GGM AS

1414 TROLLÅSEN

Finances

Share Ownership

Return on Equity

63,31 %

Current Ratio

2,27

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 719 000	3 124 000	2 834 000	3 389 000
Net Income	333 000	−130 000	44 000	108 000
Total Assets	1 767 000	1 231 000	1 047 000	888 000
Total Equity	526 000	193 000	323 000	279 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 719 000	3 124 000	2 834 000	3 389 000
Expenditure	4 290 000	3 288 000	2 772 000	3 244 000
Operating Profit	429 000	−164 000	62 000	146 000
Financial Income	0	0	1 000	0
Financial Costs	2 000	3 000	4 000	5 000
Financial Balance	−2 000	−3 000	−3 000	−5 000
Earnings Before Tax	427 000	−167 000	59 000	141 000
Tax	94 000	−37 000	16 000	33 000
Net Income	333 000	−130 000	44 000	108 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	54 000	36 000	71 000
Total Current Assets	1 745 000	1 177 000	1 010 000	817 000
Total Assets	1 767 000	1 231 000	1 047 000	888 000
Total Retained Equity	496 000	163 000	293 000	249 000
Total Equity	526 000	193 000	323 000	279 000
Total Long-Term Debt	470 000	378 000	0	0
Total Current Debt	770 000	660 000	724 000	609 000
Total Equity and Debt	1 767 000	1 231 000	1 047 000	888 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 641 000	3 121 000	2 803 000	3 389 000
Other Income	78 000	3 000	31 000	0
Revenue	4 719 000	3 124 000	2 834 000	3 389 000
Cost of Goods Sold	2 094 000	1 220 000	1 195 000	1 494 000
Salary Costs	1 320 000	1 312 000	852 000	1 064 000
Depreciation	17 000	19 000	37 000	42 000
Impairment	0	0	0	0
Expenditure	4 290 000	3 288 000	2 772 000	3 244 000
Operating Profit	429 000	−164 000	62 000	146 000
Financial Income	0	0	1 000	0
Financial Costs	2 000	3 000	4 000	5 000
Financial Balance	−2 000	−3 000	−3 000	−5 000
Dividends	0	0	0	0
Net Income	333 000	−130 000	44 000	108 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	39 000	2 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	15 000	34 000	71 000
Total Tangible Assets	14 000	15 000	34 000	71 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 000	54 000	36 000	71 000
Stock	182 000	180 000	161 000	169 000
Total Investments	0	0	0	0
Cash, Bank	291 000	234 000	473 000	89 000
Total Current Assets	1 745 000	1 177 000	1 010 000	817 000
Total Assets	1 767 000	1 231 000	1 047 000	888 000
Total Equity	526 000	193 000	323 000	279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	470 000	378 000	0	0
Creditors	369 000	279 000	222 000	60 000
Unpaid Taxes	229 000	254 000	121 000	101 000
Dividends	0	0	0	0
Other Current Debt	110 000	128 000	364 000	407 000
Total Current Debt	770 000	660 000	724 000	609 000
Total Equity and Debt	1 767 000	1 231 000	1 047 000	888 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,31 %	−67,36 %	13,62 %	38,71 %
Debt-to-Equity Ratio	0,89	1,96	0	0
Operating Profit Margin	9,09 %	−5,25 %	2,19 %	4,31 %
Current Ratio	2,27	1,78	1,4	1,34
Quick Ratio	2,97	2,45	1,79	1,86
Equity Ratio	0,3	0,16	0,31	0,31
Gross Profit Margin	55,63 %	60,95 %	57,83 %	55,92 %