GAIA TEXTILES AS

1632 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

−11,42 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 150 000	3 389 000	3 479 000	2 128 000
Net Income	−41 000	109 000	224 000	−5 000
Total Assets	731 000	752 000	594 000	475 000
Total Equity	359 000	401 000	292 000	68 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 150 000	3 389 000	3 479 000	2 128 000
Expenditure	3 191 000	3 248 000	3 180 000	2 128 000
Operating Profit	−41 000	140 000	299 000	0
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	6 000
Financial Balance	0	0	−1 000	−6 000
Earnings Before Tax	−41 000	140 000	298 000	−6 000
Tax	0	31 000	74 000	−1 000
Net Income	−41 000	109 000	224 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	64 000
Total Current Assets	731 000	752 000	594 000	411 000
Total Assets	731 000	752 000	594 000	475 000
Total Retained Equity	329 000	371 000	262 000	38 000
Total Equity	359 000	401 000	292 000	68 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	372 000	351 000	302 000	407 000
Total Equity and Debt	731 000	752 000	594 000	475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 128 000	3 156 000	3 479 000	2 128 000
Other Income	23 000	233 000	0	0
Revenue	3 150 000	3 389 000	3 479 000	2 128 000
Cost of Goods Sold	1 171 000	1 271 000	1 582 000	1 013 000
Salary Costs	1 511 000	1 425 000	1 021 000	680 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 191 000	3 248 000	3 180 000	2 128 000
Operating Profit	−41 000	140 000	299 000	0
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	6 000
Financial Balance	0	0	−1 000	−6 000
Dividends	0	0	0	0
Net Income	−41 000	109 000	224 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	64 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	64 000
Stock	745 000	447 000	336 000	174 000
Total Investments	0	0	0	0
Cash, Bank	−58 000	257 000	100 000	104 000
Total Current Assets	731 000	752 000	594 000	411 000
Total Assets	731 000	752 000	594 000	475 000
Total Equity	359 000	401 000	292 000	68 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	27 000	21 000	11 000	31 000
Unpaid Taxes	173 000	168 000	149 000	54 000
Dividends	0	0	0	0
Other Current Debt	171 000	131 000	132 000	322 000
Total Current Debt	372 000	351 000	302 000	407 000
Total Equity and Debt	731 000	752 000	594 000	475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,42 %	27,18 %	76,71 %	−7,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,3 %	4,13 %	8,59 %	0 %
Current Ratio	1,97	2,14	1,97	1,01
Quick Ratio	−1,96	−7,83	−17,47	1,76
Equity Ratio	0,49	0,53	0,49	0,14
Gross Profit Margin	62,83 %	62,5 %	54,53 %	52,4 %