GM AUTO AS

2092 MINNESUND

Finances

Share Ownership

Return on Equity

−7,14 %

Current Ratio

0,73

Debt-to-Equity Ratio

−0

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 239 000	2 792 000	3 415 000	2 603 000
Net Income	5 000	58 000	−155 000	127 000
Total Assets	414 000	509 000	345 000	668 000
Total Equity	−70 000	−76 000	−134 000	22 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 239 000	2 792 000	3 415 000	2 603 000
Expenditure	3 222 000	2 727 000	3 571 000	2 441 000
Operating Profit	18 000	65 000	−156 000	161 000
Financial Income	0	0	3 000	0
Financial Costs	12 000	7 000	3 000	0
Financial Balance	−12 000	−7 000	0	0
Earnings Before Tax	5 000	58 000	−155 000	162 000
Tax	0	0	0	34 000
Net Income	5 000	58 000	−155 000	127 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	63 000	36 000	52 000	77 000
Total Current Assets	351 000	473 000	293 000	590 000
Total Assets	414 000	509 000	345 000	668 000
Total Retained Equity	−100 000	−106 000	−164 000	−8 000
Total Equity	−70 000	−76 000	−134 000	22 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	484 000	585 000	478 000	646 000
Total Equity and Debt	414 000	509 000	345 000	668 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 239 000	2 778 000	3 415 000	2 603 000
Other Income	0	14 000	0	0
Revenue	3 239 000	2 792 000	3 415 000	2 603 000
Cost of Goods Sold	1 942 000	1 209 000	1 697 000	1 180 000
Salary Costs	474 000	1 050 000	1 361 000	800 000
Depreciation	0	26 000	26 000	26 000
Impairment	0	0	0	0
Expenditure	3 222 000	2 727 000	3 571 000	2 441 000
Operating Profit	18 000	65 000	−156 000	161 000
Financial Income	0	0	3 000	0
Financial Costs	12 000	7 000	3 000	0
Financial Balance	−12 000	−7 000	0	0
Dividends	0	0	0	0
Net Income	5 000	58 000	−155 000	127 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 000	5 000	10 000	15 000
Fixtures	21 000	21 000	41 000	62 000
Total Tangible Assets	26 000	26 000	52 000	77 000
Total Fiancial Fixed Assets	37 000	10 000	0	0
Total Fixed Assets	63 000	36 000	52 000	77 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	46 000	48 000	160 000	273 000
Total Current Assets	351 000	473 000	293 000	590 000
Total Assets	414 000	509 000	345 000	668 000
Total Equity	−70 000	−76 000	−134 000	22 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−38 000	8 000	41 000	20 000
Unpaid Taxes	302 000	308 000	138 000	274 000
Dividends	0	0	0	0
Other Current Debt	123 000	100 000	299 000	317 000
Total Current Debt	484 000	585 000	478 000	646 000
Total Equity and Debt	414 000	509 000	345 000	668 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−7,14 %	−76,32 %	115,67 %	577,27 %
Debt-to-Equity Ratio	−0	−0	−0	0
Operating Profit Margin	0,56 %	2,33 %	−4,57 %	6,19 %
Current Ratio	0,73	0,81	0,61	0,91
Quick Ratio	0,73	0,81	0,61	0,91
Equity Ratio	−0,17	−0,15	−0,39	0,03
Gross Profit Margin	40,04 %	56,7 %	50,31 %	54,67 %