GRIEG EDGE AS

5004 BERGEN

Finances

Return on Equity

−5,15 %

Current Ratio

11,4

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020
Revenue	2 932 000	850 000	150 000
Net Income	−2 597 000	−7 298 000	−7 759 000
Total Assets	57 049 000	20 741 000	3 470 000
Total Equity	50 417 000	−15 027 000	−7 729 000

Income (NOK)	2022	2021	2020
Revenue	2 932 000	850 000	150 000
Expenditure	9 537 000	7 559 000	7 765 000
Operating Profit	−6 605 000	−6 709 000	−7 616 000
Financial Income	247 000	2 000	0
Financial Costs	184 000	591 000	143 000
Financial Balance	63 000	−589 000	−143 000
Earnings Before Tax	−6 543 000	−7 298 000	−7 759 000
Tax	−3 946 000	0	0
Net Income	−2 597 000	−7 298 000	−7 759 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	34 100 000	19 419 000	0
Total Current Assets	22 950 000	1 322 000	3 470 000
Total Assets	57 049 000	20 741 000	3 470 000
Total Retained Equity	−17 653 000	−15 057 000	−7 759 000
Total Equity	50 417 000	−15 027 000	−7 729 000
Total Long-Term Debt	4 619 000	14 561 000	0
Total Current Debt	2 014 000	21 207 000	11 199 000
Total Equity and Debt	57 049 000	20 741 000	3 470 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 932 000	850 000	150 000
Other Income	0	0	0
Revenue	2 932 000	850 000	150 000
Cost of Goods Sold	0	86 000	28 000
Salary Costs	6 047 000	5 578 000	3 551 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	9 537 000	7 559 000	7 765 000
Operating Profit	−6 605 000	−6 709 000	−7 616 000
Financial Income	247 000	2 000	0
Financial Costs	184 000	591 000	143 000
Financial Balance	63 000	−589 000	−143 000
Dividends	0	0	0
Net Income	−2 597 000	−7 298 000	−7 759 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	3 189 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	34 100 000	16 230 000	0
Total Fixed Assets	34 100 000	19 419 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 521 000	1 324 000	2 618 000
Total Current Assets	22 950 000	1 322 000	3 470 000
Total Assets	57 049 000	20 741 000	3 470 000
Total Equity	50 417 000	−15 027 000	−7 729 000
Short-Term Group Debt	0	18 814 000	0
Total Long-Term Debt	4 619 000	14 561 000	0
Creditors	155 000	1 042 000	273 000
Unpaid Taxes	1 457 000	803 000	0
Dividends	0	0	0
Other Current Debt	388 000	548 000	10 926 000
Total Current Debt	2 014 000	21 207 000	11 199 000
Total Equity and Debt	57 049 000	20 741 000	3 470 000

Financial indicators	2022	2021	2020
Return on Equity	−5,15 %	48,57 %	100,39 %
Debt-to-Equity Ratio	0,09	−0,97	−0
Operating Profit Margin	−225,27 %	−789,29 %	−5 077,33 %
Current Ratio	11,4	0,06	0,31
Quick Ratio	11,4	0,06	0,31
Equity Ratio	0,88	−0,72	−2,23
Gross Profit Margin	100 %	89,88 %	81,33 %