GMU-TECH AS

1458 FJELLSTRAND

Finances

Return on Equity

43,09 %

Current Ratio

2,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 563 000	2 036 000	2 142 000	1 865 000
Net Income	318 000	282 000	591 000	434 000
Total Assets	1 190 000	1 315 000	1 378 000	838 000
Total Equity	738 000	570 000	688 000	396 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 563 000	2 036 000	2 142 000	1 865 000
Expenditure	1 190 000	1 430 000	1 371 000	1 297 000
Operating Profit	373 000	574 000	770 000	567 000
Financial Income	208 000	137 000	16 000	7 000
Financial Costs	184 000	278 000	29 000	16 000
Financial Balance	24 000	−141 000	−13 000	−9 000
Earnings Before Tax	396 000	434 000	757 000	558 000
Tax	78 000	151 000	165 000	124 000
Net Income	318 000	282 000	591 000	434 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 000	31 000	39 000	0
Total Current Assets	1 167 000	1 284 000	1 339 000	838 000
Total Assets	1 190 000	1 315 000	1 378 000	838 000
Total Retained Equity	708 000	540 000	658 000	366 000
Total Equity	738 000	570 000	688 000	396 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	452 000	745 000	690 000	442 000
Total Equity and Debt	1 190 000	1 315 000	1 378 000	838 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 563 000	2 036 000	2 142 000	1 865 000
Other Income	0	0	0	0
Revenue	1 563 000	2 036 000	2 142 000	1 865 000
Cost of Goods Sold	0	0	0	0
Salary Costs	999 000	1 000 000	999 000	1 025 000
Depreciation	8 000	8 000	1 000	0
Impairment	0	0	0	0
Expenditure	1 190 000	1 430 000	1 371 000	1 297 000
Operating Profit	373 000	574 000	770 000	567 000
Financial Income	208 000	137 000	16 000	7 000
Financial Costs	184 000	278 000	29 000	16 000
Financial Balance	24 000	−141 000	−13 000	−9 000
Dividends	150 000	400 000	300 000	150 000
Net Income	318 000	282 000	591 000	434 000

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	0	0	0	0
Fixtures	23 000	31 000	39 000	0
Total Tangible Assets	23 000	31 000	39 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	23 000	31 000	39 000	0
Stock	0	0	0	0
Total Investments	344 000	332 000	526 000	0
Cash, Bank	822 000	644 000	663 000	811 000
Total Current Assets	1 167 000	1 284 000	1 339 000	838 000
Total Assets	1 190 000	1 315 000	1 378 000	838 000
Total Equity	738 000	570 000	688 000	396 000
Short-Term Group Debt	150 000	0	300 000	150 000
Total Long-Term Debt	0	0	0	0
Creditors	1 000	7 000	9 000	1 000
Unpaid Taxes	93 000	88 000	83 000	71 000
Dividends	150 000	400 000	300 000	150 000
Other Current Debt	130 000	499 000	133 000	96 000
Total Current Debt	452 000	745 000	690 000	442 000
Total Equity and Debt	1 190 000	1 315 000	1 378 000	838 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,09 %	49,47 %	85,9 %	109,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,86 %	28,19 %	35,95 %	30,4 %
Current Ratio	2,58	1,72	1,94	1,9
Quick Ratio	2,58	1,72	1,94	1,9
Equity Ratio	0,62	0,43	0,5	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %