GREENFOX MARINE AS

7502 STJØRDAL

Finances

Share Ownership

Return on Equity

−12 %

Current Ratio

0,47

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020
Revenue	2 443 000	2 353 000	750 000
Net Income	−1 190 000	−834 000	−87 000
Total Assets	16 108 000	10 052 000	700 000
Total Equity	9 920 000	5 110 000	−57 000

Income (NOK)	2022	2021	2020
Revenue	2 443 000	2 353 000	750 000
Expenditure	3 364 000	3 050 000	828 000
Operating Profit	−921 000	−696 000	−78 000
Financial Income	0	0	0
Financial Costs	269 000	137 000	9 000
Financial Balance	−269 000	−137 000	−9 000
Earnings Before Tax	−1 190 000	−834 000	−87 000
Tax	0	0	0
Net Income	−1 190 000	−834 000	−87 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	14 874 000	6 405 000	568 000
Total Current Assets	1 234 000	3 647 000	132 000
Total Assets	16 108 000	10 052 000	700 000
Total Retained Equity	0	0	−87 000
Total Equity	9 920 000	5 110 000	−57 000
Total Long-Term Debt	3 561 000	3 066 000	250 000
Total Current Debt	2 628 000	1 876 000	507 000
Total Equity and Debt	16 108 000	10 052 000	700 000

Cash flow (NOK)	2022	2021	2020
Sales Income	63 000	2 353 000	750 000
Other Income	2 380 000	0	0
Revenue	2 443 000	2 353 000	750 000
Cost of Goods Sold	2 906 000	2 751 000	607 000
Salary Costs	103 000	0	0
Depreciation	19 000	15 000	6 000
Impairment	0	0	0
Expenditure	3 364 000	3 050 000	828 000
Operating Profit	−921 000	−696 000	−78 000
Financial Income	0	0	0
Financial Costs	269 000	137 000	9 000
Financial Balance	−269 000	−137 000	−9 000
Dividends	0	0	0
Net Income	−1 190 000	−834 000	−87 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	14 792 000	6 382 000	529 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	82 000	24 000	38 000
Total Tangible Assets	82 000	24 000	38 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	14 874 000	6 405 000	568 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	378 000	2 921 000	60 000
Total Current Assets	1 234 000	3 647 000	132 000
Total Assets	16 108 000	10 052 000	700 000
Total Equity	9 920 000	5 110 000	−57 000
Short-Term Group Debt	0	0	16 000
Total Long-Term Debt	3 561 000	3 066 000	250 000
Creditors	2 430 000	1 739 000	491 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	198 000	137 000	0
Total Current Debt	2 628 000	1 876 000	507 000
Total Equity and Debt	16 108 000	10 052 000	700 000

Financial indicators	2022	2021	2020
Return on Equity	−12 %	−16,32 %	152,63 %
Debt-to-Equity Ratio	0,36	0,6	−4,39
Operating Profit Margin	−37,7 %	−29,58 %	−10,4 %
Current Ratio	0,47	1,94	0,26
Quick Ratio	0,47	1,94	0,26
Equity Ratio	0,62	0,51	−0,08
Gross Profit Margin	−18,95 %	−16,91 %	19,07 %