GIT OLE ALBERT DALEN AS

2500 TYNSET

Finances

Share Ownership

Return on Equity

−10,27 %

Current Ratio

1,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	588 000	631 000	635 000	873 000
Net Income	−23 000	−12 000	−50 000	51 000
Total Assets	618 000	645 000	657 000	414 000
Total Equity	224 000	247 000	258 000	8 000

Income (NOK)	2022	2021	2020	2019
Revenue	588 000	631 000	635 000	873 000
Expenditure	619 000	648 000	701 000	809 000
Operating Profit	−32 000	−17 000	−67 000	65 000
Financial Income	3 000	2 000	2 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	3 000	2 000	2 000	0
Earnings Before Tax	−29 000	−15 000	−64 000	65 000
Tax	−6 000	−3 000	−14 000	14 000
Net Income	−23 000	−12 000	−50 000	51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	37 000	42 000	77 000
Total Current Assets	582 000	608 000	614 000	338 000
Total Assets	618 000	645 000	657 000	414 000
Total Retained Equity	−100 000	−78 000	−66 000	−16 000
Total Equity	224 000	247 000	258 000	8 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	394 000	399 000	398 000	406 000
Total Equity and Debt	618 000	645 000	657 000	414 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	588 000	623 000	635 000	703 000
Other Income	0	8 000	0	170 000
Revenue	588 000	631 000	635 000	873 000
Cost of Goods Sold	52 000	59 000	0	0
Salary Costs	418 000	419 000	434 000	488 000
Depreciation	8 000	8 000	66 000	62 000
Impairment	0	0	0	0
Expenditure	619 000	648 000	701 000	809 000
Operating Profit	−32 000	−17 000	−67 000	65 000
Financial Income	3 000	2 000	2 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	3 000	2 000	2 000	0
Dividends	0	0	0	0
Net Income	−23 000	−12 000	−50 000	51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	62 000
Total Intangible Assets	31 000	25 000	22 000	77 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	12 000	20 000	0
Total Tangible Assets	4 000	12 000	20 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 000	37 000	42 000	77 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	565 000	588 000	574 000	305 000
Total Current Assets	582 000	608 000	614 000	338 000
Total Assets	618 000	645 000	657 000	414 000
Total Equity	224 000	247 000	258 000	8 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	19 000	4 000	327 000
Unpaid Taxes	28 000	20 000	38 000	25 000
Dividends	0	0	0	0
Other Current Debt	357 000	360 000	357 000	46 000
Total Current Debt	394 000	399 000	398 000	406 000
Total Equity and Debt	618 000	645 000	657 000	414 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,27 %	−4,86 %	−19,38 %	637,5 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,44 %	−2,69 %	−10,55 %	7,45 %
Current Ratio	1,48	1,52	1,54	0,83
Quick Ratio	1,48	1,52	1,54	0,83
Equity Ratio	0,36	0,38	0,39	0,02
Gross Profit Margin	91,16 %	90,65 %	100 %	100 %