GSI GAUSDAL SEWING INDUSTRY AS

2651 ØSTRE GAUSDAL

Finances

Share Ownership

Return on Equity

58,4 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 532 000	14 310 000	11 314 000	16 152 000
Net Income	1 857 000	907 000	−119 000	−594 000
Total Assets	6 996 000	9 612 000	7 804 000	8 678 000
Total Equity	3 180 000	4 552 000	4 301 000	4 318 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 532 000	14 310 000	11 314 000	16 152 000
Expenditure	14 183 000	13 372 000	11 435 000	16 746 000
Operating Profit	2 350 000	937 000	−121 000	−595 000
Financial Income	7 000	5 000	9 000	7 000
Financial Costs	40 000	16 000	7 000	6 000
Financial Balance	−33 000	−11 000	2 000	1 000
Earnings Before Tax	2 317 000	926 000	−119 000	−594 000
Tax	460 000	19 000	0	0
Net Income	1 857 000	907 000	−119 000	−594 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	184 000	53 000	52 000	148 000
Total Current Assets	6 812 000	9 560 000	7 752 000	8 530 000
Total Assets	6 996 000	9 612 000	7 804 000	8 678 000
Total Retained Equity	0	−819 000	−1 069 000	−1 052 000
Total Equity	3 180 000	4 552 000	4 301 000	4 318 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 816 000	5 061 000	3 503 000	4 360 000
Total Equity and Debt	6 996 000	9 612 000	7 804 000	8 678 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 532 000	14 310 000	11 314 000	16 152 000
Other Income	0	0	0	0
Revenue	16 532 000	14 310 000	11 314 000	16 152 000
Cost of Goods Sold	4 810 000	5 845 000	4 430 000	8 260 000
Salary Costs	6 351 000	5 007 000	4 719 000	5 067 000
Depreciation	5 000	0	36 000	150 000
Impairment	0	0	0	0
Expenditure	14 183 000	13 372 000	11 435 000	16 746 000
Operating Profit	2 350 000	937 000	−121 000	−595 000
Financial Income	7 000	5 000	9 000	7 000
Financial Costs	40 000	16 000	7 000	6 000
Financial Balance	−33 000	−11 000	2 000	1 000
Dividends	2 000 000	500 000	0	0
Net Income	1 857 000	907 000	−119 000	−594 000

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	165 000	0	0	7 000
Fixtures	19 000	0	0	29 000
Total Tangible Assets	184 000	0	0	36 000
Total Fiancial Fixed Assets	0	53 000	52 000	111 000
Total Fixed Assets	184 000	53 000	52 000	148 000
Stock	3 296 000	4 374 000	4 157 000	5 087 000
Total Investments	0	0	0	0
Cash, Bank	2 018 000	1 581 000	857 000	1 336 000
Total Current Assets	6 812 000	9 560 000	7 752 000	8 530 000
Total Assets	6 996 000	9 612 000	7 804 000	8 678 000
Total Equity	3 180 000	4 552 000	4 301 000	4 318 000
Short-Term Group Debt	1 575 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	243 000	1 112 000	268 000	600 000
Unpaid Taxes	817 000	547 000	452 000	809 000
Dividends	2 000 000	500 000	0	0
Other Current Debt	1 067 000	3 401 000	2 783 000	2 951 000
Total Current Debt	3 816 000	5 061 000	3 503 000	4 360 000
Total Equity and Debt	6 996 000	9 612 000	7 804 000	8 678 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,4 %	19,93 %	−2,77 %	−13,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,21 %	6,55 %	−1,07 %	−3,68 %
Current Ratio	1,79	1,89	2,21	1,96
Quick Ratio	13,1	13,92	−11,85	−11,73
Equity Ratio	0,45	0,47	0,55	0,5
Gross Profit Margin	70,9 %	59,15 %	60,84 %	48,86 %