GRENLAND KJØKKEN & BAD AS

3933 PORSGRUNN

Finances

Share Ownership

Return on Equity

523,73 %

Current Ratio

0,52

Debt-to-Equity Ratio

−3,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 125 000	5 794 000	5 415 000	3 432 000
Net Income	−309 000	70 000	−156 000	−228 000
Total Assets	1 287 000	1 300 000	1 341 000	1 458 000
Total Equity	−59 000	250 000	180 000	336 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 125 000	5 794 000	5 415 000	3 432 000
Expenditure	5 402 000	5 688 000	5 524 000	3 622 000
Operating Profit	−276 000	105 000	−110 000	−190 000
Financial Income	0	0	0	0
Financial Costs	33 000	35 000	46 000	38 000
Financial Balance	−33 000	−35 000	−46 000	−38 000
Earnings Before Tax	−309 000	70 000	−156 000	−228 000
Tax	0	0	0	0
Net Income	−309 000	70 000	−156 000	−228 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	702 000	784 000	910 000	1 065 000
Total Current Assets	585 000	516 000	431 000	393 000
Total Assets	1 287 000	1 300 000	1 341 000	1 458 000
Total Retained Equity	−722 000	−413 000	−483 000	−327 000
Total Equity	−59 000	250 000	180 000	336 000
Total Long-Term Debt	213 000	332 000	459 000	558 000
Total Current Debt	1 133 000	718 000	702 000	564 000
Total Equity and Debt	1 287 000	1 300 000	1 341 000	1 458 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 925 000	5 844 000	5 397 000	3 432 000
Other Income	200 000	−50 000	18 000	0
Revenue	5 125 000	5 794 000	5 415 000	3 432 000
Cost of Goods Sold	3 401 000	4 049 000	3 914 000	2 065 000
Salary Costs	1 223 000	969 000	954 000	845 000
Depreciation	82 000	106 000	148 000	201 000
Impairment	0	0	0	0
Expenditure	5 402 000	5 688 000	5 524 000	3 622 000
Operating Profit	−276 000	105 000	−110 000	−190 000
Financial Income	0	0	0	0
Financial Costs	33 000	35 000	46 000	38 000
Financial Balance	−33 000	−35 000	−46 000	−38 000
Dividends	0	0	0	0
Net Income	−309 000	70 000	−156 000	−228 000

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	702 000	784 000	910 000	1 065 000
Total Tangible Assets	702 000	784 000	910 000	1 065 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	702 000	784 000	910 000	1 065 000
Stock	0	0	70 000	0
Total Investments	0	0	0	0
Cash, Bank	16 000	116 000	35 000	35 000
Total Current Assets	585 000	516 000	431 000	393 000
Total Assets	1 287 000	1 300 000	1 341 000	1 458 000
Total Equity	−59 000	250 000	180 000	336 000
Short-Term Group Debt	384 000	9 000	0	0
Total Long-Term Debt	213 000	332 000	459 000	558 000
Creditors	459 000	217 000	360 000	368 000
Unpaid Taxes	63 000	202 000	91 000	122 000
Dividends	0	0	0	0
Other Current Debt	227 000	291 000	251 000	74 000
Total Current Debt	1 133 000	718 000	702 000	564 000
Total Equity and Debt	1 287 000	1 300 000	1 341 000	1 458 000

Financial indicators	2022	2021	2020	2019
Return on Equity	523,73 %	28 %	−86,67 %	−67,86 %
Debt-to-Equity Ratio	−3,61	1,33	2,55	1,66
Operating Profit Margin	−5,39 %	1,81 %	−2,03 %	−5,54 %
Current Ratio	0,52	0,72	0,61	0,7
Quick Ratio	0,52	0,72	0,68	0,7
Equity Ratio	−0,05	0,19	0,13	0,23
Gross Profit Margin	33,64 %	30,12 %	27,72 %	39,83 %