GANGES AS

6963 DALE I SUNNFJORD

Finances

Share Ownership

Return on Equity

296,97 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	740 000	511 000	163 000	0
Net Income	490 000	212 000	68 000	−42 000
Total Assets	434 000	350 000	87 000	115 000
Total Equity	165 000	30 000	83 000	55 000

Income (NOK)	2022	2021	2020	2019
Revenue	740 000	511 000	163 000	0
Expenditure	109 000	239 000	87 000	42 000
Operating Profit	631 000	272 000	76 000	−42 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	0	0
Earnings Before Tax	628 000	272 000	76 000	−42 000
Tax	138 000	60 000	7 000	0
Net Income	490 000	212 000	68 000	−42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	434 000	350 000	87 000	115 000
Total Assets	434 000	350 000	87 000	115 000
Total Retained Equity	135 000	0	53 000	25 000
Total Equity	165 000	30 000	83 000	55 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	268 000	319 000	4 000	60 000
Total Equity and Debt	434 000	350 000	87 000	115 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	740 000	511 000	163 000	0
Other Income	0	0	0	0
Revenue	740 000	511 000	163 000	0
Cost of Goods Sold	11 000	81 000	27 000	0
Salary Costs	0	36 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	109 000	239 000	87 000	42 000
Operating Profit	631 000	272 000	76 000	−42 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−3 000	0	0	0
Dividends	355 000	165 000	40 000	25 000
Net Income	490 000	212 000	68 000	−42 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	50 000
Total Investments	0	0	0	0
Cash, Bank	434 000	350 000	87 000	65 000
Total Current Assets	434 000	350 000	87 000	115 000
Total Assets	434 000	350 000	87 000	115 000
Total Equity	165 000	30 000	83 000	55 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−25 000	13 000	0	3 000
Unpaid Taxes	159 000	82 000	0	0
Dividends	355 000	165 000	40 000	25 000
Other Current Debt	0	0	−3 000	58 000
Total Current Debt	268 000	319 000	4 000	60 000
Total Equity and Debt	434 000	350 000	87 000	115 000

Financial indicators	2022	2021	2020	2019
Return on Equity	296,97 %	706,67 %	81,93 %	−76,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	85,27 %	53,23 %	46,63 %	-
Current Ratio	1,62	1,1	21,75	1,92
Quick Ratio	1,62	1,1	21,75	11,5
Equity Ratio	0,38	0,09	0,95	0,48
Gross Profit Margin	98,51 %	84,15 %	83,44 %	-