MARTIN GRIMSHAVE AS

0689 OSLO

Finances

Share Ownership

Return on Equity

55,71 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	41 911 000	47 300 000	32 723 000
Net Income	161 000	−236 000	−137 000
Total Assets	4 701 000	3 999 000	4 626 000
Total Equity	289 000	128 000	363 000

Income (NOK)	2022	2021	2020
Revenue	41 911 000	47 300 000	32 723 000
Expenditure	41 756 000	47 536 000	32 859 000
Operating Profit	155 000	−236 000	−137 000
Financial Income	6 000	0	1 000
Financial Costs	0	0	0
Financial Balance	6 000	0	1 000
Earnings Before Tax	161 000	−236 000	−137 000
Tax	0	0	0
Net Income	161 000	−236 000	−137 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	165 000	130 000	49 000
Total Current Assets	4 536 000	3 869 000	4 578 000
Total Assets	4 701 000	3 999 000	4 626 000
Total Retained Equity	−211 000	−372 000	−137 000
Total Equity	289 000	128 000	363 000
Total Long-Term Debt	0	0	0
Total Current Debt	4 412 000	3 872 000	4 263 000
Total Equity and Debt	4 701 000	3 999 000	4 626 000

Cash flow (NOK)	2022	2021	2020
Sales Income	40 809 000	46 461 000	32 208 000
Other Income	1 102 000	840 000	515 000
Revenue	41 911 000	47 300 000	32 723 000
Cost of Goods Sold	34 751 000	39 695 000	27 390 000
Salary Costs	2 971 000	2 924 000	1 986 000
Depreciation	36 000	14 000	2 000
Impairment	0	0	0
Expenditure	41 756 000	47 536 000	32 859 000
Operating Profit	155 000	−236 000	−137 000
Financial Income	6 000	0	1 000
Financial Costs	0	0	0
Financial Balance	6 000	0	1 000
Dividends	0	0	0
Net Income	161 000	−236 000	−137 000

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	165 000	130 000	49 000
Total Tangible Assets	165 000	130 000	49 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	165 000	130 000	49 000
Stock	3 266 000	2 539 000	2 710 000
Total Investments	0	0	0
Cash, Bank	1 068 000	975 000	1 562 000
Total Current Assets	4 536 000	3 869 000	4 578 000
Total Assets	4 701 000	3 999 000	4 626 000
Total Equity	289 000	128 000	363 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	3 513 000	2 951 000	3 399 000
Unpaid Taxes	206 000	152 000	197 000
Dividends	0	0	0
Other Current Debt	693 000	768 000	667 000
Total Current Debt	4 412 000	3 872 000	4 263 000
Total Equity and Debt	4 701 000	3 999 000	4 626 000

Financial indicators	2022	2021	2020
Return on Equity	55,71 %	−184,38 %	−37,74 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	0,37 %	−0,5 %	−0,42 %
Current Ratio	1,03	1	1,07
Quick Ratio	3,96	2,9	2,95
Equity Ratio	0,06	0,03	0,08
Gross Profit Margin	17,08 %	16,08 %	16,3 %