GSIT CONSULTING AS

2611 LILLEHAMMER

Finances

Share Ownership

Return on Equity

77,59 %

Current Ratio

2,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 682 000	1 732 000	1 655 000	1 455 000
Net Income	419 000	505 000	484 000	374 000
Total Assets	988 000	1 079 000	1 000 000	863 000
Total Equity	540 000	621 000	566 000	482 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 682 000	1 732 000	1 655 000	1 455 000
Expenditure	1 143 000	1 084 000	1 034 000	976 000
Operating Profit	538 000	648 000	621 000	479 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	538 000	648 000	621 000	479 000
Tax	120 000	143 000	137 000	105 000
Net Income	419 000	505 000	484 000	374 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	21 000	29 000	0
Total Current Assets	975 000	1 058 000	970 000	863 000
Total Assets	988 000	1 079 000	1 000 000	863 000
Total Retained Equity	510 000	591 000	536 000	452 000
Total Equity	540 000	621 000	566 000	482 000
Total Long-Term Debt	0	1 000	1 000	0
Total Current Debt	447 000	457 000	432 000	381 000
Total Equity and Debt	988 000	1 079 000	1 000 000	863 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 682 000	1 732 000	1 655 000	1 455 000
Other Income	0	0	0	0
Revenue	1 682 000	1 732 000	1 655 000	1 455 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 043 000	1 012 000	947 000	890 000
Depreciation	8 000	8 000	3 000	0
Impairment	0	0	0	0
Expenditure	1 143 000	1 084 000	1 034 000	976 000
Operating Profit	538 000	648 000	621 000	479 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	500 000	450 000	400 000	400 000
Net Income	419 000	505 000	484 000	374 000

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	0	0	0	0
Fixtures	13 000	21 000	29 000	0
Total Tangible Assets	13 000	21 000	29 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	21 000	29 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	817 000	918 000	816 000	715 000
Total Current Assets	975 000	1 058 000	970 000	863 000
Total Assets	988 000	1 079 000	1 000 000	863 000
Total Equity	540 000	621 000	566 000	482 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	1 000	0
Creditors	1 000	1 000	1 000	0
Unpaid Taxes	151 000	141 000	137 000	122 000
Dividends	500 000	450 000	400 000	400 000
Other Current Debt	176 000	172 000	159 000	153 000
Total Current Debt	447 000	457 000	432 000	381 000
Total Equity and Debt	988 000	1 079 000	1 000 000	863 000

Financial indicators	2022	2021	2020	2019
Return on Equity	77,59 %	81,32 %	85,51 %	77,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,99 %	37,41 %	37,52 %	32,92 %
Current Ratio	2,18	2,32	2,25	2,27
Quick Ratio	2,18	2,32	2,25	2,27
Equity Ratio	0,55	0,58	0,57	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %