GAVEL AS

5428 FOLDRØYHAMN

Finances

Share Ownership

Return on Equity

18,66 %

Current Ratio

1,57

Debt-to-Equity Ratio

−1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 316 000	1 882 000	3 271 000	2 561 000
Net Income	−225 000	−820 000	−516 000	326 000
Total Assets	340 000	265 000	177 000	635 000
Total Equity	−1 206 000	−981 000	−161 000	356 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 316 000	1 882 000	3 271 000	2 561 000
Expenditure	1 535 000	2 686 000	3 786 000	2 143 000
Operating Profit	−219 000	−804 000	−514 000	418 000
Financial Income	0	0	0	0
Financial Costs	7 000	16 000	2 000	1 000
Financial Balance	−7 000	−16 000	−2 000	−1 000
Earnings Before Tax	−225 000	−820 000	−516 000	417 000
Tax	0	0	0	92 000
Net Income	−225 000	−820 000	−516 000	326 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	14 000	48 000	35 000
Total Current Assets	340 000	251 000	129 000	601 000
Total Assets	340 000	265 000	177 000	635 000
Total Retained Equity	−1 236 000	−1 011 000	−191 000	326 000
Total Equity	−1 206 000	−981 000	−161 000	356 000
Total Long-Term Debt	1 330 000	1 000 000	200 000	0
Total Current Debt	216 000	246 000	137 000	280 000
Total Equity and Debt	340 000	265 000	177 000	635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 316 000	1 882 000	3 271 000	2 561 000
Other Income	0	0	0	0
Revenue	1 316 000	1 882 000	3 271 000	2 561 000
Cost of Goods Sold	320 000	1 227 000	2 001 000	934 000
Salary Costs	1 083 000	1 313 000	1 490 000	947 000
Depreciation	14 000	4 000	5 000	1 000
Impairment	0	0	0	0
Expenditure	1 535 000	2 686 000	3 786 000	2 143 000
Operating Profit	−219 000	−804 000	−514 000	418 000
Financial Income	0	0	0	0
Financial Costs	7 000	16 000	2 000	1 000
Financial Balance	−7 000	−16 000	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−225 000	−820 000	−516 000	326 000

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	14 000	18 000	23 000
Total Tangible Assets	0	14 000	18 000	23 000
Total Fiancial Fixed Assets	0	0	30 000	12 000
Total Fixed Assets	0	14 000	48 000	35 000
Stock	200 000	200 000	300 000	600 000
Total Investments	0	0	0	0
Cash, Bank	140 000	−5 000	−231 000	1 000
Total Current Assets	340 000	251 000	129 000	601 000
Total Assets	340 000	265 000	177 000	635 000
Total Equity	−1 206 000	−981 000	−161 000	356 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 330 000	1 000 000	200 000	0
Creditors	0	0	0	0
Unpaid Taxes	128 000	119 000	48 000	98 000
Dividends	0	0	0	0
Other Current Debt	88 000	127 000	89 000	89 000
Total Current Debt	216 000	246 000	137 000	280 000
Total Equity and Debt	340 000	265 000	177 000	635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,66 %	83,59 %	320,5 %	91,57 %
Debt-to-Equity Ratio	−1,1	−1,02	−1,24	0
Operating Profit Margin	−16,64 %	−42,72 %	−15,71 %	16,32 %
Current Ratio	1,57	1,02	0,94	2,15
Quick Ratio	21,25	5,46	−0,79	−1,88
Equity Ratio	−3,55	−3,7	−0,91	0,56
Gross Profit Margin	75,68 %	34,8 %	38,83 %	63,53 %