GANGSTØVIKVEIEN AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

23,88 %

Current Ratio

0,61

Debt-to-Equity Ratio

2,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 822 000	3 880 000	3 433 000	3 539 000
Net Income	1 741 000	1 623 000	1 535 000	1 340 000
Total Assets	27 981 000	29 691 000	20 692 000	19 041 000
Total Equity	7 292 000	7 130 000	6 751 000	6 664 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 822 000	3 880 000	3 433 000	3 539 000
Expenditure	2 062 000	1 550 000	1 304 000	1 608 000
Operating Profit	2 760 000	2 330 000	2 129 000	1 932 000
Financial Income	40 000	11 000	16 000	33 000
Financial Costs	568 000	249 000	177 000	−214 000
Financial Balance	−528 000	−238 000	−161 000	247 000
Earnings Before Tax	2 232 000	2 081 000	1 968 000	1 718 000
Tax	491 000	458 000	433 000	378 000
Net Income	1 741 000	1 623 000	1 535 000	1 340 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 405 000	26 122 000	16 941 000	16 327 000
Total Current Assets	2 576 000	3 569 000	3 752 000	2 713 000
Total Assets	27 981 000	29 691 000	20 692 000	19 041 000
Total Retained Equity	4 660 000	4 498 000	4 119 000	4 033 000
Total Equity	7 292 000	7 130 000	6 751 000	6 664 000
Total Long-Term Debt	16 450 000	18 904 000	9 297 000	9 341 000
Total Current Debt	4 240 000	3 657 000	4 644 000	3 035 000
Total Equity and Debt	27 981 000	29 691 000	20 692 000	19 041 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	537 000	230 000	281 000	291 000
Other Income	4 284 000	3 651 000	3 152 000	3 248 000
Revenue	4 822 000	3 880 000	3 433 000	3 539 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	717 000	497 000	416 000	416 000
Impairment	0	0	0	0
Expenditure	2 062 000	1 550 000	1 304 000	1 608 000
Operating Profit	2 760 000	2 330 000	2 129 000	1 932 000
Financial Income	40 000	11 000	16 000	33 000
Financial Costs	568 000	249 000	177 000	−214 000
Financial Balance	−528 000	−238 000	−161 000	247 000
Dividends	0	0	0	0
Net Income	1 741 000	1 623 000	1 535 000	1 340 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	25 357 000	26 060 000	16 941 000	16 327 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	62 000	0	0
Total Tangible Assets	25 405 000	26 122 000	16 941 000	16 327 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 405 000	26 122 000	16 941 000	16 327 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	851 000	3 427 000	1 887 000	1 457 000
Total Current Assets	2 576 000	3 569 000	3 752 000	2 713 000
Total Assets	27 981 000	29 691 000	20 692 000	19 041 000
Total Equity	7 292 000	7 130 000	6 751 000	6 664 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 450 000	18 904 000	9 297 000	9 341 000
Creditors	80 000	290 000	2 209 000	76 000
Unpaid Taxes	278 000	156 000	0	211 000
Dividends	0	0	0	0
Other Current Debt	3 881 000	3 211 000	2 435 000	2 749 000
Total Current Debt	4 240 000	3 657 000	4 644 000	3 035 000
Total Equity and Debt	27 981 000	29 691 000	20 692 000	19 041 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,88 %	22,76 %	22,74 %	20,11 %
Debt-to-Equity Ratio	2,26	2,65	1,38	1,4
Operating Profit Margin	57,24 %	60,05 %	62,02 %	54,59 %
Current Ratio	0,61	0,98	0,81	0,89
Quick Ratio	0,61	0,98	0,81	0,89
Equity Ratio	0,26	0,24	0,33	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %