GAZECHIM COMPOSITES NORGE AS

7550 HOMMELVIK

Finances

Share Ownership

Return on Equity

17,38 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 587 000	50 166 000	37 834 000	26 971 000
Net Income	1 516 000	3 484 000	1 795 000	848 000
Total Assets	16 540 000	18 549 000	13 198 000	9 220 000
Total Equity	8 721 000	7 205 000	3 722 000	1 927 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 587 000	50 166 000	37 834 000	26 971 000
Expenditure	51 473 000	45 867 000	35 281 000	25 762 000
Operating Profit	2 114 000	4 299 000	2 552 000	1 208 000
Financial Income	3 000	0	0	0
Financial Costs	173 000	−167 000	251 000	121 000
Financial Balance	−170 000	167 000	−251 000	−121 000
Earnings Before Tax	1 944 000	4 466 000	2 301 000	1 088 000
Tax	428 000	983 000	506 000	239 000
Net Income	1 516 000	3 484 000	1 795 000	848 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	5 000
Total Current Assets	16 540 000	18 549 000	13 198 000	9 215 000
Total Assets	16 540 000	18 549 000	13 198 000	9 220 000
Total Retained Equity	7 721 000	6 205 000	2 722 000	927 000
Total Equity	8 721 000	7 205 000	3 722 000	1 927 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 819 000	11 344 000	9 477 000	7 294 000
Total Equity and Debt	16 540 000	18 549 000	13 198 000	9 220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 514 000	50 117 000	37 785 000	26 971 000
Other Income	73 000	50 000	48 000	0
Revenue	53 587 000	50 166 000	37 834 000	26 971 000
Cost of Goods Sold	44 329 000	39 681 000	29 612 000	21 720 000
Salary Costs	1 044 000	984 000	945 000	750 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	51 473 000	45 867 000	35 281 000	25 762 000
Operating Profit	2 114 000	4 299 000	2 552 000	1 208 000
Financial Income	3 000	0	0	0
Financial Costs	173 000	−167 000	251 000	121 000
Financial Balance	−170 000	167 000	−251 000	−121 000
Dividends	0	0	0	0
Net Income	1 516 000	3 484 000	1 795 000	848 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	5 000
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	5 000
Stock	8 334 000	8 057 000	5 168 000	4 374 000
Total Investments	0	0	0	0
Cash, Bank	1 304 000	5 544 000	2 576 000	820 000
Total Current Assets	16 540 000	18 549 000	13 198 000	9 215 000
Total Assets	16 540 000	18 549 000	13 198 000	9 220 000
Total Equity	8 721 000	7 205 000	3 722 000	1 927 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 845 000	9 165 000	7 935 000	6 340 000
Unpaid Taxes	1 201 000	943 000	809 000	523 000
Dividends	0	0	0	0
Other Current Debt	344 000	254 000	232 000	186 000
Total Current Debt	7 819 000	11 344 000	9 477 000	7 294 000
Total Equity and Debt	16 540 000	18 549 000	13 198 000	9 220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,38 %	48,36 %	48,23 %	44,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,94 %	8,57 %	6,75 %	4,48 %
Current Ratio	2,12	1,64	1,39	1,26
Quick Ratio	−32,12	5,64	3,06	3,16
Equity Ratio	0,53	0,39	0,28	0,21
Gross Profit Margin	17,28 %	20,9 %	21,73 %	19,47 %