GODFOT SCANDINAVIA AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

−13,23 %

Current Ratio

18,28

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	815 000	958 000	1 863 000	1 353 000
Net Income	−50 000	−354 000	−32 000	107 000
Total Assets	482 000	464 000	822 000	1 113 000
Total Equity	378 000	428 000	782 000	815 000

Income (NOK)	2022	2021	2020	2019
Revenue	815 000	958 000	1 863 000	1 353 000
Expenditure	786 000	1 357 000	1 874 000	1 185 000
Operating Profit	29 000	−400 000	−12 000	169 000
Financial Income	0	43 000	1 000	3 000
Financial Costs	0	0	46 000	22 000
Financial Balance	0	43 000	−45 000	−19 000
Earnings Before Tax	28 000	−357 000	−57 000	149 000
Tax	78 000	−3 000	−25 000	42 000
Net Income	−50 000	−354 000	−32 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	12 000	11 000	74 000
Total Current Assets	457 000	453 000	811 000	1 039 000
Total Assets	482 000	464 000	822 000	1 113 000
Total Retained Equity	318 000	368 000	722 000	755 000
Total Equity	378 000	428 000	782 000	815 000
Total Long-Term Debt	78 000	26 000	26 000	113 000
Total Current Debt	25 000	11 000	13 000	185 000
Total Equity and Debt	482 000	464 000	822 000	1 113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	815 000	958 000	1 770 000	1 353 000
Other Income	0	0	93 000	−1 000
Revenue	815 000	958 000	1 863 000	1 353 000
Cost of Goods Sold	287 000	874 000	1 189 000	523 000
Salary Costs	8 000	3 000	4 000	8 000
Depreciation	0	0	31 000	55 000
Impairment	0	0	0	0
Expenditure	786 000	1 357 000	1 874 000	1 185 000
Operating Profit	29 000	−400 000	−12 000	169 000
Financial Income	0	43 000	1 000	3 000
Financial Costs	0	0	46 000	22 000
Financial Balance	0	43 000	−45 000	−19 000
Dividends	0	0	0	0
Net Income	−50 000	−354 000	−32 000	107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	64 000
Total Tangible Assets	0	0	0	64 000
Total Fiancial Fixed Assets	25 000	11 000	11 000	11 000
Total Fixed Assets	25 000	12 000	11 000	74 000
Stock	271 000	301 000	614 000	686 000
Total Investments	0	0	0	0
Cash, Bank	142 000	135 000	163 000	353 000
Total Current Assets	457 000	453 000	811 000	1 039 000
Total Assets	482 000	464 000	822 000	1 113 000
Total Equity	378 000	428 000	782 000	815 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	78 000	26 000	26 000	113 000
Creditors	25 000	11 000	15 000	151 000
Unpaid Taxes	0	0	−3 000	−8 000
Dividends	0	0	0	0
Other Current Debt	0	0	1 000	0
Total Current Debt	25 000	11 000	13 000	185 000
Total Equity and Debt	482 000	464 000	822 000	1 113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,23 %	−82,71 %	−4,09 %	13,13 %
Debt-to-Equity Ratio	0,21	0,06	0,03	0,14
Operating Profit Margin	3,56 %	−41,75 %	−0,64 %	12,49 %
Current Ratio	18,28	41,18	62,38	5,62
Quick Ratio	−1,86	−1,56	−1,35	−2,07
Equity Ratio	0,78	0,92	0,95	0,73
Gross Profit Margin	64,79 %	8,77 %	36,18 %	61,35 %