GEM AS

1860 TRØGSTAD

Finances

Return on Equity

43,7 %

Current Ratio

Debt-to-Equity Ratio

−8,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 000	101 000	69 000	67 000
Net Income	−201 000	−259 000	−1 905 000	−915 000
Total Assets	3 515 000	2 748 000	3 379 000	3 577 000
Total Equity	−460 000	−259 000	1 000	186 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 000	101 000	69 000	67 000
Expenditure	156 000	295 000	170 000	155 000
Operating Profit	−93 000	−194 000	−102 000	−89 000
Financial Income	0	0	−943 000	980 000
Financial Costs	109 000	66 000	860 000	1 807 000
Financial Balance	−109 000	−66 000	−1 803 000	−827 000
Earnings Before Tax	−201 000	−259 000	−1 905 000	−915 000
Tax	0	0	0	0
Net Income	−201 000	−259 000	−1 905 000	−915 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 431 000	1 931 000	1 973 000	2 821 000
Total Current Assets	84 000	817 000	1 406 000	756 000
Total Assets	3 515 000	2 748 000	3 379 000	3 577 000
Total Retained Equity	−490 000	−289 000	−29 000	156 000
Total Equity	−460 000	−259 000	1 000	186 000
Total Long-Term Debt	3 974 000	1 209 000	1 262 000	1 279 000
Total Current Debt	1 000	1 797 000	2 116 000	2 112 000
Total Equity and Debt	3 515 000	2 748 000	3 379 000	3 577 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	10 000
Other Income	63 000	101 000	69 000	57 000
Revenue	63 000	101 000	69 000	67 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	68 000	78 000	80 000	76 000
Impairment	0	0	0	0
Expenditure	156 000	295 000	170 000	155 000
Operating Profit	−93 000	−194 000	−102 000	−89 000
Financial Income	0	0	−943 000	980 000
Financial Costs	109 000	66 000	860 000	1 807 000
Financial Balance	−109 000	−66 000	−1 803 000	−827 000
Dividends	0	0	0	0
Net Income	−201 000	−259 000	−1 905 000	−915 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 120 000	1 188 000	1 256 000	1 209 000
Machinery and Plant Facilities	0	0	13 000	0
Fixtures	810 000	743 000	705 000	132 000
Total Tangible Assets	1 931 000	1 931 000	1 973 000	1 341 000
Total Fiancial Fixed Assets	1 500 000	0	0	1 480 000
Total Fixed Assets	3 431 000	1 931 000	1 973 000	2 821 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	63 000	817 000	1 399 000	753 000
Total Current Assets	84 000	817 000	1 406 000	756 000
Total Assets	3 515 000	2 748 000	3 379 000	3 577 000
Total Equity	−460 000	−259 000	1 000	186 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 974 000	1 209 000	1 262 000	1 279 000
Creditors	0	0	0	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	1 798 000	2 116 000	2 111 000
Total Current Debt	1 000	1 797 000	2 116 000	2 112 000
Total Equity and Debt	3 515 000	2 748 000	3 379 000	3 577 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,7 %	100 %	−190 500 %	−491,94 %
Debt-to-Equity Ratio	−8,64	−4,67	1 262	6,88
Operating Profit Margin	−147,62 %	−192,08 %	−147,83 %	−132,84 %
Current Ratio	84	0,45	0,66	0,36
Quick Ratio	84	0,45	0,66	0,36
Equity Ratio	−0,13	−0,09	0	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %