GM EIENDOMSUTVIKLING AS

9403 HARSTAD

Finances

Share Ownership

Return on Equity

4,57 %

Current Ratio

0,22

Debt-to-Equity Ratio

2,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	455 000	72 000	14 000	0
Net Income	94 000	−95 000	−145 000	−101 000
Total Assets	6 586 000	7 306 000	4 334 000	1 870 000
Total Equity	2 058 000	1 964 000	72 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	455 000	72 000	14 000	0
Expenditure	196 000	96 000	106 000	60 000
Operating Profit	259 000	−24 000	−92 000	−60 000
Financial Income	−7 000	0	0	0
Financial Costs	159 000	98 000	89 000	70 000
Financial Balance	−166 000	−98 000	−89 000	−70 000
Earnings Before Tax	94 000	−122 000	−181 000	−130 000
Tax	0	−27 000	−36 000	−29 000
Net Income	94 000	−95 000	−145 000	−101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 533 000	3 291 000	2 249 000	0
Total Current Assets	53 000	4 015 000	2 085 000	1 870 000
Total Assets	6 586 000	7 306 000	4 334 000	1 870 000
Total Retained Equity	94 000	0	0	0
Total Equity	2 058 000	1 964 000	72 000	30 000
Total Long-Term Debt	4 287 000	1 745 000	1 765 000	0
Total Current Debt	241 000	3 596 000	2 496 000	1 840 000
Total Equity and Debt	6 586 000	7 306 000	4 334 000	1 870 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	455 000	72 000	14 000	0
Revenue	455 000	72 000	14 000	0
Cost of Goods Sold	31 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	44 000	7 000	7 000	0
Impairment	0	0	0	0
Expenditure	196 000	96 000	106 000	60 000
Operating Profit	259 000	−24 000	−92 000	−60 000
Financial Income	−7 000	0	0	0
Financial Costs	159 000	98 000	89 000	70 000
Financial Balance	−166 000	−98 000	−89 000	−70 000
Dividends	0	0	0	0
Net Income	94 000	−95 000	−145 000	−101 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 384 000	2 242 000	2 249 000	0
Machinery and Plant Facilities	1 149 000	1 049 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	6 533 000	3 291 000	2 249 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 533 000	3 291 000	2 249 000	0
Stock	0	1 735 000	1 735 000	1 726 000
Total Investments	0	0	0	0
Cash, Bank	48 000	35 000	108 000	13 000
Total Current Assets	53 000	4 015 000	2 085 000	1 870 000
Total Assets	6 586 000	7 306 000	4 334 000	1 870 000
Total Equity	2 058 000	1 964 000	72 000	30 000
Short-Term Group Debt	237 000	2 314 000	2 486 000	1 840 000
Total Long-Term Debt	4 287 000	1 745 000	1 765 000	0
Creditors	10 000	1 283 000	3 000	0
Unpaid Taxes	23 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	−30 000	0	6 000	0
Total Current Debt	241 000	3 596 000	2 496 000	1 840 000
Total Equity and Debt	6 586 000	7 306 000	4 334 000	1 870 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,57 %	−4,84 %	−201,39 %	−336,67 %
Debt-to-Equity Ratio	2,08	0,89	24,51	0
Operating Profit Margin	56,92 %	−33,33 %	−657,14 %	-
Current Ratio	0,22	1,12	0,84	1,02
Quick Ratio	0,22	2,16	2,74	16,4
Equity Ratio	0,31	0,27	0,02	0,02
Gross Profit Margin	93,19 %	100 %	100 %	-