GLOBAL RENTAL HUB AS

8370 LEKNES

Finances

Return on Equity

82,85 %

Current Ratio

1,71

Debt-to-Equity Ratio

8,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 069 000	2 983 000	1 304 000	1 643 000
Net Income	778 000	17 000	−172 000	−141 000
Total Assets	10 260 000	1 185 000	1 331 000	947 000
Total Equity	939 000	161 000	−126 000	−184 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 069 000	2 983 000	1 304 000	1 643 000
Expenditure	6 918 000	2 798 000	1 462 000	1 774 000
Operating Profit	1 151 000	184 000	−158 000	−131 000
Financial Income	0	5 000	0	0
Financial Costs	258 000	33 000	61 000	50 000
Financial Balance	−258 000	−28 000	−61 000	−50 000
Earnings Before Tax	893 000	156 000	−220 000	−181 000
Tax	115 000	139 000	−48 000	−40 000
Net Income	778 000	17 000	−172 000	−141 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 286 000	519 000	534 000	465 000
Total Current Assets	1 975 000	666 000	797 000	482 000
Total Assets	10 260 000	1 185 000	1 331 000	947 000
Total Retained Equity	379 000	−399 000	−416 000	−244 000
Total Equity	939 000	161 000	−126 000	−184 000
Total Long-Term Debt	8 169 000	1 200 000	1 307 000	875 000
Total Current Debt	1 152 000	−176 000	150 000	256 000
Total Equity and Debt	10 260 000	1 185 000	1 331 000	947 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 511 000	2 982 000	1 264 000	1 643 000
Other Income	558 000	1 000	40 000	0
Revenue	8 069 000	2 983 000	1 304 000	1 643 000
Cost of Goods Sold	587 000	92 000	195 000	208 000
Salary Costs	3 985 000	1 974 000	742 000	1 091 000
Depreciation	286 000	126 000	128 000	74 000
Impairment	0	0	0	0
Expenditure	6 918 000	2 798 000	1 462 000	1 774 000
Operating Profit	1 151 000	184 000	−158 000	−131 000
Financial Income	0	5 000	0	0
Financial Costs	258 000	33 000	61 000	50 000
Financial Balance	−258 000	−28 000	−61 000	−50 000
Dividends	0	0	0	0
Net Income	778 000	17 000	−172 000	−141 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	349 000	225 000	117 000	69 000
Real Eastate	7 700 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	178 000	290 000	416 000	396 000
Total Tangible Assets	7 879 000	290 000	416 000	396 000
Total Fiancial Fixed Assets	58 000	4 000	0	0
Total Fixed Assets	8 286 000	519 000	534 000	465 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	398 000	576 000	598 000	258 000
Total Current Assets	1 975 000	666 000	797 000	482 000
Total Assets	10 260 000	1 185 000	1 331 000	947 000
Total Equity	939 000	161 000	−126 000	−184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 169 000	1 200 000	1 307 000	875 000
Creditors	72 000	−562 000	25 000	28 000
Unpaid Taxes	259 000	214 000	47 000	77 000
Dividends	0	0	0	0
Other Current Debt	706 000	172 000	77 000	152 000
Total Current Debt	1 152 000	−176 000	150 000	256 000
Total Equity and Debt	10 260 000	1 185 000	1 331 000	947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,85 %	10,56 %	136,51 %	76,63 %
Debt-to-Equity Ratio	8,7	7,45	−10,37	−4,76
Operating Profit Margin	14,26 %	6,17 %	−12,12 %	−7,97 %
Current Ratio	1,71	−3,78	5,31	1,88
Quick Ratio	1,71	−3,78	5,31	1,88
Equity Ratio	0,09	0,14	−0,09	−0,19
Gross Profit Margin	92,73 %	96,92 %	85,05 %	87,34 %