GRK ARENA AS

2836 BIRI

Finances

Share Ownership

Return on Equity

19,65 %

Current Ratio

0,44

Debt-to-Equity Ratio

−0,65

Key figures (NOK)	2022	2021	2020
Revenue	4 118 000	2 134 000	1 324 000
Net Income	−34 000	−189 000	27 000
Total Assets	501 000	548 000	331 000
Total Equity	−173 000	−139 000	50 000

Income (NOK)	2022	2021	2020
Revenue	4 118 000	2 134 000	1 324 000
Expenditure	4 146 000	2 369 000	1 284 000
Operating Profit	−29 000	−234 000	40 000
Financial Income	0	0	0
Financial Costs	8 000	2 000	2 000
Financial Balance	−8 000	−2 000	−2 000
Earnings Before Tax	−37 000	−237 000	38 000
Tax	−3 000	−48 000	11 000
Net Income	−34 000	−189 000	27 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	255 000	287 000	210 000
Total Current Assets	245 000	260 000	122 000
Total Assets	501 000	548 000	331 000
Total Retained Equity	−196 000	−162 000	27 000
Total Equity	−173 000	−139 000	50 000
Total Long-Term Debt	112 000	162 000	199 000
Total Current Debt	562 000	525 000	82 000
Total Equity and Debt	501 000	548 000	331 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 281 000	2 134 000	1 306 000
Other Income	836 000	0	18 000
Revenue	4 118 000	2 134 000	1 324 000
Cost of Goods Sold	924 000	310 000	31 000
Salary Costs	1 083 000	335 000	0
Depreciation	64 000	49 000	15 000
Impairment	0	0	0
Expenditure	4 146 000	2 369 000	1 284 000
Operating Profit	−29 000	−234 000	40 000
Financial Income	0	0	0
Financial Costs	8 000	2 000	2 000
Financial Balance	−8 000	−2 000	−2 000
Dividends	0	0	0
Net Income	−34 000	−189 000	27 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	40 000	48 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	215 000	239 000	210 000
Total Tangible Assets	215 000	239 000	210 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	255 000	287 000	210 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	123 000	224 000	119 000
Total Current Assets	245 000	260 000	122 000
Total Assets	501 000	548 000	331 000
Total Equity	−173 000	−139 000	50 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	112 000	162 000	199 000
Creditors	195 000	117 000	12 000
Unpaid Taxes	64 000	142 000	63 000
Dividends	0	0	0
Other Current Debt	303 000	265 000	8 000
Total Current Debt	562 000	525 000	82 000
Total Equity and Debt	501 000	548 000	331 000

Financial indicators	2022	2021	2020
Return on Equity	19,65 %	135,97 %	54 %
Debt-to-Equity Ratio	−0,65	−1,17	3,98
Operating Profit Margin	−0,7 %	−10,97 %	3,02 %
Current Ratio	0,44	0,5	1,49
Quick Ratio	0,44	0,5	1,49
Equity Ratio	−0,35	−0,25	0,15
Gross Profit Margin	77,56 %	85,47 %	97,66 %