GSM SKOG AS

1765 HALDEN

Finances

Share Ownership

Return on Equity

18,56 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 529 000	5 032 000	3 962 000	1 060 000
Net Income	165 000	275 000	61 000	−6 000
Total Assets	1 752 000	1 805 000	1 528 000	804 000
Total Equity	889 000	724 000	449 000	288 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 529 000	5 032 000	3 962 000	1 060 000
Expenditure	4 320 000	4 683 000	3 890 000	1 067 000
Operating Profit	208 000	348 000	72 000	−6 000
Financial Income	7 000	6 000	3 000	0
Financial Costs	1 000	1 000	0	0
Financial Balance	6 000	5 000	3 000	0
Earnings Before Tax	215 000	354 000	75 000	−6 000
Tax	50 000	78 000	14 000	0
Net Income	165 000	275 000	61 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	906 000	1 101 000	935 000	332 000
Total Current Assets	846 000	704 000	594 000	472 000
Total Assets	1 752 000	1 805 000	1 528 000	804 000
Total Retained Equity	489 000	324 000	49 000	−6 000
Total Equity	889 000	724 000	449 000	288 000
Total Long-Term Debt	0	0	2 000	0
Total Current Debt	863 000	1 081 000	1 077 000	516 000
Total Equity and Debt	1 752 000	1 805 000	1 528 000	804 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 529 000	5 032 000	3 962 000	1 060 000
Other Income	0	0	0	0
Revenue	4 529 000	5 032 000	3 962 000	1 060 000
Cost of Goods Sold	217 000	1 256 000	1 539 000	360 000
Salary Costs	1 448 000	1 056 000	672 000	41 000
Depreciation	41 000	41 000	15 000	2 000
Impairment	0	0	0	0
Expenditure	4 320 000	4 683 000	3 890 000	1 067 000
Operating Profit	208 000	348 000	72 000	−6 000
Financial Income	7 000	6 000	3 000	0
Financial Costs	1 000	1 000	0	0
Financial Balance	6 000	5 000	3 000	0
Dividends	0	0	0	0
Net Income	165 000	275 000	61 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	103 000	120 000	83 000	17 000
Fixtures	0	0	0	0
Total Tangible Assets	103 000	120 000	83 000	17 000
Total Fiancial Fixed Assets	803 000	982 000	852 000	316 000
Total Fixed Assets	906 000	1 101 000	935 000	332 000
Stock	42 000	16 000	16 000	17 000
Total Investments	0	0	0	0
Cash, Bank	460 000	526 000	472 000	168 000
Total Current Assets	846 000	704 000	594 000	472 000
Total Assets	1 752 000	1 805 000	1 528 000	804 000
Total Equity	889 000	724 000	449 000	288 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 000	0
Creditors	391 000	337 000	243 000	178 000
Unpaid Taxes	197 000	82 000	64 000	34 000
Dividends	0	0	0	0
Other Current Debt	225 000	581 000	758 000	303 000
Total Current Debt	863 000	1 081 000	1 077 000	516 000
Total Equity and Debt	1 752 000	1 805 000	1 528 000	804 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,56 %	37,98 %	13,59 %	−2,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,59 %	6,92 %	1,82 %	−0,57 %
Current Ratio	0,98	0,65	0,55	0,91
Quick Ratio	1,03	0,66	0,56	0,95
Equity Ratio	0,51	0,4	0,29	0,36
Gross Profit Margin	95,21 %	75,04 %	61,16 %	66,04 %