GITARSENTERET AS

3117 TØNSBERG

Finances

Share Ownership

Return on Equity

212,3 %

Current Ratio

0,77

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 784 000	2 638 000	3 028 000	1 223 000
Net Income	−518 000	−228 000	424 000	115 000
Total Assets	829 000	1 189 000	1 512 000	1 018 000
Total Equity	−244 000	274 000	502 000	78 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 784 000	2 638 000	3 028 000	1 223 000
Expenditure	2 060 000	2 757 000	2 947 000	1 132 000
Operating Profit	−506 000	−226 000	526 000	125 000
Financial Income	1 000	1 000	0	0
Financial Costs	13 000	3 000	6 000	9 000
Financial Balance	−12 000	−2 000	−6 000	−9 000
Earnings Before Tax	−518 000	−228 000	520 000	115 000
Tax	0	0	96 000	0
Net Income	−518 000	−228 000	424 000	115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	6 000	11 000	15 000
Total Current Assets	826 000	1 182 000	1 501 000	1 003 000
Total Assets	829 000	1 189 000	1 512 000	1 018 000
Total Retained Equity	−274 000	244 000	472 000	48 000
Total Equity	−244 000	274 000	502 000	78 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 073 000	915 000	1 010 000	940 000
Total Equity and Debt	829 000	1 189 000	1 512 000	1 018 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 763 000	2 637 000	3 021 000	1 223 000
Other Income	20 000	1 000	6 000	0
Revenue	1 784 000	2 638 000	3 028 000	1 223 000
Cost of Goods Sold	831 000	1 425 000	2 175 000	709 000
Salary Costs	632 000	754 000	330 000	36 000
Depreciation	4 000	4 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	2 060 000	2 757 000	2 947 000	1 132 000
Operating Profit	−506 000	−226 000	526 000	125 000
Financial Income	1 000	1 000	0	0
Financial Costs	13 000	3 000	6 000	9 000
Financial Balance	−12 000	−2 000	−6 000	−9 000
Dividends	0	0	0	0
Net Income	−518 000	−228 000	424 000	115 000

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	2 000	6 000	11 000	15 000
Total Tangible Assets	2 000	6 000	11 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 000	6 000	11 000	15 000
Stock	662 000	893 000	998 000	552 000
Total Investments	0	0	0	0
Cash, Bank	147 000	230 000	479 000	417 000
Total Current Assets	826 000	1 182 000	1 501 000	1 003 000
Total Assets	829 000	1 189 000	1 512 000	1 018 000
Total Equity	−244 000	274 000	502 000	78 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	302 000	57 000	136 000	238 000
Unpaid Taxes	63 000	136 000	114 000	46 000
Dividends	0	0	0	0
Other Current Debt	708 000	722 000	664 000	656 000
Total Current Debt	1 073 000	915 000	1 010 000	940 000
Total Equity and Debt	829 000	1 189 000	1 512 000	1 018 000

Financial indicators	2022	2021	2020	2019
Return on Equity	212,3 %	−83,21 %	84,46 %	147,44 %
Debt-to-Equity Ratio	−0	0	0	0
Operating Profit Margin	−28,36 %	−8,57 %	17,37 %	10,22 %
Current Ratio	0,77	1,29	1,49	1,07
Quick Ratio	2,01	53,73	125,08	2,59
Equity Ratio	−0,29	0,23	0,33	0,08
Gross Profit Margin	53,42 %	45,98 %	28,17 %	42,03 %