GREEN NORWAY AS

4878 GRIMSTAD

Finances

Return on Equity

−51,9 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020
Revenue	29 587 000	10 238 000	698 000
Net Income	−2 387 000	−2 746 000	−202 000
Total Assets	13 910 000	9 646 000	831 000
Total Equity	4 599 000	1 476 000	−172 000

Income (NOK)	2022	2021	2020
Revenue	29 587 000	10 238 000	698 000
Expenditure	32 628 000	13 800 000	900 000
Operating Profit	−3 041 000	−3 561 000	−202 000
Financial Income	1 000	1 000	0
Financial Costs	16 000	18 000	0
Financial Balance	−15 000	−17 000	0
Earnings Before Tax	−3 056 000	−3 578 000	−202 000
Tax	−669 000	−832 000	0
Net Income	−2 387 000	−2 746 000	−202 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 698 000	2 074 000	0
Total Current Assets	11 212 000	7 571 000	831 000
Total Assets	13 910 000	9 646 000	831 000
Total Retained Equity	−5 335 000	−2 948 000	−202 000
Total Equity	4 599 000	1 476 000	−172 000
Total Long-Term Debt	1 826 000	1 810 000	300 000
Total Current Debt	7 484 000	6 360 000	703 000
Total Equity and Debt	13 910 000	9 646 000	831 000

Cash flow (NOK)	2022	2021	2020
Sales Income	29 587 000	10 238 000	698 000
Other Income	0	0	0
Revenue	29 587 000	10 238 000	698 000
Cost of Goods Sold	24 953 000	8 114 000	2 000
Salary Costs	5 361 000	3 087 000	344 000
Depreciation	188 000	0	0
Impairment	0	0	0
Expenditure	32 628 000	13 800 000	900 000
Operating Profit	−3 041 000	−3 561 000	−202 000
Financial Income	1 000	1 000	0
Financial Costs	16 000	18 000	0
Financial Balance	−15 000	−17 000	0
Dividends	0	0	0
Net Income	−2 387 000	−2 746 000	−202 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	2 536 000	2 039 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	127 000	0	0
Fixtures	0	0	0
Total Tangible Assets	127 000	0	0
Total Fiancial Fixed Assets	36 000	36 000	0
Total Fixed Assets	2 698 000	2 074 000	0
Stock	16 000	135 000	0
Total Investments	0	0	0
Cash, Bank	5 155 000	3 805 000	798 000
Total Current Assets	11 212 000	7 571 000	831 000
Total Assets	13 910 000	9 646 000	831 000
Total Equity	4 599 000	1 476 000	−172 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 826 000	1 810 000	300 000
Creditors	5 641 000	4 178 000	601 000
Unpaid Taxes	674 000	206 000	59 000
Dividends	0	0	0
Other Current Debt	1 170 000	1 975 000	44 000
Total Current Debt	7 484 000	6 360 000	703 000
Total Equity and Debt	13 910 000	9 646 000	831 000

Financial indicators	2022	2021	2020
Return on Equity	−51,9 %	−186,04 %	117,44 %
Debt-to-Equity Ratio	0,4	1,23	−1,74
Operating Profit Margin	−10,28 %	−34,78 %	−28,94 %
Current Ratio	1,5	1,19	1,18
Quick Ratio	1,5	1,22	1,18
Equity Ratio	0,33	0,15	−0,21
Gross Profit Margin	15,66 %	20,75 %	99,71 %