GASSMAN AS

7650 VERDAL

Finances

Share Ownership

Return on Equity

155,2 %

Current Ratio

0,7

Debt-to-Equity Ratio

−0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 659 000	3 625 000	2 629 000	2 847 000
Net Income	−433 000	−15 000	−251 000	55 000
Total Assets	1 406 000	1 650 000	1 858 000	1 977 000
Total Equity	−279 000	154 000	−7 000	245 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 659 000	3 625 000	2 629 000	2 847 000
Expenditure	2 023 000	3 567 000	2 846 000	2 684 000
Operating Profit	−436 000	58 000	−216 000	162 000
Financial Income	1 000	9 000	2 000	3 000
Financial Costs	120 000	86 000	108 000	94 000
Financial Balance	−119 000	−77 000	−106 000	−91 000
Earnings Before Tax	−555 000	−19 000	−322 000	71 000
Tax	−122 000	−4 000	−71 000	16 000
Net Income	−433 000	−15 000	−251 000	55 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	346 000	299 000	207 000	63 000
Total Current Assets	1 060 000	1 351 000	1 650 000	1 914 000
Total Assets	1 406 000	1 650 000	1 858 000	1 977 000
Total Retained Equity	−543 000	−110 000	−96 000	156 000
Total Equity	−279 000	154 000	−7 000	245 000
Total Long-Term Debt	177 000	0	0	58 000
Total Current Debt	1 509 000	1 496 000	1 864 000	1 674 000
Total Equity and Debt	1 406 000	1 650 000	1 858 000	1 977 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 659 000	3 614 000	2 629 000	2 779 000
Other Income	0	11 000	0	68 000
Revenue	1 659 000	3 625 000	2 629 000	2 847 000
Cost of Goods Sold	785 000	2 001 000	1 432 000	1 424 000
Salary Costs	281 000	719 000	519 000	719 000
Depreciation	75 000	46 000	15 000	18 000
Impairment	0	0	0	0
Expenditure	2 023 000	3 567 000	2 846 000	2 684 000
Operating Profit	−436 000	58 000	−216 000	162 000
Financial Income	1 000	9 000	2 000	3 000
Financial Costs	120 000	86 000	108 000	94 000
Financial Balance	−119 000	−77 000	−106 000	−91 000
Dividends	0	0	0	0
Net Income	−433 000	−15 000	−251 000	55 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	202 000	80 000	76 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	94 000	170 000	86 000	0
Total Tangible Assets	94 000	170 000	86 000	0
Total Fiancial Fixed Assets	50 000	50 000	46 000	58 000
Total Fixed Assets	346 000	299 000	207 000	63 000
Stock	520 000	592 000	698 000	625 000
Total Investments	0	0	0	0
Cash, Bank	5 000	62 000	38 000	0
Total Current Assets	1 060 000	1 351 000	1 650 000	1 914 000
Total Assets	1 406 000	1 650 000	1 858 000	1 977 000
Total Equity	−279 000	154 000	−7 000	245 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	177 000	0	0	58 000
Creditors	389 000	311 000	422 000	297 000
Unpaid Taxes	72 000	117 000	123 000	144 000
Dividends	0	0	0	0
Other Current Debt	39 000	263 000	301 000	213 000
Total Current Debt	1 509 000	1 496 000	1 864 000	1 674 000
Total Equity and Debt	1 406 000	1 650 000	1 858 000	1 977 000

Financial indicators	2022	2021	2020	2019
Return on Equity	155,2 %	−9,74 %	3 585,71 %	22,45 %
Debt-to-Equity Ratio	−0,63	0	−0	0,24
Operating Profit Margin	−26,28 %	1,6 %	−8,22 %	5,69 %
Current Ratio	0,7	0,9	0,89	1,14
Quick Ratio	1,07	1,49	1,42	1,82
Equity Ratio	−0,2	0,09	−0	0,12
Gross Profit Margin	52,68 %	44,8 %	45,53 %	49,98 %