GATESOFT AS

4846 ARENDAL

Finances

Share Ownership

Return on Equity

133,85 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 904 000	1 685 000	1 389 000	1 338 000
Net Income	348 000	225 000	133 000	−15 000
Total Assets	1 093 000	779 000	763 000	845 000
Total Equity	260 000	162 000	187 000	154 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 904 000	1 685 000	1 389 000	1 338 000
Expenditure	1 455 000	1 380 000	1 200 000	1 322 000
Operating Profit	449 000	305 000	188 000	16 000
Financial Income	0	2 000	0	0
Financial Costs	3 000	7 000	27 000	31 000
Financial Balance	−3 000	−5 000	−27 000	−31 000
Earnings Before Tax	445 000	300 000	162 000	−15 000
Tax	98 000	75 000	29 000	0
Net Income	348 000	225 000	133 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	278 000	258 000	298 000	295 000
Total Current Assets	815 000	521 000	465 000	550 000
Total Assets	1 093 000	779 000	763 000	845 000
Total Retained Equity	160 000	62 000	87 000	54 000
Total Equity	260 000	162 000	187 000	154 000
Total Long-Term Debt	0	0	24 000	54 000
Total Current Debt	833 000	617 000	552 000	637 000
Total Equity and Debt	1 093 000	779 000	763 000	845 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 852 000	1 625 000	1 389 000	1 338 000
Other Income	52 000	60 000	0	0
Revenue	1 904 000	1 685 000	1 389 000	1 338 000
Cost of Goods Sold	111 000	122 000	77 000	34 000
Salary Costs	768 000	738 000	669 000	701 000
Depreciation	129 000	117 000	139 000	156 000
Impairment	0	0	0	0
Expenditure	1 455 000	1 380 000	1 200 000	1 322 000
Operating Profit	449 000	305 000	188 000	16 000
Financial Income	0	2 000	0	0
Financial Costs	3 000	7 000	27 000	31 000
Financial Balance	−3 000	−5 000	−27 000	−31 000
Dividends	250 000	250 000	100 000	0
Net Income	348 000	225 000	133 000	−15 000

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	278 000	258 000	298 000	295 000
Total Tangible Assets	278 000	258 000	298 000	295 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	278 000	258 000	298 000	295 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	366 000	281 000	30 000	64 000
Total Current Assets	815 000	521 000	465 000	550 000
Total Assets	1 093 000	779 000	763 000	845 000
Total Equity	260 000	162 000	187 000	154 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	24 000	54 000
Creditors	15 000	7 000	11 000	25 000
Unpaid Taxes	149 000	129 000	136 000	120 000
Dividends	250 000	250 000	100 000	0
Other Current Debt	322 000	156 000	100 000	215 000
Total Current Debt	833 000	617 000	552 000	637 000
Total Equity and Debt	1 093 000	779 000	763 000	845 000

Financial indicators	2022	2021	2020	2019
Return on Equity	133,85 %	138,89 %	71,12 %	−9,74 %
Debt-to-Equity Ratio	0	0	0,13	0,35
Operating Profit Margin	23,58 %	18,1 %	13,53 %	1,2 %
Current Ratio	0,98	0,84	0,84	0,86
Quick Ratio	0,98	0,84	0,84	0,86
Equity Ratio	0,24	0,21	0,25	0,18
Gross Profit Margin	94,17 %	92,76 %	94,46 %	97,46 %