GÅDJÅ ETIOPISK RESTAURANT AS

4013 STAVANGER

Finances

Share Ownership

Return on Equity

6,9 %

Current Ratio

0,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 898 000	4 736 000	4 303 000	5 684 000
Net Income	2 000	−156 000	161 000	−118 000
Total Assets	617 000	561 000	357 000	700 000
Total Equity	29 000	28 000	183 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 898 000	4 736 000	4 303 000	5 684 000
Expenditure	5 924 000	4 887 000	4 113 000	5 798 000
Operating Profit	−26 000	−152 000	191 000	−114 000
Financial Income	0	0	0	0
Financial Costs	3 000	2 000	5 000	5 000
Financial Balance	−3 000	−2 000	−5 000	−5 000
Earnings Before Tax	−29 000	−154 000	186 000	−119 000
Tax	−31 000	2 000	25 000	−1 000
Net Income	2 000	−156 000	161 000	−118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	109 000	101 000	132 000	167 000
Total Current Assets	507 000	460 000	225 000	534 000
Total Assets	617 000	561 000	357 000	700 000
Total Retained Equity	−1 000	−2 000	153 000	−7 000
Total Equity	29 000	28 000	183 000	23 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	587 000	534 000	173 000	678 000
Total Equity and Debt	617 000	561 000	357 000	700 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 478 000	4 581 000	3 919 000	5 672 000
Other Income	420 000	154 000	384 000	12 000
Revenue	5 898 000	4 736 000	4 303 000	5 684 000
Cost of Goods Sold	1 828 000	1 446 000	1 446 000	1 646 000
Salary Costs	2 120 000	1 795 000	1 311 000	2 540 000
Depreciation	22 000	29 000	37 000	47 000
Impairment	0	0	0	0
Expenditure	5 924 000	4 887 000	4 113 000	5 798 000
Operating Profit	−26 000	−152 000	191 000	−114 000
Financial Income	0	0	0	0
Financial Costs	3 000	2 000	5 000	5 000
Financial Balance	−3 000	−2 000	−5 000	−5 000
Dividends	0	0	0	0
Net Income	2 000	−156 000	161 000	−118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	0	2 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	79 000	101 000	130 000	167 000
Total Tangible Assets	79 000	101 000	130 000	167 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	109 000	101 000	132 000	167 000
Stock	51 000	0	0	92 000
Total Investments	0	0	0	0
Cash, Bank	446 000	460 000	225 000	438 000
Total Current Assets	507 000	460 000	225 000	534 000
Total Assets	617 000	561 000	357 000	700 000
Total Equity	29 000	28 000	183 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	112 000	23 000	−155 000	0
Unpaid Taxes	315 000	311 000	181 000	459 000
Dividends	0	0	0	0
Other Current Debt	161 000	199 000	125 000	219 000
Total Current Debt	587 000	534 000	173 000	678 000
Total Equity and Debt	617 000	561 000	357 000	700 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,9 %	−557,14 %	87,98 %	−513,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,44 %	−3,21 %	4,44 %	−2,01 %
Current Ratio	0,86	0,86	1,3	0,79
Quick Ratio	0,95	0,86	1,3	0,91
Equity Ratio	0,05	0,05	0,51	0,03
Gross Profit Margin	69,01 %	69,47 %	66,4 %	71,04 %