GT FINANS 2 AS

9900 KIRKENES

Finances

Return on Equity

30,86 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	168 280 000	151 207 000	119 706 000	168 261 000
Net Income	22 161 000	12 070 000	11 285 000	8 111 000
Total Assets	213 695 000	213 074 000	181 627 000	186 152 000
Total Equity	71 818 000	84 044 000	82 465 000	57 295 000

Income (NOK)	2022	2021	2020	2019
Revenue	168 280 000	151 207 000	119 706 000	168 261 000
Expenditure	146 021 000	135 148 000	101 246 000	153 927 000
Operating Profit	22 258 000	16 058 000	18 459 000	14 334 000
Financial Income	2 676 000	2 229 000	405 000	1 329 000
Financial Costs	4 825 000	7 826 000	3 824 000	3 751 000
Financial Balance	−2 149 000	−5 597 000	−3 419 000	−2 422 000
Earnings Before Tax	20 109 000	10 461 000	15 041 000	11 912 000
Tax	−2 052 000	−1 609 000	3 756 000	3 801 000
Net Income	22 161 000	12 070 000	11 285 000	8 111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	106 958 000	117 873 000	105 772 000	105 330 000
Total Current Assets	106 737 000	95 201 000	75 855 000	80 823 000
Total Assets	213 695 000	213 074 000	181 627 000	186 152 000
Total Retained Equity	71 688 000	83 914 000	82 335 000	57 265 000
Total Equity	71 818 000	84 044 000	82 465 000	57 295 000
Total Long-Term Debt	65 415 000	66 881 000	52 558 000	55 087 000
Total Current Debt	76 461 000	62 149 000	46 603 000	73 771 000
Total Equity and Debt	213 695 000	213 074 000	181 627 000	186 152 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	163 656 000	145 663 000	114 903 000	166 026 000
Other Income	4 624 000	5 544 000	4 803 000	2 235 000
Revenue	168 280 000	151 207 000	119 706 000	168 261 000
Cost of Goods Sold	50 725 000	51 665 000	30 420 000	40 978 000
Salary Costs	66 528 000	56 924 000	55 071 000	80 949 000
Depreciation	4 624 000	4 778 000	3 341 000	3 404 000
Impairment	0	0	0	0
Expenditure	146 021 000	135 148 000	101 246 000	153 927 000
Operating Profit	22 258 000	16 058 000	18 459 000	14 334 000
Financial Income	2 676 000	2 229 000	405 000	1 329 000
Financial Costs	4 825 000	7 826 000	3 824 000	3 751 000
Financial Balance	−2 149 000	−5 597 000	−3 419 000	−2 422 000
Dividends	0	0	0	0
Net Income	22 161 000	12 070 000	11 285 000	8 111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 653 000	4 895 000	3 286 000	3 891 000
Real Eastate	65 097 000	68 151 000	50 814 000	51 977 000
Machinery and Plant Facilities	19 076 000	20 705 000	21 999 000	23 293 000
Fixtures	2 886 000	3 620 000	4 385 000	4 577 000
Total Tangible Assets	87 059 000	92 476 000	77 197 000	79 847 000
Total Fiancial Fixed Assets	18 247 000	20 502 000	25 288 000	21 591 000
Total Fixed Assets	106 958 000	117 873 000	105 772 000	105 330 000
Stock	4 520 000	3 762 000	3 498 000	3 727 000
Total Investments	2 021 000	2 212 000	4 650 000	4 730 000
Cash, Bank	67 304 000	49 528 000	45 351 000	39 753 000
Total Current Assets	106 737 000	95 201 000	75 855 000	80 823 000
Total Assets	213 695 000	213 074 000	181 627 000	186 152 000
Total Equity	71 818 000	84 044 000	82 465 000	57 295 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	65 415 000	66 881 000	52 558 000	55 087 000
Creditors	8 828 000	12 947 000	5 253 000	11 106 000
Unpaid Taxes	4 358 000	3 549 000	4 308 000	6 527 000
Dividends	0	0	0	0
Other Current Debt	29 088 000	27 653 000	24 932 000	44 373 000
Total Current Debt	76 461 000	62 149 000	46 603 000	73 771 000
Total Equity and Debt	213 695 000	213 074 000	181 627 000	186 152 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,86 %	14,36 %	13,68 %	14,16 %
Debt-to-Equity Ratio	0,91	0,8	0,64	0,96
Operating Profit Margin	13,23 %	10,62 %	15,42 %	8,52 %
Current Ratio	1,4	1,53	1,63	1,1
Quick Ratio	1,48	1,63	1,76	1,15
Equity Ratio	0,34	0,39	0,45	0,31
Gross Profit Margin	69,86 %	65,83 %	74,59 %	75,65 %