GA BIKES AS

4323 SANDNES

Finances

Share Ownership

Return on Equity

7,57 %

Current Ratio

0,32

Debt-to-Equity Ratio

−0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 000	61 000	264 000	1 247 000
Net Income	−44 000	−148 000	−89 000	387 000
Total Assets	224 000	243 000	280 000	701 000
Total Equity	−581 000	−537 000	−389 000	−300 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 000	61 000	264 000	1 247 000
Expenditure	106 000	202 000	352 000	857 000
Operating Profit	−36 000	−142 000	−87 000	390 000
Financial Income	0	0	0	0
Financial Costs	8 000	6 000	2 000	3 000
Financial Balance	−8 000	−6 000	−2 000	−3 000
Earnings Before Tax	−44 000	−148 000	−89 000	387 000
Tax	0	0	0	0
Net Income	−44 000	−148 000	−89 000	387 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	224 000	243 000	280 000	701 000
Total Assets	224 000	243 000	280 000	701 000
Total Retained Equity	−611 000	−567 000	−419 000	−330 000
Total Equity	−581 000	−537 000	−389 000	−300 000
Total Long-Term Debt	98 000	685 000	633 000	0
Total Current Debt	707 000	96 000	36 000	1 001 000
Total Equity and Debt	224 000	243 000	280 000	701 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 000	61 000	241 000	1 247 000
Other Income	0	0	23 000	0
Revenue	69 000	61 000	264 000	1 247 000
Cost of Goods Sold	76 000	165 000	222 000	546 000
Salary Costs	1 000	0	0	0
Depreciation	0	0	0	9 000
Impairment	0	0	0	0
Expenditure	106 000	202 000	352 000	857 000
Operating Profit	−36 000	−142 000	−87 000	390 000
Financial Income	0	0	0	0
Financial Costs	8 000	6 000	2 000	3 000
Financial Balance	−8 000	−6 000	−2 000	−3 000
Dividends	0	0	0	0
Net Income	−44 000	−148 000	−89 000	387 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	215 000	234 000	247 000	372 000
Total Investments	0	0	0	0
Cash, Bank	0	0	10 000	199 000
Total Current Assets	224 000	243 000	280 000	701 000
Total Assets	224 000	243 000	280 000	701 000
Total Equity	−581 000	−537 000	−389 000	−300 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	98 000	685 000	633 000	0
Creditors	0	0	0	0
Unpaid Taxes	3 000	0	36 000	189 000
Dividends	0	0	0	0
Other Current Debt	703 000	0	0	811 000
Total Current Debt	707 000	96 000	36 000	1 001 000
Total Equity and Debt	224 000	243 000	280 000	701 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,57 %	27,56 %	22,88 %	−129 %
Debt-to-Equity Ratio	−0,17	−1,28	−1,63	−0
Operating Profit Margin	−52,17 %	−232,79 %	−32,95 %	31,28 %
Current Ratio	0,32	2,53	7,78	0,7
Quick Ratio	0,46	−1,76	−1,33	1,11
Equity Ratio	−2,59	−2,21	−1,39	−0,43
Gross Profit Margin	−10,14 %	−170,49 %	15,91 %	56,21 %