0
Revenue	254 000	408 000	794 000	1 105 000
Cost of Goods Sold	195 000	339 000	618 000	820 000
Salary Costs	0	2 000	128 000	25 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	338 000	503 000	988 000	1 052 000
Operating Profit	−84 000	−95 000	−195 000	53 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	11 000	6 000
Financial Balance	−1 000	0	−11 000	−6 000
Dividends	0	0	0	0
Net Income	−84 000	−128 000	−161 000	37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	33 000	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	0	0	33 000	0
Stock	233 000	225 000	360 000	327 000
Total Investments	0	0	0	0
Cash, Bank	6 000	5 000	17 000	53 000
Total Current Assets	522 000	465 000	574 000	509 000
Total Assets	522 000	465 000	607 000	509 000
Total Equity	−299 000	−214 000	−86 000	75 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	80 000	49 000	0	0
Creditors	37 000	−14 000	70 000	74 000
Unpaid Taxes	9 000	11 000	27 000	26 000
Dividends	0	0	0	0
Other Current Debt	694 000	633 000	596 000	324 000
Total Current Debt	741 000	630 000	693 000	434 000
Total Equity and Debt	522 000	465 000	607 000	509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,09 %	59,81 %	187,21 %	49,33 %
Debt-to-Equity Ratio	−0,27	−0,23	−0	0
Operating Profit Margin	−33,07 %	−23,28 %	−24,56 %	4,8 %
Current Ratio	0,7	0,74	0,83	1,17
Quick Ratio	1,03	1,15	1,72	4,76
Equity Ratio	−0,57	−0,46	−0,14	0,15
Gross Profit Margin	23,23 %	16,91 %	22,17 %	25,79 %