GRIND ENTREPRENØR AS

1580 RYGGE

Finances

Share Ownership

Return on Equity

81,76 %

Current Ratio

4,6

Debt-to-Equity Ratio

−31,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	354 000	15 000	339 000
Net Income	−269 000	119 000	−61 000	76 000
Total Assets	12 702 000	10 561 000	3 038 000	506 000
Total Equity	−329 000	−60 000	−179 000	−118 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	354 000	15 000	339 000
Expenditure	26 000	102 000	93 000	499 000
Operating Profit	−26 000	252 000	−78 000	−160 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	320 000	101 000	1 000	2 000
Financial Balance	−318 000	−100 000	−1 000	−1 000
Earnings Before Tax	−344 000	152 000	−78 000	−161 000
Tax	−76 000	33 000	−17 000	−237 000
Net Income	−269 000	119 000	−61 000	76 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	12 702 000	10 561 000	3 038 000	506 000
Total Assets	12 702 000	10 561 000	3 038 000	506 000
Total Retained Equity	−371 000	−102 000	−221 000	−160 000
Total Equity	−329 000	−60 000	−179 000	−118 000
Total Long-Term Debt	10 271 000	6 847 000	494 000	543 000
Total Current Debt	2 760 000	3 774 000	2 723 000	81 000
Total Equity and Debt	12 702 000	10 561 000	3 038 000	506 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	354 000	15 000	279 000
Other Income	0	0	0	60 000
Revenue	0	354 000	15 000	339 000
Cost of Goods Sold	0	59 000	0	31 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	26 000	102 000	93 000	499 000
Operating Profit	−26 000	252 000	−78 000	−160 000
Financial Income	2 000	1 000	0	1 000
Financial Costs	320 000	101 000	1 000	2 000
Financial Balance	−318 000	−100 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−269 000	119 000	−61 000	76 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	8 543 000	8 239 000	2 100 000	0
Total Investments	0	0	0	0
Cash, Bank	33 000	5 000	5 000	18 000
Total Current Assets	12 702 000	10 561 000	3 038 000	506 000
Total Assets	12 702 000	10 561 000	3 038 000	506 000
Total Equity	−329 000	−60 000	−179 000	−118 000
Short-Term Group Debt	2 662 000	2 662 000	0	0
Total Long-Term Debt	10 271 000	6 847 000	494 000	543 000
Creditors	14 000	957 000	2 632 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	84 000	34 000	0	0
Total Current Debt	2 760 000	3 774 000	2 723 000	81 000
Total Equity and Debt	12 702 000	10 561 000	3 038 000	506 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,76 %	−198,33 %	34,08 %	−64,41 %
Debt-to-Equity Ratio	−31,22	−114,12	−2,76	−4,6
Operating Profit Margin	-	71,19 %	−520 %	−47,2 %
Current Ratio	4,6	2,8	1,12	6,25
Quick Ratio	−2,2	−2,37	4,88	6,25
Equity Ratio	−0,03	−0,01	−0,06	−0,23
Gross Profit Margin	-	83,33 %	100 %	90,86 %