GRACE AS

0370 OSLO

Finances

Share Ownership

Return on Equity

11,43 %

Current Ratio

3,59

Debt-to-Equity Ratio

1,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 135 000	1 994 000	1 300 000	3 161 000
Net Income	820 000	−1 448 000	−1 735 000	−1 528 000
Total Assets	21 317 000	17 787 000	14 012 000	13 773 000
Total Equity	7 175 000	6 355 000	7 803 000	9 538 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 135 000	1 994 000	1 300 000	3 161 000
Expenditure	1 748 000	3 635 000	3 382 000	5 026 000
Operating Profit	1 387 000	−1 641 000	−2 081 000	−1 866 000
Financial Income	16 000	0	0	1 000
Financial Costs	352 000	216 000	144 000	94 000
Financial Balance	−336 000	−216 000	−144 000	−93 000
Earnings Before Tax	1 051 000	−1 856 000	−2 225 000	−1 959 000
Tax	231 000	−408 000	−489 000	−431 000
Net Income	820 000	−1 448 000	−1 735 000	−1 528 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 596 000	16 515 000	13 526 000	13 225 000
Total Current Assets	1 721 000	1 272 000	486 000	548 000
Total Assets	21 317 000	17 787 000	14 012 000	13 773 000
Total Retained Equity	−23 025 000	−23 845 000	−22 397 000	−20 662 000
Total Equity	7 175 000	6 355 000	7 803 000	9 538 000
Total Long-Term Debt	13 662 000	11 278 000	5 893 000	3 751 000
Total Current Debt	480 000	153 000	315 000	483 000
Total Equity and Debt	21 317 000	17 787 000	14 012 000	13 773 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 092 000	636 000	421 000	1 224 000
Other Income	2 043 000	1 358 000	879 000	1 936 000
Revenue	3 135 000	1 994 000	1 300 000	3 161 000
Cost of Goods Sold	644 000	397 000	266 000	668 000
Salary Costs	564 000	621 000	690 000	1 157 000
Depreciation	−2 323 000	849 000	789 000	778 000
Impairment	0	0	0	0
Expenditure	1 748 000	3 635 000	3 382 000	5 026 000
Operating Profit	1 387 000	−1 641 000	−2 081 000	−1 866 000
Financial Income	16 000	0	0	1 000
Financial Costs	352 000	216 000	144 000	94 000
Financial Balance	−336 000	−216 000	−144 000	−93 000
Dividends	0	0	0	0
Net Income	820 000	−1 448 000	−1 735 000	−1 528 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 481 000	6 713 000	6 304 000	5 815 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	45 000	70 000	129 000	189 000
Total Tangible Assets	13 114 000	9 803 000	7 222 000	7 410 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 596 000	16 515 000	13 526 000	13 225 000
Stock	109 000	107 000	105 000	79 000
Total Investments	0	0	0	0
Cash, Bank	1 487 000	748 000	246 000	331 000
Total Current Assets	1 721 000	1 272 000	486 000	548 000
Total Assets	21 317 000	17 787 000	14 012 000	13 773 000
Total Equity	7 175 000	6 355 000	7 803 000	9 538 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 662 000	11 278 000	5 893 000	3 751 000
Creditors	321 000	14 000	15 000	316 000
Unpaid Taxes	53 000	54 000	22 000	47 000
Dividends	0	0	0	0
Other Current Debt	106 000	86 000	278 000	119 000
Total Current Debt	480 000	153 000	315 000	483 000
Total Equity and Debt	21 317 000	17 787 000	14 012 000	13 773 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,43 %	−22,79 %	−22,24 %	−16,02 %
Debt-to-Equity Ratio	1,9	1,77	0,76	0,39
Operating Profit Margin	44,24 %	−82,3 %	−160,08 %	−59,03 %
Current Ratio	3,59	8,31	1,54	1,13
Quick Ratio	4,64	27,65	2,31	1,36
Equity Ratio	0,34	0,36	0,56	0,69
Gross Profit Margin	79,46 %	80,09 %	79,54 %	78,87 %