GADE AS

0779 OSLO

Finances

Return on Equity

5,67 %

Current Ratio

12,22

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	3 926 000	50 129 000	4 411 000	−57 000
Total Assets	99 682 000	120 911 000	69 091 000	9 980 000
Total Equity	69 270 000	67 083 000	61 525 000	7 277 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	136 000	134 000	1 100 000	77 000
Operating Profit	−136 000	−134 000	−1 100 000	−77 000
Financial Income	5 477 000	64 401 000	801 000	0
Financial Costs	299 000	0	36 000	0
Financial Balance	5 178 000	64 401 000	765 000	0
Earnings Before Tax	5 043 000	64 267 000	−335 000	−77 000
Tax	1 117 000	14 139 000	−4 746 000	−19 000
Net Income	3 926 000	50 129 000	4 411 000	−57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 773 000	41 765 000	34 490 000	85 000
Total Current Assets	53 909 000	79 146 000	34 602 000	9 895 000
Total Assets	99 682 000	120 911 000	69 091 000	9 980 000
Total Retained Equity	69 017 000	66 831 000	21 702 000	7 247 000
Total Equity	69 270 000	67 083 000	61 525 000	7 277 000
Total Long-Term Debt	26 000 000	0	0	0
Total Current Debt	4 412 000	53 827 000	7 567 000	2 704 000
Total Equity and Debt	99 682 000	120 911 000	69 091 000	9 980 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	69 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	136 000	134 000	1 100 000	77 000
Operating Profit	−136 000	−134 000	−1 100 000	−77 000
Financial Income	5 477 000	64 401 000	801 000	0
Financial Costs	299 000	0	36 000	0
Financial Balance	5 178 000	64 401 000	765 000	0
Dividends	0	0	0	0
Net Income	3 926 000	50 129 000	4 411 000	−57 000

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	45 773 000	41 765 000	34 490 000	85 000
Total Fixed Assets	45 773 000	41 765 000	34 490 000	85 000
Stock	0	0	0	0
Total Investments	121 000	0	0	0
Cash, Bank	6 688 000	450 000	1 147 000	525 000
Total Current Assets	53 909 000	79 146 000	34 602 000	9 895 000
Total Assets	99 682 000	120 911 000	69 091 000	9 980 000
Total Equity	69 270 000	67 083 000	61 525 000	7 277 000
Short-Term Group Debt	2 230 000	32 418 000	5 136 000	613 000
Total Long-Term Debt	26 000 000	0	0	0
Creditors	0	33 000	15 000	0
Unpaid Taxes	0	0	0	9 000
Dividends	0	0	0	0
Other Current Debt	0	2 793 000	1 785 000	40 000
Total Current Debt	4 412 000	53 827 000	7 567 000	2 704 000
Total Equity and Debt	99 682 000	120 911 000	69 091 000	9 980 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,67 %	74,73 %	7,17 %	−0,78 %
Debt-to-Equity Ratio	0,38	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	12,22	1,47	4,57	3,66
Quick Ratio	12,22	1,47	4,57	3,66
Equity Ratio	0,69	0,55	0,89	0,73
Gross Profit Margin	-	-	-	-