GEMI BOATS SCANDINAVIA AS

7715 STEINKJER

Finances

Share Ownership

Return on Equity

−60,88 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 278 000	14 662 000	5 274 000	27 553 000
Net Income	−305 000	803 000	158 000	1 203 000
Total Assets	2 582 000	2 616 000	2 686 000	696 000
Total Equity	501 000	805 000	188 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 278 000	14 662 000	5 274 000	27 553 000
Expenditure	14 404 000	13 512 000	4 931 000	25 912 000
Operating Profit	−126 000	1 149 000	344 000	1 640 000
Financial Income	29 000	52 000	4 000	5 000
Financial Costs	253 000	171 000	145 000	103 000
Financial Balance	−224 000	−119 000	−141 000	−98 000
Earnings Before Tax	−349 000	1 030 000	202 000	1 542 000
Tax	−45 000	227 000	45 000	339 000
Net Income	−305 000	803 000	158 000	1 203 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 000	0	0	0
Total Current Assets	2 501 000	2 616 000	2 686 000	696 000
Total Assets	2 582 000	2 616 000	2 686 000	696 000
Total Retained Equity	471 000	775 000	158 000	0
Total Equity	501 000	805 000	188 000	30 000
Total Long-Term Debt	0	45 000	58 000	82 000
Total Current Debt	2 082 000	1 766 000	2 440 000	584 000
Total Equity and Debt	2 582 000	2 616 000	2 686 000	696 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 278 000	14 662 000	5 274 000	27 345 000
Other Income	0	0	0	207 000
Revenue	14 278 000	14 662 000	5 274 000	27 553 000
Cost of Goods Sold	13 636 000	12 988 000	4 395 000	23 792 000
Salary Costs	303 000	74 000	102 000	919 000
Depreciation	27 000	0	0	337 000
Impairment	0	0	0	0
Expenditure	14 404 000	13 512 000	4 931 000	25 912 000
Operating Profit	−126 000	1 149 000	344 000	1 640 000
Financial Income	29 000	52 000	4 000	5 000
Financial Costs	253 000	171 000	145 000	103 000
Financial Balance	−224 000	−119 000	−141 000	−98 000
Dividends	0	0	0	2 209 000
Net Income	−305 000	803 000	158 000	1 203 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	81 000	0	0	0
Total Tangible Assets	81 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	81 000	0	0	0
Stock	935 000	464 000	802 000	0
Total Investments	0	0	0	0
Cash, Bank	24 000	0	17 000	4 000
Total Current Assets	2 501 000	2 616 000	2 686 000	696 000
Total Assets	2 582 000	2 616 000	2 686 000	696 000
Total Equity	501 000	805 000	188 000	30 000
Short-Term Group Debt	0	238 000	0	0
Total Long-Term Debt	0	45 000	58 000	82 000
Creditors	259 000	220 000	25 000	−49 000
Unpaid Taxes	372 000	72 000	445 000	241 000
Dividends	0	0	0	2 209 000
Other Current Debt	38 000	16 000	77 000	0
Total Current Debt	2 082 000	1 766 000	2 440 000	584 000
Total Equity and Debt	2 582 000	2 616 000	2 686 000	696 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−60,88 %	99,75 %	84,04 %	4 010 %
Debt-to-Equity Ratio	0	0,06	0,31	2,73
Operating Profit Margin	−0,88 %	7,84 %	6,52 %	5,95 %
Current Ratio	1,2	1,48	1,1	1,19
Quick Ratio	2,18	2,01	1,64	1,19
Equity Ratio	0,19	0,31	0,07	0,04
Gross Profit Margin	4,5 %	11,42 %	16,67 %	13,65 %