GALT AS

0257 OSLO

Finances

Return on Equity

35,4 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 346 000	13 474 000	6 313 000	14 988 000
Net Income	3 241 000	2 520 000	747 000	1 700 000
Total Assets	14 638 000	10 525 000	8 457 000	10 126 000
Total Equity	9 156 000	5 930 000	6 913 000	6 166 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 346 000	13 474 000	6 313 000	14 988 000
Expenditure	15 986 000	10 774 000	5 483 000	12 245 000
Operating Profit	4 359 000	2 700 000	829 000	2 743 000
Financial Income	3 000	320 000	6 000	2 000
Financial Costs	136 000	106 000	28 000	422 000
Financial Balance	−133 000	214 000	−22 000	−420 000
Earnings Before Tax	4 227 000	2 913 000	807 000	2 324 000
Tax	986 000	393 000	61 000	624 000
Net Income	3 241 000	2 520 000	747 000	1 700 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 875 000	6 889 000	6 112 000	6 129 000
Total Current Assets	6 763 000	3 636 000	2 345 000	3 997 000
Total Assets	14 638 000	10 525 000	8 457 000	10 126 000
Total Retained Equity	6 124 000	2 898 000	3 880 000	3 134 000
Total Equity	9 156 000	5 930 000	6 913 000	6 166 000
Total Long-Term Debt	258 000	265 000	1 135 000	899 000
Total Current Debt	5 225 000	4 329 000	409 000	3 061 000
Total Equity and Debt	14 638 000	10 525 000	8 457 000	10 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 140 000	12 172 000	6 075 000	14 834 000
Other Income	206 000	1 301 000	238 000	154 000
Revenue	20 346 000	13 474 000	6 313 000	14 988 000
Cost of Goods Sold	4 556 000	2 953 000	1 499 000	3 552 000
Salary Costs	9 195 000	5 566 000	2 596 000	5 322 000
Depreciation	272 000	427 000	186 000	566 000
Impairment	0	0	0	1 109 000
Expenditure	15 986 000	10 774 000	5 483 000	12 245 000
Operating Profit	4 359 000	2 700 000	829 000	2 743 000
Financial Income	3 000	320 000	6 000	2 000
Financial Costs	136 000	106 000	28 000	422 000
Financial Balance	−133 000	214 000	−22 000	−420 000
Dividends	0	0	0	0
Net Income	3 241 000	2 520 000	747 000	1 700 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	59 000
Real Eastate	5 492 000	5 492 000	5 492 000	5 492 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	883 000	1 155 000	266 000	224 000
Total Tangible Assets	6 375 000	6 647 000	5 758 000	5 716 000
Total Fiancial Fixed Assets	1 500 000	241 000	353 000	353 000
Total Fixed Assets	7 875 000	6 889 000	6 112 000	6 129 000
Stock	2 709 000	1 911 000	1 199 000	1 329 000
Total Investments	0	0	0	0
Cash, Bank	3 914 000	1 305 000	841 000	2 556 000
Total Current Assets	6 763 000	3 636 000	2 345 000	3 997 000
Total Assets	14 638 000	10 525 000	8 457 000	10 126 000
Total Equity	9 156 000	5 930 000	6 913 000	6 166 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	258 000	265 000	1 135 000	899 000
Creditors	410 000	318 000	16 000	112 000
Unpaid Taxes	1 463 000	1 282 000	51 000	1 142 000
Dividends	0	0	0	0
Other Current Debt	2 359 000	2 344 000	282 000	1 183 000
Total Current Debt	5 225 000	4 329 000	409 000	3 061 000
Total Equity and Debt	14 638 000	10 525 000	8 457 000	10 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,4 %	42,5 %	10,81 %	27,57 %
Debt-to-Equity Ratio	0,03	0,04	0,16	0,15
Operating Profit Margin	21,42 %	20,04 %	13,13 %	18,3 %
Current Ratio	1,29	0,84	5,73	1,31
Quick Ratio	2,69	1,5	−2,97	2,31
Equity Ratio	0,63	0,56	0,82	0,61
Gross Profit Margin	77,61 %	78,08 %	76,26 %	76,3 %