GF DESIGN AS

6823 SANDANE

Finances

Share Ownership

Return on Equity

56,95 %

Current Ratio

2,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 709 000	5 178 000	3 017 000	1 763 000
Net Income	1 487 000	1 261 000	711 000	218 000
Total Assets	4 413 000	3 296 000	2 252 000	1 273 000
Total Equity	2 611 000	1 724 000	1 063 000	652 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 709 000	5 178 000	3 017 000	1 763 000
Expenditure	3 804 000	3 555 000	2 100 000	1 469 000
Operating Profit	1 906 000	1 622 000	917 000	293 000
Financial Income	1 000	0	4 000	0
Financial Costs	0	6 000	10 000	14 000
Financial Balance	1 000	−6 000	−6 000	−14 000
Earnings Before Tax	1 906 000	1 617 000	912 000	279 000
Tax	419 000	356 000	201 000	62 000
Net Income	1 487 000	1 261 000	711 000	218 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	441 000	241 000	167 000	215 000
Total Current Assets	3 971 000	3 055 000	2 086 000	1 058 000
Total Assets	4 413 000	3 296 000	2 252 000	1 273 000
Total Retained Equity	2 581 000	1 694 000	1 033 000	622 000
Total Equity	2 611 000	1 724 000	1 063 000	652 000
Total Long-Term Debt	8 000	3 000	93 000	193 000
Total Current Debt	1 794 000	1 570 000	1 096 000	428 000
Total Equity and Debt	4 413 000	3 296 000	2 252 000	1 273 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 709 000	5 178 000	3 017 000	1 763 000
Other Income	0	0	0	0
Revenue	5 709 000	5 178 000	3 017 000	1 763 000
Cost of Goods Sold	2 015 000	1 934 000	975 000	604 000
Salary Costs	1 334 000	1 153 000	844 000	531 000
Depreciation	79 000	74 000	49 000	19 000
Impairment	0	0	0	0
Expenditure	3 804 000	3 555 000	2 100 000	1 469 000
Operating Profit	1 906 000	1 622 000	917 000	293 000
Financial Income	1 000	0	4 000	0
Financial Costs	0	6 000	10 000	14 000
Financial Balance	1 000	−6 000	−6 000	−14 000
Dividends	600 000	600 000	300 000	0
Net Income	1 487 000	1 261 000	711 000	218 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	441 000	241 000	167 000	211 000
Total Tangible Assets	441 000	241 000	167 000	211 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	441 000	241 000	167 000	215 000
Stock	367 000	278 000	210 000	150 000
Total Investments	0	0	0	0
Cash, Bank	2 314 000	2 474 000	1 280 000	195 000
Total Current Assets	3 971 000	3 055 000	2 086 000	1 058 000
Total Assets	4 413 000	3 296 000	2 252 000	1 273 000
Total Equity	2 611 000	1 724 000	1 063 000	652 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	3 000	93 000	193 000
Creditors	171 000	190 000	58 000	96 000
Unpaid Taxes	462 000	286 000	314 000	155 000
Dividends	600 000	600 000	300 000	0
Other Current Debt	147 000	736 000	226 000	118 000
Total Current Debt	1 794 000	1 570 000	1 096 000	428 000
Total Equity and Debt	4 413 000	3 296 000	2 252 000	1 273 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,95 %	73,14 %	66,89 %	33,44 %
Debt-to-Equity Ratio	0	0	0,09	0,3
Operating Profit Margin	33,39 %	31,32 %	30,39 %	16,62 %
Current Ratio	2,21	1,95	1,9	2,47
Quick Ratio	2,78	2,36	2,35	3,81
Equity Ratio	0,59	0,52	0,47	0,51
Gross Profit Margin	64,7 %	62,65 %	67,68 %	65,74 %