GTECH AS

4032 STAVANGER

Finances

Return on Equity

58,37 %

Current Ratio

3,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 292 000	1 499 000	1 763 000	1 153 000
Net Income	753 000	425 000	514 000	338 000
Total Assets	1 779 000	1 160 000	1 222 000	791 000
Total Equity	1 290 000	787 000	857 000	640 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 292 000	1 499 000	1 763 000	1 153 000
Expenditure	1 328 000	954 000	1 105 000	730 000
Operating Profit	964 000	544 000	658 000	423 000
Financial Income	2 000	1 000	2 000	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	2 000	2 000
Earnings Before Tax	965 000	545 000	660 000	424 000
Tax	212 000	120 000	146 000	87 000
Net Income	753 000	425 000	514 000	338 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 000	57 000	9 000	11 000
Total Current Assets	1 726 000	1 103 000	1 213 000	781 000
Total Assets	1 779 000	1 160 000	1 222 000	791 000
Total Retained Equity	956 000	453 000	523 000	306 000
Total Equity	1 290 000	787 000	857 000	640 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	489 000	373 000	364 000	151 000
Total Equity and Debt	1 779 000	1 160 000	1 222 000	791 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 292 000	1 499 000	1 763 000	1 153 000
Other Income	0	0	0	0
Revenue	2 292 000	1 499 000	1 763 000	1 153 000
Cost of Goods Sold	918 000	561 000	708 000	467 000
Salary Costs	75 000	163 000	150 000	151 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 328 000	954 000	1 105 000	730 000
Operating Profit	964 000	544 000	658 000	423 000
Financial Income	2 000	1 000	2 000	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	2 000	2 000
Dividends	0	0	0	0
Net Income	753 000	425 000	514 000	338 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	7 000	9 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	50 000	50 000	0	0
Total Fixed Assets	53 000	57 000	9 000	11 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 257 000	719 000	1 016 000	611 000
Total Current Assets	1 726 000	1 103 000	1 213 000	781 000
Total Assets	1 779 000	1 160 000	1 222 000	791 000
Total Equity	1 290 000	787 000	857 000	640 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	99 000	90 000	98 000	19 000
Unpaid Taxes	149 000	91 000	18 000	28 000
Dividends	0	0	0	0
Other Current Debt	32 000	73 000	105 000	20 000
Total Current Debt	489 000	373 000	364 000	151 000
Total Equity and Debt	1 779 000	1 160 000	1 222 000	791 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,37 %	54 %	59,98 %	52,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	42,06 %	36,29 %	37,32 %	36,69 %
Current Ratio	3,53	2,96	3,33	5,17
Quick Ratio	3,53	2,96	3,33	5,17
Equity Ratio	0,73	0,68	0,7	0,81
Gross Profit Margin	59,95 %	62,58 %	59,84 %	59,5 %