GRICON AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

56,9 %

Current Ratio

2,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	323 000	186 000	213 000
Net Income	165 000	63 000	62 000
Total Assets	439 000	273 000	211 000
Total Equity	290 000	224 000	162 000

Income (NOK)	2022	2021	2020
Revenue	323 000	186 000	213 000
Expenditure	111 000	105 000	134 000
Operating Profit	212 000	80 000	79 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	212 000	80 000	79 000
Tax	47 000	18 000	17 000
Net Income	165 000	63 000	62 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 000	7 000	12 000
Total Current Assets	437 000	266 000	198 000
Total Assets	439 000	273 000	211 000
Total Retained Equity	190 000	124 000	62 000
Total Equity	290 000	224 000	162 000
Total Long-Term Debt	0	2 000	3 000
Total Current Debt	149 000	47 000	46 000
Total Equity and Debt	439 000	273 000	211 000

Cash flow (NOK)	2022	2021	2020
Sales Income	323 000	186 000	213 000
Other Income	0	0	0
Revenue	323 000	186 000	213 000
Cost of Goods Sold	0	0	0
Salary Costs	6 000	5 000	6 000
Depreciation	5 000	5 000	5 000
Impairment	0	0	0
Expenditure	111 000	105 000	134 000
Operating Profit	212 000	80 000	79 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	100 000	0	0
Net Income	165 000	63 000	62 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	2 000	7 000	12 000
Total Tangible Assets	2 000	7 000	12 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 000	7 000	12 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	372 000	228 000	161 000
Total Current Assets	437 000	266 000	198 000
Total Assets	439 000	273 000	211 000
Total Equity	290 000	224 000	162 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	2 000	3 000
Creditors	7 000	8 000	7 000
Unpaid Taxes	33 000	9 000	17 000
Dividends	100 000	0	0
Other Current Debt	62 000	11 000	11 000
Total Current Debt	149 000	47 000	46 000
Total Equity and Debt	439 000	273 000	211 000

Financial indicators	2022	2021	2020
Return on Equity	56,9 %	28,13 %	38,27 %
Debt-to-Equity Ratio	0	0,01	0,02
Operating Profit Margin	65,63 %	43,01 %	37,09 %
Current Ratio	2,93	5,66	4,3
Quick Ratio	2,93	5,66	4,3
Equity Ratio	0,66	0,82	0,77
Gross Profit Margin	100 %	100 %	100 %