GELVA AS

6800 FØRDE

Finances

Return on Equity

−6,45 %

Current Ratio

0,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	172 000	429 000	57 000	107 000
Net Income	−2 000	21 000	−113 000	−538 000
Total Assets	1 796 000	1 611 000	635 000	1 240 000
Total Equity	31 000	69 000	49 000	74 000

Income (NOK)	2022	2021	2020	2019
Revenue	172 000	429 000	57 000	107 000
Expenditure	232 000	413 000	196 000	798 000
Operating Profit	−60 000	17 000	−138 000	−690 000
Financial Income	63 000	14 000	0	0
Financial Costs	5 000	4 000	0	0
Financial Balance	58 000	10 000	0	0
Earnings Before Tax	−2 000	27 000	−138 000	−690 000
Tax	0	7 000	−26 000	−151 000
Net Income	−2 000	21 000	−113 000	−538 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 031 000	914 000	126 000	149 000
Total Current Assets	765 000	697 000	509 000	1 091 000
Total Assets	1 796 000	1 611 000	635 000	1 240 000
Total Retained Equity	6 000	45 000	24 000	50 000
Total Equity	31 000	69 000	49 000	74 000
Total Long-Term Debt	0	10 000	12 000	13 000
Total Current Debt	1 765 000	1 531 000	573 000	1 152 000
Total Equity and Debt	1 796 000	1 611 000	635 000	1 240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	429 000	57 000	107 000
Other Income	172 000	0	0	0
Revenue	172 000	429 000	57 000	107 000
Cost of Goods Sold	0	258 000	0	70 000
Salary Costs	84 000	81 000	52 000	380 000
Depreciation	0	23 000	23 000	22 000
Impairment	65 000	0	0	0
Expenditure	232 000	413 000	196 000	798 000
Operating Profit	−60 000	17 000	−138 000	−690 000
Financial Income	63 000	14 000	0	0
Financial Costs	5 000	4 000	0	0
Financial Balance	58 000	10 000	0	0
Dividends	0	0	0	0
Net Income	−2 000	21 000	−113 000	−538 000

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	38 000	103 000	126 000	149 000
Total Tangible Assets	38 000	103 000	126 000	149 000
Total Fiancial Fixed Assets	993 000	811 000	0	0
Total Fixed Assets	1 031 000	914 000	126 000	149 000
Stock	0	0	258 000	306 000
Total Investments	636 000	377 000	0	0
Cash, Bank	67 000	66 000	61 000	77 000
Total Current Assets	765 000	697 000	509 000	1 091 000
Total Assets	1 796 000	1 611 000	635 000	1 240 000
Total Equity	31 000	69 000	49 000	74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	10 000	12 000	13 000
Creditors	0	7 000	0	15 000
Unpaid Taxes	7 000	9 000	12 000	24 000
Dividends	0	0	0	0
Other Current Debt	1 758 000	1 506 000	562 000	1 112 000
Total Current Debt	1 765 000	1 531 000	573 000	1 152 000
Total Equity and Debt	1 796 000	1 611 000	635 000	1 240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,45 %	30,43 %	−230,61 %	−727,03 %
Debt-to-Equity Ratio	0	0,14	0,24	0,18
Operating Profit Margin	−34,88 %	3,96 %	−242,11 %	−644,86 %
Current Ratio	0,43	0,46	0,89	0,95
Quick Ratio	0,43	0,46	1,62	1,29
Equity Ratio	0,02	0,04	0,08	0,06
Gross Profit Margin	100 %	39,86 %	100 %	34,58 %