GG UTVIKLING AS

0976 OSLO

Finances

Share Ownership

Return on Equity

978,37 %

Current Ratio

0,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 619 000	6 116 000	1 533 000	1 024 000
Net Income	2 035 000	552 000	76 000	−28 000
Total Assets	4 410 000	2 242 000	1 500 000	1 321 000
Total Equity	208 000	200 000	148 000	72 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 619 000	6 116 000	1 533 000	1 024 000
Expenditure	8 966 000	5 401 000	1 418 000	1 039 000
Operating Profit	2 654 000	716 000	115 000	−15 000
Financial Income	3 000	0	0	0
Financial Costs	14 000	8 000	25 000	14 000
Financial Balance	−11 000	−8 000	−25 000	−14 000
Earnings Before Tax	2 643 000	708 000	90 000	−28 000
Tax	608 000	156 000	14 000	0
Net Income	2 035 000	552 000	76 000	−28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 009 000	1 535 000	337 000	442 000
Total Current Assets	3 401 000	708 000	1 162 000	879 000
Total Assets	4 410 000	2 242 000	1 500 000	1 321 000
Total Retained Equity	108 000	100 000	48 000	−28 000
Total Equity	208 000	200 000	148 000	72 000
Total Long-Term Debt	0	27 000	1 019 000	1 014 000
Total Current Debt	4 202 000	2 015 000	332 000	235 000
Total Equity and Debt	4 410 000	2 242 000	1 500 000	1 321 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 619 000	6 116 000	1 533 000	1 024 000
Other Income	0	0	0	0
Revenue	11 619 000	6 116 000	1 533 000	1 024 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 787 000	3 608 000	988 000	707 000
Depreciation	518 000	354 000	135 000	69 000
Impairment	0	0	0	0
Expenditure	8 966 000	5 401 000	1 418 000	1 039 000
Operating Profit	2 654 000	716 000	115 000	−15 000
Financial Income	3 000	0	0	0
Financial Costs	14 000	8 000	25 000	14 000
Financial Balance	−11 000	−8 000	−25 000	−14 000
Dividends	0	500 000	0	0
Net Income	2 035 000	552 000	76 000	−28 000

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	1 009 000	1 535 000	337 000	442 000
Total Tangible Assets	1 009 000	1 535 000	337 000	442 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 009 000	1 535 000	337 000	442 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 398 000	523 000	1 147 000	879 000
Total Current Assets	3 401 000	708 000	1 162 000	879 000
Total Assets	4 410 000	2 242 000	1 500 000	1 321 000
Total Equity	208 000	200 000	148 000	72 000
Short-Term Group Debt	2 600 000	0	0	0
Total Long-Term Debt	0	27 000	1 019 000	1 014 000
Creditors	34 000	80 000	34 000	28 000
Unpaid Taxes	937 000	976 000	199 000	144 000
Dividends	0	500 000	0	0
Other Current Debt	568 000	325 000	92 000	63 000
Total Current Debt	4 202 000	2 015 000	332 000	235 000
Total Equity and Debt	4 410 000	2 242 000	1 500 000	1 321 000

Financial indicators	2022	2021	2020	2019
Return on Equity	978,37 %	276 %	51,35 %	−38,89 %
Debt-to-Equity Ratio	0	0,14	6,89	14,08
Operating Profit Margin	22,84 %	11,71 %	7,5 %	−1,46 %
Current Ratio	0,81	0,35	3,5	3,74
Quick Ratio	0,81	0,35	3,5	3,74
Equity Ratio	0,05	0,09	0,1	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %