GYROCRAFT AS

3930 PORSGRUNN

Finances

Share Ownership

Return on Equity

−96 %

Current Ratio

0,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	629 000	855 000	751 000	782 000
Net Income	−48 000	97 000	23 000	−93 000
Total Assets	215 000	231 000	162 000	323 000
Total Equity	50 000	98 000	1 000	−23 000

Income (NOK)	2022	2021	2020	2019
Revenue	629 000	855 000	751 000	782 000
Expenditure	678 000	750 000	721 000	871 000
Operating Profit	−48 000	105 000	30 000	−90 000
Financial Income	0	0	0	0
Financial Costs	0	6 000	7 000	2 000
Financial Balance	0	−6 000	−7 000	−2 000
Earnings Before Tax	−48 000	99 000	23 000	−93 000
Tax	0	2 000	0	0
Net Income	−48 000	97 000	23 000	−93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	112 000	67 000	48 000	55 000
Total Current Assets	103 000	164 000	113 000	268 000
Total Assets	215 000	231 000	162 000	323 000
Total Retained Equity	−50 000	−2 000	−99 000	−123 000
Total Equity	50 000	98 000	1 000	−23 000
Total Long-Term Debt	0	0	27 000	27 000
Total Current Debt	165 000	133 000	134 000	319 000
Total Equity and Debt	215 000	231 000	162 000	323 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	629 000	853 000	751 000	782 000
Other Income	0	2 000	0	0
Revenue	629 000	855 000	751 000	782 000
Cost of Goods Sold	62 000	70 000	177 000	176 000
Salary Costs	405 000	419 000	260 000	430 000
Depreciation	25 000	5 000	6 000	4 000
Impairment	0	0	0	0
Expenditure	678 000	750 000	721 000	871 000
Operating Profit	−48 000	105 000	30 000	−90 000
Financial Income	0	0	0	0
Financial Costs	0	6 000	7 000	2 000
Financial Balance	0	−6 000	−7 000	−2 000
Dividends	0	0	0	0
Net Income	−48 000	97 000	23 000	−93 000

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	109 000	43 000	48 000	55 000
Total Tangible Assets	109 000	43 000	48 000	55 000
Total Fiancial Fixed Assets	3 000	23 000	0	0
Total Fixed Assets	112 000	67 000	48 000	55 000
Stock	0	0	0	75 000
Total Investments	0	0	0	0
Cash, Bank	23 000	67 000	22 000	34 000
Total Current Assets	103 000	164 000	113 000	268 000
Total Assets	215 000	231 000	162 000	323 000
Total Equity	50 000	98 000	1 000	−23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	27 000	27 000
Creditors	91 000	47 000	0	164 000
Unpaid Taxes	43 000	51 000	53 000	65 000
Dividends	0	0	0	0
Other Current Debt	31 000	33 000	82 000	90 000
Total Current Debt	165 000	133 000	134 000	319 000
Total Equity and Debt	215 000	231 000	162 000	323 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−96 %	98,98 %	2 300 %	404,35 %
Debt-to-Equity Ratio	0	0	27	−1,17
Operating Profit Margin	−7,63 %	12,28 %	3,99 %	−11,51 %
Current Ratio	0,62	1,23	0,84	0,84
Quick Ratio	0,62	1,23	0,84	1,1
Equity Ratio	0,23	0,42	0,01	−0,07
Gross Profit Margin	90,14 %	91,81 %	76,43 %	77,49 %