GJESTVANG EIENDOM AS

2848 SKREIA

Finances

Return on Equity

179,04 %

Current Ratio

23,55

Debt-to-Equity Ratio

−91,33

Key figures (NOK)	2021	2020	2019	2018
Revenue	44 519 000	17 044 000	390 000	0
Net Income	−931 000	−639 000	99 000	−48 000
Total Assets	48 628 000	29 811 000	11 552 000	3 000
Total Equity	−520 000	411 000	1 050 000	2 000

Income (NOK)	2021	2020	2019	2018
Revenue	44 519 000	17 044 000	390 000	0
Expenditure	43 062 000	17 068 000	126 000	49 000
Operating Profit	1 457 000	−23 000	265 000	−49 000
Financial Income	17 000	0	0	0
Financial Costs	2 208 000	630 000	152 000	0
Financial Balance	−2 191 000	−630 000	−152 000	0
Earnings Before Tax	−735 000	−653 000	113 000	−48 000
Tax	196 000	−14 000	14 000	0
Net Income	−931 000	−639 000	99 000	−48 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	9 599 000	462 000	511 000	0
Total Current Assets	39 029 000	29 349 000	11 041 000	3 000
Total Assets	48 628 000	29 811 000	11 552 000	3 000
Total Retained Equity	−1 520 000	−589 000	50 000	−48 000
Total Equity	−520 000	411 000	1 050 000	2 000
Total Long-Term Debt	47 490 000	21 567 000	9 148 000	0
Total Current Debt	1 657 000	7 833 000	1 353 000	2 000
Total Equity and Debt	48 628 000	29 811 000	11 552 000	3 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	43 988 000	0	0	0
Other Income	531 000	17 044 000	390 000	0
Revenue	44 519 000	17 044 000	390 000	0
Cost of Goods Sold	41 186 000	16 194 000	0	0
Salary Costs	453 000	167 000	0	0
Depreciation	155 000	82 000	18 000	0
Impairment	0	0	0	0
Expenditure	43 062 000	17 068 000	126 000	49 000
Operating Profit	1 457 000	−23 000	265 000	−49 000
Financial Income	17 000	0	0	0
Financial Costs	2 208 000	630 000	152 000	0
Financial Balance	−2 191 000	−630 000	−152 000	0
Dividends	0	0	0	0
Net Income	−931 000	−639 000	99 000	−48 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 164 000	0	0	0
Machinery and Plant Facilities	300 000	0	0	0
Fixtures	0	396 000	478 000	0
Total Tangible Assets	7 464 000	396 000	478 000	0
Total Fiancial Fixed Assets	2 135 000	66 000	33 000	0
Total Fixed Assets	9 599 000	462 000	511 000	0
Stock	36 843 000	29 192 000	11 003 000	0
Total Investments	0	0	0	0
Cash, Bank	31 000	15 000	38 000	3 000
Total Current Assets	39 029 000	29 349 000	11 041 000	3 000
Total Assets	48 628 000	29 811 000	11 552 000	3 000
Total Equity	−520 000	411 000	1 050 000	2 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	47 490 000	21 567 000	9 148 000	0
Creditors	568 000	1 549 000	215 000	2 000
Unpaid Taxes	34 000	18 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 046 000	6 257 000	1 089 000	0
Total Current Debt	1 657 000	7 833 000	1 353 000	2 000
Total Equity and Debt	48 628 000	29 811 000	11 552 000	3 000

Financial indicators	2021	2020	2019	2018
Return on Equity	179,04 %	−155,47 %	9,43 %	−2 400 %
Debt-to-Equity Ratio	−91,33	52,47	8,71	0
Operating Profit Margin	3,27 %	−0,13 %	67,95 %	-
Current Ratio	23,55	3,75	8,16	1,5
Quick Ratio	−1,11	−1,37	−1,14	1,5
Equity Ratio	−0,01	0,01	0,09	0,67
Gross Profit Margin	7,49 %	4,99 %	100 %	-