GT UTVIKLING AS

1177 OSLO

Finances

Return on Equity

14,55 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	106 000	106 000	135 000	1 233 000
Net Income	24 000	767 000	527 000	345 000
Total Assets	253 000	1 016 000	1 016 000	1 051 000
Total Equity	165 000	141 000	173 000	446 000

Income (NOK)	2022	2021	2020	2019
Revenue	106 000	106 000	135 000	1 233 000
Expenditure	75 000	78 000	97 000	796 000
Operating Profit	31 000	29 000	38 000	438 000
Financial Income	0	750 000	501 000	5 000
Financial Costs	0	0	0	0
Financial Balance	0	750 000	501 000	5 000
Earnings Before Tax	31 000	779 000	539 000	442 000
Tax	7 000	11 000	12 000	98 000
Net Income	24 000	767 000	527 000	345 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	90 000	85 000	45 000	30 000
Total Current Assets	164 000	931 000	971 000	1 021 000
Total Assets	253 000	1 016 000	1 016 000	1 051 000
Total Retained Equity	135 000	111 000	143 000	416 000
Total Equity	165 000	141 000	173 000	446 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	89 000	875 000	843 000	605 000
Total Equity and Debt	253 000	1 016 000	1 016 000	1 051 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	106 000	106 000	135 000	1 233 000
Other Income	0	0	0	0
Revenue	106 000	106 000	135 000	1 233 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	629 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	75 000	78 000	97 000	796 000
Operating Profit	31 000	29 000	38 000	438 000
Financial Income	0	750 000	501 000	5 000
Financial Costs	0	0	0	0
Financial Balance	0	750 000	501 000	5 000
Dividends	0	800 000	800 000	500 000
Net Income	24 000	767 000	527 000	345 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	90 000	85 000	45 000	30 000
Total Fixed Assets	90 000	85 000	45 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	119 000	168 000	409 000	802 000
Total Current Assets	164 000	931 000	971 000	1 021 000
Total Assets	253 000	1 016 000	1 016 000	1 051 000
Total Equity	165 000	141 000	173 000	446 000
Short-Term Group Debt	57 000	51 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	0	1 000
Unpaid Taxes	25 000	24 000	31 000	6 000
Dividends	0	800 000	800 000	500 000
Other Current Debt	0	0	0	0
Total Current Debt	89 000	875 000	843 000	605 000
Total Equity and Debt	253 000	1 016 000	1 016 000	1 051 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,55 %	543,97 %	304,62 %	77,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,25 %	27,36 %	28,15 %	35,52 %
Current Ratio	1,84	1,06	1,15	1,69
Quick Ratio	1,84	1,06	1,15	1,69
Equity Ratio	0,65	0,14	0,17	0,42
Gross Profit Margin	100 %	100 %	100 %	100 %