GRIEG STRATEGIC SERVICES AS

5004 BERGEN

Finances

Share Ownership

Return on Equity

40,59 %

Current Ratio

2,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 001 000	19 012 000	26 959 000	48 621 000
Net Income	2 329 000	1 852 000	−234 000	2 104 000
Total Assets	10 099 000	9 816 000	8 653 000	6 838 000
Total Equity	5 738 000	5 642 000	5 523 000	5 395 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 001 000	19 012 000	26 959 000	48 621 000
Expenditure	21 093 000	16 670 000	24 980 000	46 501 000
Operating Profit	2 908 000	2 342 000	1 980 000	2 120 000
Financial Income	49 000	0	6 000	16 000
Financial Costs	−2 000	0	0	32 000
Financial Balance	51 000	0	6 000	−16 000
Earnings Before Tax	2 959 000	2 341 000	1 985 000	2 104 000
Tax	630 000	489 000	2 219 000	0
Net Income	2 329 000	1 852 000	−234 000	2 104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	33 000	62 000	126 000
Total Current Assets	10 092 000	9 784 000	8 591 000	6 711 000
Total Assets	10 099 000	9 816 000	8 653 000	6 838 000
Total Retained Equity	637 000	540 000	421 000	2 104 000
Total Equity	5 738 000	5 642 000	5 523 000	5 395 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 361 000	4 174 000	3 130 000	1 443 000
Total Equity and Debt	10 099 000	9 816 000	8 653 000	6 838 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 001 000	19 012 000	26 959 000	48 621 000
Other Income	0	0	0	0
Revenue	24 001 000	19 012 000	26 959 000	48 621 000
Cost of Goods Sold	5 882 000	3 540 000	10 235 000	34 543 000
Salary Costs	9 116 000	7 259 000	9 359 000	6 573 000
Depreciation	25 000	29 000	65 000	65 000
Impairment	0	0	0	0
Expenditure	21 093 000	16 670 000	24 980 000	46 501 000
Operating Profit	2 908 000	2 342 000	1 980 000	2 120 000
Financial Income	49 000	0	6 000	16 000
Financial Costs	−2 000	0	0	32 000
Financial Balance	51 000	0	6 000	−16 000
Dividends	0	0	0	0
Net Income	2 329 000	1 852 000	−234 000	2 104 000

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	8 000	33 000	62 000	126 000
Total Tangible Assets	8 000	33 000	62 000	126 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 000	33 000	62 000	126 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 394 000	7 855 000	7 393 000	2 562 000
Total Current Assets	10 092 000	9 784 000	8 591 000	6 711 000
Total Assets	10 099 000	9 816 000	8 653 000	6 838 000
Total Equity	5 738 000	5 642 000	5 523 000	5 395 000
Short-Term Group Debt	2 862 000	2 222 000	1 858 000	0
Total Long-Term Debt	0	0	0	0
Creditors	46 000	201 000	17 000	255 000
Unpaid Taxes	734 000	1 128 000	755 000	784 000
Dividends	0	0	0	0
Other Current Debt	719 000	624 000	501 000	404 000
Total Current Debt	4 361 000	4 174 000	3 130 000	1 443 000
Total Equity and Debt	10 099 000	9 816 000	8 653 000	6 838 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,59 %	32,83 %	−4,24 %	39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,12 %	12,32 %	7,34 %	4,36 %
Current Ratio	2,31	2,34	2,74	4,65
Quick Ratio	2,31	2,34	2,74	4,65
Equity Ratio	0,57	0,57	0,64	0,79
Gross Profit Margin	75,49 %	81,38 %	62,03 %	28,95 %