GODESETDALEN AS

4034 STAVANGER

Finances

Share Ownership

Return on Equity

1,68 %

Current Ratio

0,31

Debt-to-Equity Ratio

1,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	304 000	278 000	248 000	171 000
Net Income	17 000	25 000	−43 000	26 000
Total Assets	2 881 000	2 988 000	3 120 000	3 240 000
Total Equity	1 010 000	993 000	968 000	1 010 000

Income (NOK)	2022	2021	2020	2019
Revenue	304 000	278 000	248 000	171 000
Expenditure	191 000	168 000	217 000	74 000
Operating Profit	113 000	109 000	31 000	97 000
Financial Income	0	0	0	0
Financial Costs	90 000	77 000	86 000	66 000
Financial Balance	−90 000	−77 000	−86 000	−66 000
Earnings Before Tax	22 000	32 000	−55 000	32 000
Tax	5 000	7 000	−12 000	6 000
Net Income	17 000	25 000	−43 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 856 000	2 956 000	2 974 000	3 052 000
Total Current Assets	26 000	32 000	147 000	188 000
Total Assets	2 881 000	2 988 000	3 120 000	3 240 000
Total Retained Equity	20 000	3 000	−22 000	20 000
Total Equity	1 010 000	993 000	968 000	1 010 000
Total Long-Term Debt	1 787 000	1 939 000	2 095 000	2 206 000
Total Current Debt	84 000	56 000	57 000	24 000
Total Equity and Debt	2 881 000	2 988 000	3 120 000	3 240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	74 000	18 000	33 000	18 000
Other Income	230 000	260 000	215 000	153 000
Revenue	304 000	278 000	248 000	171 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	100 000	87 000	85 000	51 000
Impairment	0	0	0	0
Expenditure	191 000	168 000	217 000	74 000
Operating Profit	113 000	109 000	31 000	97 000
Financial Income	0	0	0	0
Financial Costs	90 000	77 000	86 000	66 000
Financial Balance	−90 000	−77 000	−86 000	−66 000
Dividends	0	0	0	0
Net Income	17 000	25 000	−43 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	0
Real Eastate	2 776 000	2 850 000	2 923 000	2 996 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	79 000	106 000	44 000	56 000
Total Tangible Assets	2 856 000	2 956 000	2 967 000	3 052 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 856 000	2 956 000	2 974 000	3 052 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	29 000	71 000	34 000
Total Current Assets	26 000	32 000	147 000	188 000
Total Assets	2 881 000	2 988 000	3 120 000	3 240 000
Total Equity	1 010 000	993 000	968 000	1 010 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 787 000	1 939 000	2 095 000	2 206 000
Creditors	20 000	0	2 000	15 000
Unpaid Taxes	6 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	58 000	56 000	56 000	9 000
Total Current Debt	84 000	56 000	57 000	24 000
Total Equity and Debt	2 881 000	2 988 000	3 120 000	3 240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,68 %	2,52 %	−4,44 %	2,57 %
Debt-to-Equity Ratio	1,77	1,95	2,16	2,18
Operating Profit Margin	37,17 %	39,21 %	12,5 %	56,73 %
Current Ratio	0,31	0,57	2,58	7,83
Quick Ratio	0,31	0,57	2,58	7,83
Equity Ratio	0,35	0,33	0,31	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %