[ad_1]
Income drop of more than a million.
Manchester United manager Ole Gunnar Solskjær had good success with the ‘Red Devils’ this spring and secured a spot in next season’s Champions League tournament after a hot run of the season.
At home it has not gone so well. The Norwegian company Grip Management As, where the soccer profile is listed as the sole owner, had a solid explosion in 2019.
Solid deficit
After NOK 4,451,676 in revenue in 2018, the company only received NOK 3,264,490 last year.
Furthermore, the total result is negative, with NOK 418,292 in deficit, after having made a profit of NOK 410,771 the previous year.
Also read: Martin Ødegaard almost tripled his fortune
This is the first time the company has had red arrows since 2015, according to Business Database.
Coronavirus
In its annual accounts, the company also writes about the corona pandemic. On the way forward, the company states in its annual accounts that “they are, like almost all commercial companies, affected by the outbreak. According to the board’s assessment, the company will be affected by the significant weakening of the market in the short and medium term.
“However, based on the situation and the information available at the present time, the board of directors believes that it is justifiable to base the presentation of the annual accounts on the assumption of continuing operations.”
Also read: Arne Hjeltnes with millionaire losses in fishing company
Grip Management AS is listed with only 0.1 number of man-years employed, but still pays NOK 383,376 in annual salary.
The online newspaper has contacted the company’s contact person, Bjørnar Bjåstad. It refers to the figures from the Brønnøysund Registration Center:
“Ole does not wish to comment further on this. Have a nice day!”
[ad_2]
