GRACE ASIATISK BUTIKK AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

54,58 %

Current Ratio

0,83

Debt-to-Equity Ratio

−0,96

Key figures (NOK)	2022	2021	2020
Revenue	2 672 000	3 094 000	1 223 000
Net Income	−292 000	−318 000	44 000
Total Assets	340 000	333 000	374 000
Total Equity	−535 000	−243 000	74 000

Income (NOK)	2022	2021	2020
Revenue	2 672 000	3 094 000	1 223 000
Expenditure	2 990 000	3 441 000	1 345 000
Operating Profit	−273 000	−317 000	61 000
Financial Income	0	11 000	4 000
Financial Costs	19 000	12 000	8 000
Financial Balance	−19 000	−1 000	−4 000
Earnings Before Tax	−292 000	−318 000	57 000
Tax	0	0	13 000
Net Income	−292 000	−318 000	44 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	38 000	51 000	44 000
Total Current Assets	302 000	282 000	330 000
Total Assets	340 000	333 000	374 000
Total Retained Equity	−565 000	−273 000	44 000
Total Equity	−535 000	−243 000	74 000
Total Long-Term Debt	511 000	18 000	0
Total Current Debt	365 000	559 000	300 000
Total Equity and Debt	340 000	333 000	374 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 672 000	3 093 000	1 223 000
Other Income	0	1 000	0
Revenue	2 672 000	3 094 000	1 223 000
Cost of Goods Sold	2 394 000	2 773 000	1 215 000
Salary Costs	325 000	384 000	35 000
Depreciation	10 000	13 000	11 000
Impairment	0	0	0
Expenditure	2 990 000	3 441 000	1 345 000
Operating Profit	−273 000	−317 000	61 000
Financial Income	0	11 000	4 000
Financial Costs	19 000	12 000	8 000
Financial Balance	−19 000	−1 000	−4 000
Dividends	0	0	0
Net Income	−292 000	−318 000	44 000

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	8 000	10 000	12 000
Fixtures	33 000	41 000	32 000
Total Tangible Assets	41 000	51 000	44 000
Total Fiancial Fixed Assets	−3 000	0	0
Total Fixed Assets	38 000	51 000	44 000
Stock	257 000	213 000	183 000
Total Investments	0	0	0
Cash, Bank	7 000	64 000	121 000
Total Current Assets	302 000	282 000	330 000
Total Assets	340 000	333 000	374 000
Total Equity	−535 000	−243 000	74 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	511 000	18 000	0
Creditors	116 000	246 000	218 000
Unpaid Taxes	24 000	67 000	8 000
Dividends	0	0	0
Other Current Debt	167 000	154 000	61 000
Total Current Debt	365 000	559 000	300 000
Total Equity and Debt	340 000	333 000	374 000

Financial indicators	2022	2021	2020
Return on Equity	54,58 %	130,86 %	59,46 %
Debt-to-Equity Ratio	−0,96	−0,07	0
Operating Profit Margin	−10,22 %	−10,25 %	4,99 %
Current Ratio	0,83	0,5	1,1
Quick Ratio	2,8	0,82	2,82
Equity Ratio	−1,57	−0,73	0,2
Gross Profit Margin	10,4 %	10,37 %	0,65 %