GRIEG STAR AS

5004 BERGEN

Finances

Share Ownership

Return on Equity

60,66 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,48

Key figures (USD)	2022	2021	2020	2019
Revenue	9 337 000	8 253 000	6 592 000	8 425 000
Net Income	296 000	295 000	215 000	375 000
Total Assets	2 748 000	2 030 000	2 418 000	2 045 000
Total Equity	488 000	571 000	488 000	378 000

Income (USD)	2022	2021	2020	2019
Revenue	9 337 000	8 253 000	6 592 000	8 425 000
Expenditure	8 287 000	7 737 000	6 241 000	7 683 000
Operating Profit	1 050 000	516 000	352 000	743 000
Financial Income	16 000	11 000	11 000	74 000
Financial Costs	674 000	139 000	92 000	351 000
Financial Balance	−658 000	−128 000	−81 000	−277 000
Earnings Before Tax	392 000	388 000	271 000	466 000
Tax	96 000	93 000	56 000	91 000
Net Income	296 000	295 000	215 000	375 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	463 000	469 000	437 000	487 000
Total Current Assets	2 285 000	1 561 000	1 981 000	1 557 000
Total Assets	2 748 000	2 030 000	2 418 000	2 045 000
Total Retained Equity	372 000	455 000	372 000	262 000
Total Equity	488 000	571 000	488 000	378 000
Total Long-Term Debt	235 000	165 000	312 000	435 000
Total Current Debt	2 025 000	1 294 000	1 618 000	1 232 000
Total Equity and Debt	2 748 000	2 030 000	2 418 000	2 045 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	9 086 000	7 971 000	6 311 000	8 204 000
Other Income	251 000	282 000	281 000	221 000
Revenue	9 337 000	8 253 000	6 592 000	8 425 000
Cost of Goods Sold	0	4 869 000	4 105 000	4 510 000
Salary Costs	5 279 000	2 852 000	2 119 000	3 157 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 287 000	7 737 000	6 241 000	7 683 000
Operating Profit	1 050 000	516 000	352 000	743 000
Financial Income	16 000	11 000	11 000	74 000
Financial Costs	674 000	139 000	92 000	351 000
Financial Balance	−658 000	−128 000	−81 000	−277 000
Dividends	0	0	0	0
Net Income	296 000	295 000	215 000	375 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 000	52 000	86 000	112 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	16 000	33 000
Total Tangible Assets	0	0	16 000	33 000
Total Fiancial Fixed Assets	400 000	417 000	335 000	343 000
Total Fixed Assets	463 000	469 000	437 000	487 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	509 000	346 000	245 000	201 000
Total Current Assets	2 285 000	1 561 000	1 981 000	1 557 000
Total Assets	2 748 000	2 030 000	2 418 000	2 045 000
Total Equity	488 000	571 000	488 000	378 000
Short-Term Group Debt	606 000	304 000	591 000	312 000
Total Long-Term Debt	235 000	165 000	312 000	435 000
Creditors	5 000	35 000	46 000	14 000
Unpaid Taxes	1 053 000	603 000	0	537 000
Dividends	0	0	0	0
Other Current Debt	361 000	353 000	980 000	369 000
Total Current Debt	2 025 000	1 294 000	1 618 000	1 232 000
Total Equity and Debt	2 748 000	2 030 000	2 418 000	2 045 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,66 %	51,66 %	44,06 %	99,21 %
Debt-to-Equity Ratio	0,48	0,29	0,64	1,15
Operating Profit Margin	11,25 %	6,25 %	5,34 %	8,82 %
Current Ratio	1,13	1,21	1,22	1,26
Quick Ratio	1,13	1,21	1,22	1,26
Equity Ratio	0,18	0,28	0,2	0,18
Gross Profit Margin	100 %	41 %	37,73 %	46,47 %