GRENSEN FYSIKALSKE INSTITUTT AS

0170 OSLO

Finances

Share Ownership

Return on Equity

−5,18 %

Current Ratio

17,36

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 176 000	1 879 000	1 686 000	1 208 000
Net Income	−483 000	1 641 000	711 000	204 000
Total Assets	10 543 000	10 965 000	9 137 000	8 359 000
Total Equity	9 329 000	9 812 000	8 171 000	7 460 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 176 000	1 879 000	1 686 000	1 208 000
Expenditure	1 551 000	1 301 000	1 214 000	1 094 000
Operating Profit	625 000	578 000	471 000	115 000
Financial Income	426 000	1 324 000	376 000	137 000
Financial Costs	1 396 000	125 000	24 000	0
Financial Balance	−970 000	1 199 000	352 000	137 000
Earnings Before Tax	−345 000	1 777 000	824 000	252 000
Tax	138 000	136 000	113 000	48 000
Net Income	−483 000	1 641 000	711 000	204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	57 000	82 000	117 000	167 000
Total Current Assets	10 486 000	10 883 000	9 020 000	8 192 000
Total Assets	10 543 000	10 965 000	9 137 000	8 359 000
Total Retained Equity	9 229 000	9 712 000	8 071 000	7 360 000
Total Equity	9 329 000	9 812 000	8 171 000	7 460 000
Total Long-Term Debt	610 000	610 000	610 000	657 000
Total Current Debt	604 000	543 000	356 000	242 000
Total Equity and Debt	10 543 000	10 965 000	9 137 000	8 359 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	147 000	96 000	139 000	131 000
Other Income	2 029 000	1 783 000	1 547 000	1 078 000
Revenue	2 176 000	1 879 000	1 686 000	1 208 000
Cost of Goods Sold	0	0	0	0
Salary Costs	917 000	756 000	615 000	516 000
Depreciation	25 000	35 000	50 000	72 000
Impairment	0	0	0	0
Expenditure	1 551 000	1 301 000	1 214 000	1 094 000
Operating Profit	625 000	578 000	471 000	115 000
Financial Income	426 000	1 324 000	376 000	137 000
Financial Costs	1 396 000	125 000	24 000	0
Financial Balance	−970 000	1 199 000	352 000	137 000
Dividends	0	0	0	0
Net Income	−483 000	1 641 000	711 000	204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	57 000	82 000	117 000	167 000
Total Tangible Assets	57 000	82 000	117 000	167 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	57 000	82 000	117 000	167 000
Stock	0	0	0	0
Total Investments	10 056 000	10 388 000	6 834 000	5 382 000
Cash, Bank	177 000	495 000	1 913 000	2 589 000
Total Current Assets	10 486 000	10 883 000	9 020 000	8 192 000
Total Assets	10 543 000	10 965 000	9 137 000	8 359 000
Total Equity	9 329 000	9 812 000	8 171 000	7 460 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	610 000	610 000	610 000	657 000
Creditors	40 000	27 000	24 000	20 000
Unpaid Taxes	135 000	136 000	139 000	72 000
Dividends	0	0	0	0
Other Current Debt	290 000	244 000	81 000	102 000
Total Current Debt	604 000	543 000	356 000	242 000
Total Equity and Debt	10 543 000	10 965 000	9 137 000	8 359 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,18 %	16,72 %	8,7 %	2,73 %
Debt-to-Equity Ratio	0,07	0,06	0,07	0,09
Operating Profit Margin	28,72 %	30,76 %	27,94 %	9,52 %
Current Ratio	17,36	20,04	25,34	33,85
Quick Ratio	17,36	20,04	25,34	33,85
Equity Ratio	0,88	0,89	0,89	0,89
Gross Profit Margin	100 %	100 %	100 %	100 %