GOLD OF ITALY AS

7650 VERDAL

Finances

Return on Equity

−218,42 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 401 000	1 500 000	1 406 000	818 000
Net Income	−83 000	22 000	70 000	50 000
Total Assets	608 000	506 000	430 000	270 000
Total Equity	38 000	121 000	99 000	29 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 401 000	1 500 000	1 406 000	818 000
Expenditure	1 507 000	1 472 000	1 319 000	768 000
Operating Profit	−107 000	28 000	87 000	51 000
Financial Income	24 000	0	0	0
Financial Costs	0	0	3 000	1 000
Financial Balance	24 000	0	−3 000	−1 000
Earnings Before Tax	−83 000	28 000	84 000	50 000
Tax	0	6 000	13 000	0
Net Income	−83 000	22 000	70 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	10 000	10 000	0
Total Current Assets	593 000	496 000	420 000	270 000
Total Assets	608 000	506 000	430 000	270 000
Total Retained Equity	8 000	91 000	69 000	−1 000
Total Equity	38 000	121 000	99 000	29 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	570 000	385 000	331 000	242 000
Total Equity and Debt	608 000	506 000	430 000	270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 401 000	1 441 000	1 406 000	818 000
Other Income	0	59 000	0	0
Revenue	1 401 000	1 500 000	1 406 000	818 000
Cost of Goods Sold	640 000	676 000	689 000	300 000
Salary Costs	468 000	536 000	358 000	237 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 507 000	1 472 000	1 319 000	768 000
Operating Profit	−107 000	28 000	87 000	51 000
Financial Income	24 000	0	0	0
Financial Costs	0	0	3 000	1 000
Financial Balance	24 000	0	−3 000	−1 000
Dividends	0	0	0	0
Net Income	−83 000	22 000	70 000	50 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	15 000	10 000	10 000	0
Total Fixed Assets	15 000	10 000	10 000	0
Stock	254 000	162 000	108 000	136 000
Total Investments	0	0	0	0
Cash, Bank	263 000	220 000	197 000	78 000
Total Current Assets	593 000	496 000	420 000	270 000
Total Assets	608 000	506 000	430 000	270 000
Total Equity	38 000	121 000	99 000	29 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	341 000	178 000	19 000	18 000
Unpaid Taxes	57 000	68 000	196 000	110 000
Dividends	0	0	0	0
Other Current Debt	171 000	134 000	102 000	114 000
Total Current Debt	570 000	385 000	331 000	242 000
Total Equity and Debt	608 000	506 000	430 000	270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−218,42 %	18,18 %	70,71 %	172,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−7,64 %	1,87 %	6,19 %	6,23 %
Current Ratio	1,04	1,29	1,27	1,12
Quick Ratio	1,88	2,22	1,88	2,55
Equity Ratio	0,06	0,24	0,23	0,11
Gross Profit Margin	54,32 %	54,93 %	51 %	63,33 %