GRIMSØEN ENTREPRENØR AS

1763 HALDEN

Finances

Share Ownership

Return on Equity

−84,75 %

Current Ratio

0,74

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020
Revenue	7 661 000	5 910 000	1 564 000
Net Income	−200 000	244 000	167 000
Total Assets	2 520 000	1 253 000	626 000
Total Equity	236 000	436 000	192 000

Income (NOK)	2022	2021	2020
Revenue	7 661 000	5 910 000	1 564 000
Expenditure	7 819 000	5 571 000	1 351 000
Operating Profit	−158 000	338 000	213 000
Financial Income	0	0	0
Financial Costs	54 000	23 000	0
Financial Balance	−54 000	−23 000	0
Earnings Before Tax	−212 000	315 000	213 000
Tax	−12 000	70 000	46 000
Net Income	−200 000	244 000	167 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	991 000	633 000	85 000
Total Current Assets	1 529 000	620 000	540 000
Total Assets	2 520 000	1 253 000	626 000
Total Retained Equity	212 000	412 000	167 000
Total Equity	236 000	436 000	192 000
Total Long-Term Debt	215 000	57 000	6 000
Total Current Debt	2 069 000	760 000	428 000
Total Equity and Debt	2 520 000	1 253 000	626 000

Cash flow (NOK)	2022	2021	2020
Sales Income	7 661 000	5 905 000	1 564 000
Other Income	0	5 000	0
Revenue	7 661 000	5 910 000	1 564 000
Cost of Goods Sold	4 429 000	3 698 000	1 077 000
Salary Costs	700 000	5 000	0
Depreciation	102 000	44 000	0
Impairment	0	0	0
Expenditure	7 819 000	5 571 000	1 351 000
Operating Profit	−158 000	338 000	213 000
Financial Income	0	0	0
Financial Costs	54 000	23 000	0
Financial Balance	−54 000	−23 000	0
Dividends	0	0	0
Net Income	−200 000	244 000	167 000

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	387 000	0	0
Fixtures	0	334 000	85 000
Total Tangible Assets	387 000	334 000	85 000
Total Fiancial Fixed Assets	604 000	299 000	0
Total Fixed Assets	991 000	633 000	85 000
Stock	105 000	0	0
Total Investments	0	0	0
Cash, Bank	22 000	0	199 000
Total Current Assets	1 529 000	620 000	540 000
Total Assets	2 520 000	1 253 000	626 000
Total Equity	236 000	436 000	192 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	215 000	57 000	6 000
Creditors	1 911 000	583 000	367 000
Unpaid Taxes	64 000	25 000	0
Dividends	0	0	0
Other Current Debt	64 000	18 000	21 000
Total Current Debt	2 069 000	760 000	428 000
Total Equity and Debt	2 520 000	1 253 000	626 000

Financial indicators	2022	2021	2020
Return on Equity	−84,75 %	55,96 %	86,98 %
Debt-to-Equity Ratio	0,91	0,13	0,03
Operating Profit Margin	−2,06 %	5,72 %	13,62 %
Current Ratio	0,74	0,82	1,26
Quick Ratio	0,78	0,82	1,26
Equity Ratio	0,09	0,35	0,31
Gross Profit Margin	42,19 %	37,43 %	31,14 %