GALTERÅSEN AS

5915 HJELMÅS

Finances

Share Ownership

Return on Equity

5,03 %

Current Ratio

4,91

Debt-to-Equity Ratio

3,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 070 000	967 000	408 000	0
Net Income	159 000	764 000	−217 000	−609 000
Total Assets	14 714 000	17 007 000	14 756 000	13 514 000
Total Equity	3 162 000	3 003 000	343 000	560 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 070 000	967 000	408 000	0
Expenditure	452 000	322 000	277 000	339 000
Operating Profit	618 000	644 000	131 000	−339 000
Financial Income	3 000	2 000	10 000	0
Financial Costs	372 000	287 000	358 000	270 000
Financial Balance	−369 000	−285 000	−348 000	−270 000
Earnings Before Tax	249 000	360 000	−217 000	−609 000
Tax	90 000	−404 000	0	0
Net Income	159 000	764 000	−217 000	−609 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 002 000	14 233 000	14 462 000	9 634 000
Total Current Assets	712 000	2 775 000	294 000	3 880 000
Total Assets	14 714 000	17 007 000	14 756 000	13 514 000
Total Retained Equity	1 237 000	1 078 000	313 000	530 000
Total Equity	3 162 000	3 003 000	343 000	560 000
Total Long-Term Debt	11 407 000	13 909 000	14 359 000	12 508 000
Total Current Debt	145 000	96 000	54 000	445 000
Total Equity and Debt	14 714 000	17 007 000	14 756 000	13 514 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 070 000	967 000	408 000	0
Revenue	1 070 000	967 000	408 000	0
Cost of Goods Sold	−1 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	231 000	253 000	135 000	0
Impairment	0	0	0	0
Expenditure	452 000	322 000	277 000	339 000
Operating Profit	618 000	644 000	131 000	−339 000
Financial Income	3 000	2 000	10 000	0
Financial Costs	372 000	287 000	358 000	270 000
Financial Balance	−369 000	−285 000	−348 000	−270 000
Dividends	0	0	0	0
Net Income	159 000	764 000	−217 000	−609 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 984 000	14 210 000	14 462 000	9 634 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	23 000	0	0
Total Tangible Assets	14 002 000	14 233 000	14 462 000	9 634 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 002 000	14 233 000	14 462 000	9 634 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	583 000	71 000	18 000	1 291 000
Total Current Assets	712 000	2 775 000	294 000	3 880 000
Total Assets	14 714 000	17 007 000	14 756 000	13 514 000
Total Equity	3 162 000	3 003 000	343 000	560 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 407 000	13 909 000	14 359 000	12 508 000
Creditors	18 000	88 000	0	438 000
Unpaid Taxes	67 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 000	8 000	54 000	7 000
Total Current Debt	145 000	96 000	54 000	445 000
Total Equity and Debt	14 714 000	17 007 000	14 756 000	13 514 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,03 %	25,44 %	−63,27 %	−108,75 %
Debt-to-Equity Ratio	3,61	4,63	41,86	22,34
Operating Profit Margin	57,76 %	66,6 %	32,11 %	-
Current Ratio	4,91	28,91	5,44	8,72
Quick Ratio	4,91	28,91	5,44	8,72
Equity Ratio	0,21	0,18	0,02	0,04
Gross Profit Margin	100,09 %	100 %	100 %	-