GELMED AS

8445 MELBU

Finances

Share Ownership

Return on Equity

9,65 %

Current Ratio

1,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 200 000	1 715 000	1 346 000	1 505 000
Net Income	22 000	181 000	−17 000	116 000
Total Assets	432 000	377 000	147 000	257 000
Total Equity	228 000	206 000	25 000	41 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 200 000	1 715 000	1 346 000	1 505 000
Expenditure	2 197 000	1 501 000	1 327 000	1 396 000
Operating Profit	49 000	214 000	−15 000	116 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	0
Earnings Before Tax	49 000	214 000	−17 000	116 000
Tax	27 000	33 000	0	0
Net Income	22 000	181 000	−17 000	116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	114 000	80 000	74 000	34 000
Total Current Assets	318 000	296 000	74 000	223 000
Total Assets	432 000	377 000	147 000	257 000
Total Retained Equity	198 000	176 000	−5 000	11 000
Total Equity	228 000	206 000	25 000	41 000
Total Long-Term Debt	1 000	2 000	0	0
Total Current Debt	203 000	168 000	123 000	215 000
Total Equity and Debt	432 000	377 000	147 000	257 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 200 000	1 715 000	1 346 000	1 510 000
Other Income	0	0	0	−5 000
Revenue	2 200 000	1 715 000	1 346 000	1 505 000
Cost of Goods Sold	522 000	464 000	329 000	363 000
Salary Costs	862 000	476 000	470 000	386 000
Depreciation	37 000	22 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	2 197 000	1 501 000	1 327 000	1 396 000
Operating Profit	49 000	214 000	−15 000	116 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	0
Dividends	0	0	0	0
Net Income	22 000	181 000	−17 000	116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	114 000	80 000	74 000	34 000
Total Tangible Assets	114 000	80 000	74 000	34 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	114 000	80 000	74 000	34 000
Stock	93 000	46 000	46 000	79 000
Total Investments	0	0	0	0
Cash, Bank	141 000	132 000	20 000	38 000
Total Current Assets	318 000	296 000	74 000	223 000
Total Assets	432 000	377 000	147 000	257 000
Total Equity	228 000	206 000	25 000	41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	2 000	0	0
Creditors	38 000	26 000	3 000	96 000
Unpaid Taxes	49 000	41 000	20 000	39 000
Dividends	0	0	0	0
Other Current Debt	88 000	71 000	100 000	80 000
Total Current Debt	203 000	168 000	123 000	215 000
Total Equity and Debt	432 000	377 000	147 000	257 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,65 %	87,86 %	−68 %	282,93 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	2,23 %	12,48 %	−1,11 %	7,71 %
Current Ratio	1,57	1,76	0,6	1,04
Quick Ratio	2,89	2,43	0,96	1,64
Equity Ratio	0,53	0,55	0,17	0,16
Gross Profit Margin	76,27 %	72,94 %	75,56 %	75,88 %