GASTROTECH AS

2020 SKEDSMOKORSET

Finances

Share Ownership

Return on Equity

−4,73 %

Current Ratio

0,74

Debt-to-Equity Ratio

−0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 203 000	12 066 000	9 533 000	11 730 000
Net Income	117 000	65 000	−3 123 000	307 000
Total Assets	5 056 000	2 988 000	2 115 000	3 772 000
Total Equity	−2 471 000	−2 589 000	−2 654 000	469 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 203 000	12 066 000	9 533 000	11 730 000
Expenditure	16 907 000	11 949 000	12 449 000	11 248 000
Operating Profit	297 000	116 000	−2 916 000	482 000
Financial Income	48 000	125 000	24 000	44 000
Financial Costs	227 000	177 000	209 000	132 000
Financial Balance	−179 000	−52 000	−185 000	−88 000
Earnings Before Tax	117 000	65 000	−3 101 000	394 000
Tax	0	0	22 000	87 000
Net Income	117 000	65 000	−3 123 000	307 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	984 000	359 000	404 000	721 000
Total Current Assets	4 073 000	2 630 000	1 711 000	3 051 000
Total Assets	5 056 000	2 988 000	2 115 000	3 772 000
Total Retained Equity	−2 561 000	−2 679 000	−2 744 000	0
Total Equity	−2 471 000	−2 589 000	−2 654 000	469 000
Total Long-Term Debt	2 008 000	1 901 000	2 445 000	1 366 000
Total Current Debt	5 520 000	3 677 000	2 323 000	1 937 000
Total Equity and Debt	5 056 000	2 988 000	2 115 000	3 772 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 081 000	11 813 000	9 261 000	11 729 000
Other Income	123 000	253 000	272 000	0
Revenue	17 203 000	12 066 000	9 533 000	11 730 000
Cost of Goods Sold	10 926 000	6 677 000	6 705 000	6 791 000
Salary Costs	3 250 000	2 830 000	2 940 000	2 907 000
Depreciation	63 000	45 000	28 000	0
Impairment	0	0	0	0
Expenditure	16 907 000	11 949 000	12 449 000	11 248 000
Operating Profit	297 000	116 000	−2 916 000	482 000
Financial Income	48 000	125 000	24 000	44 000
Financial Costs	227 000	177 000	209 000	132 000
Financial Balance	−179 000	−52 000	−185 000	−88 000
Dividends	0	0	0	0
Net Income	117 000	65 000	−3 123 000	307 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	91 000	136 000	181 000	231 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	501 000	31 000	31 000	0
Total Tangible Assets	501 000	31 000	31 000	0
Total Fiancial Fixed Assets	392 000	192 000	192 000	490 000
Total Fixed Assets	984 000	359 000	404 000	721 000
Stock	1 988 000	849 000	975 000	1 207 000
Total Investments	0	0	0	0
Cash, Bank	100 000	120 000	94 000	114 000
Total Current Assets	4 073 000	2 630 000	1 711 000	3 051 000
Total Assets	5 056 000	2 988 000	2 115 000	3 772 000
Total Equity	−2 471 000	−2 589 000	−2 654 000	469 000
Short-Term Group Debt	794 000	825 000	851 000	421 000
Total Long-Term Debt	2 008 000	1 901 000	2 445 000	1 366 000
Creditors	1 789 000	489 000	841 000	993 000
Unpaid Taxes	635 000	1 122 000	338 000	125 000
Dividends	0	0	0	0
Other Current Debt	1 655 000	1 241 000	294 000	397 000
Total Current Debt	5 520 000	3 677 000	2 323 000	1 937 000
Total Equity and Debt	5 056 000	2 988 000	2 115 000	3 772 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,73 %	−2,51 %	117,67 %	65,46 %
Debt-to-Equity Ratio	−0,81	−0,73	−0,92	2,91
Operating Profit Margin	1,73 %	0,96 %	−30,59 %	4,11 %
Current Ratio	0,74	0,72	0,74	1,58
Quick Ratio	1,15	0,93	1,27	4,18
Equity Ratio	−0,49	−0,87	−1,25	0,12
Gross Profit Margin	36,49 %	44,66 %	29,67 %	42,11 %