GROWUP AS

1606 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

113,03 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 213 000	2 483 000	1 626 000	0
Net Income	451 000	25 000	202 000	0
Total Assets	1 401 000	615 000	620 000	16 000
Total Equity	399 000	243 000	218 000	16 000

Income (NOK)	2022	2021	2020
Revenue	4 213 000	2 483 000	1 626 000
Expenditure	3 632 000	2 434 000	1 371 000
Operating Profit	581 000	49 000	256 000
Financial Income	0	0	0
Financial Costs	1 000	15 000	0
Financial Balance	−1 000	−15 000	0
Earnings Before Tax	580 000	34 000	256 000
Tax	129 000	9 000	53 000
Net Income	451 000	25 000	202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	15 000	15 000
Total Current Assets	1 401 000	615 000	605 000	1 000
Total Assets	1 401 000	615 000	620 000	16 000
Total Retained Equity	369 000	218 000	194 000	−9 000
Total Equity	399 000	243 000	218 000	16 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 002 000	372 000	402 000	0
Total Equity and Debt	1 401 000	615 000	620 000	16 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 213 000	2 481 000	1 626 000
Other Income	0	2 000	0
Revenue	4 213 000	2 483 000	1 626 000
Cost of Goods Sold	1 583 000	454 000	85 000
Salary Costs	1 348 000	1 658 000	1 159 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	3 632 000	2 434 000	1 371 000
Operating Profit	581 000	49 000	256 000
Financial Income	0	0	0
Financial Costs	1 000	15 000	0
Financial Balance	−1 000	−15 000	0
Dividends	300 000	0	0
Net Income	451 000	25 000	202 000

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	0	0	15 000	15 000
Total Fixed Assets	0	0	15 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	764 000	436 000	535 000	1 000
Total Current Assets	1 401 000	615 000	605 000	1 000
Total Assets	1 401 000	615 000	620 000	16 000
Total Equity	399 000	243 000	218 000	16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	50 000	11 000	26 000	0
Unpaid Taxes	328 000	203 000	212 000	0
Dividends	300 000	0	0	0
Other Current Debt	195 000	148 000	110 000	0
Total Current Debt	1 002 000	372 000	402 000	0
Total Equity and Debt	1 401 000	615 000	620 000	16 000

Financial indicators	2022	2021	2020	2019
Return on Equity	113,03 %	10,29 %	92,66 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,79 %	1,97 %	15,74 %	-
Current Ratio	1,4	1,65	1,5	-
Quick Ratio	1,4	1,65	1,5	-
Equity Ratio	0,28	0,4	0,35	1
Gross Profit Margin	62,43 %	81,72 %	94,77 %	-