GRENSEN SKO STOVNER AS

0985 OSLO

Finances

Return on Equity

13,02 %

Current Ratio

0,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 952 000	6 233 000	6 484 000	8 070 000
Net Income	41 000	265 000	−347 000	−8 000
Total Assets	4 974 000	5 348 000	5 582 000	5 356 000
Total Equity	315 000	1 666 000	1 215 000	1 526 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 952 000	6 233 000	6 484 000	8 070 000
Expenditure	6 796 000	5 837 000	6 842 000	8 013 000
Operating Profit	157 000	396 000	−359 000	57 000
Financial Income	18 000	29 000	14 000	38 000
Financial Costs	126 000	91 000	100 000	111 000
Financial Balance	−108 000	−62 000	−86 000	−73 000
Earnings Before Tax	49 000	335 000	−444 000	−16 000
Tax	8 000	70 000	−98 000	−8 000
Net Income	41 000	265 000	−347 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 136 000	1 378 000	1 649 000	1 560 000
Total Current Assets	3 839 000	3 970 000	3 933 000	3 796 000
Total Assets	4 974 000	5 348 000	5 582 000	5 356 000
Total Retained Equity	215 000	1 566 000	1 115 000	1 426 000
Total Equity	315 000	1 666 000	1 215 000	1 526 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 659 000	3 682 000	4 367 000	3 830 000
Total Equity and Debt	4 974 000	5 348 000	5 582 000	5 356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 952 000	5 875 000	6 342 000	8 070 000
Other Income	0	358 000	142 000	0
Revenue	6 952 000	6 233 000	6 484 000	8 070 000
Cost of Goods Sold	3 243 000	2 891 000	3 344 000	4 113 000
Salary Costs	1 666 000	1 218 000	1 427 000	1 737 000
Depreciation	0	0	158 000	190 000
Impairment	0	0	0	0
Expenditure	6 796 000	5 837 000	6 842 000	8 013 000
Operating Profit	157 000	396 000	−359 000	57 000
Financial Income	18 000	29 000	14 000	38 000
Financial Costs	126 000	91 000	100 000	111 000
Financial Balance	−108 000	−62 000	−86 000	−73 000
Dividends	1 500 000	0	0	0
Net Income	41 000	265 000	−347 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	149 000	187 000	310 000	228 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	158 000
Total Tangible Assets	0	0	0	158 000
Total Fiancial Fixed Assets	986 000	1 191 000	1 339 000	1 174 000
Total Fixed Assets	1 136 000	1 378 000	1 649 000	1 560 000
Stock	3 579 000	3 330 000	3 634 000	3 606 000
Total Investments	0	0	0	0
Cash, Bank	58 000	48 000	48 000	46 000
Total Current Assets	3 839 000	3 970 000	3 933 000	3 796 000
Total Assets	4 974 000	5 348 000	5 582 000	5 356 000
Total Equity	315 000	1 666 000	1 215 000	1 526 000
Short-Term Group Debt	3 948 000	2 816 000	3 692 000	2 760 000
Total Long-Term Debt	0	0	0	0
Creditors	255 000	278 000	209 000	456 000
Unpaid Taxes	237 000	357 000	250 000	375 000
Dividends	1 500 000	0	0	0
Other Current Debt	219 000	231 000	216 000	233 000
Total Current Debt	4 659 000	3 682 000	4 367 000	3 830 000
Total Equity and Debt	4 974 000	5 348 000	5 582 000	5 356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,02 %	15,91 %	−28,56 %	−0,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,26 %	6,35 %	−5,54 %	0,71 %
Current Ratio	0,82	1,08	0,9	0,99
Quick Ratio	3,55	11,28	5,37	16,95
Equity Ratio	0,06	0,31	0,22	0,28
Gross Profit Margin	53,35 %	53,62 %	48,43 %	49,03 %