GMC HVAC AS

4007 STAVANGER

Finances

Share Ownership

Return on Equity

−13,86 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	104 690 000	74 779 000	97 069 000	209 320 000
Net Income	−1 541 000	−6 382 000	−6 080 000	686 000
Total Assets	53 301 000	33 494 000	37 579 000	84 362 000
Total Equity	11 117 000	7 858 000	12 819 000	18 900 000

Income (NOK)	2022	2021	2020	2019
Revenue	104 690 000	74 779 000	97 069 000	209 320 000
Expenditure	106 567 000	82 735 000	104 401 000	207 628 000
Operating Profit	−1 877 000	−7 957 000	−7 332 000	1 693 000
Financial Income	17 000	6 000	137 000	404 000
Financial Costs	101 000	226 000	598 000	1 213 000
Financial Balance	−84 000	−220 000	−461 000	−809 000
Earnings Before Tax	−1 961 000	−8 176 000	−7 794 000	884 000
Tax	−419 000	−1 794 000	−1 713 000	199 000
Net Income	−1 541 000	−6 382 000	−6 080 000	686 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	926 000	3 820 000	3 084 000	2 631 000
Total Current Assets	52 374 000	29 674 000	34 495 000	81 731 000
Total Assets	53 301 000	33 494 000	37 579 000	84 362 000
Total Retained Equity	0	0	0	0
Total Equity	11 117 000	7 858 000	12 819 000	18 900 000
Total Long-Term Debt	1 354 000	19 000	109 000	25 770 000
Total Current Debt	40 829 000	25 618 000	24 651 000	39 692 000
Total Equity and Debt	53 301 000	33 494 000	37 579 000	84 362 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	104 690 000	73 936 000	94 256 000	209 320 000
Other Income	0	843 000	2 813 000	0
Revenue	104 690 000	74 779 000	97 069 000	209 320 000
Cost of Goods Sold	56 218 000	38 429 000	39 202 000	121 843 000
Salary Costs	41 046 000	34 450 000	47 830 000	67 308 000
Depreciation	778 000	772 000	803 000	783 000
Impairment	0	0	0	0
Expenditure	106 567 000	82 735 000	104 401 000	207 628 000
Operating Profit	−1 877 000	−7 957 000	−7 332 000	1 693 000
Financial Income	17 000	6 000	137 000	404 000
Financial Costs	101 000	226 000	598 000	1 213 000
Financial Balance	−84 000	−220 000	−461 000	−809 000
Dividends	0	0	0	0
Net Income	−1 541 000	−6 382 000	−6 080 000	686 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 401 000	1 007 000	0
Real Eastate	0	0	3 000	97 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	926 000	1 419 000	2 074 000	2 534 000
Total Tangible Assets	926 000	1 419 000	2 077 000	2 631 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	926 000	3 820 000	3 084 000	2 631 000
Stock	0	0	50 000	6 035 000
Total Investments	0	0	0	0
Cash, Bank	0	0	1 000	881 000
Total Current Assets	52 374 000	29 674 000	34 495 000	81 731 000
Total Assets	53 301 000	33 494 000	37 579 000	84 362 000
Total Equity	11 117 000	7 858 000	12 819 000	18 900 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 354 000	19 000	109 000	25 770 000
Creditors	23 888 000	9 307 000	5 793 000	9 635 000
Unpaid Taxes	3 387 000	2 909 000	3 098 000	7 749 000
Dividends	0	0	0	0
Other Current Debt	13 554 000	13 401 000	15 760 000	22 309 000
Total Current Debt	40 829 000	25 618 000	24 651 000	39 692 000
Total Equity and Debt	53 301 000	33 494 000	37 579 000	84 362 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,86 %	−81,22 %	−47,43 %	3,63 %
Debt-to-Equity Ratio	0,12	0	0,01	1,36
Operating Profit Margin	−1,79 %	−10,64 %	−7,55 %	0,81 %
Current Ratio	1,28	1,16	1,4	2,06
Quick Ratio	1,28	1,16	1,4	2,43
Equity Ratio	0,21	0,23	0,34	0,22
Gross Profit Margin	46,3 %	48,61 %	59,61 %	41,79 %