GASS OG VARMEDESIGN AS

3040 DRAMMEN

Finances

Return on Equity

−53,49 %

Current Ratio

1,13

Debt-to-Equity Ratio

1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 905 000	7 808 000	6 429 000	8 020 000
Net Income	−414 000	53 000	521 000	748 000
Total Assets	3 659 000	2 012 000	2 403 000	1 961 000
Total Equity	774 000	1 188 000	1 534 000	1 013 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 905 000	7 808 000	6 429 000	8 020 000
Expenditure	8 818 000	7 721 000	5 766 000	7 056 000
Operating Profit	86 000	87 000	664 000	964 000
Financial Income	22 000	0	9 000	4 000
Financial Costs	519 000	1 000	2 000	1 000
Financial Balance	−497 000	−1 000	7 000	3 000
Earnings Before Tax	−411 000	87 000	671 000	967 000
Tax	3 000	33 000	150 000	219 000
Net Income	−414 000	53 000	521 000	748 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 921 000	964 000	931 000	0
Total Current Assets	1 739 000	1 047 000	1 473 000	1 961 000
Total Assets	3 659 000	2 012 000	2 403 000	1 961 000
Total Retained Equity	749 000	1 163 000	1 510 000	989 000
Total Equity	774 000	1 188 000	1 534 000	1 013 000
Total Long-Term Debt	1 352 000	0	0	0
Total Current Debt	1 534 000	824 000	869 000	948 000
Total Equity and Debt	3 659 000	2 012 000	2 403 000	1 961 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 905 000	7 807 000	6 413 000	8 020 000
Other Income	0	0	16 000	0
Revenue	8 905 000	7 808 000	6 429 000	8 020 000
Cost of Goods Sold	4 142 000	3 546 000	3 091 000	3 845 000
Salary Costs	3 387 000	2 895 000	1 727 000	2 148 000
Depreciation	109 000	0	0	0
Impairment	0	0	0	0
Expenditure	8 818 000	7 721 000	5 766 000	7 056 000
Operating Profit	86 000	87 000	664 000	964 000
Financial Income	22 000	0	9 000	4 000
Financial Costs	519 000	1 000	2 000	1 000
Financial Balance	−497 000	−1 000	7 000	3 000
Dividends	0	0	0	0
Net Income	−414 000	53 000	521 000	748 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 269 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	195 000	0	0	0
Total Tangible Assets	1 464 000	0	0	0
Total Fiancial Fixed Assets	457 000	964 000	931 000	0
Total Fixed Assets	1 921 000	964 000	931 000	0
Stock	184 000	216 000	253 000	215 000
Total Investments	0	0	0	0
Cash, Bank	383 000	191 000	603 000	1 105 000
Total Current Assets	1 739 000	1 047 000	1 473 000	1 961 000
Total Assets	3 659 000	2 012 000	2 403 000	1 961 000
Total Equity	774 000	1 188 000	1 534 000	1 013 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 352 000	0	0	0
Creditors	718 000	190 000	191 000	186 000
Unpaid Taxes	505 000	335 000	355 000	346 000
Dividends	0	0	0	0
Other Current Debt	308 000	266 000	173 000	196 000
Total Current Debt	1 534 000	824 000	869 000	948 000
Total Equity and Debt	3 659 000	2 012 000	2 403 000	1 961 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,49 %	4,46 %	33,96 %	73,84 %
Debt-to-Equity Ratio	1,75	0	0	0
Operating Profit Margin	0,97 %	1,11 %	10,33 %	12,02 %
Current Ratio	1,13	1,27	1,7	2,07
Quick Ratio	1,29	1,72	2,39	2,68
Equity Ratio	0,21	0,59	0,64	0,52
Gross Profit Margin	53,49 %	54,59 %	51,92 %	52,06 %