FRANZ GITTER AS

3267 LARVIK

Finances

Return on Equity

40,91 %

Current Ratio

3,83

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	952 000	1 243 000	1 231 000	876 000
Total Assets	3 457 000	3 903 000	3 427 000	2 901 000
Total Equity	2 327 000	1 675 000	1 632 000	901 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	8 000	6 000	6 000	0
Operating Profit	−8 000	−6 000	−6 000	0
Financial Income	1 005 000	1 301 000	1 301 000	900 000
Financial Costs	46 000	52 000	63 000	24 000
Financial Balance	959 000	1 249 000	1 238 000	876 000
Earnings Before Tax	952 000	1 243 000	1 231 000	876 000
Tax	0	0	0	0
Net Income	952 000	1 243 000	1 231 000	876 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 295 000	2 289 000	2 288 000	2 000 000
Total Current Assets	1 162 000	1 614 000	1 139 000	901 000
Total Assets	3 457 000	3 903 000	3 427 000	2 901 000
Total Retained Equity	2 297 000	1 645 000	1 602 000	871 000
Total Equity	2 327 000	1 675 000	1 632 000	901 000
Total Long-Term Debt	826 000	1 225 000	1 392 000	1 958 000
Total Current Debt	303 000	1 003 000	403 000	41 000
Total Equity and Debt	3 457 000	3 903 000	3 427 000	2 901 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 000	6 000	6 000	0
Operating Profit	−8 000	−6 000	−6 000	0
Financial Income	1 005 000	1 301 000	1 301 000	900 000
Financial Costs	46 000	52 000	63 000	24 000
Financial Balance	959 000	1 249 000	1 238 000	876 000
Dividends	300 000	1 000 000	400 000	0
Net Income	952 000	1 243 000	1 231 000	876 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 295 000	2 289 000	2 288 000	2 000 000
Total Fixed Assets	2 295 000	2 289 000	2 288 000	2 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	162 000	314 000	139 000	1 000
Total Current Assets	1 162 000	1 614 000	1 139 000	901 000
Total Assets	3 457 000	3 903 000	3 427 000	2 901 000
Total Equity	2 327 000	1 675 000	1 632 000	901 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	826 000	1 225 000	1 392 000	1 958 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	300 000	1 000 000	400 000	0
Other Current Debt	3 000	3 000	3 000	41 000
Total Current Debt	303 000	1 003 000	403 000	41 000
Total Equity and Debt	3 457 000	3 903 000	3 427 000	2 901 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,91 %	74,21 %	75,43 %	97,23 %
Debt-to-Equity Ratio	0,35	0,73	0,85	2,17
Operating Profit Margin	-	-	-	-
Current Ratio	3,83	1,61	2,83	21,98
Quick Ratio	3,83	1,61	2,83	21,98
Equity Ratio	0,67	0,43	0,48	0,31
Gross Profit Margin	-	-	-	-