GITTEK AS

4120 TAU

Finances

Share Ownership

Return on Equity

−17,96 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 381 000	2 153 000	2 297 000	2 372 000
Net Income	−51 000	31 000	254 000	−118 000
Total Assets	537 000	513 000	552 000	343 000
Total Equity	284 000	335 000	304 000	50 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 381 000	2 153 000	2 297 000	2 372 000
Expenditure	2 417 000	2 098 000	2 100 000	2 376 000
Operating Profit	−60 000	47 000	337 000	−144 000
Financial Income	1 000	0	0	0
Financial Costs	6 000	8 000	11 000	7 000
Financial Balance	−5 000	−8 000	−11 000	−7 000
Earnings Before Tax	−65 000	39 000	326 000	−151 000
Tax	−14 000	9 000	72 000	−33 000
Net Income	−51 000	31 000	254 000	−118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	0	14 000	37 000
Total Current Assets	522 000	513 000	538 000	306 000
Total Assets	537 000	513 000	552 000	343 000
Total Retained Equity	254 000	305 000	274 000	20 000
Total Equity	284 000	335 000	304 000	50 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	253 000	179 000	248 000	293 000
Total Equity and Debt	537 000	513 000	552 000	343 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 381 000	2 153 000	2 297 000	2 372 000
Other Income	0	0	0	0
Revenue	2 381 000	2 153 000	2 297 000	2 372 000
Cost of Goods Sold	1 625 000	1 397 000	1 499 000	1 550 000
Salary Costs	446 000	397 000	293 000	523 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 417 000	2 098 000	2 100 000	2 376 000
Operating Profit	−60 000	47 000	337 000	−144 000
Financial Income	1 000	0	0	0
Financial Costs	6 000	8 000	11 000	7 000
Financial Balance	−5 000	−8 000	−11 000	−7 000
Dividends	0	0	0	0
Net Income	−51 000	31 000	254 000	−118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	0	0	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	14 000	5 000
Total Fixed Assets	14 000	0	14 000	37 000
Stock	247 000	271 000	280 000	141 000
Total Investments	0	0	0	0
Cash, Bank	263 000	222 000	225 000	145 000
Total Current Assets	522 000	513 000	538 000	306 000
Total Assets	537 000	513 000	552 000	343 000
Total Equity	284 000	335 000	304 000	50 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	115 000	34 000	118 000	85 000
Unpaid Taxes	62 000	68 000	56 000	84 000
Dividends	0	0	0	0
Other Current Debt	76 000	68 000	34 000	125 000
Total Current Debt	253 000	179 000	248 000	293 000
Total Equity and Debt	537 000	513 000	552 000	343 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,96 %	9,25 %	83,55 %	−236 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,52 %	2,18 %	14,67 %	−6,07 %
Current Ratio	2,06	2,87	2,17	1,04
Quick Ratio	87	−5,58	−16,81	2,01
Equity Ratio	0,53	0,65	0,55	0,15
Gross Profit Margin	31,75 %	35,11 %	34,74 %	34,65 %