GORGAS AS

4321 SANDNES

Finances

Share Ownership

Return on Equity

−46,67 %

Current Ratio

1,58

Debt-to-Equity Ratio

−2,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	760 000	170 000	0	0
Net Income	77 000	144 000	−20 000	−25 000
Total Assets	457 000	205 000	15 000	25 000
Total Equity	−165 000	−242 000	−386 000	−366 000

Income (NOK)	2022	2021	2020	2019
Revenue	760 000	170 000	0	0
Expenditure	684 000	26 000	20 000	25 000
Operating Profit	77 000	144 000	−20 000	−25 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	77 000	144 000	−20 000	−25 000
Tax	0	0	0	0
Net Income	77 000	144 000	−20 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	5 000	14 000	23 000
Total Current Assets	457 000	201 000	1 000	2 000
Total Assets	457 000	205 000	15 000	25 000
Total Retained Equity	−201 000	−277 000	−422 000	−402 000
Total Equity	−165 000	−242 000	−386 000	−366 000
Total Long-Term Debt	333 000	412 000	401 000	160 000
Total Current Debt	289 000	36 000	0	231 000
Total Equity and Debt	457 000	205 000	15 000	25 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	760 000	170 000	0	0
Other Income	0	0	0	0
Revenue	760 000	170 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	665 000	5 000	0	0
Depreciation	5 000	9 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	684 000	26 000	20 000	25 000
Operating Profit	77 000	144 000	−20 000	−25 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	77 000	144 000	−20 000	−25 000

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	0	5 000	14 000	23 000
Total Tangible Assets	0	5 000	14 000	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	5 000	14 000	23 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	456 000	51 000	1 000	2 000
Total Current Assets	457 000	201 000	1 000	2 000
Total Assets	457 000	205 000	15 000	25 000
Total Equity	−165 000	−242 000	−386 000	−366 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	333 000	412 000	401 000	160 000
Creditors	0	1 000	0	0
Unpaid Taxes	228 000	30 000	0	0
Dividends	0	0	0	0
Other Current Debt	61 000	5 000	0	231 000
Total Current Debt	289 000	36 000	0	231 000
Total Equity and Debt	457 000	205 000	15 000	25 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−46,67 %	−59,5 %	5,18 %	6,83 %
Debt-to-Equity Ratio	−2,02	−1,7	−1,04	−0,44
Operating Profit Margin	10,13 %	84,71 %	-	-
Current Ratio	1,58	5,58	-	0,01
Quick Ratio	1,58	5,58	-	0,01
Equity Ratio	−0,36	−1,18	−25,73	−14,64
Gross Profit Margin	100 %	100 %	-	-