GFT DEVELOPMENT AS

1539 MOSS

Finances

Share Ownership

Return on Equity

1,48 %

Current Ratio

1,31

Debt-to-Equity Ratio

1,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 611 000	5 044 000	3 776 000	3 927 000
Net Income	2 000	55 000	18 000	22 000
Total Assets	1 114 000	869 000	576 000	600 000
Total Equity	135 000	133 000	78 000	59 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 611 000	5 044 000	3 776 000	3 927 000
Expenditure	4 599 000	4 967 000	3 739 000	3 886 000
Operating Profit	12 000	78 000	36 000	41 000
Financial Income	0	0	0	0
Financial Costs	6 000	2 000	11 000	8 000
Financial Balance	−6 000	−2 000	−11 000	−8 000
Earnings Before Tax	7 000	76 000	25 000	33 000
Tax	5 000	20 000	7 000	11 000
Net Income	2 000	55 000	18 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	74 000	92 000	128 000	109 000
Total Current Assets	1 040 000	778 000	448 000	491 000
Total Assets	1 114 000	869 000	576 000	600 000
Total Retained Equity	105 000	103 000	48 000	29 000
Total Equity	135 000	133 000	78 000	59 000
Total Long-Term Debt	186 000	8 000	−1 000	200 000
Total Current Debt	793 000	729 000	499 000	340 000
Total Equity and Debt	1 114 000	869 000	576 000	600 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 611 000	5 044 000	3 768 000	3 927 000
Other Income	0	0	8 000	0
Revenue	4 611 000	5 044 000	3 776 000	3 927 000
Cost of Goods Sold	2 388 000	3 100 000	2 242 000	2 343 000
Salary Costs	1 677 000	1 362 000	1 075 000	1 199 000
Depreciation	37 000	37 000	29 000	26 000
Impairment	0	0	0	0
Expenditure	4 599 000	4 967 000	3 739 000	3 886 000
Operating Profit	12 000	78 000	36 000	41 000
Financial Income	0	0	0	0
Financial Costs	6 000	2 000	11 000	8 000
Financial Balance	−6 000	−2 000	−11 000	−8 000
Dividends	0	0	0	0
Net Income	2 000	55 000	18 000	22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 000	44 000	66 000	88 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	52 000	48 000	62 000	21 000
Total Tangible Assets	74 000	92 000	128 000	109 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	74 000	92 000	128 000	109 000
Stock	861 000	323 000	413 000	241 000
Total Investments	0	0	0	0
Cash, Bank	98 000	63 000	7 000	57 000
Total Current Assets	1 040 000	778 000	448 000	491 000
Total Assets	1 114 000	869 000	576 000	600 000
Total Equity	135 000	133 000	78 000	59 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	186 000	8 000	−1 000	200 000
Creditors	58 000	146 000	148 000	29 000
Unpaid Taxes	282 000	197 000	156 000	195 000
Dividends	0	0	0	0
Other Current Debt	448 000	365 000	188 000	107 000
Total Current Debt	793 000	729 000	499 000	340 000
Total Equity and Debt	1 114 000	869 000	576 000	600 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,48 %	41,35 %	23,08 %	37,29 %
Debt-to-Equity Ratio	1,38	0,06	−0,01	3,39
Operating Profit Margin	0,26 %	1,55 %	0,95 %	1,04 %
Current Ratio	1,31	1,07	0,9	1,44
Quick Ratio	−15,29	1,92	5,21	4,96
Equity Ratio	0,12	0,15	0,14	0,1
Gross Profit Margin	48,21 %	38,54 %	40,63 %	40,34 %