GRAND SOLUTIONS NORTH AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

277,47 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 167 000	8 472 000	7 763 000	14 867 000
Net Income	5 111 000	738 000	283 000	1 705 000
Total Assets	11 507 000	4 763 000	3 514 000	6 378 000
Total Equity	1 842 000	1 870 000	1 667 000	1 455 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 167 000	8 472 000	7 763 000	14 867 000
Expenditure	14 759 000	7 435 000	7 325 000	12 546 000
Operating Profit	6 409 000	1 037 000	438 000	2 321 000
Financial Income	174 000	4 000	11 000	26 000
Financial Costs	24 000	92 000	83 000	155 000
Financial Balance	150 000	−88 000	−72 000	−129 000
Earnings Before Tax	6 559 000	949 000	366 000	2 192 000
Tax	1 448 000	211 000	83 000	488 000
Net Income	5 111 000	738 000	283 000	1 705 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 095 000	1 391 000	2 119 000	2 935 000
Total Current Assets	10 412 000	3 371 000	1 396 000	3 443 000
Total Assets	11 507 000	4 763 000	3 514 000	6 378 000
Total Retained Equity	1 742 000	1 770 000	1 567 000	1 355 000
Total Equity	1 842 000	1 870 000	1 667 000	1 455 000
Total Long-Term Debt	0	954 000	1 387 000	1 083 000
Total Current Debt	9 666 000	1 939 000	460 000	3 839 000
Total Equity and Debt	11 507 000	4 763 000	3 514 000	6 378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 167 000	8 472 000	7 763 000	14 867 000
Other Income	0	0	0	0
Revenue	21 167 000	8 472 000	7 763 000	14 867 000
Cost of Goods Sold	3 520 000	1 520 000	1 238 000	3 129 000
Salary Costs	4 445 000	2 009 000	2 157 000	4 240 000
Depreciation	575 000	689 000	753 000	770 000
Impairment	0	0	0	0
Expenditure	14 759 000	7 435 000	7 325 000	12 546 000
Operating Profit	6 409 000	1 037 000	438 000	2 321 000
Financial Income	174 000	4 000	11 000	26 000
Financial Costs	24 000	92 000	83 000	155 000
Financial Balance	150 000	−88 000	−72 000	−129 000
Dividends	0	0	0	0
Net Income	5 111 000	738 000	283 000	1 705 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	17 000	77 000	141 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 077 000	1 374 000	2 041 000	2 795 000
Total Tangible Assets	1 077 000	1 374 000	2 041 000	2 795 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 095 000	1 391 000	2 119 000	2 935 000
Stock	352 000	314 000	217 000	319 000
Total Investments	0	0	0	0
Cash, Bank	4 975 000	2 906 000	624 000	2 786 000
Total Current Assets	10 412 000	3 371 000	1 396 000	3 443 000
Total Assets	11 507 000	4 763 000	3 514 000	6 378 000
Total Equity	1 842 000	1 870 000	1 667 000	1 455 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	954 000	1 387 000	1 083 000
Creditors	1 058 000	617 000	87 000	996 000
Unpaid Taxes	805 000	375 000	86 000	688 000
Dividends	0	0	0	0
Other Current Debt	616 000	259 000	197 000	504 000
Total Current Debt	9 666 000	1 939 000	460 000	3 839 000
Total Equity and Debt	11 507 000	4 763 000	3 514 000	6 378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	277,47 %	39,47 %	16,98 %	117,18 %
Debt-to-Equity Ratio	0	0,51	0,83	0,74
Operating Profit Margin	30,28 %	12,24 %	5,64 %	15,61 %
Current Ratio	1,08	1,74	3,03	0,9
Quick Ratio	1,12	2,07	5,74	0,98
Equity Ratio	0,16	0,39	0,47	0,23
Gross Profit Margin	83,37 %	82,06 %	84,05 %	78,95 %