GYMEQ NORDIC AS

2380 BRUMUNDDAL

Finances

Return on Equity

13,32 %

Current Ratio

2,13

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 630 000	949 000	1 187 000	1 534 000
Net Income	217 000	377 000	527 000	560 000
Total Assets	3 100 000	2 729 000	2 360 000	1 946 000
Total Equity	1 629 000	1 412 000	1 034 000	507 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 630 000	949 000	1 187 000	1 534 000
Expenditure	1 322 000	457 000	507 000	800 000
Operating Profit	309 000	492 000	680 000	735 000
Financial Income	14 000	1 000	0	−1 000
Financial Costs	44 000	9 000	3 000	16 000
Financial Balance	−30 000	−8 000	−3 000	−17 000
Earnings Before Tax	278 000	484 000	677 000	718 000
Tax	61 000	106 000	150 000	158 000
Net Income	217 000	377 000	527 000	560 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	397 000	338 000	525 000	75 000
Total Current Assets	2 703 000	2 391 000	1 835 000	1 871 000
Total Assets	3 100 000	2 729 000	2 360 000	1 946 000
Total Retained Equity	1 598 000	1 381 000	1 004 000	476 000
Total Equity	1 629 000	1 412 000	1 034 000	507 000
Total Long-Term Debt	203 000	355 000	0	2 000
Total Current Debt	1 268 000	962 000	1 326 000	1 436 000
Total Equity and Debt	3 100 000	2 729 000	2 360 000	1 946 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 198 000	53 000	467 000	1 534 000
Other Income	432 000	896 000	720 000	0
Revenue	1 630 000	949 000	1 187 000	1 534 000
Cost of Goods Sold	854 000	78 000	234 000	630 000
Salary Costs	140 000	0	0	0
Depreciation	152 000	156 000	155 000	5 000
Impairment	0	0	0	0
Expenditure	1 322 000	457 000	507 000	800 000
Operating Profit	309 000	492 000	680 000	735 000
Financial Income	14 000	1 000	0	−1 000
Financial Costs	44 000	9 000	3 000	16 000
Financial Balance	−30 000	−8 000	−3 000	−17 000
Dividends	0	0	0	0
Net Income	217 000	377 000	527 000	560 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	18 000	6 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	150 000	300 000	450 000	0
Fixtures	18 000	20 000	4 000	10 000
Total Tangible Assets	168 000	320 000	454 000	10 000
Total Fiancial Fixed Assets	195 000	0	65 000	65 000
Total Fixed Assets	397 000	338 000	525 000	75 000
Stock	1 894 000	397 000	398 000	1 020 000
Total Investments	0	0	0	0
Cash, Bank	82 000	1 287 000	846 000	431 000
Total Current Assets	2 703 000	2 391 000	1 835 000	1 871 000
Total Assets	3 100 000	2 729 000	2 360 000	1 946 000
Total Equity	1 629 000	1 412 000	1 034 000	507 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	203 000	355 000	0	2 000
Creditors	305 000	438 000	478 000	438 000
Unpaid Taxes	244 000	142 000	148 000	254 000
Dividends	0	0	0	0
Other Current Debt	643 000	264 000	462 000	612 000
Total Current Debt	1 268 000	962 000	1 326 000	1 436 000
Total Equity and Debt	3 100 000	2 729 000	2 360 000	1 946 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,32 %	26,7 %	50,97 %	110,45 %
Debt-to-Equity Ratio	0,12	0,25	0	0
Operating Profit Margin	18,96 %	51,84 %	57,29 %	47,91 %
Current Ratio	2,13	2,49	1,38	1,3
Quick Ratio	−4,32	4,23	1,98	4,5
Equity Ratio	0,53	0,52	0,44	0,26
Gross Profit Margin	47,61 %	91,78 %	80,29 %	58,93 %