GREENSTAT SOLAR SOLUTIONS AS

3271 LARVIK

Finances

Share Ownership

Return on Equity

419,76 %

Current Ratio

1,43

Debt-to-Equity Ratio

10,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 815 000	2 985 000	3 991 000	43 000
Net Income	3 186 000	249 000	614 000	−58 000
Total Assets	24 166 000	3 006 000	1 355 000	36 000
Total Equity	759 000	451 000	605 000	−9 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 815 000	2 985 000	3 991 000	43 000
Expenditure	30 506 000	2 648 000	3 188 000	119 000
Operating Profit	4 308 000	337 000	803 000	−76 000
Financial Income	456 000	20 000	0	0
Financial Costs	685 000	29 000	16 000	0
Financial Balance	−229 000	−9 000	−16 000	0
Earnings Before Tax	4 080 000	327 000	787 000	−76 000
Tax	893 000	78 000	173 000	−18 000
Net Income	3 186 000	249 000	614 000	−58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 243 000	52 000	137 000	18 000
Total Current Assets	21 923 000	2 953 000	1 218 000	18 000
Total Assets	24 166 000	3 006 000	1 355 000	36 000
Total Retained Equity	729 000	421 000	555 000	−58 000
Total Equity	759 000	451 000	605 000	−9 000
Total Long-Term Debt	8 107 000	1 400 000	2 000	0
Total Current Debt	15 300 000	1 155 000	748 000	45 000
Total Equity and Debt	24 166 000	3 006 000	1 355 000	36 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 815 000	2 985 000	3 830 000	43 000
Other Income	0	0	161 000	0
Revenue	34 815 000	2 985 000	3 991 000	43 000
Cost of Goods Sold	24 112 000	2 043 000	2 455 000	68 000
Salary Costs	1 001 000	104 000	311 000	0
Depreciation	213 000	19 000	5 000	0
Impairment	0	0	0	0
Expenditure	30 506 000	2 648 000	3 188 000	119 000
Operating Profit	4 308 000	337 000	803 000	−76 000
Financial Income	456 000	20 000	0	0
Financial Costs	685 000	29 000	16 000	0
Financial Balance	−229 000	−9 000	−16 000	0
Dividends	0	100 000	0	0
Net Income	3 186 000	249 000	614 000	−58 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	18 000
Real Eastate	0	0	137 000	0
Machinery and Plant Facilities	2 096 000	0	0	0
Fixtures	147 000	52 000	0	0
Total Tangible Assets	2 243 000	52 000	137 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 243 000	52 000	137 000	18 000
Stock	12 113 000	1 929 000	1 020 000	0
Total Investments	0	0	0	0
Cash, Bank	2 767 000	624 000	118 000	13 000
Total Current Assets	21 923 000	2 953 000	1 218 000	18 000
Total Assets	24 166 000	3 006 000	1 355 000	36 000
Total Equity	759 000	451 000	605 000	−9 000
Short-Term Group Debt	4 053 000	364 000	0	0
Total Long-Term Debt	8 107 000	1 400 000	2 000	0
Creditors	7 522 000	185 000	30 000	0
Unpaid Taxes	123 000	212 000	94 000	0
Dividends	0	100 000	0	0
Other Current Debt	3 602 000	394 000	471 000	45 000
Total Current Debt	15 300 000	1 155 000	748 000	45 000
Total Equity and Debt	24 166 000	3 006 000	1 355 000	36 000

Financial indicators	2022	2021	2020	2019
Return on Equity	419,76 %	55,21 %	101,49 %	644,44 %
Debt-to-Equity Ratio	10,68	3,1	0	−0
Operating Profit Margin	12,37 %	11,29 %	20,12 %	−176,74 %
Current Ratio	1,43	2,56	1,63	0,4
Quick Ratio	6,88	−3,82	−4,48	0,4
Equity Ratio	0,03	0,15	0,45	−0,25
Gross Profit Margin	30,74 %	31,56 %	38,49 %	−58,14 %