GEMOIL AS

4050 SOLA

Finances

Share Ownership

Return on Equity

59,33 %

Current Ratio

3,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 564 000	2 552 000	1 849 000	2 027 000
Net Income	1 348 000	29 000	990 000	853 000
Total Assets	3 063 000	3 934 000	2 376 000	1 382 000
Total Equity	2 272 000	925 000	1 895 000	905 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 564 000	2 552 000	1 849 000	2 027 000
Expenditure	837 000	2 515 000	580 000	933 000
Operating Profit	1 728 000	38 000	1 269 000	1 094 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	1 728 000	38 000	1 269 000	1 094 000
Tax	380 000	8 000	279 000	241 000
Net Income	1 348 000	29 000	990 000	853 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 063 000	3 934 000	2 376 000	1 382 000
Total Assets	3 063 000	3 934 000	2 376 000	1 382 000
Total Retained Equity	2 242 000	895 000	1 865 000	875 000
Total Equity	2 272 000	925 000	1 895 000	905 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	790 000	3 009 000	480 000	477 000
Total Equity and Debt	3 063 000	3 934 000	2 376 000	1 382 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 564 000	2 552 000	1 849 000	2 027 000
Other Income	0	0	0	0
Revenue	2 564 000	2 552 000	1 849 000	2 027 000
Cost of Goods Sold	0	0	0	0
Salary Costs	687 000	2 445 000	503 000	846 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	837 000	2 515 000	580 000	933 000
Operating Profit	1 728 000	38 000	1 269 000	1 094 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	1 000 000	0	0
Net Income	1 348 000	29 000	990 000	853 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 596 000	3 291 000	1 949 000	1 322 000
Total Current Assets	3 063 000	3 934 000	2 376 000	1 382 000
Total Assets	3 063 000	3 934 000	2 376 000	1 382 000
Total Equity	2 272 000	925 000	1 895 000	905 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	5 000	4 000	0
Unpaid Taxes	131 000	416 000	142 000	131 000
Dividends	0	1 000 000	0	0
Other Current Debt	274 000	1 580 000	55 000	105 000
Total Current Debt	790 000	3 009 000	480 000	477 000
Total Equity and Debt	3 063 000	3 934 000	2 376 000	1 382 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,33 %	3,14 %	52,24 %	94,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	67,39 %	1,49 %	68,63 %	53,97 %
Current Ratio	3,88	1,31	4,95	2,9
Quick Ratio	3,88	1,31	4,95	2,9
Equity Ratio	0,74	0,24	0,8	0,65
Gross Profit Margin	100 %	100 %	100 %	100 %