GT2 EIENDOM AS

4647 BRENNÅSEN

Finances

Share Ownership

Return on Equity

26,55 %

Current Ratio

1,23

Debt-to-Equity Ratio

6,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	826 000	720 000	720 000	420 000
Net Income	274 000	148 000	119 000	1 000
Total Assets	8 067 000	8 308 000	10 674 000	13 978 000
Total Equity	1 032 000	759 000	610 000	492 000

Income (NOK)	2022	2021	2020	2019
Revenue	826 000	720 000	720 000	420 000
Expenditure	328 000	432 000	429 000	271 000
Operating Profit	498 000	289 000	292 000	149 000
Financial Income	0	0	120 000	1 000
Financial Costs	147 000	98 000	259 000	149 000
Financial Balance	−147 000	−98 000	−139 000	−148 000
Earnings Before Tax	351 000	190 000	152 000	1 000
Tax	77 000	42 000	33 000	0
Net Income	274 000	148 000	119 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 897 000	8 214 000	8 525 000	13 444 000
Total Current Assets	170 000	94 000	2 149 000	533 000
Total Assets	8 067 000	8 308 000	10 674 000	13 978 000
Total Retained Equity	532 000	259 000	110 000	−8 000
Total Equity	1 032 000	759 000	610 000	492 000
Total Long-Term Debt	6 896 000	7 460 000	9 491 000	8 906 000
Total Current Debt	138 000	90 000	572 000	4 580 000
Total Equity and Debt	8 067 000	8 308 000	10 674 000	13 978 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	826 000	720 000	720 000	420 000
Revenue	826 000	720 000	720 000	420 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	337 000	337 000	333 000	209 000
Impairment	0	0	0	0
Expenditure	328 000	432 000	429 000	271 000
Operating Profit	498 000	289 000	292 000	149 000
Financial Income	0	0	120 000	1 000
Financial Costs	147 000	98 000	259 000	149 000
Financial Balance	−147 000	−98 000	−139 000	−148 000
Dividends	0	0	0	0
Net Income	274 000	148 000	119 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 000
Real Eastate	7 897 000	8 214 000	8 525 000	13 442 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	7 897 000	8 214 000	8 525 000	13 442 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 897 000	8 214 000	8 525 000	13 444 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	160 000	89 000	683 000	288 000
Total Current Assets	170 000	94 000	2 149 000	533 000
Total Assets	8 067 000	8 308 000	10 674 000	13 978 000
Total Equity	1 032 000	759 000	610 000	492 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 896 000	7 460 000	9 491 000	8 906 000
Creditors	8 000	17 000	0	0
Unpaid Taxes	29 000	28 000	566 000	23 000
Dividends	0	0	0	0
Other Current Debt	11 000	7 000	6 000	30 000
Total Current Debt	138 000	90 000	572 000	4 580 000
Total Equity and Debt	8 067 000	8 308 000	10 674 000	13 978 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,55 %	19,5 %	19,51 %	0,2 %
Debt-to-Equity Ratio	6,68	9,83	15,56	18,1
Operating Profit Margin	60,29 %	40,14 %	40,56 %	35,48 %
Current Ratio	1,23	1,04	3,76	0,12
Quick Ratio	1,23	1,04	3,76	0,12
Equity Ratio	0,13	0,09	0,06	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %