GEAR'D AS

7023 TRONDHEIM

Finances

Return on Equity

−46,15 %

Current Ratio

Debt-to-Equity Ratio

0,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 000	31 000	6 000	16 000
Net Income	−6 000	−16 000	−5 000	0
Total Assets	22 000	23 000	33 000	38 000
Total Equity	13 000	8 000	25 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 000	31 000	6 000	16 000
Expenditure	8 000	47 000	10 000	15 000
Operating Profit	−6 000	−16 000	−5 000	2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Earnings Before Tax	−6 000	−16 000	−5 000	0
Tax	0	0	0	0
Net Income	−6 000	−16 000	−5 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	12 000	0	26 000
Total Current Assets	10 000	11 000	33 000	12 000
Total Assets	22 000	23 000	33 000	38 000
Total Retained Equity	−28 000	−21 000	−5 000	0
Total Equity	13 000	8 000	25 000	30 000
Total Long-Term Debt	8 000	18 000	8 000	8 000
Total Current Debt	1 000	−2 000	0	0
Total Equity and Debt	22 000	23 000	33 000	38 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	28 000	2 000	16 000
Other Income	0	3 000	4 000	0
Revenue	1 000	31 000	6 000	16 000
Cost of Goods Sold	0	31 000	5 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	8 000
Impairment	0	0	0	0
Expenditure	8 000	47 000	10 000	15 000
Operating Profit	−6 000	−16 000	−5 000	2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Dividends	0	0	0	0
Net Income	−6 000	−16 000	−5 000	0

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	0	0	0	0
Fixtures	0	0	0	26 000
Total Tangible Assets	0	0	0	26 000
Total Fiancial Fixed Assets	12 000	12 000	0	0
Total Fixed Assets	12 000	12 000	0	26 000
Stock	0	0	26 000	0
Total Investments	0	0	0	0
Cash, Bank	0	3 000	0	12 000
Total Current Assets	10 000	11 000	33 000	12 000
Total Assets	22 000	23 000	33 000	38 000
Total Equity	13 000	8 000	25 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	18 000	8 000	8 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 000	−2 000	0	0
Total Equity and Debt	22 000	23 000	33 000	38 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−46,15 %	−200 %	−20 %	0 %
Debt-to-Equity Ratio	0,62	2,25	0,32	0,27
Operating Profit Margin	−600 %	−51,61 %	−83,33 %	12,5 %
Current Ratio	10	−5,5	-	-
Quick Ratio	10	−5,5	−1,27	-
Equity Ratio	0,59	0,35	0,76	0,79
Gross Profit Margin	100 %	0 %	16,67 %	100 %