GRAVITY8 AS

7714 STEINKJER

Finances

Share Ownership

Return on Equity

4,33 %

Current Ratio

4,03

Debt-to-Equity Ratio

1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	310 000	678 000	353 000	1 002 000
Net Income	9 000	−212 000	108 000	267 000
Total Assets	590 000	594 000	547 000	524 000
Total Equity	208 000	199 000	411 000	303 000

Income (NOK)	2022	2021	2020	2019
Revenue	310 000	678 000	353 000	1 002 000
Expenditure	298 000	950 000	215 000	666 000
Operating Profit	11 000	−272 000	137 000	337 000
Financial Income	0	0	2 000	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	1 000	0
Earnings Before Tax	11 000	−272 000	138 000	338 000
Tax	3 000	−60 000	30 000	70 000
Net Income	9 000	−212 000	108 000	267 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 000	67 000	18 000	58 000
Total Current Assets	532 000	527 000	529 000	465 000
Total Assets	590 000	594 000	547 000	524 000
Total Retained Equity	178 000	169 000	381 000	273 000
Total Equity	208 000	199 000	411 000	303 000
Total Long-Term Debt	250 000	250 000	0	1 000
Total Current Debt	132 000	145 000	136 000	220 000
Total Equity and Debt	590 000	594 000	547 000	524 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	310 000	303 000	353 000	1 002 000
Other Income	0	375 000	0	0
Revenue	310 000	678 000	353 000	1 002 000
Cost of Goods Sold	52 000	173 000	162 000	569 000
Salary Costs	108 000	542 000	0	0
Depreciation	6 000	11 000	11 000	5 000
Impairment	0	0	0	0
Expenditure	298 000	950 000	215 000	666 000
Operating Profit	11 000	−272 000	137 000	337 000
Financial Income	0	0	2 000	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	1 000	0
Dividends	0	0	0	0
Net Income	9 000	−212 000	108 000	267 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	58 000	61 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	6 000	17 000	28 000
Total Tangible Assets	0	6 000	17 000	28 000
Total Fiancial Fixed Assets	0	0	0	30 000
Total Fixed Assets	58 000	67 000	18 000	58 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	386 000	520 000	526 000	320 000
Total Current Assets	532 000	527 000	529 000	465 000
Total Assets	590 000	594 000	547 000	524 000
Total Equity	208 000	199 000	411 000	303 000
Short-Term Group Debt	0	0	0	40 000
Total Long-Term Debt	250 000	250 000	0	1 000
Creditors	78 000	84 000	102 000	107 000
Unpaid Taxes	34 000	−2 000	−9 000	−9 000
Dividends	0	0	0	0
Other Current Debt	21 000	63 000	11 000	11 000
Total Current Debt	132 000	145 000	136 000	220 000
Total Equity and Debt	590 000	594 000	547 000	524 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,33 %	−106,53 %	26,28 %	88,12 %
Debt-to-Equity Ratio	1,2	1,26	0	0
Operating Profit Margin	3,55 %	−40,12 %	38,81 %	33,63 %
Current Ratio	4,03	3,63	3,89	2,11
Quick Ratio	4,03	3,63	3,89	2,11
Equity Ratio	0,35	0,34	0,75	0,58
Gross Profit Margin	83,23 %	74,48 %	54,11 %	43,21 %