GIMSØY LANDHANDEL LOFOTEN AS

8314 GIMSØYSAND

Finances

Return on Equity

146,59 %

Current Ratio

0,78

Debt-to-Equity Ratio

−3,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 481 000	6 496 000	7 429 000	6 862 000
Net Income	−516 000	−293 000	132 000	149 000
Total Assets	2 312 000	2 926 000	2 695 000	3 021 000
Total Equity	−352 000	164 000	457 000	325 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 481 000	6 496 000	7 429 000	6 862 000
Expenditure	6 635 000	6 760 000	7 310 000	6 687 000
Operating Profit	−155 000	−263 000	119 000	175 000
Financial Income	0	0	0	6 000
Financial Costs	238 000	112 000	119 000	14 000
Financial Balance	−238 000	−112 000	−119 000	−8 000
Earnings Before Tax	−393 000	−376 000	0	167 000
Tax	123 000	−83 000	−132 000	18 000
Net Income	−516 000	−293 000	132 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 265 000	1 595 000	1 552 000	2 129 000
Total Current Assets	1 048 000	1 331 000	1 144 000	893 000
Total Assets	2 312 000	2 926 000	2 695 000	3 021 000
Total Retained Equity	−452 000	0	177 000	45 000
Total Equity	−352 000	164 000	457 000	325 000
Total Long-Term Debt	1 325 000	1 551 000	1 479 000	104 000
Total Current Debt	1 340 000	1 211 000	759 000	2 592 000
Total Equity and Debt	2 312 000	2 926 000	2 695 000	3 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 394 000	6 486 000	7 429 000	6 832 000
Other Income	87 000	10 000	0	30 000
Revenue	6 481 000	6 496 000	7 429 000	6 862 000
Cost of Goods Sold	4 990 000	5 106 000	5 557 000	5 091 000
Salary Costs	1 008 000	1 126 000	1 250 000	1 061 000
Depreciation	107 000	113 000	90 000	16 000
Impairment	0	0	0	0
Expenditure	6 635 000	6 760 000	7 310 000	6 687 000
Operating Profit	−155 000	−263 000	119 000	175 000
Financial Income	0	0	0	6 000
Financial Costs	238 000	112 000	119 000	14 000
Financial Balance	−238 000	−112 000	−119 000	−8 000
Dividends	0	0	0	0
Net Income	−516 000	−293 000	132 000	149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	123 000	41 000	0
Real Eastate	1 256 000	1 360 000	1 463 000	2 091 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	12 000	48 000	37 000
Total Tangible Assets	1 265 000	1 372 000	1 511 000	2 129 000
Total Fiancial Fixed Assets	0	100 000	0	0
Total Fixed Assets	1 265 000	1 595 000	1 552 000	2 129 000
Stock	423 000	565 000	562 000	374 000
Total Investments	0	0	0	0
Cash, Bank	102 000	103 000	67 000	123 000
Total Current Assets	1 048 000	1 331 000	1 144 000	893 000
Total Assets	2 312 000	2 926 000	2 695 000	3 021 000
Total Equity	−352 000	164 000	457 000	325 000
Short-Term Group Debt	27 000	354 000	0	0
Total Long-Term Debt	1 325 000	1 551 000	1 479 000	104 000
Creditors	694 000	429 000	139 000	199 000
Unpaid Taxes	87 000	42 000	56 000	80 000
Dividends	0	0	0	0
Other Current Debt	195 000	386 000	121 000	2 204 000
Total Current Debt	1 340 000	1 211 000	759 000	2 592 000
Total Equity and Debt	2 312 000	2 926 000	2 695 000	3 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	146,59 %	−178,66 %	28,88 %	45,85 %
Debt-to-Equity Ratio	−3,76	9,46	3,24	0,32
Operating Profit Margin	−2,39 %	−4,05 %	1,6 %	2,55 %
Current Ratio	0,78	1,1	1,51	0,34
Quick Ratio	1,14	2,06	5,81	0,4
Equity Ratio	−0,15	0,06	0,17	0,11
Gross Profit Margin	23,01 %	21,4 %	25,2 %	25,81 %