G-TEC AS

7657 VERDAL

Finances

Share Ownership

Return on Equity

−25,77 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 495 000	2 566 000	2 564 000	6 224 000
Net Income	−101 000	−265 000	161 000	432 000
Total Assets	1 293 000	1 731 000	1 293 000	1 903 000
Total Equity	392 000	493 000	759 000	598 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 495 000	2 566 000	2 564 000	6 224 000
Expenditure	4 619 000	2 899 000	2 356 000	5 670 000
Operating Profit	−124 000	−334 000	208 000	555 000
Financial Income	1 000	1 000	2 000	3 000
Financial Costs	3 000	8 000	3 000	4 000
Financial Balance	−2 000	−7 000	−1 000	−1 000
Earnings Before Tax	−126 000	−340 000	207 000	554 000
Tax	−25 000	−75 000	46 000	122 000
Net Income	−101 000	−265 000	161 000	432 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	103 000	79 000	8 000	17 000
Total Current Assets	1 189 000	1 653 000	1 284 000	1 887 000
Total Assets	1 293 000	1 731 000	1 293 000	1 903 000
Total Retained Equity	342 000	443 000	709 000	548 000
Total Equity	392 000	493 000	759 000	598 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	900 000	1 238 000	534 000	1 306 000
Total Equity and Debt	1 293 000	1 731 000	1 293 000	1 903 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 425 000	2 636 000	2 962 000	5 732 000
Other Income	70 000	−70 000	−399 000	492 000
Revenue	4 495 000	2 566 000	2 564 000	6 224 000
Cost of Goods Sold	671 000	228 000	92 000	1 568 000
Salary Costs	3 132 000	1 970 000	1 704 000	3 021 000
Depreciation	0	5 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	4 619 000	2 899 000	2 356 000	5 670 000
Operating Profit	−124 000	−334 000	208 000	555 000
Financial Income	1 000	1 000	2 000	3 000
Financial Costs	3 000	8 000	3 000	4 000
Financial Balance	−2 000	−7 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−101 000	−265 000	161 000	432 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	103 000	79 000	4 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	5 000	20 000
Total Tangible Assets	0	0	5 000	20 000
Total Fiancial Fixed Assets	0	0	0	−5 000
Total Fixed Assets	103 000	79 000	8 000	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	716 000	1 283 000	635 000	335 000
Total Current Assets	1 189 000	1 653 000	1 284 000	1 887 000
Total Assets	1 293 000	1 731 000	1 293 000	1 903 000
Total Equity	392 000	493 000	759 000	598 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	142 000	296 000	173 000	512 000
Unpaid Taxes	359 000	558 000	116 000	355 000
Dividends	0	0	0	0
Other Current Debt	399 000	384 000	197 000	323 000
Total Current Debt	900 000	1 238 000	534 000	1 306 000
Total Equity and Debt	1 293 000	1 731 000	1 293 000	1 903 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,77 %	−53,75 %	21,21 %	72,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,76 %	−13,02 %	8,11 %	8,92 %
Current Ratio	1,32	1,34	2,4	1,44
Quick Ratio	1,32	1,34	2,4	1,44
Equity Ratio	0,3	0,28	0,59	0,31
Gross Profit Margin	85,07 %	91,11 %	96,41 %	74,81 %