GRENSELØSE AS

0159 OSLO

Finances

Share Ownership

Return on Equity

25,44 %

Current Ratio

1,02

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 319 000	10 703 000	7 269 000	7 379 000
Net Income	421 000	320 000	287 000	491 000
Total Assets	5 625 000	5 008 000	4 798 000	2 618 000
Total Equity	1 655 000	1 234 000	913 000	777 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 319 000	10 703 000	7 269 000	7 379 000
Expenditure	12 715 000	10 238 000	6 868 000	6 741 000
Operating Profit	603 000	465 000	401 000	638 000
Financial Income	0	0	0	1 000
Financial Costs	61 000	53 000	32 000	7 000
Financial Balance	−61 000	−53 000	−32 000	−6 000
Earnings Before Tax	542 000	412 000	369 000	632 000
Tax	121 000	92 000	83 000	140 000
Net Income	421 000	320 000	287 000	491 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 811 000	2 110 000	718 000	246 000
Total Current Assets	2 814 000	2 897 000	4 081 000	2 372 000
Total Assets	5 625 000	5 008 000	4 798 000	2 618 000
Total Retained Equity	1 375 000	954 000	633 000	497 000
Total Equity	1 655 000	1 234 000	913 000	777 000
Total Long-Term Debt	1 219 000	1 593 000	1 973 000	71 000
Total Current Debt	2 751 000	2 181 000	1 912 000	1 770 000
Total Equity and Debt	5 625 000	5 008 000	4 798 000	2 618 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 705 000	10 074 000	6 796 000	6 779 000
Other Income	614 000	629 000	473 000	601 000
Revenue	13 319 000	10 703 000	7 269 000	7 379 000
Cost of Goods Sold	1 317 000	1 020 000	761 000	771 000
Salary Costs	7 328 000	5 942 000	4 011 000	4 066 000
Depreciation	587 000	457 000	140 000	147 000
Impairment	0	0	0	0
Expenditure	12 715 000	10 238 000	6 868 000	6 741 000
Operating Profit	603 000	465 000	401 000	638 000
Financial Income	0	0	0	1 000
Financial Costs	61 000	53 000	32 000	7 000
Financial Balance	−61 000	−53 000	−32 000	−6 000
Dividends	0	0	150 000	400 000
Net Income	421 000	320 000	287 000	491 000

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	2 811 000	2 110 000	718 000	246 000
Total Tangible Assets	2 811 000	2 110 000	718 000	246 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 811 000	2 110 000	718 000	246 000
Stock	594 000	497 000	350 000	386 000
Total Investments	0	0	0	0
Cash, Bank	1 691 000	2 141 000	3 411 000	1 767 000
Total Current Assets	2 814 000	2 897 000	4 081 000	2 372 000
Total Assets	5 625 000	5 008 000	4 798 000	2 618 000
Total Equity	1 655 000	1 234 000	913 000	777 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 219 000	1 593 000	1 973 000	71 000
Creditors	375 000	236 000	497 000	193 000
Unpaid Taxes	922 000	691 000	333 000	468 000
Dividends	0	0	150 000	400 000
Other Current Debt	1 359 000	1 182 000	1 000 000	966 000
Total Current Debt	2 751 000	2 181 000	1 912 000	1 770 000
Total Equity and Debt	5 625 000	5 008 000	4 798 000	2 618 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,44 %	25,93 %	31,43 %	63,19 %
Debt-to-Equity Ratio	0,74	1,29	2,16	0,09
Operating Profit Margin	4,53 %	4,34 %	5,52 %	8,65 %
Current Ratio	1,02	1,33	2,13	1,34
Quick Ratio	1,3	1,72	2,61	1,71
Equity Ratio	0,29	0,25	0,19	0,3
Gross Profit Margin	90,11 %	90,47 %	89,53 %	89,55 %