GVV26 AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

271,96 %

Current Ratio

0,73

Debt-to-Equity Ratio

4,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 246 000	1 177 000	65 000	1 199 000
Net Income	1 251 000	639 000	−188 000	610 000
Total Assets	3 735 000	4 237 000	3 159 000	3 328 000
Total Equity	460 000	610 000	−30 000	159 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 246 000	1 177 000	65 000	1 199 000
Expenditure	557 000	284 000	223 000	321 000
Operating Profit	1 688 000	894 000	−157 000	878 000
Financial Income	4 000	0	0	1 000
Financial Costs	89 000	74 000	84 000	97 000
Financial Balance	−85 000	−74 000	−84 000	−96 000
Earnings Before Tax	1 603 000	820 000	−242 000	783 000
Tax	353 000	180 000	−53 000	172 000
Net Income	1 251 000	639 000	−188 000	610 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 693 000	2 937 000	3 106 000	3 243 000
Total Current Assets	1 042 000	1 300 000	53 000	85 000
Total Assets	3 735 000	4 237 000	3 159 000	3 328 000
Total Retained Equity	360 000	510 000	−130 000	59 000
Total Equity	460 000	610 000	−30 000	159 000
Total Long-Term Debt	1 843 000	3 385 000	2 196 000	2 371 000
Total Current Debt	1 432 000	243 000	993 000	799 000
Total Equity and Debt	3 735 000	4 237 000	3 159 000	3 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 072 000	33 000	999 000
Other Income	2 246 000	105 000	32 000	200 000
Revenue	2 246 000	1 177 000	65 000	1 199 000
Cost of Goods Sold	0	0	0	103 000
Salary Costs	0	8 000	0	8 000
Depreciation	344 000	143 000	143 000	143 000
Impairment	0	0	0	0
Expenditure	557 000	284 000	223 000	321 000
Operating Profit	1 688 000	894 000	−157 000	878 000
Financial Income	4 000	0	0	1 000
Financial Costs	89 000	74 000	84 000	97 000
Financial Balance	−85 000	−74 000	−84 000	−96 000
Dividends	0	0	0	75 000
Net Income	1 251 000	639 000	−188 000	610 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	0
Real Eastate	2 513 000	2 857 000	3 100 000	3 243 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 513 000	2 857 000	3 100 000	3 243 000
Total Fiancial Fixed Assets	180 000	80 000	0	0
Total Fixed Assets	2 693 000	2 937 000	3 106 000	3 243 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 014 000	74 000	3 000	29 000
Total Current Assets	1 042 000	1 300 000	53 000	85 000
Total Assets	3 735 000	4 237 000	3 159 000	3 328 000
Total Equity	460 000	610 000	−30 000	159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 843 000	3 385 000	2 196 000	2 371 000
Creditors	5 000	10 000	0	38 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	75 000
Other Current Debt	1 027 000	106 000	993 000	685 000
Total Current Debt	1 432 000	243 000	993 000	799 000
Total Equity and Debt	3 735 000	4 237 000	3 159 000	3 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	271,96 %	104,75 %	626,67 %	383,65 %
Debt-to-Equity Ratio	4,01	5,55	−73,2	14,91
Operating Profit Margin	75,16 %	75,96 %	−241,54 %	73,23 %
Current Ratio	0,73	5,35	0,05	0,11
Quick Ratio	0,73	5,35	0,05	0,11
Equity Ratio	0,12	0,14	−0,01	0,05
Gross Profit Margin	100 %	100 %	100 %	91,41 %