GMI EIENDOMSUTVIKLING AS

2005 RÆLINGEN

Finances

Share Ownership

Return on Equity

11,44 %

Current Ratio

3,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	516 000	438 000	415 000	419 000
Net Income	251 000	196 000	200 000	184 000
Total Assets	4 462 000	4 600 000	4 477 000	4 367 000
Total Equity	2 194 000	1 943 000	1 747 000	1 547 000

Income (NOK)	2022	2021	2020	2019
Revenue	516 000	438 000	415 000	419 000
Expenditure	134 000	134 000	101 000	116 000
Operating Profit	382 000	304 000	314 000	303 000
Financial Income	3 000	3 000	3 000	2 000
Financial Costs	63 000	55 000	61 000	70 000
Financial Balance	−60 000	−52 000	−58 000	−68 000
Earnings Before Tax	322 000	251 000	256 000	236 000
Tax	71 000	55 000	56 000	52 000
Net Income	251 000	196 000	200 000	184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 214 000	4 214 000	4 214 000	4 214 000
Total Current Assets	249 000	387 000	263 000	153 000
Total Assets	4 462 000	4 600 000	4 477 000	4 367 000
Total Retained Equity	2 143 000	1 892 000	1 697 000	1 497 000
Total Equity	2 194 000	1 943 000	1 747 000	1 547 000
Total Long-Term Debt	2 189 000	2 280 000	2 359 000	2 466 000
Total Current Debt	79 000	377 000	370 000	353 000
Total Equity and Debt	4 462 000	4 600 000	4 477 000	4 367 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	516 000	438 000	415 000	419 000
Revenue	516 000	438 000	415 000	419 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	134 000	134 000	101 000	116 000
Operating Profit	382 000	304 000	314 000	303 000
Financial Income	3 000	3 000	3 000	2 000
Financial Costs	63 000	55 000	61 000	70 000
Financial Balance	−60 000	−52 000	−58 000	−68 000
Dividends	0	0	0	0
Net Income	251 000	196 000	200 000	184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 214 000	4 214 000	4 214 000	4 214 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 214 000	4 214 000	4 214 000	4 214 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 214 000	4 214 000	4 214 000	4 214 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	225 000	382 000	254 000	153 000
Total Current Assets	249 000	387 000	263 000	153 000
Total Assets	4 462 000	4 600 000	4 477 000	4 367 000
Total Equity	2 194 000	1 943 000	1 747 000	1 547 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 189 000	2 280 000	2 359 000	2 466 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	322 000	314 000	301 000
Total Current Debt	79 000	377 000	370 000	353 000
Total Equity and Debt	4 462 000	4 600 000	4 477 000	4 367 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,44 %	10,09 %	11,45 %	11,89 %
Debt-to-Equity Ratio	1	1,17	1,35	1,59
Operating Profit Margin	74,03 %	69,41 %	75,66 %	72,32 %
Current Ratio	3,15	1,03	0,71	0,43
Quick Ratio	3,15	1,03	0,71	0,43
Equity Ratio	0,49	0,42	0,39	0,35
Gross Profit Margin	100 %	100 %	100 %	100 %