GODSINLÖSEN NORDIC AS

0667 OSLO

Finances

Share Ownership

Return on Equity

22,63 %

Current Ratio

0,86

Debt-to-Equity Ratio

−1,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 510 000	6 394 000	3 134 000	1 369 000
Net Income	−2 821 000	−3 635 000	−3 114 000	−3 033 000
Total Assets	2 240 000	2 643 000	1 403 000	1 734 000
Total Equity	−12 468 000	−9 646 000	−9 112 000	−5 998 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 510 000	6 394 000	3 134 000	1 369 000
Expenditure	11 153 000	9 890 000	6 061 000	4 232 000
Operating Profit	−2 643 000	−3 496 000	−2 927 000	−2 863 000
Financial Income	56 000	62 000	6 000	0
Financial Costs	234 000	201 000	193 000	171 000
Financial Balance	−178 000	−139 000	−187 000	−171 000
Earnings Before Tax	−2 821 000	−3 635 000	−3 114 000	−3 033 000
Tax	0	0	0	0
Net Income	−2 821 000	−3 635 000	−3 114 000	−3 033 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	540 000	596 000	604 000	606 000
Total Current Assets	1 700 000	2 047 000	799 000	1 127 000
Total Assets	2 240 000	2 643 000	1 403 000	1 734 000
Total Retained Equity	−15 581 000	−12 759 000	−9 125 000	−6 011 000
Total Equity	−12 468 000	−9 646 000	−9 112 000	−5 998 000
Total Long-Term Debt	12 739 000	9 937 000	10 078 000	104 000
Total Current Debt	1 969 000	2 352 000	437 000	7 627 000
Total Equity and Debt	2 240 000	2 643 000	1 403 000	1 734 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 365 000	6 336 000	3 078 000	1 294 000
Other Income	145 000	57 000	56 000	76 000
Revenue	8 510 000	6 394 000	3 134 000	1 369 000
Cost of Goods Sold	5 979 000	5 166 000	2 249 000	1 243 000
Salary Costs	1 678 000	1 275 000	1 157 000	1 382 000
Depreciation	56 000	52 000	40 000	40 000
Impairment	0	0	0	0
Expenditure	11 153 000	9 890 000	6 061 000	4 232 000
Operating Profit	−2 643 000	−3 496 000	−2 927 000	−2 863 000
Financial Income	56 000	62 000	6 000	0
Financial Costs	234 000	201 000	193 000	171 000
Financial Balance	−178 000	−139 000	−187 000	−171 000
Dividends	0	0	0	0
Net Income	−2 821 000	−3 635 000	−3 114 000	−3 033 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	53 000	69 000	38 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 000	80 000	120 000	159 000
Total Tangible Assets	40 000	80 000	120 000	159 000
Total Fiancial Fixed Assets	447 000	447 000	447 000	447 000
Total Fixed Assets	540 000	596 000	604 000	606 000
Stock	928 000	1 224 000	630 000	227 000
Total Investments	0	0	0	0
Cash, Bank	712 000	593 000	58 000	247 000
Total Current Assets	1 700 000	2 047 000	799 000	1 127 000
Total Assets	2 240 000	2 643 000	1 403 000	1 734 000
Total Equity	−12 468 000	−9 646 000	−9 112 000	−5 998 000
Short-Term Group Debt	0	0	0	6 602 000
Total Long-Term Debt	12 739 000	9 937 000	10 078 000	104 000
Creditors	916 000	1 724 000	240 000	813 000
Unpaid Taxes	312 000	417 000	90 000	81 000
Dividends	0	0	0	0
Other Current Debt	740 000	211 000	107 000	131 000
Total Current Debt	1 969 000	2 352 000	437 000	7 627 000
Total Equity and Debt	2 240 000	2 643 000	1 403 000	1 734 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,63 %	37,68 %	34,17 %	50,57 %
Debt-to-Equity Ratio	−1,02	−1,03	−1,11	−0,02
Operating Profit Margin	−31,06 %	−54,68 %	−93,4 %	−209,13 %
Current Ratio	0,86	0,87	1,83	0,15
Quick Ratio	1,63	1,81	−4,14	0,15
Equity Ratio	−5,57	−3,65	−6,49	−3,46
Gross Profit Margin	29,74 %	19,21 %	28,24 %	9,2 %