GRANTS4SME AS

3085 HOLMESTRAND

Finances

Share Ownership

Return on Equity

2,02 %

Current Ratio

0,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	213 000	401 000	160 000	133 000
Net Income	51 000	217 000	11 000	14 000
Total Assets	3 280 000	3 697 000	2 075 000	561 000
Total Equity	2 531 000	266 000	49 000	38 000

Income (NOK)	2022	2021	2020	2019
Revenue	213 000	401 000	160 000	133 000
Expenditure	242 000	476 000	700 000	410 000
Operating Profit	81 000	250 000	38 000	24 000
Financial Income	1 000	0	1 000	0
Financial Costs	32 000	33 000	27 000	10 000
Financial Balance	−31 000	−33 000	−26 000	−10 000
Earnings Before Tax	51 000	217 000	11 000	14 000
Tax	0	0	0	0
Net Income	51 000	217 000	11 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 933 000	2 874 000	1 455 000	84 000
Total Current Assets	346 000	822 000	619 000	477 000
Total Assets	3 280 000	3 697 000	2 075 000	561 000
Total Retained Equity	292 000	241 000	25 000	14 000
Total Equity	2 531 000	266 000	49 000	38 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	748 000	3 431 000	2 025 000	523 000
Total Equity and Debt	3 280 000	3 697 000	2 075 000	561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	213 000	401 000	160 000	133 000
Other Income	0	0	0	0
Revenue	213 000	401 000	160 000	133 000
Cost of Goods Sold	0	0	0	0
Salary Costs	104 000	327 000	401 000	232 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	242 000	476 000	700 000	410 000
Operating Profit	81 000	250 000	38 000	24 000
Financial Income	1 000	0	1 000	0
Financial Costs	32 000	33 000	27 000	10 000
Financial Balance	−31 000	−33 000	−26 000	−10 000
Dividends	0	0	0	0
Net Income	51 000	217 000	11 000	14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 933 000	2 874 000	1 455 000	84 000
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	2 933 000	2 874 000	1 455 000	84 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	124 000	79 000	87 000
Total Current Assets	346 000	822 000	619 000	477 000
Total Assets	3 280 000	3 697 000	2 075 000	561 000
Total Equity	2 531 000	266 000	49 000	38 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	101 000	1 187 000	125 000	3 000
Unpaid Taxes	7 000	12 000	43 000	37 000
Dividends	0	0	0	0
Other Current Debt	40 000	1 562 000	1 215 000	49 000
Total Current Debt	748 000	3 431 000	2 025 000	523 000
Total Equity and Debt	3 280 000	3 697 000	2 075 000	561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,02 %	81,58 %	22,45 %	36,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	38,03 %	62,34 %	23,75 %	18,05 %
Current Ratio	0,46	0,24	0,31	0,91
Quick Ratio	0,46	0,24	0,31	0,91
Equity Ratio	0,77	0,07	0,02	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %