GRENSELØS AS

9900 KIRKENES

Finances

Share Ownership

Return on Equity

21,29 %

Current Ratio

12,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 183 000	762 000	749 000	3 045 000
Net Income	191 000	230 000	−313 000	−134 000
Total Assets	973 000	1 164 000	1 007 000	1 584 000
Total Equity	897 000	706 000	476 000	789 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 183 000	762 000	749 000	3 045 000
Expenditure	992 000	532 000	1 056 000	3 162 000
Operating Profit	191 000	230 000	−307 000	−116 000
Financial Income	0	0	3 000	0
Financial Costs	0	0	10 000	18 000
Financial Balance	0	0	−7 000	−18 000
Earnings Before Tax	191 000	230 000	−313 000	−134 000
Tax	0	0	0	0
Net Income	191 000	230 000	−313 000	−134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	35 000	41 000	47 000
Total Current Assets	945 000	1 130 000	966 000	1 537 000
Total Assets	973 000	1 164 000	1 007 000	1 584 000
Total Retained Equity	−1 103 000	−1 294 000	−1 524 000	−1 211 000
Total Equity	897 000	706 000	476 000	789 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	76 000	458 000	531 000	794 000
Total Equity and Debt	973 000	1 164 000	1 007 000	1 584 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	981 000	343 000	749 000	3 045 000
Other Income	202 000	420 000	0	0
Revenue	1 183 000	762 000	749 000	3 045 000
Cost of Goods Sold	415 000	177 000	458 000	1 905 000
Salary Costs	400 000	192 000	411 000	505 000
Depreciation	6 000	6 000	6 000	34 000
Impairment	0	0	0	0
Expenditure	992 000	532 000	1 056 000	3 162 000
Operating Profit	191 000	230 000	−307 000	−116 000
Financial Income	0	0	3 000	0
Financial Costs	0	0	10 000	18 000
Financial Balance	0	0	−7 000	−18 000
Dividends	0	0	0	0
Net Income	191 000	230 000	−313 000	−134 000

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	29 000	35 000	41 000	47 000
Fixtures	0	0	0	0
Total Tangible Assets	29 000	35 000	41 000	47 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 000	35 000	41 000	47 000
Stock	197 000	206 000	181 000	227 000
Total Investments	0	0	0	0
Cash, Bank	636 000	815 000	601 000	1 125 000
Total Current Assets	945 000	1 130 000	966 000	1 537 000
Total Assets	973 000	1 164 000	1 007 000	1 584 000
Total Equity	897 000	706 000	476 000	789 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	77 000	6 000	158 000
Unpaid Taxes	8 000	13 000	21 000	236 000
Dividends	0	0	0	0
Other Current Debt	64 000	369 000	505 000	400 000
Total Current Debt	76 000	458 000	531 000	794 000
Total Equity and Debt	973 000	1 164 000	1 007 000	1 584 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,29 %	32,58 %	−65,76 %	−16,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,15 %	30,18 %	−40,99 %	−3,81 %
Current Ratio	12,43	2,47	1,82	1,94
Quick Ratio	−7,81	4,48	2,76	2,71
Equity Ratio	0,92	0,61	0,47	0,5
Gross Profit Margin	64,92 %	76,77 %	38,85 %	37,44 %