GRASSFISH NORWAY AS

0158 OSLO

Finances

Share Ownership

Return on Equity

13,46 %

Current Ratio

6,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 981 000	26 594 000	12 491 000	16 722 000
Net Income	2 091 000	2 392 000	366 000	2 781 000
Total Assets	17 842 000	21 644 000	14 477 000	15 006 000
Total Equity	15 540 000	13 449 000	11 057 000	10 691 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 981 000	26 594 000	12 491 000	16 722 000
Expenditure	16 717 000	23 612 000	12 083 000	15 366 000
Operating Profit	2 263 000	2 983 000	409 000	1 357 000
Financial Income	842 000	671 000	468 000	338 000
Financial Costs	419 000	671 000	419 000	206 000
Financial Balance	423 000	0	49 000	132 000
Earnings Before Tax	2 686 000	2 983 000	458 000	1 489 000
Tax	595 000	591 000	92 000	−1 292 000
Net Income	2 091 000	2 392 000	366 000	2 781 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 551 000	2 993 000	3 576 000	3 335 000
Total Current Assets	15 291 000	18 651 000	10 901 000	11 671 000
Total Assets	17 842 000	21 644 000	14 477 000	15 006 000
Total Retained Equity	14 540 000	12 449 000	10 057 000	9 691 000
Total Equity	15 540 000	13 449 000	11 057 000	10 691 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 302 000	8 195 000	3 420 000	4 315 000
Total Equity and Debt	17 842 000	21 644 000	14 477 000	15 006 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 981 000	26 594 000	12 400 000	16 722 000
Other Income	0	0	92 000	0
Revenue	18 981 000	26 594 000	12 491 000	16 722 000
Cost of Goods Sold	7 587 000	13 993 000	4 496 000	8 654 000
Salary Costs	4 999 000	5 297 000	5 047 000	4 674 000
Depreciation	81 000	31 000	60 000	63 000
Impairment	0	0	0	0
Expenditure	16 717 000	23 612 000	12 083 000	15 366 000
Operating Profit	2 263 000	2 983 000	409 000	1 357 000
Financial Income	842 000	671 000	468 000	338 000
Financial Costs	419 000	671 000	419 000	206 000
Financial Balance	423 000	0	49 000	132 000
Dividends	0	0	0	0
Net Income	2 091 000	2 392 000	366 000	2 781 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 965 000	2 560 000	3 151 000	3 243 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	220 000	66 000	58 000	89 000
Total Tangible Assets	220 000	66 000	58 000	89 000
Total Fiancial Fixed Assets	367 000	367 000	367 000	4 000
Total Fixed Assets	2 551 000	2 993 000	3 576 000	3 335 000
Stock	230 000	288 000	356 000	258 000
Total Investments	0	0	0	0
Cash, Bank	639 000	4 389 000	1 652 000	1 627 000
Total Current Assets	15 291 000	18 651 000	10 901 000	11 671 000
Total Assets	17 842 000	21 644 000	14 477 000	15 006 000
Total Equity	15 540 000	13 449 000	11 057 000	10 691 000
Short-Term Group Debt	995 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	320 000	192 000	168 000	745 000
Unpaid Taxes	409 000	3 032 000	291 000	240 000
Dividends	0	0	0	0
Other Current Debt	578 000	4 970 000	2 961 000	3 329 000
Total Current Debt	2 302 000	8 195 000	3 420 000	4 315 000
Total Equity and Debt	17 842 000	21 644 000	14 477 000	15 006 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,46 %	17,79 %	3,31 %	26,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,92 %	11,22 %	3,27 %	8,12 %
Current Ratio	6,64	2,28	3,19	2,7
Quick Ratio	7,38	2,36	3,56	2,88
Equity Ratio	0,87	0,62	0,76	0,71
Gross Profit Margin	60,03 %	47,38 %	64,01 %	48,25 %