GVS AS

1181 OSLO

Finances

Share Ownership

Return on Equity

−67,58 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 943 000	7 746 000	5 764 000	3 916 000
Net Income	−421 000	683 000	171 000	75 000
Total Assets	2 373 000	2 716 000	2 069 000	1 055 000
Total Equity	623 000	1 265 000	582 000	451 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 943 000	7 746 000	5 764 000	3 916 000
Expenditure	8 364 000	6 863 000	5 543 000	3 818 000
Operating Profit	−421 000	884 000	221 000	98 000
Financial Income	0	0	0	2 000
Financial Costs	0	3 000	2 000	4 000
Financial Balance	0	−3 000	−2 000	−2 000
Earnings Before Tax	−421 000	881 000	219 000	96 000
Tax	0	198 000	48 000	0
Net Income	−421 000	683 000	171 000	75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	97 000	0	19 000	0
Total Current Assets	2 275 000	2 716 000	2 050 000	1 055 000
Total Assets	2 373 000	2 716 000	2 069 000	1 055 000
Total Retained Equity	593 000	1 235 000	552 000	421 000
Total Equity	623 000	1 265 000	582 000	451 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 750 000	1 451 000	1 487 000	604 000
Total Equity and Debt	2 373 000	2 716 000	2 069 000	1 055 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 943 000	7 668 000	5 750 000	3 916 000
Other Income	0	78 000	14 000	0
Revenue	7 943 000	7 746 000	5 764 000	3 916 000
Cost of Goods Sold	12 000	21 000	8 000	143 000
Salary Costs	6 796 000	5 597 000	4 265 000	2 624 000
Depreciation	6 000	0	6 000	0
Impairment	0	0	0	0
Expenditure	8 364 000	6 863 000	5 543 000	3 818 000
Operating Profit	−421 000	884 000	221 000	98 000
Financial Income	0	0	0	2 000
Financial Costs	0	3 000	2 000	4 000
Financial Balance	0	−3 000	−2 000	−2 000
Dividends	220 000	0	0	0
Net Income	−421 000	683 000	171 000	75 000

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	66 000	0	0	0
Fixtures	0	0	19 000	0
Total Tangible Assets	66 000	0	19 000	0
Total Fiancial Fixed Assets	31 000	0	0	0
Total Fixed Assets	97 000	0	19 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	650 000	1 082 000	979 000	422 000
Total Current Assets	2 275 000	2 716 000	2 050 000	1 055 000
Total Assets	2 373 000	2 716 000	2 069 000	1 055 000
Total Equity	623 000	1 265 000	582 000	451 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	53 000	22 000	27 000	13 000
Unpaid Taxes	670 000	776 000	842 000	409 000
Dividends	220 000	0	0	0
Other Current Debt	1 027 000	476 000	570 000	161 000
Total Current Debt	1 750 000	1 451 000	1 487 000	604 000
Total Equity and Debt	2 373 000	2 716 000	2 069 000	1 055 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−67,58 %	53,99 %	29,38 %	16,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,3 %	11,41 %	3,83 %	2,5 %
Current Ratio	1,3	1,87	1,38	1,75
Quick Ratio	1,3	1,87	1,38	1,75
Equity Ratio	0,26	0,47	0,28	0,43
Gross Profit Margin	99,85 %	99,73 %	99,86 %	96,35 %