GIG NORWAY AS

0160 OSLO

Finances

Share Ownership

Return on Equity

−62,5 %

Current Ratio

1,64

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 715 000	8 528 000	23 669 000	41 325 000
Net Income	−1 175 000	−1 652 000	3 385 000	2 951 000
Total Assets	4 414 000	13 939 000	17 035 000	16 267 000
Total Equity	1 880 000	3 055 000	14 706 000	11 321 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 715 000	8 528 000	23 669 000	41 325 000
Expenditure	7 860 000	9 581 000	20 574 000	37 854 000
Operating Profit	−145 000	−1 052 000	3 095 000	3 471 000
Financial Income	54 000	0	723 000	495 000
Financial Costs	1 083 000	599 000	−526 000	154 000
Financial Balance	−1 029 000	−599 000	1 249 000	341 000
Earnings Before Tax	−1 175 000	−1 652 000	4 343 000	3 812 000
Tax	0	0	959 000	861 000
Net Income	−1 175 000	−1 652 000	3 385 000	2 951 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	252 000	519 000	1 192 000	2 109 000
Total Current Assets	4 162 000	13 420 000	15 843 000	14 158 000
Total Assets	4 414 000	13 939 000	17 035 000	16 267 000
Total Retained Equity	66 000	1 241 000	12 893 000	9 508 000
Total Equity	1 880 000	3 055 000	14 706 000	11 321 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 534 000	10 885 000	2 328 000	4 946 000
Total Equity and Debt	4 414 000	13 939 000	17 035 000	16 267 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 715 000	7 923 000	23 669 000	41 325 000
Other Income	0	605 000	0	0
Revenue	7 715 000	8 528 000	23 669 000	41 325 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 265 000	4 522 000	11 292 000	21 526 000
Depreciation	267 000	673 000	1 235 000	1 127 000
Impairment	0	0	0	0
Expenditure	7 860 000	9 581 000	20 574 000	37 854 000
Operating Profit	−145 000	−1 052 000	3 095 000	3 471 000
Financial Income	54 000	0	723 000	495 000
Financial Costs	1 083 000	599 000	−526 000	154 000
Financial Balance	−1 029 000	−599 000	1 249 000	341 000
Dividends	0	10 000 000	0	0
Net Income	−1 175 000	−1 652 000	3 385 000	2 951 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	252 000	252 000	252 000	108 000
Real Eastate	0	257 000	548 000	660 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	10 000	391 000	1 342 000
Total Tangible Assets	0	267 000	940 000	2 002 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	252 000	519 000	1 192 000	2 109 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 507 000	515 000	322 000	680 000
Total Current Assets	4 162 000	13 420 000	15 843 000	14 158 000
Total Assets	4 414 000	13 939 000	17 035 000	16 267 000
Total Equity	1 880 000	3 055 000	14 706 000	11 321 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 834 000	144 000	420 000	813 000
Unpaid Taxes	227 000	392 000	235 000	878 000
Dividends	0	10 000 000	0	0
Other Current Debt	473 000	349 000	570 000	2 283 000
Total Current Debt	2 534 000	10 885 000	2 328 000	4 946 000
Total Equity and Debt	4 414 000	13 939 000	17 035 000	16 267 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,5 %	−54,08 %	23,02 %	26,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,88 %	−12,34 %	13,08 %	8,4 %
Current Ratio	1,64	1,23	6,81	2,86
Quick Ratio	1,64	1,23	6,81	2,86
Equity Ratio	0,43	0,22	0,86	0,7
Gross Profit Margin	100 %	100 %	100 %	100 %