GVEA AS

4330 ÅLGÅRD

Finances

Return on Equity

2,17 %

Current Ratio

12,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	168 000	64 000	616 000	1 686 000
Net Income	62 000	797 000	199 000	1 107 000
Total Assets	2 872 000	2 791 000	2 051 000	2 016 000
Total Equity	2 852 000	2 790 000	1 993 000	1 226 000

Income (NOK)	2022	2021	2020	2019
Revenue	168 000	64 000	616 000	1 686 000
Expenditure	125 000	73 000	362 000	287 000
Operating Profit	42 000	−9 000	254 000	1 398 000
Financial Income	29 000	832 000	4 000	17 000
Financial Costs	0	26 000	0	1 000
Financial Balance	29 000	806 000	4 000	16 000
Earnings Before Tax	71 000	797 000	258 000	1 414 000
Tax	9 000	0	59 000	307 000
Net Income	62 000	797 000	199 000	1 107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 627 000	2 600 000	1 844 000	1 730 000
Total Current Assets	244 000	191 000	207 000	286 000
Total Assets	2 872 000	2 791 000	2 051 000	2 016 000
Total Retained Equity	2 822 000	2 760 000	1 963 000	1 196 000
Total Equity	2 852 000	2 790 000	1 993 000	1 226 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	19 000	1 000	58 000	790 000
Total Equity and Debt	2 872 000	2 791 000	2 051 000	2 016 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	168 000	64 000	616 000	1 686 000
Other Income	0	0	0	0
Revenue	168 000	64 000	616 000	1 686 000
Cost of Goods Sold	7 000	1 000	57 000	123 000
Salary Costs	0	0	0	0
Depreciation	12 000	44 000	26 000	4 000
Impairment	0	0	0	0
Expenditure	125 000	73 000	362 000	287 000
Operating Profit	42 000	−9 000	254 000	1 398 000
Financial Income	29 000	832 000	4 000	17 000
Financial Costs	0	26 000	0	1 000
Financial Balance	29 000	806 000	4 000	16 000
Dividends	0	0	0	0
Net Income	62 000	797 000	199 000	1 107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	36 000	45 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	15 000	104 000	17 000
Total Tangible Assets	48 000	60 000	104 000	17 000
Total Fiancial Fixed Assets	2 579 000	2 540 000	1 740 000	1 714 000
Total Fixed Assets	2 627 000	2 600 000	1 844 000	1 730 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	84 000	33 000	35 000	109 000
Total Current Assets	244 000	191 000	207 000	286 000
Total Assets	2 872 000	2 791 000	2 051 000	2 016 000
Total Equity	2 852 000	2 790 000	1 993 000	1 226 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	0	0	0
Unpaid Taxes	2 000	0	−6 000	5 000
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	7 000	478 000
Total Current Debt	19 000	1 000	58 000	790 000
Total Equity and Debt	2 872 000	2 791 000	2 051 000	2 016 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,17 %	28,57 %	9,98 %	90,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25 %	−14,06 %	41,23 %	82,92 %
Current Ratio	12,84	191	3,57	0,36
Quick Ratio	12,84	191	3,57	0,36
Equity Ratio	0,99	1	0,97	0,61
Gross Profit Margin	95,83 %	98,44 %	90,75 %	92,7 %