GUTECH AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

21,34 %

Current Ratio

0,59

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 228 000	0	0	4 121 000
Net Income	−537 000	−181 000	−701 000	−327 000
Total Assets	3 650 000	2 915 000	3 034 000	1 388 000
Total Equity	−2 516 000	−1 979 000	−1 798 000	−1 840 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 228 000	0	0	4 121 000
Expenditure	3 252 000	181 000	698 000	4 448 000
Operating Profit	976 000	−181 000	−697 000	−327 000
Financial Income	1 394 000	0	0	0
Financial Costs	2 907 000	0	4 000	0
Financial Balance	−1 513 000	0	−4 000	0
Earnings Before Tax	−537 000	−181 000	−701 000	−327 000
Tax	0	0	0	0
Net Income	−537 000	−181 000	−701 000	−327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	978 000	981 000	9 000
Total Current Assets	3 650 000	1 937 000	2 052 000	1 379 000
Total Assets	3 650 000	2 915 000	3 034 000	1 388 000
Total Retained Equity	−2 546 000	−2 001 000	−1 820 000	−1 862 000
Total Equity	−2 516 000	−1 979 000	−1 798 000	−1 840 000
Total Long-Term Debt	0	16 000	251 000	263 000
Total Current Debt	6 166 000	4 878 000	4 580 000	2 965 000
Total Equity and Debt	3 650 000	2 915 000	3 034 000	1 388 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 228 000	0	0	4 121 000
Other Income	0	0	0	0
Revenue	4 228 000	0	0	4 121 000
Cost of Goods Sold	2 401 000	0	−96 000	2 021 000
Salary Costs	0	64 000	−16 000	1 187 000
Depreciation	3 000	3 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	3 252 000	181 000	698 000	4 448 000
Operating Profit	976 000	−181 000	−697 000	−327 000
Financial Income	1 394 000	0	0	0
Financial Costs	2 907 000	0	4 000	0
Financial Balance	−1 513 000	0	−4 000	0
Dividends	0	0	0	0
Net Income	−537 000	−181 000	−701 000	−327 000

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	0	3 000	6 000	9 000
Total Tangible Assets	0	3 000	6 000	9 000
Total Fiancial Fixed Assets	0	975 000	975 000	0
Total Fixed Assets	0	978 000	981 000	9 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 650 000	5 000	121 000	35 000
Total Current Assets	3 650 000	1 937 000	2 052 000	1 379 000
Total Assets	3 650 000	2 915 000	3 034 000	1 388 000
Total Equity	−2 516 000	−1 979 000	−1 798 000	−1 840 000
Short-Term Group Debt	600 000	96 000	0	0
Total Long-Term Debt	0	16 000	251 000	263 000
Creditors	5 566 000	4 782 000	4 816 000	3 708 000
Unpaid Taxes	0	0	−123 000	−109 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	−634 000
Total Current Debt	6 166 000	4 878 000	4 580 000	2 965 000
Total Equity and Debt	3 650 000	2 915 000	3 034 000	1 388 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,34 %	9,15 %	38,99 %	17,77 %
Debt-to-Equity Ratio	−0	−0,01	−0,14	−0,14
Operating Profit Margin	23,08 %	-	-	−7,93 %
Current Ratio	0,59	0,4	0,45	0,47
Quick Ratio	0,59	0,4	0,45	0,47
Equity Ratio	−0,69	−0,68	−0,59	−1,33
Gross Profit Margin	43,21 %	-	-	50,96 %