GROW COMPETENCE CONSULTING AS

5003 BERGEN

Finances

Return on Equity

−2 342,11 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 682 000	4 432 000	3 141 000	4 959 000
Net Income	−445 000	38 000	135 000	42 000
Total Assets	1 531 000	2 078 000	1 177 000	671 000
Total Equity	19 000	464 000	176 000	41 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 682 000	4 432 000	3 141 000	4 959 000
Expenditure	6 083 000	4 383 000	2 966 000	4 901 000
Operating Profit	−401 000	50 000	176 000	58 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	0	0	2 000
Financial Balance	−1 000	0	0	−1 000
Earnings Before Tax	−402 000	49 000	175 000	56 000
Tax	43 000	11 000	40 000	14 000
Net Income	−445 000	38 000	135 000	42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	59 000	70 000	110 000
Total Current Assets	1 515 000	2 019 000	1 107 000	560 000
Total Assets	1 531 000	2 078 000	1 177 000	671 000
Total Retained Equity	−306 000	114 000	76 000	−59 000
Total Equity	19 000	464 000	176 000	41 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 512 000	1 614 000	1 001 000	630 000
Total Equity and Debt	1 531 000	2 078 000	1 177 000	671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 682 000	4 432 000	3 093 000	4 959 000
Other Income	0	0	48 000	0
Revenue	5 682 000	4 432 000	3 141 000	4 959 000
Cost of Goods Sold	1 019 000	477 000	250 000	781 000
Salary Costs	4 428 000	3 389 000	2 240 000	3 509 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 083 000	4 383 000	2 966 000	4 901 000
Operating Profit	−401 000	50 000	176 000	58 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	0	0	2 000
Financial Balance	−1 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	−445 000	38 000	135 000	42 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	43 000	54 000	95 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	16 000	16 000	16 000
Total Tangible Assets	16 000	16 000	16 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	59 000	70 000	110 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	135 000	1 124 000	502 000	278 000
Total Current Assets	1 515 000	2 019 000	1 107 000	560 000
Total Assets	1 531 000	2 078 000	1 177 000	671 000
Total Equity	19 000	464 000	176 000	41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	43 000	12 000	22 000	44 000
Unpaid Taxes	647 000	573 000	353 000	239 000
Dividends	0	0	0	0
Other Current Debt	822 000	1 029 000	627 000	347 000
Total Current Debt	1 512 000	1 614 000	1 001 000	630 000
Total Equity and Debt	1 531 000	2 078 000	1 177 000	671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2 342,11 %	8,19 %	76,7 %	102,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−7,06 %	1,13 %	5,6 %	1,17 %
Current Ratio	1	1,25	1,11	0,89
Quick Ratio	1	1,25	1,11	0,89
Equity Ratio	0,01	0,22	0,15	0,06
Gross Profit Margin	82,07 %	89,24 %	92,04 %	84,25 %