STIFTELSEN GRID-ARENDAL

4836 ARENDAL

Finances

Return on Equity

−22,39 %

Current Ratio

0,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 746 000	72 224 000	63 247 000	67 917 000
Net Income	−3 002 000	2 658 000	1 274 000	1 467 000
Total Assets	43 935 000	53 103 000	45 828 000	46 516 000
Total Equity	13 408 000	16 410 000	13 751 000	12 478 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 746 000	72 224 000	63 247 000	67 917 000
Expenditure	73 539 000	70 837 000	61 503 000	66 102 000
Operating Profit	−3 793 000	1 386 000	1 743 000	1 815 000
Financial Income	1 202 000	1 585 000	1 246 000	1 149 000
Financial Costs	411 000	313 000	1 716 000	1 496 000
Financial Balance	791 000	1 272 000	−470 000	−347 000
Earnings Before Tax	−3 002 000	2 658 000	1 274 000	1 467 000
Tax	0	0	0	0
Net Income	−3 002 000	2 658 000	1 274 000	1 467 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 323 000	17 318 000	17 025 000	17 057 000
Total Current Assets	26 612 000	35 784 000	28 803 000	29 459 000
Total Assets	43 935 000	53 103 000	45 828 000	46 516 000
Total Retained Equity	12 908 000	15 910 000	13 251 000	11 978 000
Total Equity	13 408 000	16 410 000	13 751 000	12 478 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 527 000	36 693 000	32 077 000	34 038 000
Total Equity and Debt	43 935 000	53 103 000	45 828 000	46 516 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 746 000	72 224 000	63 247 000	67 917 000
Other Income	0	0	0	0
Revenue	69 746 000	72 224 000	63 247 000	67 917 000
Cost of Goods Sold	15 152 000	22 655 000	17 136 000	17 751 000
Salary Costs	42 567 000	37 725 000	34 251 000	30 141 000
Depreciation	51 000	34 000	31 000	31 000
Impairment	0	0	0	0
Expenditure	73 539 000	70 837 000	61 503 000	66 102 000
Operating Profit	−3 793 000	1 386 000	1 743 000	1 815 000
Financial Income	1 202 000	1 585 000	1 246 000	1 149 000
Financial Costs	411 000	313 000	1 716 000	1 496 000
Financial Balance	791 000	1 272 000	−470 000	−347 000
Dividends	0	0	0	0
Net Income	−3 002 000	2 658 000	1 274 000	1 467 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	276 000	282 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	24 000	13 000	45 000
Total Tangible Assets	291 000	306 000	13 000	45 000
Total Fiancial Fixed Assets	17 032 000	17 012 000	17 012 000	17 012 000
Total Fixed Assets	17 323 000	17 318 000	17 025 000	17 057 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	23 603 000	29 257 000	25 845 000	24 969 000
Total Current Assets	26 612 000	35 784 000	28 803 000	29 459 000
Total Assets	43 935 000	53 103 000	45 828 000	46 516 000
Total Equity	13 408 000	16 410 000	13 751 000	12 478 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 748 000	1 673 000	993 000	1 246 000
Unpaid Taxes	2 185 000	2 026 000	1 971 000	1 638 000
Dividends	0	0	0	0
Other Current Debt	25 594 000	32 994 000	29 113 000	31 155 000
Total Current Debt	30 527 000	36 693 000	32 077 000	34 038 000
Total Equity and Debt	43 935 000	53 103 000	45 828 000	46 516 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,39 %	16,2 %	9,26 %	11,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,44 %	1,92 %	2,76 %	2,67 %
Current Ratio	0,87	0,98	0,9	0,87
Quick Ratio	0,87	0,98	0,9	0,87
Equity Ratio	0,31	0,31	0,3	0,27
Gross Profit Margin	78,28 %	68,63 %	72,91 %	73,86 %