GTI KARMØY AS

4270 ÅKREHAMN

Finances

Return on Equity

64,36 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 233 000	6 875 000	5 905 000	3 876 000
Net Income	1 237 000	719 000	191 000	−237 000
Total Assets	4 845 000	3 362 000	2 091 000	2 025 000
Total Equity	1 922 000	685 000	67 000	−124 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 233 000	6 875 000	5 905 000	3 876 000
Expenditure	5 562 000	5 802 000	5 640 000	3 961 000
Operating Profit	1 671 000	1 074 000	265 000	−85 000
Financial Income	4 000	−16 000	0	0
Financial Costs	91 000	62 000	71 000	63 000
Financial Balance	−87 000	−78 000	−71 000	−63 000
Earnings Before Tax	1 584 000	996 000	194 000	−147 000
Tax	347 000	277 000	3 000	89 000
Net Income	1 237 000	719 000	191 000	−237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 380 000	1 302 000	1 386 000	1 228 000
Total Current Assets	2 465 000	2 061 000	705 000	797 000
Total Assets	4 845 000	3 362 000	2 091 000	2 025 000
Total Retained Equity	1 788 000	551 000	−68 000	−259 000
Total Equity	1 922 000	685 000	67 000	−124 000
Total Long-Term Debt	1 414 000	1 129 000	1 286 000	1 475 000
Total Current Debt	1 508 000	1 547 000	738 000	674 000
Total Equity and Debt	4 845 000	3 362 000	2 091 000	2 025 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 397 000	6 858 000	5 887 000	3 876 000
Other Income	−164 000	17 000	18 000	0
Revenue	7 233 000	6 875 000	5 905 000	3 876 000
Cost of Goods Sold	1 479 000	2 080 000	2 645 000	1 339 000
Salary Costs	1 286 000	1 449 000	1 401 000	1 320 000
Depreciation	479 000	375 000	406 000	241 000
Impairment	0	0	0	0
Expenditure	5 562 000	5 802 000	5 640 000	3 961 000
Operating Profit	1 671 000	1 074 000	265 000	−85 000
Financial Income	4 000	−16 000	0	0
Financial Costs	91 000	62 000	71 000	63 000
Financial Balance	−87 000	−78 000	−71 000	−63 000
Dividends	0	100 000	0	0
Net Income	1 237 000	719 000	191 000	−237 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	148 000	48 000	97 000	146 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 810 000	1 189 000	1 192 000	1 025 000
Total Tangible Assets	1 957 000	1 237 000	1 289 000	1 172 000
Total Fiancial Fixed Assets	422 000	65 000	98 000	57 000
Total Fixed Assets	2 380 000	1 302 000	1 386 000	1 228 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 205 000	1 382 000	183 000	258 000
Total Current Assets	2 465 000	2 061 000	705 000	797 000
Total Assets	4 845 000	3 362 000	2 091 000	2 025 000
Total Equity	1 922 000	685 000	67 000	−124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 414 000	1 129 000	1 286 000	1 475 000
Creditors	537 000	389 000	405 000	198 000
Unpaid Taxes	405 000	314 000	75 000	174 000
Dividends	0	100 000	0	0
Other Current Debt	220 000	467 000	255 000	302 000
Total Current Debt	1 508 000	1 547 000	738 000	674 000
Total Equity and Debt	4 845 000	3 362 000	2 091 000	2 025 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,36 %	104,96 %	285,07 %	191,13 %
Debt-to-Equity Ratio	0,74	1,65	19,19	−11,9
Operating Profit Margin	23,1 %	15,62 %	4,49 %	−2,19 %
Current Ratio	1,63	1,33	0,96	1,18
Quick Ratio	1,63	1,33	0,96	1,18
Equity Ratio	0,4	0,2	0,03	−0,06
Gross Profit Margin	79,55 %	69,75 %	55,21 %	65,45 %