GALVANO INDUSTRI AS

8207 FAUSKE

Finances

Share Ownership

Return on Equity

−7,45 %

Current Ratio

2,55

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 928 000	26 555 000	26 345 000	34 739 000
Net Income	−1 826 000	−2 294 000	100 000	−2 211 000
Total Assets	35 660 000	17 243 000	14 165 000	13 046 000
Total Equity	24 526 000	−605 000	1 689 000	1 589 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 928 000	26 555 000	26 345 000	34 739 000
Expenditure	37 732 000	28 122 000	25 966 000	36 316 000
Operating Profit	−2 804 000	−1 567 000	380 000	−1 576 000
Financial Income	49 000	57 000	365 000	122 000
Financial Costs	1 099 000	784 000	645 000	757 000
Financial Balance	−1 050 000	−727 000	−280 000	−635 000
Earnings Before Tax	−3 854 000	−2 294 000	100 000	−2 211 000
Tax	−2 028 000	0	0	0
Net Income	−1 826 000	−2 294 000	100 000	−2 211 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 431 000	2 848 000	2 764 000	2 887 000
Total Current Assets	24 229 000	14 395 000	11 401 000	10 159 000
Total Assets	35 660 000	17 243 000	14 165 000	13 046 000
Total Retained Equity	1 201 000	−4 460 000	−2 166 000	−2 266 000
Total Equity	24 526 000	−605 000	1 689 000	1 589 000
Total Long-Term Debt	1 629 000	1 688 000	2 288 000	2 738 000
Total Current Debt	9 505 000	16 160 000	10 188 000	8 720 000
Total Equity and Debt	35 660 000	17 243 000	14 165 000	13 046 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 925 000	25 394 000	25 501 000	33 322 000
Other Income	1 003 000	1 161 000	844 000	1 417 000
Revenue	34 928 000	26 555 000	26 345 000	34 739 000
Cost of Goods Sold	22 799 000	15 588 000	14 232 000	20 825 000
Salary Costs	6 568 000	5 335 000	5 556 000	6 968 000
Depreciation	444 000	181 000	267 000	329 000
Impairment	341 000	0	0	0
Expenditure	37 732 000	28 122 000	25 966 000	36 316 000
Operating Profit	−2 804 000	−1 567 000	380 000	−1 576 000
Financial Income	49 000	57 000	365 000	122 000
Financial Costs	1 099 000	784 000	645 000	757 000
Financial Balance	−1 050 000	−727 000	−280 000	−635 000
Dividends	0	0	0	0
Net Income	−1 826 000	−2 294 000	100 000	−2 211 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	348 000	70 000	15 000
Real Eastate	6 287 000	0	0	0
Machinery and Plant Facilities	4 994 000	2 353 000	2 511 000	2 748 000
Fixtures	124 000	125 000	164 000	120 000
Total Tangible Assets	11 405 000	2 478 000	2 675 000	2 868 000
Total Fiancial Fixed Assets	23 000	22 000	19 000	5 000
Total Fixed Assets	11 431 000	2 848 000	2 764 000	2 887 000
Stock	9 672 000	16 791 000	5 765 000	0
Total Investments	0	0	0	0
Cash, Bank	242 000	169 000	292 000	214 000
Total Current Assets	24 229 000	14 395 000	11 401 000	10 159 000
Total Assets	35 660 000	17 243 000	14 165 000	13 046 000
Total Equity	24 526 000	−605 000	1 689 000	1 589 000
Short-Term Group Debt	0	1 000 000	1 000 000	1 000 000
Total Long-Term Debt	1 629 000	1 688 000	2 288 000	2 738 000
Creditors	3 894 000	7 935 000	3 118 000	2 364 000
Unpaid Taxes	367 000	214 000	300 000	280 000
Dividends	0	0	0	0
Other Current Debt	1 201 000	956 000	1 073 000	1 108 000
Total Current Debt	9 505 000	16 160 000	10 188 000	8 720 000
Total Equity and Debt	35 660 000	17 243 000	14 165 000	13 046 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,45 %	379,17 %	5,92 %	−139,14 %
Debt-to-Equity Ratio	0,07	−2,79	1,35	1,72
Operating Profit Margin	−8,03 %	−5,9 %	1,44 %	−4,54 %
Current Ratio	2,55	0,89	1,12	1,17
Quick Ratio	−145,08	−22,81	2,58	1,17
Equity Ratio	0,69	−0,04	0,12	0,12
Gross Profit Margin	34,73 %	41,3 %	45,98 %	40,05 %