GRAND DESIGN AS

1878 HÆRLAND

Finances

Share Ownership

Return on Equity

22,89 %

Current Ratio

0,57

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	790 000	1 312 000	0
Net Income	−38 000	−148 000	0
Total Assets	218 000	278 000	24 000
Total Equity	−166 000	−129 000	19 000

Income (NOK)	2022	2021
Revenue	790 000	1 312 000
Expenditure	826 000	1 451 000
Operating Profit	−36 000	−140 000
Financial Income	1 000	0
Financial Costs	2 000	8 000
Financial Balance	−1 000	−8 000
Earnings Before Tax	−38 000	−148 000
Tax	0	0
Net Income	−38 000	−148 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	218 000	278 000	24 000
Total Assets	218 000	278 000	24 000
Total Retained Equity	−186 000	−148 000	0
Total Equity	−166 000	−129 000	19 000
Total Long-Term Debt	0	0	0
Total Current Debt	384 000	407 000	5 000
Total Equity and Debt	218 000	278 000	24 000

Cash flow (NOK)	2022	2021
Sales Income	790 000	1 261 000
Other Income	0	51 000
Revenue	790 000	1 312 000
Cost of Goods Sold	584 000	953 000
Salary Costs	96 000	319 000
Depreciation	0	0
Impairment	0	0
Expenditure	826 000	1 451 000
Operating Profit	−36 000	−140 000
Financial Income	1 000	0
Financial Costs	2 000	8 000
Financial Balance	−1 000	−8 000
Dividends	0	0
Net Income	−38 000	−148 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	183 000	201 000	0
Total Investments	0	0	0
Cash, Bank	17 000	22 000	24 000
Total Current Assets	218 000	278 000	24 000
Total Assets	218 000	278 000	24 000
Total Equity	−166 000	−129 000	19 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	102 000	149 000	0
Unpaid Taxes	16 000	54 000	0
Dividends	0	0	0
Other Current Debt	266 000	204 000	5 000
Total Current Debt	384 000	407 000	5 000
Total Equity and Debt	218 000	278 000	24 000

Financial indicators	2022	2021	2020
Return on Equity	22,89 %	114,73 %	0 %
Debt-to-Equity Ratio	−0	−0	0
Operating Profit Margin	−4,56 %	−10,67 %	-
Current Ratio	0,57	0,68	4,8
Quick Ratio	1,08	1,35	4,8
Equity Ratio	−0,76	−0,46	0,79
Gross Profit Margin	26,08 %	27,36 %	-