STIFTELSEN GRÜNDERNETTVERKET

3256 LARVIK

Finances

Share Ownership

Return on Equity

−22,92 %

Current Ratio

9,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	748 000	772 000	842 000	1 032 000
Net Income	−297 000	−182 000	−121 000	26 000
Total Assets	1 445 000	1 777 000	1 905 000	2 051 000
Total Equity	1 296 000	1 593 000	1 776 000	1 896 000

Income (NOK)	2022	2021	2020	2019
Revenue	748 000	772 000	842 000	1 032 000
Expenditure	1 055 000	961 000	989 000	1 023 000
Operating Profit	−307 000	−189 000	−148 000	9 000
Financial Income	12 000	9 000	30 000	20 000
Financial Costs	0	0	0	0
Financial Balance	12 000	9 000	30 000	20 000
Earnings Before Tax	−295 000	−180 000	−118 000	29 000
Tax	2 000	2 000	3 000	3 000
Net Income	−297 000	−182 000	−121 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 445 000	1 777 000	1 905 000	2 051 000
Total Assets	1 445 000	1 777 000	1 905 000	2 051 000
Total Retained Equity	1 096 000	1 393 000	1 576 000	1 696 000
Total Equity	1 296 000	1 593 000	1 776 000	1 896 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	149 000	184 000	129 000	155 000
Total Equity and Debt	1 445 000	1 777 000	1 905 000	2 051 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	748 000	772 000	842 000	1 032 000
Revenue	748 000	772 000	842 000	1 032 000
Cost of Goods Sold	0	0	0	29 000
Salary Costs	765 000	676 000	703 000	718 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 055 000	961 000	989 000	1 023 000
Operating Profit	−307 000	−189 000	−148 000	9 000
Financial Income	12 000	9 000	30 000	20 000
Financial Costs	0	0	0	0
Financial Balance	12 000	9 000	30 000	20 000
Dividends	0	0	0	0
Net Income	−297 000	−182 000	−121 000	26 000

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	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 210 000	1 536 000	1 658 000	1 852 000
Total Current Assets	1 445 000	1 777 000	1 905 000	2 051 000
Total Assets	1 445 000	1 777 000	1 905 000	2 051 000
Total Equity	1 296 000	1 593 000	1 776 000	1 896 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	43 000	11 000	0
Unpaid Taxes	55 000	57 000	46 000	78 000
Dividends	0	0	0	0
Other Current Debt	89 000	81 000	70 000	74 000
Total Current Debt	149 000	184 000	129 000	155 000
Total Equity and Debt	1 445 000	1 777 000	1 905 000	2 051 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,92 %	−11,42 %	−6,81 %	1,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−41,04 %	−24,48 %	−17,58 %	0,87 %
Current Ratio	9,7	9,66	14,77	13,23
Quick Ratio	9,7	9,66	14,77	13,23
Equity Ratio	0,9	0,9	0,93	0,92
Gross Profit Margin	100 %	100 %	100 %	97,19 %