GSE TORGBAKKEN AS

5419 FITJAR

Finances

Share Ownership

Return on Equity

2,19 %

Current Ratio

5,95

Debt-to-Equity Ratio

0,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 406 000	1 195 000	1 323 000	1 501 000
Net Income	108 000	25 000	336 000	342 000
Total Assets	9 485 000	9 854 000	9 810 000	9 629 000
Total Equity	4 933 000	4 825 000	4 800 000	4 464 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 406 000	1 195 000	1 323 000	1 501 000
Expenditure	1 124 000	1 072 000	776 000	914 000
Operating Profit	281 000	123 000	547 000	587 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	145 000	92 000	117 000	150 000
Financial Balance	−143 000	−91 000	−116 000	−149 000
Earnings Before Tax	138 000	32 000	432 000	438 000
Tax	30 000	7 000	95 000	96 000
Net Income	108 000	25 000	336 000	342 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 747 000	7 973 000	8 133 000	8 410 000
Total Current Assets	1 738 000	1 881 000	1 678 000	1 218 000
Total Assets	9 485 000	9 854 000	9 810 000	9 629 000
Total Retained Equity	4 733 000	4 625 000	4 600 000	4 264 000
Total Equity	4 933 000	4 825 000	4 800 000	4 464 000
Total Long-Term Debt	4 260 000	4 500 000	4 740 000	4 860 000
Total Current Debt	292 000	528 000	270 000	305 000
Total Equity and Debt	9 485 000	9 854 000	9 810 000	9 629 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 406 000	1 195 000	1 323 000	1 501 000
Revenue	1 406 000	1 195 000	1 323 000	1 501 000
Cost of Goods Sold	0	0	0	2 000
Salary Costs	0	0	0	0
Depreciation	330 000	327 000	320 000	347 000
Impairment	0	0	0	0
Expenditure	1 124 000	1 072 000	776 000	914 000
Operating Profit	281 000	123 000	547 000	587 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	145 000	92 000	117 000	150 000
Financial Balance	−143 000	−91 000	−116 000	−149 000
Dividends	0	0	0	0
Net Income	108 000	25 000	336 000	342 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	262 000	218 000	177 000	136 000
Real Eastate	5 985 000	6 255 000	6 455 000	6 775 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 985 000	6 255 000	6 455 000	6 775 000
Total Fiancial Fixed Assets	1 500 000	1 500 000	1 500 000	1 500 000
Total Fixed Assets	7 747 000	7 973 000	8 133 000	8 410 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 540 000	1 671 000	1 549 000	1 079 000
Total Current Assets	1 738 000	1 881 000	1 678 000	1 218 000
Total Assets	9 485 000	9 854 000	9 810 000	9 629 000
Total Equity	4 933 000	4 825 000	4 800 000	4 464 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 260 000	4 500 000	4 740 000	4 860 000
Creditors	169 000	463 000	95 000	98 000
Unpaid Taxes	13 000	0	23 000	28 000
Dividends	0	0	0	0
Other Current Debt	35 000	18 000	16 000	34 000
Total Current Debt	292 000	528 000	270 000	305 000
Total Equity and Debt	9 485 000	9 854 000	9 810 000	9 629 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,19 %	0,52 %	7 %	7,66 %
Debt-to-Equity Ratio	0,86	0,93	0,99	1,09
Operating Profit Margin	19,99 %	10,29 %	41,35 %	39,11 %
Current Ratio	5,95	3,56	6,21	3,99
Quick Ratio	5,95	3,56	6,21	3,99
Equity Ratio	0,52	0,49	0,49	0,46
Gross Profit Margin	100 %	100 %	100 %	99,87 %