GREENITIVES NORWAY AS

5440 MOSTERHAMN

Finances

Return on Equity

−87,06 %

Current Ratio

1,23

Debt-to-Equity Ratio

6,17

Key figures (NOK)	2022	2021	2020
Revenue	1 545 000	325 000	650 000
Net Income	−6 049 000	−453 000	−290 000
Total Assets	56 525 000	22 233 000	709 000
Total Equity	6 948 000	−203 000	−50 000

Income (NOK)	2022	2021	2020
Revenue	1 545 000	325 000	650 000
Expenditure	6 601 000	609 000	940 000
Operating Profit	−4 862 000	−284 000	−290 000
Financial Income	4 000	0	0
Financial Costs	1 191 000	169 000	0
Financial Balance	−1 187 000	−169 000	0
Earnings Before Tax	−6 049 000	−453 000	−290 000
Tax	0	0	0
Net Income	−6 049 000	−453 000	−290 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	48 294 000	11 925 000	0
Total Current Assets	8 231 000	10 308 000	709 000
Total Assets	56 525 000	22 233 000	709 000
Total Retained Equity	−6 852 000	−803 000	−350 000
Total Equity	6 948 000	−203 000	−50 000
Total Long-Term Debt	42 868 000	19 542 000	500 000
Total Current Debt	6 709 000	2 893 000	259 000
Total Equity and Debt	56 525 000	22 233 000	709 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 462 000	0	0
Other Income	83 000	325 000	650 000
Revenue	1 545 000	325 000	650 000
Cost of Goods Sold	391 000	4 000	0
Salary Costs	2 317 000	354 000	393 000
Depreciation	380 000	5 000	0
Impairment	0	0	0
Expenditure	6 601 000	609 000	940 000
Operating Profit	−4 862 000	−284 000	−290 000
Financial Income	4 000	0	0
Financial Costs	1 191 000	169 000	0
Financial Balance	−1 187 000	−169 000	0
Dividends	0	0	0
Net Income	−6 049 000	−453 000	−290 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	492 000	0	0
Real Eastate	14 393 000	0	0
Machinery and Plant Facilities	24 431 000	11 735 000	0
Fixtures	128 000	15 000	0
Total Tangible Assets	38 952 000	11 750 000	0
Total Fiancial Fixed Assets	8 851 000	175 000	0
Total Fixed Assets	48 294 000	11 925 000	0
Stock	3 250 000	0	0
Total Investments	0	8 821 000	0
Cash, Bank	2 422 000	466 000	709 000
Total Current Assets	8 231 000	10 308 000	709 000
Total Assets	56 525 000	22 233 000	709 000
Total Equity	6 948 000	−203 000	−50 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	42 868 000	19 542 000	500 000
Creditors	3 640 000	2 733 000	145 000
Unpaid Taxes	172 000	47 000	66 000
Dividends	0	0	0
Other Current Debt	2 897 000	113 000	48 000
Total Current Debt	6 709 000	2 893 000	259 000
Total Equity and Debt	56 525 000	22 233 000	709 000

Financial indicators	2022	2021	2020
Return on Equity	−87,06 %	223,15 %	580 %
Debt-to-Equity Ratio	6,17	−96,27	−10
Operating Profit Margin	−314,69 %	−87,38 %	−44,62 %
Current Ratio	1,23	3,56	2,74
Quick Ratio	2,38	3,56	2,74
Equity Ratio	0,12	−0,01	−0,07
Gross Profit Margin	74,69 %	98,77 %	100 %