GRUNN-SØR AS

4340 BRYNE

Finances

Share Ownership

Return on Equity

−57,14 %

Current Ratio

0,38

Debt-to-Equity Ratio

33,25

Key figures (NOK)	2022	2021	2020
Revenue	26 309 000	35 575 000	6 610 000
Net Income	−44 000	−8 649 000	84 000
Total Assets	7 189 000	18 601 000	18 699 000
Total Equity	77 000	10 000	1 084 000

Income (NOK)	2022	2021	2020
Revenue	26 309 000	35 575 000	6 610 000
Expenditure	26 140 000	46 405 000	6 485 000
Operating Profit	168 000	−10 831 000	125 000
Financial Income	29 000	1 000	0
Financial Costs	254 000	259 000	17 000
Financial Balance	−225 000	−258 000	−17 000
Earnings Before Tax	−57 000	−11 088 000	108 000
Tax	−12 000	−2 439 000	24 000
Net Income	−44 000	−8 649 000	84 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 445 000	10 651 000	13 685 000
Total Current Assets	1 744 000	7 950 000	5 014 000
Total Assets	7 189 000	18 601 000	18 699 000
Total Retained Equity	−513 000	−580 000	84 000
Total Equity	77 000	10 000	1 084 000
Total Long-Term Debt	2 560 000	7 097 000	10 241 000
Total Current Debt	4 552 000	11 494 000	7 374 000
Total Equity and Debt	7 189 000	18 601 000	18 699 000

Cash flow (NOK)	2022	2021	2020
Sales Income	25 864 000	35 141 000	6 610 000
Other Income	444 000	434 000	0
Revenue	26 309 000	35 575 000	6 610 000
Cost of Goods Sold	15 643 000	26 801 000	2 573 000
Salary Costs	4 699 000	10 290 000	2 373 000
Depreciation	2 132 000	2 939 000	251 000
Impairment	0	0	0
Expenditure	26 140 000	46 405 000	6 485 000
Operating Profit	168 000	−10 831 000	125 000
Financial Income	29 000	1 000	0
Financial Costs	254 000	259 000	17 000
Financial Balance	−225 000	−258 000	−17 000
Dividends	0	0	0
Net Income	−44 000	−8 649 000	84 000

Balance details (NOK)	2022	2021	2020
Goodwill	2 324 000	2 617 000	2 911 000
Total Intangible Assets	2 324 000	2 617 000	2 911 000
Real Eastate	0	0	0
Machinery and Plant Facilities	3 115 000	0	0
Fixtures	0	8 034 000	10 774 000
Total Tangible Assets	3 115 000	8 034 000	10 774 000
Total Fiancial Fixed Assets	7 000	0	0
Total Fixed Assets	5 445 000	10 651 000	13 685 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	300 000	228 000	554 000
Total Current Assets	1 744 000	7 950 000	5 014 000
Total Assets	7 189 000	18 601 000	18 699 000
Total Equity	77 000	10 000	1 084 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 560 000	7 097 000	10 241 000
Creditors	943 000	2 060 000	2 752 000
Unpaid Taxes	720 000	510 000	614 000
Dividends	0	0	0
Other Current Debt	2 888 000	5 795 000	4 008 000
Total Current Debt	4 552 000	11 494 000	7 374 000
Total Equity and Debt	7 189 000	18 601 000	18 699 000

Financial indicators	2022	2021	2020
Return on Equity	−57,14 %	−86 490 %	7,75 %
Debt-to-Equity Ratio	33,25	709,7	9,45
Operating Profit Margin	0,64 %	−30,45 %	1,89 %
Current Ratio	0,38	0,69	0,68
Quick Ratio	0,38	0,69	0,68
Equity Ratio	0,01	0	0,06
Gross Profit Margin	40,54 %	24,66 %	61,07 %