GRUE TEKSTIL AS

2260 KIRKENÆR

Finances

Share Ownership

Return on Equity

−166,67 %

Current Ratio

1,22

Debt-to-Equity Ratio

4,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 558 000	2 357 000	2 210 000	2 658 000
Net Income	−80 000	151 000	−102 000	−48 000
Total Assets	1 394 000	1 272 000	1 123 000	1 262 000
Total Equity	48 000	128 000	−23 000	80 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 558 000	2 357 000	2 210 000	2 658 000
Expenditure	2 602 000	2 169 000	2 274 000	2 656 000
Operating Profit	−43 000	187 000	−65 000	3 000
Financial Income	0	1 000	0	1 000
Financial Costs	38 000	37 000	38 000	52 000
Financial Balance	−38 000	−36 000	−38 000	−51 000
Earnings Before Tax	−80 000	151 000	−102 000	−48 000
Tax	0	0	0	0
Net Income	−80 000	151 000	−102 000	−48 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	20 000	7 000	7 000
Total Current Assets	1 379 000	1 251 000	1 117 000	1 256 000
Total Assets	1 394 000	1 272 000	1 123 000	1 262 000
Total Retained Equity	−52 000	28 000	−123 000	−20 000
Total Equity	48 000	128 000	−23 000	80 000
Total Long-Term Debt	215 000	260 000	364 000	437 000
Total Current Debt	1 131 000	884 000	782 000	745 000
Total Equity and Debt	1 394 000	1 272 000	1 123 000	1 262 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 551 000	2 354 000	2 182 000	2 658 000
Other Income	8 000	3 000	27 000	0
Revenue	2 558 000	2 357 000	2 210 000	2 658 000
Cost of Goods Sold	1 576 000	1 445 000	1 415 000	1 651 000
Salary Costs	574 000	373 000	383 000	615 000
Depreciation	6 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	2 602 000	2 169 000	2 274 000	2 656 000
Operating Profit	−43 000	187 000	−65 000	3 000
Financial Income	0	1 000	0	1 000
Financial Costs	38 000	37 000	38 000	52 000
Financial Balance	−38 000	−36 000	−38 000	−51 000
Dividends	0	0	0	0
Net Income	−80 000	151 000	−102 000	−48 000

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	8 000	14 000	0	0
Total Tangible Assets	8 000	14 000	0	0
Total Fiancial Fixed Assets	7 000	7 000	7 000	7 000
Total Fixed Assets	15 000	20 000	7 000	7 000
Stock	1 329 000	1 205 000	1 085 000	1 209 000
Total Investments	0	0	0	0
Cash, Bank	25 000	44 000	24 000	34 000
Total Current Assets	1 379 000	1 251 000	1 117 000	1 256 000
Total Assets	1 394 000	1 272 000	1 123 000	1 262 000
Total Equity	48 000	128 000	−23 000	80 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	215 000	260 000	364 000	437 000
Creditors	768 000	600 000	537 000	428 000
Unpaid Taxes	94 000	70 000	56 000	93 000
Dividends	0	0	0	0
Other Current Debt	194 000	143 000	137 000	155 000
Total Current Debt	1 131 000	884 000	782 000	745 000
Total Equity and Debt	1 394 000	1 272 000	1 123 000	1 262 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−166,67 %	117,97 %	443,48 %	−60 %
Debt-to-Equity Ratio	4,48	2,03	−15,83	5,46
Operating Profit Margin	−1,68 %	7,93 %	−2,94 %	0,11 %
Current Ratio	1,22	1,42	1,43	1,69
Quick Ratio	−6,96	−3,9	−3,69	−2,71
Equity Ratio	0,03	0,1	−0,02	0,06
Gross Profit Margin	38,39 %	38,69 %	35,97 %	37,89 %