FEELGOOD GRIMSTAD AS

4870 FEVIK

Finances

Share Ownership

Return on Equity

15,1 %

Current Ratio

2,8

Debt-to-Equity Ratio

−1,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	715 000	395 000	374 000	334 000
Net Income	−149 000	−213 000	−241 000	−306 000
Total Assets	386 000	642 000	936 000	1 268 000
Total Equity	−987 000	−838 000	−626 000	−385 000

Income (NOK)	2022	2021	2020	2019
Revenue	715 000	395 000	374 000	334 000
Expenditure	856 000	600 000	597 000	611 000
Operating Profit	−141 000	−204 000	−223 000	−278 000
Financial Income	0	0	0	0
Financial Costs	8 000	9 000	18 000	29 000
Financial Balance	−8 000	−9 000	−18 000	−29 000
Earnings Before Tax	−149 000	−213 000	−241 000	−306 000
Tax	0	0	0	0
Net Income	−149 000	−213 000	−241 000	−306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	288 000	580 000	897 000	1 213 000
Total Current Assets	98 000	62 000	40 000	55 000
Total Assets	386 000	642 000	936 000	1 268 000
Total Retained Equity	−1 017 000	−863 000	−650 000	−409 000
Total Equity	−987 000	−838 000	−626 000	−385 000
Total Long-Term Debt	1 339 000	1 452 000	1 534 000	1 607 000
Total Current Debt	35 000	29 000	28 000	47 000
Total Equity and Debt	386 000	642 000	936 000	1 268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	715 000	395 000	374 000	334 000
Other Income	0	0	0	0
Revenue	715 000	395 000	374 000	334 000
Cost of Goods Sold	21 000	0	0	0
Salary Costs	0	0	0	1 000
Depreciation	320 000	317 000	317 000	317 000
Impairment	0	0	0	0
Expenditure	856 000	600 000	597 000	611 000
Operating Profit	−141 000	−204 000	−223 000	−278 000
Financial Income	0	0	0	0
Financial Costs	8 000	9 000	18 000	29 000
Financial Balance	−8 000	−9 000	−18 000	−29 000
Dividends	0	0	0	0
Net Income	−149 000	−213 000	−241 000	−306 000

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	288 000	580 000	897 000	1 213 000
Total Tangible Assets	288 000	580 000	897 000	1 213 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	288 000	580 000	897 000	1 213 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	87 000	52 000	29 000	44 000
Total Current Assets	98 000	62 000	40 000	55 000
Total Assets	386 000	642 000	936 000	1 268 000
Total Equity	−987 000	−838 000	−626 000	−385 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 339 000	1 452 000	1 534 000	1 607 000
Creditors	32 000	5 000	4 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	23 000	23 000	47 000
Total Current Debt	35 000	29 000	28 000	47 000
Total Equity and Debt	386 000	642 000	936 000	1 268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,1 %	25,42 %	38,5 %	79,48 %
Debt-to-Equity Ratio	−1,36	−1,73	−2,45	−4,17
Operating Profit Margin	−19,72 %	−51,65 %	−59,63 %	−83,23 %
Current Ratio	2,8	2,14	1,43	1,17
Quick Ratio	2,8	2,14	1,43	1,17
Equity Ratio	−2,56	−1,31	−0,67	−0,3
Gross Profit Margin	97,06 %	100 %	100 %	100 %