GM TRANSPORT AS

1892 DEGERNES

Finances

Share Ownership

Return on Equity

75,98 %

Current Ratio

0,61

Debt-to-Equity Ratio

−0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 237 000	3 980 000	2 781 000	723 000
Net Income	−291 000	−122 000	−28 000	33 000
Total Assets	521 000	545 000	440 000	330 000
Total Equity	−383 000	−92 000	29 000	58 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 237 000	3 980 000	2 781 000	723 000
Expenditure	4 493 000	4 098 000	2 817 000	682 000
Operating Profit	−255 000	−117 000	−36 000	42 000
Financial Income	0	0	0	0
Financial Costs	36 000	4 000	0	1 000
Financial Balance	−36 000	−4 000	0	−1 000
Earnings Before Tax	−291 000	−122 000	−36 000	41 000
Tax	0	0	−8 000	8 000
Net Income	−291 000	−122 000	−28 000	33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	123 000	123 000	75 000	15 000
Total Current Assets	398 000	422 000	365 000	315 000
Total Assets	521 000	545 000	440 000	330 000
Total Retained Equity	−413 000	−122 000	−1 000	28 000
Total Equity	−383 000	−92 000	29 000	58 000
Total Long-Term Debt	251 000	0	0	0
Total Current Debt	653 000	637 000	411 000	273 000
Total Equity and Debt	521 000	545 000	440 000	330 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 236 000	3 980 000	2 781 000	723 000
Other Income	1 000	1 000	0	0
Revenue	4 237 000	3 980 000	2 781 000	723 000
Cost of Goods Sold	34 000	296 000	119 000	0
Salary Costs	1 888 000	1 707 000	1 101 000	269 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 493 000	4 098 000	2 817 000	682 000
Operating Profit	−255 000	−117 000	−36 000	42 000
Financial Income	0	0	0	0
Financial Costs	36 000	4 000	0	1 000
Financial Balance	−36 000	−4 000	0	−1 000
Dividends	0	0	0	0
Net Income	−291 000	−122 000	−28 000	33 000

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	123 000	123 000	75 000	15 000
Total Fixed Assets	123 000	123 000	75 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	258 000	239 000	257 000
Total Current Assets	398 000	422 000	365 000	315 000
Total Assets	521 000	545 000	440 000	330 000
Total Equity	−383 000	−92 000	29 000	58 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	251 000	0	0	0
Creditors	72 000	0	8 000	54 000
Unpaid Taxes	199 000	262 000	143 000	113 000
Dividends	0	0	0	0
Other Current Debt	299 000	375 000	260 000	98 000
Total Current Debt	653 000	637 000	411 000	273 000
Total Equity and Debt	521 000	545 000	440 000	330 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,98 %	132,61 %	−96,55 %	56,9 %
Debt-to-Equity Ratio	−0,66	−0	0	0
Operating Profit Margin	−6,02 %	−2,94 %	−1,29 %	5,81 %
Current Ratio	0,61	0,66	0,89	1,15
Quick Ratio	0,61	0,66	0,89	1,15
Equity Ratio	−0,74	−0,17	0,07	0,18
Gross Profit Margin	99,2 %	92,56 %	95,72 %	100 %