GAGZ EIENDOM AS

3270 LARVIK

Finances

Share Ownership

Return on Equity

20 %

Current Ratio

0,4

Debt-to-Equity Ratio

17,38

Key figures (NOK)	2022	2021	2020
Revenue	2 284 000	381 000	0
Net Income	300 000	−183 000	−65 000
Total Assets	27 749 000	30 313 000	3 290 000
Total Equity	1 500 000	1 200 000	1 383 000

Income (NOK)	2022	2021	2020
Revenue	2 284 000	381 000	0
Expenditure	1 001 000	251 000	5 000
Operating Profit	1 283 000	130 000	−5 000
Financial Income	1 000	0	0
Financial Costs	899 000	364 000	79 000
Financial Balance	−898 000	−364 000	−79 000
Earnings Before Tax	385 000	−235 000	−84 000
Tax	85 000	−52 000	−18 000
Net Income	300 000	−183 000	−65 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	27 677 000	28 278 000	3 290 000
Total Current Assets	72 000	2 036 000	0
Total Assets	27 749 000	30 313 000	3 290 000
Total Retained Equity	117 000	−183 000	0
Total Equity	1 500 000	1 200 000	1 383 000
Total Long-Term Debt	26 070 000	3 833 000	1 532 000
Total Current Debt	178 000	25 280 000	374 000
Total Equity and Debt	27 749 000	30 313 000	3 290 000

Cash flow (NOK)	2022	2021	2020
Sales Income	380 000	0	0
Other Income	1 904 000	381 000	0
Revenue	2 284 000	381 000	0
Cost of Goods Sold	0	0	0
Salary Costs	63 000	0	0
Depreciation	862 000	143 000	0
Impairment	0	0	0
Expenditure	1 001 000	251 000	5 000
Operating Profit	1 283 000	130 000	−5 000
Financial Income	1 000	0	0
Financial Costs	899 000	364 000	79 000
Financial Balance	−898 000	−364 000	−79 000
Dividends	0	0	0
Net Income	300 000	−183 000	−65 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	70 000	18 000
Real Eastate	27 660 000	28 186 000	3 271 000
Machinery and Plant Facilities	0	0	0
Fixtures	17 000	21 000	0
Total Tangible Assets	27 677 000	28 208 000	3 271 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	27 677 000	28 278 000	3 290 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	51 000	745 000	0
Total Current Assets	72 000	2 036 000	0
Total Assets	27 749 000	30 313 000	3 290 000
Total Equity	1 500 000	1 200 000	1 383 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	26 070 000	3 833 000	1 532 000
Creditors	21 000	175 000	0
Unpaid Taxes	33 000	0	0
Dividends	0	0	0
Other Current Debt	124 000	0	374 000
Total Current Debt	178 000	25 280 000	374 000
Total Equity and Debt	27 749 000	30 313 000	3 290 000

Financial indicators	2022	2021	2020
Return on Equity	20 %	−15,25 %	−4,7 %
Debt-to-Equity Ratio	17,38	3,19	1,11
Operating Profit Margin	56,17 %	34,12 %	-
Current Ratio	0,4	0,08	0
Quick Ratio	0,4	0,08	0
Equity Ratio	0,05	0,04	0,42
Gross Profit Margin	100 %	100 %	-