G.T NORDICS AS

3674 NOTODDEN

Finances

Share Ownership

Return on Equity

554,69 %

Current Ratio

0,92

Debt-to-Equity Ratio

1,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 390 000	13 915 000	14 326 000	7 792 000
Net Income	2 779 000	1 201 000	1 102 000	318 000
Total Assets	22 135 000	4 011 000	8 835 000	1 668 000
Total Equity	501 000	1 651 000	1 450 000	348 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 390 000	13 915 000	14 326 000	7 792 000
Expenditure	21 835 000	12 380 000	12 909 000	7 451 000
Operating Profit	3 555 000	1 534 000	1 416 000	408 000
Financial Income	14 000	7 000	0	0
Financial Costs	5 000	1 000	3 000	2 000
Financial Balance	9 000	6 000	−3 000	−2 000
Earnings Before Tax	3 564 000	1 540 000	1 414 000	406 000
Tax	784 000	339 000	311 000	88 000
Net Income	2 779 000	1 201 000	1 102 000	318 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 993 000	43 000	60 000	76 000
Total Current Assets	19 142 000	3 967 000	8 775 000	1 592 000
Total Assets	22 135 000	4 011 000	8 835 000	1 668 000
Total Retained Equity	471 000	1 621 000	1 420 000	318 000
Total Equity	501 000	1 651 000	1 450 000	348 000
Total Long-Term Debt	720 000	10 000	223 000	7 000
Total Current Debt	20 914 000	2 350 000	7 162 000	1 313 000
Total Equity and Debt	22 135 000	4 011 000	8 835 000	1 668 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 390 000	13 914 000	14 326 000	7 792 000
Other Income	0	1 000	0	0
Revenue	25 390 000	13 915 000	14 326 000	7 792 000
Cost of Goods Sold	15 535 000	8 325 000	9 671 000	4 476 000
Salary Costs	4 778 000	2 948 000	2 504 000	2 358 000
Depreciation	19 000	16 000	16 000	5 000
Impairment	0	0	0	0
Expenditure	21 835 000	12 380 000	12 909 000	7 451 000
Operating Profit	3 555 000	1 534 000	1 416 000	408 000
Financial Income	14 000	7 000	0	0
Financial Costs	5 000	1 000	3 000	2 000
Financial Balance	9 000	6 000	−3 000	−2 000
Dividends	2 900 000	0	0	0
Net Income	2 779 000	1 201 000	1 102 000	318 000

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	696 000	43 000	60 000	76 000
Total Tangible Assets	696 000	43 000	60 000	76 000
Total Fiancial Fixed Assets	2 297 000	0	0	0
Total Fixed Assets	2 993 000	43 000	60 000	76 000
Stock	3 135 000	913 000	726 000	394 000
Total Investments	0	0	0	0
Cash, Bank	626 000	1 478 000	384 000	500 000
Total Current Assets	19 142 000	3 967 000	8 775 000	1 592 000
Total Assets	22 135 000	4 011 000	8 835 000	1 668 000
Total Equity	501 000	1 651 000	1 450 000	348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	720 000	10 000	223 000	7 000
Creditors	6 705 000	648 000	2 420 000	611 000
Unpaid Taxes	2 175 000	463 000	1 237 000	220 000
Dividends	2 900 000	0	0	0
Other Current Debt	9 060 000	687 000	3 410 000	401 000
Total Current Debt	20 914 000	2 350 000	7 162 000	1 313 000
Total Equity and Debt	22 135 000	4 011 000	8 835 000	1 668 000

Financial indicators	2022	2021	2020	2019
Return on Equity	554,69 %	72,74 %	76 %	91,38 %
Debt-to-Equity Ratio	1,44	0,01	0,15	0,02
Operating Profit Margin	14 %	11,02 %	9,88 %	5,24 %
Current Ratio	0,92	1,69	1,23	1,21
Quick Ratio	1,08	2,76	1,36	1,73
Equity Ratio	0,02	0,41	0,16	0,21
Gross Profit Margin	38,81 %	40,17 %	32,49 %	42,56 %